A guide to venture capital
As more Singaporean startups emerge, they attract investors hungry for returns in the current low interest rate environment. Venture capital funds are important in the startup ecosystem as they invest in risky ideas.
ACCORDING to the Singapore Venture Capital and Private Equity Association (SVCA), venture capital for technology-related startups in Singapore has risen sharply from US$27.9 million in 2011, to US$1.71 billion in 2013.
This represents a staggering sixty-fold increase.
Within South-east Asia, Singapore has also taken the lion's share of the region's venture investments, estimated at around US$2.7 billion in 2013.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
New Articles
HDB resale prices accelerate, rising 1.8% in Q1 on stronger demand
Digital Core Reit Q1 distributable income slips 2.4% to US$10.6 million
BT subscribers can now share 5 premium articles a month with unlimited number of non-subscribers
First Reit reports 3.2% lower Q1 DPU of S$0.006 amid interest rate, forex headwinds
Vietnam holds first gold auction in 11 years to stabilise market
How Hudson Yards went from ghost town to office success story