Singapore-based AI startups raised about S$1.8 billion ($1.4 billion) in 2025, accounting for nearly a third of the country’s total venture funding value as investors poured more capital into artificial intelligence and deeptech bets.
The recently released Singapore Venture Funding Landscape Report 2025 by EY-Parthenon, in partnership with Enterprise Singapore, showed that total venture funding in Singapore in 2025 hit S$5.9 billion ($4.6 billion).
At the forefront was investments towards AI-led opportunities, as AI startups accounted for 42.8% of the 472 deal volume in 2025. Singapore’s AI deal value grew 28% year-on-year, while the sector’s share of the nation’s total deal value nearly doubled to 30% in 2025.
Among the notable deals are Supabase, which raised over S$127 million in a Series E round to scale its developer platform; and Surfin Meta Digital Technologies, which secured over S$33 million to support its expansion into new markets.
This, according to EnterpriseSG, reflected “strong investor conviction and capital concentration” into AI-led opportunities.
The rise in AI bets comes against the backdrop of overall declining deal value in Singapore, with the nation seeing a 34% decline in 2025. The deal value has been in decline for years now, reflecting overall sentiment in the region.
“Even as we navigate evolving global economic conditions, Singapore’s position as a globally connected hub continues to attract founders and investors. The strong foundations of our ecosystem have allowed us to weather challenges and continue to build capacity in priority emerging areas such as AI and deep tech,” said Emily Liew, Assistant Managing Director, Innovation, EnterpriseSG.
Deeptech investments also expanded during the year, with its share of deal value hitting 24.7% in 2025, rising from 11.1% three years prior, while share of deal volume increased from 11.4% to 19.3% over the same period.
Amid rising AI and deeptech investments, Singapore remained primarily a fintech hub, with the sector still getting the biggest share of venture funding during the year. Fintech deal value rose 34% year- on-year to over S$2.1 billion in 2025. With this, fintech accounted for 36% of total fundraise value during the year.
In total, Singapore accounted for 74% of fintech funding in the region last year.
“This is underpinned by Singapore’s position as ASEAN’s financial hub, supported by a deep fintech ecosystem and proactive regulatory frameworks that enable faster market entry and de-risk early commercialisation,” EnterpriseSG said.
Overall, EnterpriseSG said the numbers reflect the resilience of its startup ecosystem, noting that the nation retained fourth position globally in the latest StartupBlink Global Startup Ecosystem Index (GSEI). Singapore climbed from tenth in the rankings in 2021 to fourth in 2025 and holding the position in 2026.
“Our continued investments, including the recent S$37 billion under Research, Innovation and Enterprise (RIE) 2030 and the S$1 billion for the Startup SG Equity scheme, reaffirm our commitment to foster an innovation-led economy through strong partnerships, talent development, and deepening research capabilities,” Liew said.