The Straits Times
As part of efforts to sustain this growth momentum and support more quality start-ups, ESG’s investment arm Seeds Capital will be appointing 13 new venture capital (VC) firms as co-investment partners under the Startup SG Equity scheme.
In a separate statement, Seeds Capital chairman and ESG deputy chief executive Ted Tan said: “Catalysing more VC investments in this current environment where investors tend to be more cautious is significant.
“Seeds Capital can now offer deep tech start-ups, which have innovative and scalable solutions, with the opportunity to be mentored by our new partners who bring with them extensive market connections and a wealth of sector-specific domain knowledge to increase their chances of success.”
Among the new co-investment partners are innovation platform Plug and Play, VC fund Quest Ventures and family office Schweizer World Group.
Besides funding, these partners will also provide mentorship and help start-ups in their commercialisation efforts.
