The economy of Singapore is 26th largest in world, with a nominal GDP of USD 572.47 billion. Singapore economy is dominated by its service sector, comprising 75.2% of the GDP and employing 73.7% of the labour force. United States and China are the largest trading partner of Singapore.
Singapore has a thriving startup ecosystem supported by key factors like its location, access to sea routes with modernised ports, development of industries, developed cooperative banking sector, developed social market economy, rich in natural resources, highly efficient and strong social security system, also developed in exports top-ranked educational institutions and government regulations. The majority of Singapore startups are located in Woodlands New Town and Kallang.
We, at Tracxn, keep a track of the latest happenings in the world of startups and their associated ecosystems - including venture capital funds, private equity funds and investment banks amongst others.
In this edition, we have the ‘Soonicorn Club of SingaporeTech 2026’– an exclusive list of the most promising SingaporeTech startups that have also reached significant valuation milestones over the previous few years.