"I do hope to grow in this space and help enhance food security in Singapore through Deep Tech,” shares Cheng Yi Chiao, PowerX trainee on his newly acquired Robotics development skills.
Although there are only around 1,000 electric cars on the roads today, there is a strong push to increase this number to around 200,000 by 2030, shared Tong Hsien-Hui, Executive Director of Venture Investing at SGInnovate, on Singapore’s EV outlook.
“This is the pathway which is particularly being developed at large scale now to try and decarbonise hydrogen production,” Dr Patrick Hartley, Leader, CSIRO Hydrogen Industry Mission, said in a panel at the Deep Tech Summit organised by SGInnovate last year.
Bot MD has raised US$5 million in Series A round led by Monk's Hill Ventures. Other investors in the round include SeaX Ventures, XA Network and SGInnovate, healthcare industry veterans Lu Yoh-Chie and Jean-Luc Butel, as well as Silicon Valley notable, Steve Blank.
Deep Tech represents an area where Singapore can shine due to its strong incumbent talent base and research facilities.