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A government-backed incubator-investor focusing on deep tech (frontier science and technology). SGInnovate backs early-stage startups in areas like AI, quantum computing, MedTech and more, providing equity funding, talent recruitment, and research partnerships. It has backed multiple science-based startups that became major successes – its portfolio boasts at least **two unicorns** and several acquisitions.
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- **Industries:** Deep technology and scientific innovation (AI, biotech, quantum, advanced manufacturing, etc.).
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- **Notable alumni:** **Biofourmis** (digital therapeutics platform, now a unicorn[tracxn.com](https://tracxn.com/d/venture-capital/sginnovate/__cLxso2Lj3aWM6-8da6Sprlwar4QYiK1VIyX8zEmSuhg#:~:text=SGInnovate%20,invest)) and **SensorFlow** (IoT energy management startup) are among the standout companies SGInnovate supported.
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- **Notable alumni:** **Biofourmis** (digital therapeutics platform, now a unicorn and **SensorFlow** (IoT energy management startup) are among the standout companies SGInnovate supported.
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# 4. [**Enterprise Singapore’s Startup SG Accelerator**](https://www.enterprisesg.gov.sg/grow-your-business/partner-with-singapore/innovation-and-startups/join-startup-sg)
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Singapore’s first government-supported blockchain accelerator. Tribe, backed by EnterpriseSG and corporate partners, focuses on blockchain/Web3 startups across industries (finance, supply chain, gaming, etc.). It provides a 4-month program with technical resources, mentorship from industry giants (IBM, Intel, etc.), and piloting opportunities with large enterprises. Tribe’s portfolio companies have collectively raised over **US$70 million** in funding.
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- **Industries:** Blockchain and decentralized technologies (Web3, crypto, NFTs, enterprise DLT applications).
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- **Notable alumni:** **Quantstamp** (blockchain security firm) and **Sentient.io** (AI and data platform) – both participated in Tribe and went on to global success[.](https://www.coindesk.com/markets/2021/04/14/blockchain-startups-from-singapore-based-tribe-accelerator-raise-70m#:~:text=,results%20via%20a%20mobile%20app)
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- **Notable alumni:** **Quantstamp** (blockchain security firm) and **Sentient.io** (AI and data platform) – both participated in Tribe and went on to global success.
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# 6. SPH Plug and Play
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A media and digital tech accelerator formed by Singapore Press Holdings and Silicon Valley’s Plug and Play. It ran several cohorts focusing on media, advertising, and consumer internet startups. Participants received investment, media exposure through SPH’s channels, and access to Plug & Play’s global network. It was one of Singapore’s earliest corporate accelerators (launched in 2015) targeting **media-tech innovation**, leveraging SPH’s dominance in publishing to test and scale new digital content ideas.
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NTUitive is NTU’s venture incubation arm that supports the **commercialization of research innovations**. It runs incubation programs for NTU students, faculty, and even external deep-tech founders, providing lab access, IP licensing support, prototyping grants, and industry mentors. NTUitive has helped spin off multiple deep-tech startups from university labs – for example, it supported **Nanofilm Technologies**, a materials science startup founded by an NTU professor that IPOed at a S$1.9 billion valuation (one of Singapore’s largest tech IPOs in recent years).
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- **Industries:** Deep tech and research-driven sectors – including advanced materials, cleantech, MedTech, AI, and engineering solutions, often originating from NTU’s R&D.
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- **Notable alumni:** **Nanofilm Technologies** (nano-coatings company spun out of NTU in 1999, now a public company and “tech unicorn”[reuters.com](https://www.reuters.com/article/technology/tech-unicorn-nanofilm-up-12-on-debut-biggest-singapore-ipo-in-years-idUSL1N2HL025/#:~:text=Nanofilm%2C%20which%20counts%20Canon%20and,currently%20the%20firm%27s%20executive%20chairman)) and **Transcelestial** (space laser communications startup co-founded by an NTU alumnus, which has raised significant funding).
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- **Notable alumni:** **Nanofilm Technologies** (nano-coatings company spun out of NTU in 1999, now a public company and “tech unicorn” and **Transcelestial** (space laser communications startup co-founded by an NTU alumnus, which has raised significant funding).
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# 13. [Entrepreneur First Singapore](https://www.joinef.com/)
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