EDBI Pte Ltd

📹 We’re back with another Portfolio Spotlight, this time on AlphaSense— a cutting-edge #marketintelligence and #searchplatform powered by #AI. With just a few clicks, AlphaSense delivers valuable insights from a trusted universe of public and private content. 🇸🇬 Despite being in Singapore for less than a year, AlphaSense has already grown to a team of over 50 full-time employees 🚀 We had the pleasure of sitting down with Mark Leadercramer, APAC's Regional Director, to discuss the opportunities in the region and the unique solutions AlphaSense offers. This video is part of the ‘Portfolio Spotlight’ series, highlighting #EDBI portfolio companies and their innovative journeys as they drive growth from #Singapore. 🔗: https://lnkd.in/gD3hgWKJ

Big news for Singapore’s startup ecosystem – marking a great start to the Singapore Week of Innovation and Technology (SWITCH) 2024! Here are three initiatives that aim to catalyse the development of new and transformative solutions and elevate Singapore’s startup ecosystem, announced by Deputy Prime Minister Heng Swee Keat. 1️⃣ A top-up of S$440m to the Startup SG Equity scheme, where the government co-invests with the private sector in innovative Singapore-based deep tech startups that have strong potential to scale globally. This enhancement will allow Singapore to attract and partner with an expanded pool of global, prominent VC firms to invest in such startups. There will be an added focus on startups pioneering innovations in areas like Biotech, as well as emerging technologies like Quantum Tech and Space Tech. 2️⃣ An increase in the co-investment cap from S$8m to S$12m for each startup. High-potential deep tech startups can access additional support in early stages of developments and be better positioned to scale your solutions. 3️⃣ “Stage One” – A new one-stop platform to connect local and global tech startups under one roof to foster collaborations. Led by Enterprise Singapore and EDB, with ACE.SG (Action Community for Entrepreneurship) as the appointed operator, it will focus on driving capabilities building for business growth and provide opportunities for market access and internationalisation. Read more about the initiatives here: https://lnkd.in/guU77ttz #SWITCHSG

🤩 Last Friday, Ling Kai Terence Teo from our Emerging Technology team took the stage at the Advisory Board Centre’s MegaTrends Summit: “Funding the Future” with distinguished speakers Dr Sian Wee Tan, Ph.D. and Dr. Maren Celine Schweizer. Terence emphasised the need to bridge the gap between technology and business, and highlighted the importance of a global mindset for Singaporean deep-tech companies from day one, given our market size. He also delved into the nation's strategic focus on AI and quantum technologies, reinforcing EDBI’s commitment to driving innovation and scalable success. While significant progress has been made, there’s still much work to be done to propel Singapore's deep-tech sector to new heights. We look forward to collaborating with experienced leaders to nurture our community of innovators and inventors! 🚀 #singapore #deeptech #innovation #fundingthefuture

At IMDA’s Digital Transformation Industry Day 🤖 last Friday, we joined a panel of business leaders to explore how SMEs are using technology to innovate their business strategies. Alongside other speakers - Rithesh Shetty from Boston Consulting Group (BCG), Ken Lim from Exceltec Property Management Pte Ltd, and Daniel Wong from Bee Cheng Hiang, Serene Keng shared the essence of PPT (people, process and technology) in enterprise digital transformation journeys and gave examples of how our portfolio companies such as DataRobot, Doctor Anywhere, AlphaSense and ShopBack leverage technology to enhance their market position and operational efficiency. The discussion also touched on the challenges of aligning technology with business objectives and the importance of strong digital leadership for sustainable growth. Thanks IMDA for the invitation! ✨

We're excited to welcome Sunbird Bio to our portfolio! Their innovative platform provides accessible, cost-effective tests for detecting brain protein aggregates, enabling earlier and more accurate diagnoses and treatments for neurological disorders. We look forward to supporting their growth in Singapore’s thriving life sciences community 🔬 🌐 Learn more: https://lnkd.in/dF3yj76G  🔗 Press Release: https://lnkd.in/gefucJaN John McDonough

Last week, we hosted our inaugural Happy Hour networking event in Singapore for the financial services community! We were joined by Charmaine Kng, Chung Hang TANG and Serene Keng from EDBI Pte Ltd who shared insights on why EDBI chose to invest in AlphaSense and and how the platform has significantly enhanced their research process, improving overall efficiency. If you're interested in discovering how to make better and faster data-driven decisions, sign up for your free trial today: https://lnkd.in/eE69cq65

🚀 Announcing the NextGen Tech 30: ASEAN’s Top Growth-Stage Companies! 🚀 We are thrilled to unveil the inaugural NextGen Tech 30 list, celebrating 30 of Southeast Asia’s most promising growth-stage companies driving innovation and economic transformation across the region. 🌏✨ Key Highlights: 💼 Average Growth Rate: Exceeding 40%, showcasing rapid expansion and significant global impact. 🌐 International Presence: Half of the honorees generate revenue outside ASEAN, demonstrating their strong global competitiveness. 🌱 Sustainability Leaders: Nearly 20% of the NextGen Tech 30 are pioneering innovative solutions in sustainability, clean energy, and environmental impact. Here's the full list: Advance Intelligence Group Aspire bolttech Chickin Indonesia Chye Thiam Maintenance Pte Ltd Circles Coda Payments Durapower Holdings Pte Ltd Endowus Ensign InfoSecurity Fano (Fano Labs) Funding Societies | Modalku Group GeekPlus Gradiant igloo Multiplier Patsnap TiDB, powered by PingCAP Pixocial, Human-First AI PREP Privy SCI Group ShopBack Sleek Swap Energi Thunes Toku Univers Waresix WIZ.AI Congratulations to all the honorees! 🎉👏 Let’s continue to drive growth, innovation, and sustainability across Southeast Asia. A heartfelt thank you to our incredible partners—65 Equity Partners DBS Bank, EDBI Pte Ltd, IMDA, KKR, Northstar Group, Singapore Business Federation, and SGX Group—for their unwavering support in making this initiative a reality. 🙏 🔗 Learn more about the NextGen Tech 30: nextgen.graniteasia.com #NextGenTech30 #ASEAN #GrowthStage #Innovation #Sustainability #GraniteAsia #TechUnicorns #EconomicTransformation

Asset managers, portfolio managers, principals, and investors are all looking for ways to get to insights faster in order to unlock investment opportunities and create alpha. Join us to hear from Charmaine Kng, Partner and Co-Head of ICT Investments at EDBI Pte Ltd, one of AlphaSense's key investors in the region, on how Financial Services businesses can leverage AlphaSense and AI to address the needs and challenges of the industry. Join us in Singapore for a night of networking, drinks, and a chance to win some fantastic prizes in our raffle. Don't miss out - RSVP by 30 Sep to secure your spot! ⬇ https://lnkd.in/ezAeYqs6

Throwback to TechLaw.Fest 2024 last week, where DataRobot signed an MOU with Rajah & Tann Technologies (Tech Arm of a Big 4 Law Firm) to jointly advance the development of Singapore’s trusted AI ecosystem 🇸🇬. Our mission: Work together to help clients implement AI Verify Foundation’s model AI Governance framework, enable the #ProjectMoonshot LLM test toolkit & assets, and adopt AI with a solid risk management foundation. Read more: https://lnkd.in/gzWurgPA Very excited for this partnership! Thank you EDBI Pte Ltd (Serene Keng, Amanda Kwek) for introducing us to Rajesh Sreenivasan Raymond Lum Michael Lees Joanne Seah (CRMA, CIA, CERM) Maji (Si Hui) Aw. IMDA Chen Hui Ong Janet Chiew Thomas Tay Shameek Kundu

Our Principal from the Emerging Technology team, Harold Au, recently had the opportunity to speak with NTU students at the invitation of Cyril Ebersweiler, General Partner at SOSV and a valued member of our VC network. Harold shared his journey in #venturecapital and highlighted EDBI’s role in supporting high-growth technology sectors that are driving Singapore’s future economic growth. A big thanks to Cyril for his continued contributions to Singapore's #Deeptech ecosystem, from mentoring young innovators to driving initiatives that strengthen the community. Partnerships like these are essential for driving growth and pushing the boundaries of what's possible in our local ecosystem! 🚀