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Metro area · Asia

Singapore

Metro area · Asia · Pop. 5.8M · #19 city by EV

A public taster of the full Singapore ecosystem on Dealroom — request a demo for live deal flow, founder pedigrees, AI-talent maps, and the full cap table for every company below.

$359B+57%
Combined startup EV
$3.3B
VC invested (last 12mo)
3,900
Tracked startups
#29/ 199
Unicorns per 1M people · cities rank
🦄 Unicorns
38
38 live · +3 new in 2025 (incl. 0 new decacorns)
💎 Decacorns
4
$10B+ tier
🐎 Thoroughbreds
25
Top 1% growth · $500M+

Enterprise value · 2015–2025

Singapore grew 20.1× since 2015

Combined enterprise value of every tracked startup headquartered in Singapore that's still operating today — public and private companies combined, totalled by founding-year cohort.

0 $100B $200B $300B $400B Singapore · $358B 2015 2018 2021 2024 2025

Adjacent cities by EV

Startup funnel

Singapore's power-law funnel

From the first cheque written to a $10B+ outcome. Each arrow shows what fraction of companies at one stage graduate to the next, tracked by founding cohort.

Pre-Seed
791
Seed
736
Series A
579
Series B
235
Series C
116
Unicorn
32
Decacorn
5

* C→Unicorn and Unicorn→Decacorn rates are derived from current counts (no founding-cohort data); the four mid-funnel rates use Dealroom's cohort tracking.

Notable companies

Top private companies in Singapore

Up to 20 names per tier from Dealroom's tracked dataset. Decacorns are valued $10B+, unicorns $1B+, thoroughbreds have crossed $100M in revenue.

Decacorns $10B+ valuation 5
SHEINKuCoinSea GroupDayOneGrab
Unicorns $1B+ valuation 32
Global Fashion GroupTravelokaCarousellHTXPatsnapASLAN PharmaceuticalsBigo TechnologyDysonHeptagonNinja VanBiofourmisMatrixportBitgetSinglifeLazadaSygnumZalora GroupCoda PaymentsRazerMoglix+12 more
Thoroughbreds+ $100M+ revenue 24
Sea GroupDysonGrabCarroMoglixGlobal Fashion GroupIGGBitDeerAnyMindDayOneKling AIUltragreen.aiManus AITravala.comSHEINCoda PaymentsCarousellPatsnapSinglifeRazer

Academia

Singapore's academic flywheel

Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Singapore.

University-linked startup formation
98
University spinouts
1,246
Total alumni-founded companies
828
Of which startups (<$15M raised)
302
Breakouts ($15M-100M)
116
Scaleups ($100M+)
Top universities producing founders tied to Singapore
  • 🇺🇸 Stanford University Stanford, CA · 478 alumni unicorns
    Notable alumni-founded: GoogleNvidiaOpenAIStripe
  • 🇫🇷 INSEAD Fontainebleau · 95 alumni unicorns
    Notable alumni-founded: KlarnaWiseMews
  • 🇬🇧 Imperial College London London · 76 alumni unicorns
    Notable alumni-founded: Wise (TransferWise)ASOSTouchlight

Vs. similarly-sized ecosystems

How Singapore stacks up

Peers chosen from the same continent (Asia), sized closest to Singapore by combined EV. The scatter plots growth × current size — outliers in the upper-right are ecosystems compounding fastest.

Combined enterprise value
$1.2T
$1.2T
$1T
$924B
$726B
$619B
$608B
$525B
Singapore
$359B
EV growth (5-yr ×) vs current EV
peer median 5.4× 1.1× 369.0× 737.0× $5.1B $320B $20.1T EV growth (5yr ×) Combined enterprise value (log) Bay Area Seattle Austin Yangtze Delta Region New Palo Alto Jingjinji Metropolitan Region New York City Beijing Boston Los Angeles Shenzhen Shanghai London Miami Hangzhou Tel Aviv San Diego Seoul Washington DC Paris Bengaluru Amsterdam Chicago Stockholm Ottawa–Gatineau Tokyo Delhi Sydney East of England Mumbai Dallas São Paulo Berlin/Brandenburg Hong Kong Cambridge (UK) Guangzhou Philadelphia Toronto-Waterloo Research Triangle Phoenix Buenos Aires Nanjing Copenhagen Atlanta Salt Lake City Denver Munich Dublin Zurich Vancouver South East England Minneapolis–Saint Paul Houston Pittsburgh Dubai Ghent Boulder Helsinki Jakarta Montréal Provo-Orem Singapore

Top overview

Asia — top cities

Top cities in Asia ranked by combined EV. Singapore's row is highlighted.

# Ecosystem Combined EV 5-yr EV growth Unicorns VC invested Tracked startups
1 Yangtze Delta Region $1.9T 2.6× 190 $9B 6,728
2 Jingjinji Metropolitan Region $1.7T 3.7× 175 $6.4B 4,437
3 Beijing $1.7T 3.6× 169 $6.3B 4,257
4 Shenzhen $1T 1.9× 45 $2B 2,115
5 Shanghai $924B 4.9× 122 $3.8B 3,462
6 Hangzhou $608B 1.2× 31 $1.7B 1,372
7 Tel Aviv $525B 6.9× 115 $9.3B 3,600
8 Seoul $362B 13.8× 37 $6.6B 4,864
9 Singapore $359B 9.6× 38 $3.3B 3,900
10 Bengaluru $286B 6.2× 45 $5.4B 3,568
11 Tokyo $220B 6.1× 18 $3.1B 5,992
12 Delhi $220B 6.3× 29 $2.5B 2,363

Sector concentration

Where Singapore punches above its weight

Sectors in which Singapore's share of the global unicorn pool is bigger than its overall share. A 5× over-index means Singapore is 5× more represented in that sector than in the global average. Source: top-hub aggregation across the 18 simplified sectors.

🥗 Food
5.54×
3 unicorns · 5.4% of global sector
4.73×
8 unicorns · 4.6% of global sector
💸 Fintech
4.56×
14 unicorns · 4.4% of global sector
2.82×
6 unicorns · 2.7% of global sector

Premium analytics

What we don't show on this page (yet)

Sector breakdowns, founder origins, AI-talent leaderboards and live deal flow are gated to logged-in Dealroom users. Book a demo to access the full Singapore dataset — or see a sample on the Dealroom app.

Sector breakdown
Where Singapore's unicorns concentrate
Fintech
AI / Enterprise SW
Health Tech
Biotech
Cybersecurity
Consumer
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Capital autonomy
Singapore's domestic vs foreign capital mix
% domestic VC by stage
Cross-border lead investors
Sovereign-fund participation
Foreign-LP exposure
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Recent momentum
Singapore's VC investment trajectory by stage
2024 vs 2025 by stage
Round-size trends
Stage-conversion deltas
Quarterly velocity
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Founder origins
Where Singapore's startup founders come from
By country of origin
Per capita
Top universities
Top alumni-factory companies
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AI talent
Top employers of AI talent in Singapore
Core AI roles
Frontier AI roles
YoY hiring growth
Senior + lead engineers
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Deal flow
Live deal flow & funding rounds in Singapore
New rounds last 30 days
Stage breakdown
Active investors
Round-size trends
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