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Startups snagged SG$13.4 billion in funds between January and September this year, with early-stage funds almost doubling to SG$886.1 million and deep-tech firms in three sectors accounting for under 4% of total capital.
Government expects to have two full-fledged standalone 5G networks covering more than half of Singapore by end-2022 and, if there is interest from the industry, it will release another two lots of 800MHz of mmWave spectrum to be used for smaller non-standalone networks.