
Singapore
Singapore #18
"Singapore’s start-up ecosystem is home to regional unicorns, top talent, and sophisticated investors. It is the ideal base to address Southeast Asia’s trillion-dollar digital commerce and climate-tech opportunities."



Highlights
With its rising middle class, pro-business environment, and booming internet economy, Singapore is an attractive hub for startups. Department of Statistics and Enterprise Singapore data shows that there are close to 4,000 startups in Singapore, over 220 VCs, and over 200 accelerators. Singapore minted 11 new unicorns in 2021, and many global corporations have set up innovation centers here in recent years.
In 2021, 52% of equity funding generated in Southeast Asia was from Singapore, according to Enterprise Singapore. Investors are attracted to Singapore’s position as an entry to Southeast Asia and to Singapore’s high-quality startups. Enterprise Singapore provides support programs under Startup SG and Enterprise Singapore ’s investment arm, SEEDS Capital, has co-invested in 160 Singapore-based startups.
Ecosystem by the Numbers
Amount ($)
Count (#)
Exits
Sub-Sector Strengths
AI, Big Data & Analytics
Life Sciences
Agtech & New Food
Reasons to Move Your Startup to Singapore
Government Support
Talent Development & Attraction
Selected Startup Organizations
Startup Genome Members
Key Ecosystem Players
Startup Genome
Partners
News from the Ecosystem

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