incubator

The VC firm has supported 25 startups since its expansion to the archipelago last year.

The nine chosen firms for the program’s first cohort come from the Web3, fintech, and SaaS sectors.

Each participant of the program will receive a minimum of US$150,000 in seed funding from the US-based asset manager.

The 150-square-meter plant that will be built in Singapore will be able to process approximately 150 tonnes of lithium batteries a year.

The four-month accelerator developed under Kominfo will be accepting entries until August 1, 2022.

The global incubator is raising its first seed fund to invest in early-stage startups.

SMU’s program wants to build stronger, more resilient entrepreneurs through the power of community.

Tech startups in Asia that are in their series A funding stages or earlier are invited to apply.

Selected startups will participate in workshops, receive mentoring, and get access to an investor network, among others.

Following the spinoff, Stemly will be an independent entity and will work with ING’s global network.