Singapore: ST Engineering launches $150m corporate venture capital unit

Singapore: ST Engineering launches $150m corporate venture capital unit

Bionix AFV manufactured by ST Kinetics, a unit of ST Engineering.

ST Engineering – an integrated defence and engineering group specialising in the aerospace, electronics, land systems and marine sectors – has launched a corporate venture capital unit with a corpus of $150 million to invest in promising technology startups and early-stage ventures. It has also launched an open innovation lab called Innosparks.

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