EDBI

EDBI is a corporate investment firm based in Singapore that provides equity investments and growth capital to high-growth global technology companies seeking to scale across Asia. Operating under the SG Growth Capital platform, the firm functions as the dedicated investment arm of the Singapore Economic Development Board and Enterprise Singapore. The organization focuses on venture and growth-stage investments across the biotechnology, artificial intelligence, deep tech, and digital economy sectors. EDBI maintains 40 known fund commitments and backs notable portfolio companies such as Addepar, which manages over $7 trillion in assets, and Ambiq, whose semiconductors power more than 280 million devices globally. Recent investment activity includes participation in a $100 million Series D funding round for Amity Group and backing AI chipmaker D-Matrix at a $2 billion valuation. The firm was established in 1991 by the Singapore government.