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SEEDS Capital calls for partners to invest in Singapore-based startups

SEEDS Capital, the investment arm of Enterprise Singapore, is launching a call for partnership for new private sector partners to co-invest in Singapore-based startups under the Startup SG Equity scheme.

SEEDS Capital aims to appoint between 10 to 15 partners and catalyse up to S$150 million of investments into early-stage, deep tech startups in the next five to eight years.

The call for partnership will focus on broadening, diversifying and refreshing SEEDS Capital’s current pool of 30 active co investment partners in three deep tech sectors: Advanced Manufacturing & Engineering; Health & Biomedical Sciences; Urban Solutions & Sustainability.

These sectors are in line with Singapore’s Research, Innovation and Enterprise 2020 (RIE2020) Technology Domains, which aim to increase Singapore’s research capabilities, as well as to support economic growth in key focus areas such as digital health, agri-food tech, urban mobility and logistics & supply chain that have emerged due to COVID-19.

Said Mr Ted Tan, Chairman of SEEDS Capital and Enterprise Singapore’s Deputy Chief Executive Officer, “Our industries are pressing ahead with digitalisation and innovation efforts, not just to overcome the impacts of COVID-19, but to pave the way for a new Startup SG Equity catalyses private-sector investment for startups through government equity coinvestment. Please refer to www.startupsg.net for more details economy. Through the co-investments with these private sector partners, we hope to provide the appropriate guidance and resources that will enable deep tech startups to succeed in developing new and disruptive technologies that can help our enterprises
emerge stronger.”

SEEDS Capital is seeking partners who can:

a. Identify and co-invest in Singapore-based, early-stage deep tech startups in the Advanced Manufacturing & Engineering, Health & Biomedical Sciences, and Urban Solutions & Sustainability sectors

b. Provide hands-on assistance in helping these early-stage deep tech startups fasttrack commercialisation and connect them to potential clients globally.

The call for partnership will open on 7 December 2020 and close on 17 January 2021. Local and foreign parties with presence in Singapore are welcome to apply. For more information on the pplication criteria, please visit http://startupsg.gov.sg/programmes/4895/startup-sg-equity

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.