Singapore boosts startup funding amid pandemic slowdown

Extra $200 million to ease tech fundraising uncertainty

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Southeast Asian VCs raised a total of $1.58 billion for new funds in the first half of 2019, on track to top last year's total of $2.12 billion. © Reuters

DYLAN LOH, Nikkei staff writer

SINGAPORE -- The Singapore government committed an extra 285 million Singapore dollars ($200 million) on Tuesday to top up an existing scheme to boost tech startups.

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