[News Brief] Santé Accel Singapore Launches Healthcare Venture-Building Platform
Santé Accel Singapore, a healthcare venture-building platform, has been launched to support the creation and growth of Singapore-based companies in the medtech, biotech and healthtech sectors.
- Strategic Partnership: The platform is a joint initiative between US-based Santé Ventures and SG Growth Capital, the investment arm of the Economic Development Board and Enterprise Singapore.
- Platform Scope: Santé Accel Singapore will incubate and invest in Singapore-based companies while providing access to venture-building expertise, seed funding and global networks.
- Regulatory Collaboration: The Health Sciences Authority will partner with non-profit medtech incubator Fogarty Innovation to develop an immersion programme for HSA’s regulatory staff, aimed at strengthening regulatory capabilities for medical device innovation.
This summary is based on a news report published by The Straits Times.
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