National Research Foundation SingaporeNational Research Foundation Singapore:

Congratulations Xora Innovation on your new office at Fusionopolis! 

This is a significant milestone for the venture builder which has been nurturing innovative startups in areas like compute and communications, climate and energy, and AI in physical sciences.

At the launch, Deputy Prime Minister and Chairman of the National Research Foundation Mr Heng Swee Keat highlighted deep tech's crucial role in addressing global challenges and reaffirmed the government's commitment to build up this ecosystem. He announced that A*STAR - Agency for Science, Technology and Research would be joining an existing collaboration with Xora, Temasek, Nanyang Technological University Singapore, and National University of Singapore to accelerate the spinout of more deep tech startups from Singapore’s research ecosystem.

Xora's portfolio companies are already making impressive strides: Amperesand is partnering with PSA unboXed to green our ports, while Celestial AI is setting up a cutting-edge Innovation Centre for silicon photonics here in Singapore.

To foster a thriving deep tech ecosystem, Singapore is mobilising diverse players across our Research, Innovation, and Enterprise (RIE) landscape. Xora exemplifies this approach, playing a crucial role in venture building and investing by working with promising entrepreneur-scientists to shape transformative startups.