SINGAPORE - Investments in start-ups have grown exponentially, with ventures in Singapore raising more than $14.7 billion in 2021.
It comes amid data which shows a significant increase in funding activities over the last five years as the Republic's innovation and start-up ecosystem continues to grow.
Enterprise Singapore (EnterpriseSG) on Wednesday said investments in start-ups grew by more than 45 per cent per annum between 2017 and 2021, with venture funding within the first half of 2022 alone reaching $8.18 billion.
Image: Data shows significant increase in funding activities over the last five years as Singapore's innovation and start-up ecosystem continues to grow. ST PHOTO: KUA CHEE SIONG
