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SEEDS appoints 20 new partners to drive $300m deep tech investments

It will set aside $150m over the next three years to drive another $300m through its private sector partners.

SEEDS Capital (SEEDS), the investment arm of Enterprise Singapore (EnterpriseSG), has appointed 20 new local and global partners to co-invest in innovative Singapore-based deep tech startups.

The new partners include 22Health Ventures, Antares Ventures, East Ventures, Eurazeo Global Investor, Global Brain, HIVEN, iGlobe Partners, K3 Ventures, Kurma Partners, Matter Venture Partners, MOL PLUS, Monk’s Hill Ventures, Paspalis Capital, Shift4Good, ST Engineering Ventures, Tin Men Capital, Trinity Innovation Bioventure Singapore, Valuence Ventures, Vickers Venture Partners, and Xora.

Under the Startup SG Equity Scheme 1, SEEDS will set aside $150m over the next three years to catalyse another $300m through its private sector partners in areas including advanced manufacturing, pharma/MedTech, agrifood tech, sustainability such as energy, circular economy, urban mobility, water, space tech, and quantum tech.

With the new appointments, SEEDS now has a pool of 52 co-investors to help startups scale successfully.

New partners like East Ventures (Indonesia), Global Brain (Japan), HIVEN (South Korea), Paspalis Capital (Australia), and Valuence Ventures (USA/South Korea) provide resources and global networks to support startups in exploring and entering new markets for customer acquisition or diversifying supply chains.

Meanwhile, new appointments also include local investors familiar with Singapore’s operating landscape who can advise and mentor startups in areas like regulation and scaling, such as Vickers Venture Partners, iGlobe Partners, K3 Ventures, Antares Ventures, Monk’s Hill Ventures, and Tin Men Capital.

To date, close to $3b has been invested in over 330 startups under the Startup SG Equity scheme.

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