Uncovering the rise and challenges faced by deep tech startups in Singapore

Quick Summary:

The term deep tech was coined by Swati Chaturvedi, CEO of Silicon Valley-based investment firm Propel(x), to differentiate tech startups built on commonly available technologies and tech companies that engage in long-term scientific and technological research and development (R&D) for the next level of innovations.

Although deep tech remains a nascent sector within Singaporean startups, the government has made no secret of its desire to grow this vertical.

The dearth of private investors in deep tech startups has forced the Singapore government to take matters into its own hands and step in.

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Article Details

Author / Journalist: Tun Yong Yap

Category: StartupsTechnology

Markets: Singapore

Topics: Resource Startups SGInnovate Accredify Propel(x)

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-16 @ 05:30:57 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: e27.co

Language: English

Article Length: 1152 words

Reading Time: 7 minutes read

Sentences: 1 lines

Sentence Length: 1152 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © e27

News ID: 21646902

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About e27

Main Topics: StartupsTechnology

Official Website: e27.co

Update Frequency: 11 posts per day

Year Established: 2006

Headquarters: Singapore

News Last Updated: 16 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #10

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