Startup SG Equity

SEEDS Capital selects seven partners to co-invest in Agrifood tech startups

SEEDS Capital (SC), the investment arm of Enterprise Singapore, just concluded its most recent call-for-partnership, appointing seven co-investment partners in the Agrifood tech space.

As part of Enterprise Singapore’s vision to develop the Singapore Food Manufacturing sector into a leading food and nutrition hub in Asia by 2025, it has partnered SEEDS Capital to grow more tech startups in the area of Agrifood tech.

Please see the media release for the announcement.

As part of the Startup SG Equity scheme, the government will co-invest with independent, qualified 3rd party investors into eligible startups. This scheme aims to stimulate private-sector investments into innovative, Singapore-based technology startups with intellectual property and global market potential.

SEEDS Capital Pte Ltd (SC) and SGInnovate have been appointed to manage the funds under Startup SG Equity.

Startup SG Equity has different investment parameters for general tech and deep tech startups:

Investment Parameters
  General tech Deep tech
Investment Cap for each startup $2M $4M
Co-investment ratio 7:3 up to $250K,

1:1 thereafter up to $2M
(only for SC’s investments)

7:3 up to $500K,

1:1 thereafter up to $4M
(only for SC’s investments)

Last updated: 04 Apr 2019