S'pore investing in field of embodied Al

Of the two cohorts supported so far, six startups are based in Singapore, reflecting how local innovators are helping to shape the region's low-carbon transition, said DPM Gan.

- 

Singapore is also working with Wavemaker Impact, a climate-tech venture builder that has created 15 startups in three years.

"All of them have secured investments, and the next phase will focus on helping these firms achieve product-market fit faster, so their innovations can scale and deliver impact sooner," said DPM Gan.

He also highlighted that Singapore is investing in the emerging field of embodied AI, where robots and intelligent systems can sense, learn and act in real-world environments.

Advances in embodied AI could significantly change the way industries operate, by augmenting human capability and allowing companies to overcome labour and productivity constraints, he said.