Investments
258Portfolio Exits
86Funds
1Partners & Customers
4About EDBI
EDBI invests in knowledge and innovation-intensive sectors covering Information & Communication Technology (ICT), Emerging Technology (ET), Healthcare (HC) and select industry clusters under its Strategic Growth Programme (SGP). Taking a long term investment outlook, EDBI helps to grow companies in Asia and globally through Singapore.
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Expert Collections containing EDBI
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Find EDBI in 1 Expert Collection, including Synthetic Biology.
Synthetic Biology
382 items
Latest EDBI News
Sep 28, 2023
Singapore-based biotechnology startup Automera has secured US$16 million in a Series A round of investment co-led by early-stage life science accelerator and investment firm Accelerator Life Science Partners (ALSP) and Temasek-backed venture builder ClavystBio. EDBI, Xora Innovation, and other undisclosed investors also participated. Automera was established by Associate Professor Michael Lazarou, Loong Wang, and Taiyang […] The post Singaporean biotech startup Automera secures US$16M Series A financing appeared first on e27.
EDBI Investments
258 Investments
EDBI has made 258 investments. Their latest investment was in Automera as part of their Series A on September 9, 2023.
EDBI Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
9/27/2023 | Series A | Automera | $16M | Yes | Accelerator Life Science Partners, ClavystBio, EDBI, Undisclosed Investors, and Xora Innovation | 2 |
8/8/2023 | Series C | Endowus | $35M | No | Citi Ventures, EDBI, Lightspeed Venture Partners, Mitsubishi UFJ Financial Group, Prosus Ventures, SingTel Innov8, UBS Next, Undisclosed Angel Investors, and Undisclosed Private Equity Investors | 5 |
7/24/2023 | Series A - II | Engine Biosciences | $18M | No | EDBI, and Polaris Partners | 2 |
7/17/2023 | Series C - III | |||||
6/29/2023 | Secondary Market |
Date | 9/27/2023 | 8/8/2023 | 7/24/2023 | 7/17/2023 | 6/29/2023 |
|---|---|---|---|---|---|
Round | Series A | Series C | Series A - II | Series C - III | Secondary Market |
Company | Automera | Endowus | Engine Biosciences | ||
Amount | $16M | $35M | $18M | ||
New? | Yes | No | No | ||
Co-Investors | Accelerator Life Science Partners, ClavystBio, EDBI, Undisclosed Investors, and Xora Innovation | Citi Ventures, EDBI, Lightspeed Venture Partners, Mitsubishi UFJ Financial Group, Prosus Ventures, SingTel Innov8, UBS Next, Undisclosed Angel Investors, and Undisclosed Private Equity Investors | EDBI, and Polaris Partners | ||
Sources | 2 | 5 | 2 |
EDBI Portfolio Exits
86 Portfolio Exits
EDBI has 86 portfolio exits. Their latest portfolio exit was vArmour Network on April 18, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
4/18/2023 | Acq - Fin | 2 | |||
12/26/2022 | Corporate Majority | 7 | |||
12/19/2022 | Acquired | 7 | |||
Date | 4/18/2023 | 12/26/2022 | 12/19/2022 | ||
|---|---|---|---|---|---|
Exit | Acq - Fin | Corporate Majority | Acquired | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 2 | 7 | 7 |
EDBI Fund History
1 Fund History
EDBI has 1 fund, including Special Situation Fund for Startups (SSFS).
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
Special Situation Fund for Startups (SSFS) | $205M | 1 |
Closing Date | |
|---|---|
Fund | Special Situation Fund for Startups (SSFS) |
Fund Type | |
Status | |
Amount | $205M |
Sources | 1 |
EDBI Partners & Customers
4 Partners and customers
EDBI has 4 strategic partners and customers. EDBI recently partnered with Ambiq Inc. on December 12, 2021.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
12/7/2021 | Partner | United States | Ambiq Enables Singapore’s TraceTogether Token to Help Fight Against COVID-19 - Edbi The fruitful partnership with Excelpoint in delivering the TraceTogether token is also a significant milestone for Ambiq as the company established its 5th Center of Excellence in Singapore last year with immense support from EDBI , and continues to expand its regional team . | 1 | |
11/13/2019 | Client | ||||
10/6/2017 | Partner | ||||
3/7/2017 | Partner |
Date | 12/7/2021 | 11/13/2019 | 10/6/2017 | 3/7/2017 |
|---|---|---|---|---|
Type | Partner | Client | Partner | Partner |
Business Partner | ||||
Country | United States | |||
News Snippet | Ambiq Enables Singapore’s TraceTogether Token to Help Fight Against COVID-19 - Edbi The fruitful partnership with Excelpoint in delivering the TraceTogether token is also a significant milestone for Ambiq as the company established its 5th Center of Excellence in Singapore last year with immense support from EDBI , and continues to expand its regional team . | |||
Sources | 1 |
EDBI Team
5 Team Members
EDBI has 5 team members, including current Chief Executive Officer, President, Chu Swee Yeok.
Name | Work History | Title | Status |
|---|---|---|---|
Chu Swee Yeok | Chief Executive Officer, President | Current | |
Name | Chu Swee Yeok | ||||
|---|---|---|---|---|---|
Work History | |||||
Title | Chief Executive Officer, President | ||||
Status | Current |
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