Singapore: A*STAR arm partners investors to raise $62m, back deep tech startups

Singapore city-scape. Photo: Pixabay

A*ccelerate, the commercialisation arm of Singapore’s Agency for Science, Technology and Research (A*STAR), is forging partnerships with investors such as Startup-O, Hafnium Hafaway, Trendlines and Dymon Asia Ventures, among others, to raise total commitments of S$85 million ($62 million) as part of its venture co-creation initiative.

According to the Agency for Science, Technology and Research (A*STAR), the commitment aims to create technology startups in areas like Internet of Things (IoT), artificial intelligence and specialty chemicals.

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