Singapore-based SGInnovate has a unique multi-stakeholder business model focused on identifying and funding Deep Tech startups. CEO Dr Lim Jui now plans to increase the group’s activity in advanced manufacturing and “wetware” — drugs and diagnostics — as firms increasingly are able to revert to pre-COVID business plans.
Singapore-headquartered document lifecycle management software vendor Accredify has struck a deal with IBM to integrate the latter’s Digital Health Pass into the Accredify Digital Health Passport offering. Accredify’s Digital Health Passport was created in partnership with SGInnovate at the onset of the COVID-19 pandemic to assist in the issuance of verifiable COVID-19 discharge memos to migrant workers at scale.
"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.
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.
COVID-19 will pave the way for more innovation said Deep Tech experts at a panel in Deep Tech Summit, a conference organised by SGInnovate and held in conjunction with SFF x SWITCH 2020.