Startup funding in Singapore grew 45% annually to reach S$14.7b in 2021: EnterpriseSG

Startup funding in Singapore grew 45% annually to reach S$14.7b in 2021: EnterpriseSG

Merlion, Singapore. Photo by Jisun Han on Unsplash.

Investments in Singapore-based startups reached S$14.7 billion ($10.3 billion) in 2021 with funding growing at 45% per annum between 2017 and 2021, according to data from Enterprise Singapore (EnterpriseSG).