SEEDS Capital launches call-for-partnership to catalyse investments into urban solutions and long-term sustainability

Singapore 8 December 2020 – SEEDS Capital, the investment arm of Enterprise Singapore, is launching a call-for-partnership (CFP) for new private sector partners to co-invest in Singapore-based start-ups under the start-up SG equity scheme 1. SEEDS Capital aims to appoint between 10 to 15 partners and catalyse up to S$150 million of investments into early-stage, deep tech start-ups in the next five to eight years.

The CFP will focus on broadening, diversifying and refreshing SEEDS Capital’s current pool of 30 active co-investment partners in urban solutions and long-term sustainability, along with two other sectors—advanced manufacturing and engineering, as well as health and biomedical sciences. These three sectors are in line with Singapore’s Research, Innovation and Enterprise 2020 (RIE2020) Technology Domains, which aim to increase Singapore’s research capabilities, as well as to support economic growth in key focus areas that have emerged due to the COVID-19 situation.

Ted Tan, Chairman of SEEDS Capital and Enterprise Singapore’s Deputy Chief Executive Officer, said, “Our industries are pressing ahead with digitalisation and innovation efforts, not just to overcome the impacts of COVID-19, but also to pave the way for a new economy. Through the co-investments with these private sector partners, we hope to provide the appropriate guidance and resources that will enable deep tech start-ups to succeed in developing new and disruptive technologies that can help our enterprises emerge stronger.”

SEEDS Capital is seeking partners who can:

  • Identify and co-invest in Singapore-based, early-stage deep tech start-ups in the three sectors; and
  • Provide hands-on assistance in helping these early-stage deep tech start-ups fast-track commercialisation and connect them to potential clients globally.

The call for partnership was opened on 7 December 2020 and will close on 17 January 2021. All interested parties may submit their proposals to

– Construction+ Online