Our Co-Investment Model

SEEDS co-invests in Singapore-based deep tech startups alongside private sector co-investment partner. Find out about investment caps and co-investment ratios under the Startup SG Equity scheme.

Last updated 2 July 2026

Enabling the growth of deep tech startups through co-investments

Deep-tech startups possess unique and innovative solutions with the potential to transform industries and solve the most challenging problems we face today.

However, these technologies tend to be underinvested. Investments into deep-tech startups are generally perceived as risky as these frontier technologies have longer gestation period.

Our co-investment scheme is designed to address these risks by providing support to our co-investors, thereby encouraging more private sector investments into these nascent areas, and enabling the growth of deep tech in Singapore.

Fund Manager of Startup SG Equity

SEEDS is one of the appointed fund managers for the Startup SG Equity (SSGE) scheme.

Our investment parameters are:

Investment parameters

	General tech	Deep tech*
Investment cap for each startup	S$2 million from SEEDS	S$12 million from SEEDS
Co-investment ratio (SEEDS Capital: co-investor)	7:3 up to the first S$250,000 from SEEDS ; 1:1 thereafter, up to S$2 million	2:1 up to the first S$1 million (for 1st institutional round of financing, otherwise 1:1) from SEEDS ; 1:1 thereafter, up to S$4 million; 1:2 thereafter, up to S$8 million, 1:3 thereafter, up to S$12m

*General traits exhibited by a deep technology start up include, but are not limited to:
a. Product is built around differentiated, and often protected technological or scientific advances;
b. High barrier to entry;
c. Long commercialisation period (typically more than 3 years)