SG Digest: Anthill Ventures backs startup scheme; Agri-food innovation park on cards

Singapore. Photo by cegoh/pixabay

Anthill Ventures is partnering Enterprise Singapore to invest in healthtech, mediatech and urbantech startups based in the city-state while Singapore plans to open an agri-food innovation park.

Anthill Ventures partners Enterprise Singapore 

India-based venture capital firm Anthill Ventures is partnering Enterprise Singapore to invest in healthtech, mediatech and urbantech startups based in the city-state.

According to a statement, this partnership will be under Enterprise Singapore’s six-month-long Start SG Accelerator Programme, which will target nine startups looking to scale in India and Southeast Asia.

Eligible startups may receive up to $1 million in funding, digital infrastructure support of up to $500,000 and raise capital of up to $20 million from Anthill’s co-investment syndication platform.

Anthill is also launching a separate “Speed Scaling Programme” to mentor and nurture deep tech startups seeking to enter India and Southeast Asia.

These deep tech startups will be mentored on business model refinement, pricing, go-to-market and sales distribution strategies.

Singapore to open agri-food innovation park in 2021

Singapore plans to open an agri-food innovation park in Sungei Kadut to strengthen its leadership in urban agriculture and aqua-technology.

According to a Straits Times report, the Singapore government will work with local and overseas industry players to build the first phase of the facility. The site will cover 18 hectares, comprising high-tech farming and R&D facilities, indoor plant factories, insect farms and animal feed production facilities. The facility will be ready in phases beginning in Q2 2021.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.