Who are the movers and shakers in Singapore’s tech scene? One way to judge – although imperfect – would be the amount of money they have raised. Using Tech in Asia’s data, we’ve generated this constantly updated list of 50 startups and tech companies in Singapore who have raised the most money from investors.
To keep the list fresh, we’ve only included funding data from the past two years.
Seeking more? Search the most comprehensive database of tech companies in Asia or read our Research methodology.
1. Grab
Singapore
Transportation
US$3.4B
Grab is SEA’s ride-hailing and digital payments platform that offers a wide range of services through one mobile app.
2. Lazada
Singapore
Marketplaces (general)
US$3B
Lazada is an online shopping and selling site present in Southeast Asia offering a wide range of products from beauty, fashion, consumer electronics to household goods, toys, sports equipment, and groceries.
3. Sea Group
Singapore
Internet Technology, Games
US$2B
Sea is an internet platform company focused on Greater Southeast Asia, a region that includes Indonesia, Taiwan, Vietnam, Thailand, the Philippines, Malaysia, and Singapore.
4. AirTrunk
Singapore
Telecommunications
US$928M
AirTrunk develops and operates large-scale data centres that lead the Asia Pacific market with proven reliability, technology innovation, and energy efficiency.
5. Bigo
Singapore
Broadcasting, Digital Media
US$272M
BIGO LIVE is an innovative live broadcasting application that will allow real-time engagement between people worldwide.
6. ONE Championship
Singapore
Broadcasting
US$266M
ONE Championship is a sports media company specializing in Asia’s martial arts scene.
7. Trax Image Recognition
Singapore
Image Recognition
US$208.5M
Trax Image Recognition is an Image recognition technology that turns everyday mobile images into real-time actionable insights.
8. PropertyGuru
Singapore
Marketplaces (Property)
US$145M
PropertyGuru is an online property portal that helps property seekers to find their dream home.
9. MyRepublic
Singapore
Internet Service Providers
US$112M
MyRepublic is a telecommunication company powered by a proprietary cloud platform.
10. Ninja Logistics (Ninja Van)
Singapore
Postal & Courier Services, Logistics
US$87M
Ninja Van provides businesses with innovative technology-based solutions to optimise their logistics and achieve their business needs.
11. The Carousell
Singapore
Marketplaces (general)
US$85M
Carousell is a mobile classifieds app that eases the way to buy and sell with anyone.
12. Singapore Life (Singlife)
Singapore
Insurance tech
US$83M
Singapore Life is a life insurance company fully licensed by the Monetary Authority of Singapore - built on the belief that the world needs a better life insurer which uses technology to provide a better insurance experience.
13. Tessa Therapeutics
Singapore
Bio-Pharm
US$80M
Tessa Therapeutics is a clinical-stage biopharmaceutical company focused on the development and commercialization of cancer immunotherapies.
14. TenX
Singapore
Financial exchanges
US$80M
TenX makes cryptocurrencies spendable in real life by offering multiple cryptocurrencies to be spent through a debit card to use anytime anywhere.
15. Sunseap
Singapore
Clean Energy
US$79.8M
Sunseap is a clean energy solutions provider in Singapore, with regional operations in South East Asia Pacific.
16. ASTROSCALE
Singapore
Environmental Innovation
US$74M
ASTROSCALE is a Singapore-based satellite services company with the objective of developing innovative solutions against the growing number of space debris.
17. Carro
Singapore
Marketplaces (automobiles)
US$72M
Carro is an internet-based all-in-one automotive marketplace that eases the formalities of buying and selling automobiles to create an innovative experience.
18. Zilingo
Singapore
Marketplaces
US$71M
Zilingo is the hottest fashion and lifestyle marketplace in Singapore, Thailand and Indonesia.
19. Deskera Singapore Pte Ltd
Singapore
Enterprise Resource Planning
US$60M
Deskera is a market leader in smart cloud business management solutions trusted by 100,000+ users worldwide, and we help organizations accelerate business growth by streamlining their operations, increase productivity, cash flow, and giving them the ability to respond to business needs quickly and on-the-go.
20. ODX
Singapore
Internet Service Providers
US$60M
ODX is a marketplace where publishers and internet service providers can deliver free internet access to consumers cost effectively.
21. Mobile Credit Payment (MC Payment)
Singapore
Payments and remittance
US$59M
MC Payment is both a payment technology and merchant service company who supports the end-to-end value-chain of commerce transaction, ranging from suppliers, merchants, to consumer payments.
22. KyberNetwork
Singapore
Financial exchanges
US$52M
KyberNetwork is a system which allows the exchange and conversion of digital assets by providing rich payment APIs and a new contract wallet that allow anyone to seamlessly receive payments from any token.
23. Qtum
Singapore
Enterprise Application
US$51M
Qtum provides a Turing-complete blockchain stack, able to execute smart contracts and decentralized applications, comparable to the Ethereum blockchain.
24. ADVANCE.AI
Singapore
Cyber Security
US$50M
ADVANCE.AI is a data-driven financial technology company.
25. oBike
Singapore
Transportation
US$45M
oBike is a bicycle sharing services platform, allowing everyone to take short trips within the city.
26. Ark Bio
Singapore
Medical
US$40M
Ark is a medical technology company that usess the power of microRNA and advanced data science to improve medical discovery and technology for early cancer detection.
27. aelf
Singapore
Cloud Infrastructure
US$40M
aelf is a decentralized cloud computing blockchain network.
28. Patsnap (智慧芽)
Singapore
SaaS
US$38M
Patsnap (智慧芽) is a global R&D intelligence and intellectual property management company.
29. Wanchain
Singapore
Financial exchanges
US$36M
Wanchain seeks to create a new distributed financial infrastructure, connecting different blockchain networks together to exchange value.
30. Moglix
Singapore
B2B ecommerce
US$35M
Moglix is an Asian-based B2B commerce company that deals in the procurement of industrial supplies.
31. Spiking (Aly)
Singapore
Investment tools and platforms
US$33.1M
Spiking specializes in real-time verified social trading for investors in the stock markets.
32. Barghest Building Performance (BBP)
Singapore
Energy Efficiency
US$33M
Barghest Building Performance (BBP) a Singapore provider of energy-saving solutions.
33. InstaReM
Singapore
Payments and remittance
US$33M
Instarem provides fast, safe and cost-effective cross-border money transfer services for Individuals and businesses.
34. JET8
Singapore
Internet Marketing
US$32.7M
JET8 is a tokenised peer-to-peer social engagement platform for brands, agencies, communities, and influencers. JET8 apps turn social media users into empowered creators and consumers, and allow brands and agencies to target, publish, and track the life of branded content.
35. Republic Protocol
Singapore
Financial exchanges
US$30.5M
Republic Protocol is an open-source decentralized dark pool exchange that facilitates cross-chain atomic trades on a hidden order book over the Ethereum and Bitcoin networks.
36. Zimplistic (Rotimatic)
Singapore
Consumer Electronics, Robotics
US$30M
Zimplistic is the company behind Rotimatic, a fully automated flatbread making kitchen robot that can prepare hot and delicious rotis in under a minute.
37. Cloud Alliance
Singapore
Development Platforms
US$30M
Cloud Alliance is a company that develops software systems for game developers.
38. Electrify
Singapore
Energy Efficiency
US$30M
Electrify is a blockchain-based retail electricity marketplace in Southeast Asia addressing the need for transparency and security in the consumption of energy.
39. tryb
Singapore
Investment tools and platforms
US$30M
tryb is a financial technology platform bringing global capital markets closer to underserved ASEAN consumers of capital by acquiring, developing, and operating financial infrastructure.
40. AnyMind Group (AdAsia)
Singapore
Artificial Intelligence
US$27.9M
AnyMind Group, previously known as AdAsia, is aiming to transform industries through easy-to-use, AI-based solutions.
41. CashShield
Singapore
Enterprise Security
US$25.5M
CashShield is an online fraud management solution that helps enterprises manage their risk from fraudulent payments and accounts.
42. ConneXionsAsia (CXA)
Singapore
Health & Insurance
US$25M
CXA unlocks wellness in the workplace without firms spending more, by converting existing insurance and healthcare dollars into prevention and disease management.
43. Funding Societies
Singapore
Lending, loans, and credit
US$25M
Funding Societies is an online lending marketplace for SMEs to secure loans, crowd-funded by retail individuals and institutions.
44. ShopBack
Singapore
Ecommerce aggregators
US$25M
ShopBack is a digital loyalty, cashback and discovery platform.
45. Bezant
Singapore
Payments and remittance
US$24.8M
Bezant is a decentralized payment protocol that provides fast, secure, and reliable payment solutions so that people from all over the world could access global digital contents without borders with the Jehmi Platform.
46. Enjin
Singapore
Gamification
US$23M
Enjin is a gaming CMS platform which also has Enjin Coin (ENJ), a customizable cryptocurrency and virtual goods platform for gaming.
47. Ocean Protocol
Singapore
Data Science
US$22.1M
Ocean Protocol is a decentralized data exchange protocol to unlock data for AI.
48. Zilliqa
Singapore
Cloud Infrastructure
US$22M
Zilliqa is a public blockchain platform designed to scale to thousands of transactions per second.
49. Bluzelle
Singapore
Cloud Infrastructure
US$22M
Bluzelle is a decentralized, on-demand, scalable database service. Bluzelle solves the current data storage problems by using blockchain technologies to offer a more secure and reliable solution. Bluzelle turns underused computer resources from around the world into storage providers for it’s network and compensates them with its own cryptocurrency.
50. X Infinity
Singapore
Cryptocurrency
US$20.5M
X Infinity offers a unified cryptocurrency wallet that allows consumers and merchants to transact easily using any blockchain asset as currency.
