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YCH Group's SCAngels and SGInnovate to boost deep tech startups

The local partnership sees SCAngels pumping S$10m to bankroll early stage firms

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Published Wed, Dec 13, 2017 · 09:50 PM

    Singapore

    SUPPLY Chain Angels (SCAngels), the corporate venture arm of YCH Group, on Wednesday announced its partnership with SGInnovate to bolster Singapore's deep tech startup scene.

    Under the Startup SG Equity scheme, SCAngels will set aside an initial investment of S$10 million to bankroll early stage startups focusing on technologies, including artificial intelligence (AI), cybersecurity and the Internet of Things (IoT).

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