EDBI, Seeds Capital launches $205m fund for Singapore startups

Singapore

Singapore government-linked EDBI and Seeds Capital announced a S$285 million (US$205 million) fund to support startups in the city-state and help them sustain their growth amid the Covid-19 pandemic. With the Special Situation Fund for Startups (SSFS), EDBI and Seeds Capital will invest in selected startups with private sector co-investors on a one-to-one basis, according to a statement. EDBI is…