Grants
Funding, subsidies, and incentive schemes for AI in Singapore.

Qashier Turns Profitable, Raises US$6.125M for AI-Powered Merchant Platform
Singapore-headquartered merchant operating system Qashier has turned profitable and raised US$6.125 million in a Series A+ round, as it scales its unified payments, software, and embedded lending platform across Southeast Asia. The company processes US$1 billion in annual payment volume for over 20,000 merchants.

Singapore AI Startup Akro Raises US$700K to Automate Data Workflows
Singapore-based AI startup Akro AI has raised US$700,000 in a pre-seed funding round led by Amigos Venture Capital, with participation from strategic angel investors across financial services, healthcare, and consumer technology.

Airwallex Raises US$320M at US$11B Valuation as AI Fintech Push Accelerates
Airwallex has closed a US$320 million Series H round at an US$11 billion valuation, with plans to accelerate its push into autonomous finance through AI-native products including the T:0 business platform and Airi consumer wallet.

IMDA Launches $48M Fund for Singapore Media Firms to Adopt AI
IMDA's S$48 million Digital Content and Capability Development programme will help Singapore media firms create locally relevant content while adopting AI tools, backed by 55 curated AI courses under the National AI Impact Programme.

Singapore's ChemT Raises US$4M to Bring AI to Biomanufacturing
ChemT Biotechnology has raised US$4 million in seed funding for its AI-powered CelMo platform that simulates cell behaviour to solve biologics manufacturing challenges. The round involves Temasek Life Sciences Accelerator, Wavemaker Ventures, and Singapore's SEEDS.

SGX-Listed Info-Tech Systems Well-Placed to Ride Singapore's AI Push, Says RHB
RHB Bank Singapore has maintained its "buy" call and S$1.40 target price on SGX-listed Info-Tech Systems, citing a "structural shift" in government AI policy that is creating sustained demand for the company's enterprise software and upskilling solutions.

Qualcomm Selects 5 Singapore Startups for Prestigious AI Program
Qualcomm has named 15 startups from Japan, Singapore, and South Korea to its 2026 AI Program for Innovators (QAIPI), with five Singapore-based companies selected to receive equity-free mentorship, hardware platforms, and up to US$17,500 in grants and incentives.

H3 Zoom Raises US$3.6M to Scale AI-Powered Building Inspections Across Asia
Singapore-based deep tech startup H3 Zoom has closed an oversubscribed US$3.6 million Series A round to scale its AI-powered inspection platform for buildings and critical infrastructure across Asia. The round was led by JRE Ventures with participation from SGInnovate, M7 Holdings, and.

Pints AI Wins MAS-AISG Startup Grant for Privacy-First Finance LLMs
Pints AI, a Singapore-based startup building compact on-premise language models for financial services, has been awarded the AI in Finance Global Challenge Startup Grant by AI Singapore and the Monetary Authority of Singapore. The grant will fund development of sub-10 billion parameter models deployable entirely within clients' secure infrastructure, addressing the growing tension between AI adoption and data privacy in banking and insurance.

AI Biotech Startup ChemT Raises $5M for Biomanufacturing Platform
Singapore-based AI biotech startup ChemT Biotechnology has raised US$4 million in seed funding to bring artificial intelligence to biomanufacturing, bringing total funding to US$5 million within 18 months.

Singapore Launches $10M AI Lab to Accelerate Semiconductor and Clean Hydrogen Discovery
Singapore has launched a $10 million AI-powered lab called the Materials Data Foundry, designed to accelerate the discovery and mass production of next-generation semiconductors and clean hydrogen. The facility, jointly set up by the National University of Singapore (NUS) and the.

Pints AI Raises $5.6M for Auditable AI That Banks Can Trust
Singapore-based Pints AI has raised $5.6 million for its auditable AI platform that plugs into banking core systems, automating underwriting and claims while keeping a full audit trail for every decision. The round was led by Tin Men Capital and SBI Ven Capital.