SGInnovate has put $40m into deep-tech firms since inception

The 70 start-ups have gone on to draw $450m of funding from the market, says venture firm's chief

Government-owned venture firm SGInnovate has racked up an impressive strike rate since its inception almost three years ago.

The firm has invested $40 million in around 70 local and foreign deep-tech start-ups, which have also gone on to attract $450 million of funding from the market,