Singaporean venture capital firm closes $30m 'deep tech' fund

Elev8.vc plans to invest in 20 to 30 startups; targeting AI, medical, robotics

20250129 Singapore view

The "deep tech sector" is viewed as a key economic driver for Singapore. 

MARS W. MOSQUEDA JR.

CEBU, Philippines -- Singapore-based venture capital firm Elev8.vc has announced the close of a $30 million fund aimed at early-stage investments in "deep tech" startups, targeting sectors such as AI, medical technology, robotics and advanced manufacturing.

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