Singapore, a vibrant commercial hub ranked the most innovative city in Asia by Bloomberg and Insead, is a natural magnet for entrepreneurial talent and is now home to over 3,800 tech-enabled startups. The government has continually supported this growing ecosystem with programs and funding, especially for nascent deep tech sectors. The Singaporean government works closely with ecosystem players including universities, 190 accelerators/incubators and over 200 investors to provide all-rounded support including financing, mentorship and talent. With Singapore’s strong foundation in science and technology, the Government has doubled its efforts to support deep tech startups in Singapore, including additional S$300mil to catalyse investments and increased its co-investment ceiling to S$4million for early stage deep tech startups. To actively facilitate international connections, the Open Innovation Network was launched to facilitate the co-development of innovative solutions between the startup community and the wider innovation ecosystem while the Global Innovation Alliance supports business internationalisation. Such efforts have propelled several startups to attain unicorn status. Notable unicorns include Carro and Patsnap, who secured US$360 million in June 2021 and US$300 million in March 2021 respectively.