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Asia · Country profile

Singapore

Asia · Pop. 5.8M · #10 startup ecosystem 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.

$359.5B+57%
Combined startup EV
$3.3B
VC invested (last 12mo)
3,900
Tracked startups
6.6
Unicorns per 1M people
🦄 Unicorns
38
38 live · +3 new in 2025 (incl. 0 new decacorns)
💎 Decacorns
4
$10B+ tier
🐎 Thoroughbreds
25
Top 1% growth · $500M+

Adjacent ecosystems by EV

Startup funnel

Singapore's power-law funnel

From every VC-backed startup down to the biggest scale-ups. Conversion rates show what fraction of one tier graduate into the next. Capital figures (where shown) are total VC deployed at that stage.

VC-backed startups
3,872
Colts ($25M+ revenue) $834.2M deployed
68
1.8% of prior tier
Unicorns ($1B+ valuation) $817M deployed
38
56% of prior tier
Decacorns ($10B+ valuation)
4
11% of prior tier

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, totalled by founding-year cohort.

0 $100B $200B $300B $400B Singapore · $358.4B 2015 2018 2021 2024 2025

Vs. similarly-sized ecosystems

How Singapore stacks up

Peers chosen from the same Asia cluster within ±70% of Singapore's combined EV. The scatter plots growth × current size for the wider continent — outliers in the upper-right are ecosystems compounding fastest.

Combined enterprise value
$883.7B
$599.9B
$438.6B
Singapore
$359.5B
$255.3B
$185.6B
EV growth (5-yr ×) vs current EV
peer median 9.0× 3.2× 172.9× 342.6× $12.3B $267B $5.8T EV growth (5yr ×) Combined enterprise value (log) China India Israel South Korea Singapore Japan Hong Kong United Arab Emirates Indonesia Taiwan Türkiye Vietnam Saudi Arabia

Top overview

Asia ecosystems — combined view

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

# Ecosystem Combined EV 5-yr EV growth Unicorns VC invested Tracked startups
1 China $5.8T 3.2× 479 $33.4B 24.5K
2 India $883.7B 7.1× 125 $13.9B 13.3K
3 Israel $599.9B 5.6× 128 $10.7B 4,762
4 South Korea $438.6B 15.6× 41 $8.2B 7,931
5 Singapore $359.5B 9.6× 38 $3.3B 3,900
6 Japan $255.3B 6.4× 19 $4.3B 7,794
7 Hong Kong $185.6B 13.0× 21 $3.6B 1,222
8 United Arab Emirates $79.1B 10.6× 21 $3.9B 1,553
9 Indonesia $64.8B 5.0× 12 $485.3M 1,208
10 Taiwan $59.4B 7.9× 5 $209.1M 621
11 Türkiye $55.7B 20.7× 8 $714.3M 2,031
12 Vietnam $34.3B 15.3× 4 $461.5M 616

Patent intelligence

Singapore startup IP portfolio: 7,630 patent families

Granted patent families assigned to startups headquartered in Singapore. Aggregated across the country's hub-level filings — Bay Area, Boston, etc. roll up under the United States row, the same way Tokyo and Osaka roll up under Japan.

Granted patent families
7,630
Filed by tracked startups headquartered in the country.
1316 patents per million residents · #16 globally

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
Unlock on Dealroom
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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