Startup investment exceeds US$6bil in Singapore in 2023


SINGAPORE: The total startup investment in Singapore reached US$6.1 billion across 522 deals in 2023, making it the top startup investment destination in South-East Asia, reported Xinhua quoting the latest report issued by government agency Enterprise Singapore.

The share of early-stage funding accounted for 94 per cent of the deal volume and nearly half of the total deal value last year, up from 90 per cent and 44 per cent in 2022, respectively, according to the report issued on Wednesday (April 3).

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Singapore , startup , investment 2023 , cindy ngiam

Next In Aseanplus News

Motor racing-Antonelli takes sensational home Italian GP win from back of grid
Malaysia secures AFC U-20 Asian Cup berth
Three police reports lodged over Abdul Hadi's US claim
Top Entertainment stories of the week: Louis sued for RM76.8mil; Yasin discharged from Hospital Bahagia; Jay splurges on 2 new homes
Top British-Nigerian influencer dies in Bangkok after genital enlargement injections
Asean News Headlines at 10pm on Sunday (Sept 6, 2026)
'Truly scared': Blazes outpace firefighters in Indonesian Borneo
Nepali rescuers buoyed by miracle finds but tough conditions persist
Myanmar President concludes official visit to Vietnam
Chinese actress Jing Tian visits spa amid $4.2M dowry lawsuit by crypto billionaire Justin Sun

Others Also Read