Surveying Singapore's early-stage emerging tech startup landscape
Tue, 09/09/2025 - 12:00
The Singapore Early-Stage Emerging Tech Startups 2024 landscape report offers an overview of developments in the country’s emerging tech startup ecosystem. In addition to monitoring movements across four key verticals, namely Advanced Manufacturing, Agrifood, Sustainability, and the Health and Biomedical Sciences, the latest edition of the report has expanded to include a dedicated accompanying report on early-stage Cybersecurity startups.
Singapore’s early-stage emerging tech startups saw a 14% increase in deal volume in 2024, despite a slight dip (8%) in overall funding. The ecosystem witnessed notable growth in key areas, particularly Advanced Manufacturing and Sustainability, which benefited from strong global demand for computing hardware innovation and decarbonisation solutions.
Meanwhile, 68 Cybersecurity product startups were incorporated in Singapore between 2020 and 2024, with 42% of these companies having successfully fundraised. 2024 alone saw a total of US$42.5M being secured over 10 deals, though mean Seed (US$1.8M) and Series A (US$11.3M) round sizes still lag global averages, suggesting the ecosystem still has considerable room for growth.
Key areas of information covered within the report include:
- An overview of key spinoff sources from which emerging tech startups are being spun off
- A breakdown of funding activities across the different verticals examined
- SGInnovate's outlook for each field of technology and what startups should expect
