This article offers a deep dive into the dynamic landscape of tech companies in Singapore, showcasing their contributions across key industries such as food and beverages, healthcare, education, computer games, and finance. By exploring the latest technologies and solutions these startups bring to the table, readers gain valuable insights into how they are reshaping their respective sectors.
Additionally, the article highlights the essential role of key investors like Iterative, SOSV, and Tenity and the diverse funding opportunities available, painting a vivid picture of Singapore’s vibrant startup ecosystem. Whether you’re an entrepreneur, investor, or industry leader, this article provides insights on Singapore startups to stay ahead in an ever-evolving market.
Explore 3500+ Startups & Scaleups in Singapore!
10 Top Tech Companies in Singapore
- Ryder – Secure Hardware Wallet
- Reit EV – Integrated Fleet Solution
- Akila – Cloud-based Digital Twin
- Lytehouse – AI-powered Video Analytics
- Civils.ai – Construction Data Extraction
- dConstruct Robotics – Autonomous Robots
- Quantified Energy Labs – Solar Asset Management
- Ecoflow – Smart Water Resources Monitoring
- E3A Healthcare – Smart Fetal Monitoring
- Rider Dome – Advanced Rider Assistance System (ARAS)
Selection Process for the 10 Startups
The data in this report comes from StartUs Insights’ Discovery Platform, covering 4.7 million startups, scaleups, and tech companies globally. We applied filters such as location, founding year, technology readiness, and employee count, narrowing the results down to 3500+ emerging companies located in Singapore. From these companies, we selected 10 standout startups using funding information and a proprietary popularity metric called Signal Strength. Signal Strength measures the extent of a company’s influence within the global innovation ecosystem. Let’s dive in!
1. Ryder
- Founding Year: 2022
- Industry: Consumer Electronics
- Technology: Secure Hardware Wallet
Ryder offers Ryder One, a secure hardware wallet to simplify digital asset management. It utilizes a TapSafe feature that allows users to set up and recover assets with near-field communication (NFC). This feature, combined with the ability to involve trusted friends and family in the recovery process, enhances security without complicating the user experience. The wallet also incorporates a security chip that encrypts transactions and a capacitive touch button for secure confirmations. It is also tamper-proof as there are no physical buttons or ports. Ryder One benefits individuals looking to securely manage their digital assets while maintaining ease of use.
2. Reit EV
- Founding Year: 2019
- Industry: Mobility, Transportation
- Technology: Integrated Fleet Solution
Reit EV develops an integrated fleet solution featuring customizable electric motorbikes and charging stations. The company’s technology enables instant battery swapping to eliminate charging downtime and streamline operations. Reit EV’s motorbikes are easy to deploy and provide businesses with an efficient and customizable transportation option. This solution enhances operational efficiency, reduces carbon footprints, and supports sustainable mobility.
3. Akila
- Founding Year: 2021
- Industry: Cross-Industry
- Technology: Cloud-based Digital Twin
Akila provides a cloud-based digital twin platform that centralizes and visualizes building data for efficient site and portfolio management. The platform leverages real-time data and AI to offer predictive analytics and scenario testing, which enhances the performance and sustainability of properties. The platform also features energy monitoring, predictive maintenance, and ESG reporting. This way, the platform allows the healthcare, retail, and industrial sectors to optimize energy consumption, reduce carbon emissions, and improve operational efficiency.
4. Lytehouse
- Founding Year: 2019
- Industry: Property Management
- Technology: AI-powered Video Analytics
Lytehouse develops an AI-powered security guard system to enhance security and surveillance. It utilizes AI algorithms to monitor and analyze live video feeds to identify potential threats and suspicious activities in real time. The system features facial recognition, motion detection, and behavior analysis to provide comprehensive and proactive security measures. Lytehouse’s solution offers easy deployment and operation by integrating with existing security infrastructure.
5. Civils.ai
- Founding Year: 2022
- Industry: Construction
- Technology: Construction Data Extraction
Civils.ai offers an AI-powered tool to enhance construction project management and data analysis. It automates the extraction, organization, and analysis of construction data from various documents, including computer-aided design (CAD) drawings, reports, and scanned files. The tool also features real-time location tracking, predictive maintenance, and automated inventory management to improve equipment utilization and reduce operational costs. Further, it integrates with platforms like Autodesk and Sharepoint to improve data synchronization and accessibility. This allows construction teams to optimize tender preparation and improve submission quality.
6. dConstruct Robotics
- Founding Year: 2021
- Industry: Logistics, Construction, Security
- Technology: Autonomous Robots
dConstruct Robotics builds autonomous navigation solutions for mobile robotics applications. The company’s customizable self-driving stack, d.ASH, empowers robots to navigate and operate autonomously in both indoor and outdoor environments. This technology utilizes advanced sensor integration, including LiDAR and cameras, to enable precise mapping, object detection, and obstacle avoidance. The stack also supports real-time streaming, teleoperations, and automated mapping to conduct inspections, surveillance, and last-mile deliveries. The company also offers a robot using its technology. dConstruct Robotics’ solutions thus ensure easier deployment of autonomous robots to boost operational efficiency and reduce the need for human intervention in industries like logistics, security, and construction.
7. Quantified Energy Labs
- Founding Year: 2019
- Industry: Renewable Energy
- Technology: Solar Asset Management
Quantified Energy Labs develops solar asset management technology to enhance the efficiency and performance of photovoltaic (PV) power plants. It employs semi-autonomous drones with electroluminescence (EL) inspection technology and AI algorithms to identify and quantify defects in PV modules. This process involves drone-based scanning, on-site pre-processing, cloud AI processing, and detailed reporting via an interactive dashboard. The technology enables rapid identification of defective modules, scalable analysis for large-scale solar assets, and actionable insights that inform maintenance and warranty claims. The company’s technology thus ensures optimal performance of solar installations by providing precise and timely data.
8. Ecoflow
- Founding Year: 2021
- Industry: Water Management
- Technology: Smart Water Resources Monitoring
Ecoflow provides a smart water resource monitoring solution. It utilizes IoT to provide real-time data on water consumption, leak detection, and system performance. The IoT solution integrates sensors with water meters, tanks, and pumps to monitor usage, detect anomalies, and ensure optimal water efficiency. It also features real-time data access via a user-friendly dashboard, predictive maintenance, and automated alerts. Ecoflow supports businesses in achieving sustainability goals and reducing operational costs by enabling precise control over water resources and reducing wastage.
9. E3A Healthcare
- Founding Year: 2019
- Industry: Healthcare
- Technology: Smart Fetal Monitoring
E3A Healthcare offers medical devices for newborn and women’s healthcare. Its bilirubin meter, Bilimonitor BJM-20, continuously monitors neonatal jaundice using optoelectronic sensors. Another product, the smart fetal monitoring device, passively collects fetal heart signals without emitting harmful ultrasound energy. The company’s technology utilizes advanced biosignal processing and biosensors to create accurate and accessible devices. Further, its Gaia Smart Fertility Monitor is a non-hormonal, and science-based tool for birth control, conception, and menstrual cycle management. E3A Healthcare’s devices enhance patient outcomes and address critical healthcare needs.
10. Rider Dome
- Founding Year: 2020
- Industry: Mobility
- Technology: Advanced Rider Assistance System
Rider Dome develops an AI-based rider assistance system to enhance motorcycle safety. The system employs computer vision algorithms and sensor fusion to analyze real-time data from front and rear cameras and detect potential threats around the rider. It generates non-intrusive alerts that provide riders with critical response time to avoid accidents. It also offers 360-degree threat detection, a centralized fleet safety platform, and a rider safety scoring system. Rider Dome improves rider safety by preventing accidents, reducing insurance costs, and enhancing overall fleet efficiency.
Explore the Singapore’s Startup Ecosystem
The startup ecosystem comprises 3500+ companies with an average employee count of 15. This ecosystem includes diverse industries, including food & beverages, healthcare, education, computer games, and finance. These industries highlight the broad range of innovation and entrepreneurial activities, demonstrating the ecosystem’s versatility and appeal to various sectors.
Key investors supporting this vibrant ecosystem include Business Innovations Generator, Antler, Iterative, SOSV, and Tenity. These investors bring expertise and resources, fostering an environment conducive to growth and development for startups. The primary funding types prevalent in this ecosystem are Seed, Early-Stage VC/Series A, and Pre-Seed, indicating a robust support system from early-stage to growth phases. For startups, this ecosystem offers ample opportunities for funding and industry-specific support, essential for scaling operations and reaching new markets. Corporations collaborating with these startups leverage innovative solutions, stay competitive, and access emerging technologies and trends.
This is just the tip of the iceberg. For personalized insights into the local or global startup ecosystem, depending on your needs, get in touch with us. We can provide tailored information and analysis to help you navigate the vibrant startup landscape.