Today SGInnovate announced its ‘Deep Tech Nexus’ Strategy as a direct result of experiences and insights gained in its first year of operation. The Deep Tech Nexus represents SGInnovate’s commitment to add tangible value to the Singapore deep tech startup ecosystem in two key areas – Human Capital and Investment Capital. Three technology areas have been selected for focus during 2018: Artificial Intelligence, Blockchain and MedTech.
Many robots can already see and identify objects but artificial intelligence start-up Movel AI is looking to make them even "smarter", which could generate greater productivity for companies. In the third instalment of a four-part series on intellectual property, co-founders Bai Haoyu, 31, and Abhishek Gupta, 29, tell Lee Xin En how they are developing software that improves the vision of robots so they can be more accurate and less prone to accidents, and why they are filing a patent.
After leading a major push for innovation in new financial technology startups, Singapore is now eyeing healthcare technologies as the next big thing, with major investments planned in the area of artificial intelligence, according to Steve Leonard, founding CEO of Singapore state-backed SGInnovate and a former government official.
Singapore-based Taiger, which specialises in applied artificial intelligence (AI) solutions, has successfully closed its S$8 million ($5.87 million) Series A round, led by Tembusu ICT Fund I and state-backed investor SGInnovate.
Taiger, a startup specialising in applied artificial intelligence (AI) solutions, today disclosed a US$5.8 million funding deal to push Singapore’s AI capabilities forward in line with the country’s “Smart Nation” initiative. Its technology covers human-machine natural language interaction, semantic search, and information extraction.
Artificial intelligence is the trending tech topic of the year and Singapore’s government doesn’t want to miss out.