Equity funding Singapore Q1 2020-Q3 2021, by deals and value
Startups funding in SingaporeThe average deal value of startup investments in Singapore increased across all investment stages between 2020 and 2021. Series E funding reached 316.5 million U.S. dollars in the first nine months of 2021. Over this period, Singapore generated about half of the total equity funding in Southeast Asia. In 2021, the leading tech startups included Ninja Van, Emeritus, and Advance Intelligence Group. Among the leading investors were Accel, Alibaba, and SoftBank Vision Fund 2.
In recent years, fintech has been a rapidly growing sector in the Singapore startup scene. Among the fintech investments, DeFi companies had the highest number of deals, and e-payment companies had the highest funding value. Cake DeFi and Nium are among the leading startups in these sectors.