venture capital

The country raised US$4.6b ($6.1b) in funding this year.

In 2022, venture capital funding in the city-state fell further to US$10.99b.

In the fourth quarter of 2022, VC investment dropped to $22.6b.

And SG, US affirm American presence in Southeast Asia as “vital.”

The new partner VCs are bringing in $30m of potential funding in the programme.

Its startups may now receive up to US$250,000 investment.