Latest News In Innovation | SGInnovate

Keep up to date with the latest news in Deep Tech – from Singapore to the world.

    Latest News in Deep Tech – from Singapore to The World.

  • ASEAN Venture Capitalists’ Risk Appetite For Deep Tech Startups Rising: Alex Crompton, Entrepreneur First

    DealStreetAsia published an article based on an interview with Alex Crompton, the Director of EF in Singapore. Crompton discusses how EF’s investment thesis and protocols have evolved since its launch in Singapore, his views on the city-state’s venture ecosystem and its investors, the impact of Brexit on startups and VCs, as well as its talent pool, among other topics. Crompton also talked about EF’s partnership with SGInnovate and the impact of its recent shift based on the ‘Deep Tech Nexus’ strategy announcement. He shared that SGInnovate had contributed to helping them establish and grow EF’s presence in Singapore. He believes that the strategy shift by SGInnovate sends a strong and positive signal to the investment community, giving people the confidence to and provide a significant boost to the ecosystem. Finally, he adds that SGInnovate’s talent building initiative has helped bring more people into the deep tech ecosystem.

    Topics: Others, Startup and Corporate Open Innovation, Talent and Mentoring

  • Highlights at Day 1 of EmTech Asia 2018

    EmTech Asia 2018, the world's most anticipated conference on emerging technologies that matter, kicked off today with well-attended series of curated sessions on innovation; building future cities; commercialisation; bioengineering and medicine; augmented and virtual reality; quantum computing and security; and consumer internet.  

    Topics: Others

  • Towards Smart Nation Singapore – Developments in 2017 (Part 3 of 3)

    SGInnovate announced its ‘Deep Tech Nexus’ Strategy in December 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.

    On December 14, SGInnovate announced that it has appointed 17 co-investorsunder the Startup SG Equity scheme. The co-investors would collectively be identifying and co-investing with SGInnovate in early-stage deep tech startups in areas prioritised in Singapore’s Research, Innovation and Enterprise 2020 Plan or RIE2020, such as Artificial Intelligence and Blockchain.


    Topics: Others

  • Singapore’s journey in innovation

    Rising against all odds, Singapore is pushing hard to becoming a research-intensive, innovative and entrepreneurial economy.

    “When it comes to innovation, there is no such thing as status quo — you either improve or decline relative to everyone else and sitting in a comfort zone for too long could prove costly.” That is the philosophy of Steve Leonard, the founding chief executive of SGInnovate. SGInnovate is a leading government enterprise that consolidates entrepreneurs’ innovation efforts in Singapore.

    Given Singapore’s tiny domestic market, it was impossible to rely on import substitution to promote economic independence and development. Instead, the city-state chose the unconventional route of attracting investments from foreign multinational corporations.

    Topics: Others

  • EmTech Asia Announces 2018’s Innovators Under 35

    MIT Technology Review has announced the top ten young innovators under the age of 35 in Asia. Each year, ten innovators less than 35 years of age are given tribute annually at MIT Technology Review’s EmTech Asia conference. The list recognizes the development of new technology or the creative application of existing technologies to solve global problems in industries such as biomedicine, computing, communications, energy, materials, web and transportation.

    “We are thrilled to be supporting IU35 for the second consecutive year. At SGInnovate, we strongly believe that ‘deep-tech’ startups will be critical players in tackling global challenges in new ways. We want to encourage and help these amazing men and women to have the courage and confidence to bring their research work to the market—where millions of lives could potentially be transformed,” said Dr. Steve Leonard, founding chief executive officer of SGInnovate

    Topics: Others

  • SGInnovate to renovate BASH at Block 79, invest in 20 startups next year

    SGInnovate says it would be renovating the 25,000 sf co-working space BASH at Block 79 to be more aligned with its three new focus areas. SGInnovate, which started in 2016, says it would intensify its focus on artificial intelligence (AI), blockchain, and medical technology — areas identified by the government-backed private enterprise to have a major impact on most industries. There will be more private rooms in the new BASH as some AI-based startups may be dealing with confidential data.

    Topics: Investments, Others