Singapore ecosystem sees overall decline in output of new emerging tech startups in 2023 even as funding grows year-on-year

The Agrifood and Sustainability domains led the way in funding activity, with a 63% and 33% increase in number of deals closed respectively

23 Apr 2024, SINGAPORE – Following more muted funding conditions in 2022, investments into Singapore’s early-stage emerging tech startups have risen to pre-2021 levels, led by growth in the Agrifood and Sustainability sectors.