SPRING Singapore

SPRING Singapore is a government agency established in 1996 under the Ministry of Trade and Industry, dedicated to supporting the growth of enterprises in Singapore. It collaborates with various partners to enhance financing options, develop management capabilities, and promote technology and innovation within businesses. As the national standards and accreditation body, SPRING Singapore also focuses on developing and promoting a recognized standards and quality assurance infrastructure. This initiative is designed to build trust in Singaporean enterprises, products, and services, ultimately enhancing their competitiveness in the global market and facilitating international trade.

Ted Tan Teck Koon

Deputy Chief Executive

19 past transactions

Animoca Brands

Venture Round in 2022
Animoca Brands, established in 2019 and headquartered in the Cayman Islands, is a venture capital firm focused on the technology sector. It invests in and supports creators who leverage web3 and blockchain technologies to drive digital property rights to gamers and internet users through non-fungible tokens (NFTs). The company develops and markets a portfolio of mobile applications, games, and educational products, utilizing gamification and blockchain to ensure transparency, security, and innovative business models.

CardUp

Seed Round in 2018
CardUp is a payment platform designed to streamline the process of making and receiving payments for individuals and businesses. It enables users to shift large expenses—such as rent, insurance premiums, payroll, and supplier invoices—onto credit cards, even for transactions typically requiring cash or bank transfers. By offering a no-code solution, CardUp simplifies cash flow management, automates payment processing, and allows users to earn rewards on their credit card transactions. The platform operates across Singapore, Hong Kong, and Malaysia and is licensed as a Major Payment Institution by the Monetary Authority of Singapore under the Payment Services Act. CardUp’s tools are aimed at enhancing efficiency and control over financial operations for its users.

Wootag

Seed Round in 2017
Wootag Pte. Ltd. is a Singapore-based company established in 2013 that specializes in video marketing services. It operates a software-as-a-service (SaaS) platform designed to enhance the video consumption experience through interactive content. This platform enables marketers to create videos that not only engage viewers but also provide real-time analytics on consumer interactions, thereby facilitating a deeper understanding of audience behavior. With over five million viewers globally engaging with Wootag's videos, the company empowers both individuals and businesses to promote their works and connect with audiences in innovative ways. By enabling features such as direct product purchases from videos and delivering informative content within the viewing experience, Wootag aims to transform traditional marketing strategies and enhance communication objectives for its clients.

Lumitics

Seed Round in 2017
Lumitics is a company that provides data analytics solutions to hotels and large commercial kitchens, focusing on reducing food waste, operational costs, and environmental impact. Through its innovative smart trashcan solution, Good for Food, Lumitics utilizes sensors and image recognition technology to measure and track food waste efficiently. This technology enables restaurants and commercial kitchens to identify the types and amounts of food being discarded, empowering them to implement strategies that minimize waste and enhance their financial performance. By leveraging data-driven insights, Lumitics supports the food service industry in achieving sustainability goals while improving overall efficiency.

Skayle

Series B in 2017
Skayle is a technology company focused on transforming the restaurant industry through its comprehensive, cloud-based digital marketing and customer engagement platforms. The company offers a range of solutions, including customer relationship management, marketing campaigns, and feedback management, tailored for standalone restaurants, enterprise brands, and mid-sized chains. With a mission to provide real-time access to the restaurant ecosystem, Skayle has developed a large data-enabled platform that connects restaurants and their partners globally. Established in 2011 and headquartered in Singapore, Skayle operates in multiple countries, including India, the Philippines, the UAE, the United Kingdom, and Malaysia, and has engaged over 25.3 million diners to date.

ZHIANT

Seed Round in 2017
ZHIANT offers smart and easy way for small-to-medium firms to scale resources on-demand. By employing the cutting-edge of modern technologies, we enable our customers to engage the ad-hoc support they need while driving costs down.

Kinexcs

Grant in 2017
Kinexcs is an AI-driven health platform and wearables company dedicated to enhancing mobility and improving quality of life for individuals with musculoskeletal conditions. The company addresses issues related to incomplete recovery and patient compliance by offering digital therapy solutions that are both affordable and convenient. Its flagship product, KIMIA, is the world's first continuous knee health monitor, which integrates with an AI-based digital therapist to provide real-time assessments and exercise guidance. Kinexcs collaborates with key opinion leaders and three major public hospitals in Singapore on various clinical projects and distributes its products through orthopedic surgeons and major implant manufacturers.

6Estates

Grant in 2015
6Estates specializes in AI-powered intelligent process automation for finance. They offer solutions like multilingual NLP, knowledge graphs, and MRC to automate processing of unstructured financial documents, enhancing efficiency and productivity.

Tookitaki

Seed Round in 2015
Tookitaki is a regulatory technology company that specializes in anti-money laundering (AML) and compliance solutions for financial institutions. By leveraging machine learning and artificial intelligence, Tookitaki aims to enhance the effectiveness and efficiency of financial crime detection and prevention. The company's platform integrates various components of anti-money laundering and anti-financial crime systems, fostering collaboration within the financial community. Through its innovative solutions, Tookitaki seeks to reduce false positives and streamline compliance processes, ultimately helping businesses navigate the complexities of regulatory requirements across different jurisdictions.

Apvera

Grant in 2014
Apvera is an information technology and services company based in Singapore, established in 2013. It specializes in cybersecurity, offering a software platform that empowers organizations to monitor their data flow effectively. The platform provides insights into behavioral threat anomalies, helping businesses detect, prevent, and predict potential security threats in real time. By utilizing advanced technologies such as machine learning, data analytics, and big data, Apvera consolidates and prioritizes identified threats, enabling organizations to make informed decisions on resource allocation and focus. The company's commitment to transforming cybersecurity practices positions it as a valuable partner for firms seeking to enhance their security protocols.

Fastacash

Series A in 2013
Fastacash is a digital financial platform that enables users to transfer various forms of value, such as money and airtime, alongside digital content like photos and messages through social networks and messaging applications. The company has created a patent-pending link generation technology that facilitates secure value transfers. By integrating multiple social channels through a single point of connection, utilizing APIs and SDKs, Fastacash allows individuals to conduct cost-effective transactions both domestically and internationally. This innovative approach enhances the user experience by combining payment transfers with the sharing of digital content, promoting seamless interactions in a secure environment.

Taggo

Series A in 2013
Taggo operates a social marketing platform tailored for local businesses. It facilitates in-store customer engagement, driving fan acquisition, loyalty, and word-of-mouth referrals through patented fan recognition technology. The platform enhances businesses' social presence by interacting with customers during their shopping or dining experience. Taggo generates revenue by offering sponsorship opportunities to banks, payment brands, and other advertisers seeking to reach local businesses and their customer base.

Epigami

Seed Round in 2013
Epigami Pte. Ltd. operates an online platform in Singapore that connects students with tutors, facilitating access to educational resources. Founded in 2013, the platform allows users to search for qualified tutors while also offering digital marketing services to promote tuition providers. Epigami aims to enhance knowledge delivery and foster the development of students through its innovative approach, reflecting its commitment to excellence and creativity. The company has secured funding from various sources, including venture capital funds and the Action Community for Entrepreneurship.

Digify

Seed Round in 2013
Digify offers a cloud-based document security service that enables businesses to protect and maintain control over confidential files. Its platform uses encryption, copy protection, watermarking, and digital rights management (DRM) technology to secure documents during sharing, ensuring intellectual property remains protected.

Skayle

Series A in 2012
Skayle is a technology company focused on transforming the restaurant industry through its comprehensive, cloud-based digital marketing and customer engagement platforms. The company offers a range of solutions, including customer relationship management, marketing campaigns, and feedback management, tailored for standalone restaurants, enterprise brands, and mid-sized chains. With a mission to provide real-time access to the restaurant ecosystem, Skayle has developed a large data-enabled platform that connects restaurants and their partners globally. Established in 2011 and headquartered in Singapore, Skayle operates in multiple countries, including India, the Philippines, the UAE, the United Kingdom, and Malaysia, and has engaged over 25.3 million diners to date.

Klinify

Grant in 2012
Klinify is a digital medical assistant focused on improving the management of patient data for private specialist clinics. The company's platform integrates seamlessly into existing workflows, allowing healthcare providers to efficiently handle patient records while maintaining operational continuity. By leveraging data analytics, Klinify enables clinics to streamline their operations, thereby increasing revenue potential for doctors and enhancing the overall care experience for patients. The emphasis on both operational efficiency and patient care positions Klinify as a valuable resource in the healthcare technology sector.

JFDI.Asia

Venture Round in 2011
JFDI.Asia is a Singapore-based seed accelerator that specializes in supporting start-up businesses, particularly in the mobile and digital sectors tailored for the Asian market. The organization employs a model similar to Techstars and has achieved a 60% success rate in guiding start-ups from initial concept to securing seed investments of up to $600,000 within a 100-day program. JFDI.Asia caters to a diverse clientele that includes start-up teams, early-stage investors, and organizations aiming to foster innovation and entrepreneurship among their employees. By focusing on local needs and opportunities, JFDI.Asia plays a pivotal role in nurturing the entrepreneurial landscape in Asia.

JacobAd Pte.

Seed Round in 2010
Parent company of KusuLife.com KusuLife.com Live Life Lived - Dine, Shop, Explore and Visit unique and new places in Singapore, all while enjoying the best deals in Town.
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