Singapore's startup environment is a major hub for financial technology and artificial intelligence companies. The city-state hosts a variety of businesses from early stage to large organizations.
Companies like Airwallex and MiniMax have each secured $1.2 billion in funding. Others, such as insurtech firm bolttech, have also raised significant capital with over $690 million.
Below is our list of 100 Singapore startups worth keeping an eye on.
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Get the Sheet for $50Bitget runs a crypto derivatives exchange platform that delivers comprehensive and secure trading solutions. Their exchange supports a wide array of digital assets and advanced features for traders around the world.
| Headquarters | Singapore, Central Region, Singapore |
| Year Founded | 2018 |
| Founders | Gracy Chen |
| Funding Amount | $20M |
| Startup Size | Major Organization (1,001-5,000) |
| Last Funding Status | Venture Round |
| Top Investors | Dragonfly, 8 Decimal Capital, MX Capital, Transferance Fund, CoinNess |
Thunes operates a global payments network that allows businesses to send and receive money across the world. Their infrastructure simplifies cross-border transactions by giving companies access to numerous payment systems through a single connection.
| Headquarters | Singapore, Central Region, Singapore |
| Year Founded | 2016 |
| Founders | Eric Barbier, Peter Caluwe |
| Funding Amount | $352M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Series D |
| Top Investors | Insight Partners, Bessemer Venture Partners, Checkout.com, Endeavor Catalyst, Vitruvian Partners |
Nansen builds a blockchain analytics platform that turns raw on-chain data into actionable insights for crypto investors. Their tools are known for surfacing market signals by analyzing millions of labeled crypto wallets.
| Headquarters | Singapore, Central Region, Singapore |
| Year Founded | 2020 |
| Founders | Alex Svanevik, Evgeny Medvedev, Lars Bakke Krogvig |
| Funding Amount | $88.2M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series B |
| Top Investors | Andreessen Horowitz, Accel, Volt Capital, Tiger Global Management, Coinbase Ventures |
Bolttech operates a technology-enabled ecosystem designed to connect businesses and consumers with insurance and protection products. This platform functions as an insurance exchange, enabling partners to embed protection plans directly into their customer journeys.
| Headquarters | Singapore, Central Region, Singapore |
| Year Founded | 2020 |
| Founders | Richard Li |
| Funding Amount | $690.2M |
| Startup Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series C |
| Top Investors | Activant Capital, LeapFrog Investments, MetLife, Khazanah Nasional, Baillie Gifford |
Airwallex provides a global financial platform for modern businesses to manage everything from payments to expenses. They specialize in simplifying cross-border transactions, helping companies grow internationally without the complexity of high foreign exchange fees.
| Headquarters | Singapore, Central Region, Singapore |
| Year Founded | 2015 |
| Founders | Jack Zhang, Jacob Dai, Ki-Lok Wong, Lucy Yueting Liu, Max Li |
| Funding Amount | $1.2B |
| Startup Size | Major Organization (1,001-5,000) |
| Last Funding Status | Secondary Market |
| Top Investors | HSG, Sequoia Capital, Blackbird Ventures, Salesforce Ventures, Hillhouse Investment |
Nium provides the payment infrastructure for global money movement, from payouts to card issuing. Businesses use their platform to send and receive funds across borders and launch their own card programs.
| Headquarters | Singapore, Central Region, Singapore |
| Year Founded | 2014 |
| Founders | Michael Bermingham, Prajit Nanu, Pratik Gandhi |
| Funding Amount | $338M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Series E |
| Top Investors | Temasek Holdings, Tribe Capital, Ripple, Riverwood Capital, Vertex Ventures |
Aspire provides an all-in-one finance operating system for growing businesses, primarily in Southeast Asia. Their platform helps companies manage everything from corporate cards and expense reports to payments and credit lines.
| Headquarters | Singapore, Central Region, Singapore |
| Year Founded | 2018 |
| Founders | Andrea Baronchelli, Giacomo Ficari, Giovanni Casinelli, Joel Leong, Stefan Hadjidetschev, Stefano Pellegrino, Thibaud Chommeloux |
| Funding Amount | $299.5M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Series C |
| Top Investors | Peak XV Partners, Lightspeed Venture Partners, B Capital, Y Combinator, VentureSouq |
MiniMax builds general artificial intelligence models that can understand and create content across text, audio, and visual formats. The team makes its technology available through an enterprise API platform and consumer applications, including the AI companion Glow.
| Headquarters | Singapore, Central Region, Singapore |
| Year Founded | 2021 |
| Founders | Junjie Yan |
| Funding Amount | $1.2B |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | HSG, Alibaba Group, Tencent, IDG Capital, Gaorong Capital |
GRVT builds an institutional-grade crypto derivatives platform that combines the speed of a centralized exchange with the security of self-custody. Their hybrid model allows professional traders to execute complex transactions without relinquishing control over their digital assets.
| Headquarters | Singapore, Central Region, Singapore |
| Year Founded | 2022 |
| Founders | Aaron Ong, Hong Gyu Yea, Matthew Quek |
| Funding Amount | $33.3M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Series A |
| Top Investors | 500 Global, Hack VC, EigenLabs, Further Ventures, ZKsync |
Manus AI is building a versatile AI agent to serve as a second brain for productivity and research. Their platform helps users by summarizing content from documents and videos, enabling chat with a personal knowledge base, and automating custom workflows.
| Headquarters | Singapore, Central Region, Singapore |
| Year Founded | 2023 |
| Founders | — |
| Funding Amount | $85M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series B |
| Top Investors | HSG, Benchmark, Tencent, ZhenFund |
90 Additional Singapore Startups Worth Following
Those ten companies are just a small part of a much bigger story happening in Singapore. Founders are building in everything from AI to fintech, and together have raised billions of dollars.
Some are just getting started while others are already growing quickly. Here is a look at the other startups shaping Singapore's startup ecosystem.