Image credit: Image 8.
ST Engineering Ventures, the new venture capital arm of ST Engineering, has found its top executive.
It is Alex Lin, who had earlier this month left SGInnovate, a government organization that promotes tech entrepreneurship. Lin was the head of ecosystem development at the entity. He revealed his new role on LinkedIn.
Prior to SGInnovate, he headed Infocomm Investments, a government-linked VC firm.
ST Engineering is Singapore’s public-listed defense and engineering group with a market cap of US$8.14 billion.
ST Engineering has committed US$150 million to its VC arm, which will invest in robotics, data analytics, and cyber security startups. It will set up offices in Singapore, Israel, and the US.
Editing by Michael Tegos
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