124 views
green tech stats from Singapore Venture Funding Landscape 2023: A Full-Year Study.

Value slip shadows green tech deal boom in Singapore

The total value of green tech deals declined to $346.4m (US$257m).

Green tech deals more than doubled in 2023, jumping from 10 in 2022 to 26 in 2023.

Despite recording a higher deal volume, the total value of green tech deals slipped to $346.4m (US$257m) from $349.1m (US$259m) in 2022.

The Singapore Venture Funding Landscape 2023 revealed that investors prefer investing in venture-backed companies that have ESG frameworks embedded into their core operations and management.

ALSO READ: Sustainability, biomedical startups draw investors, founder focus

Green tech enterprises with hardware capabilities in renewable energy, waste management, and battery services are also gaining traction amongst investors, the report added. 

(US$1 = S$1.35)

Join Singapore Business Review community

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.