# SGInnovate

SGInnovate is a Government / Public Body based in Singapore, Singapore.

## Overview

- **Organization type:** Government / Public Body
- **Headquarters:** Singapore, Singapore
- **Region:** Asia
- **Address:** 32 Carpenter Street, Singapore 059911
- **Founded:** 2016
- **Assets under management:** 200 (Altss estimate)
- **Website:** www.sginnovate.com
- **LinkedIn:** https://www.linkedin.com/company/sginnovate
- **Wikidata:** Q65068882

## Regulatory record

- **Reports private funds:** No

## About

SGInnovate was created in 2016 by Steve Leonard as a government vehicle focused on deep technology. It sits under the National Research Foundation and maintains operational ties to Enterprise Singapore. The agency targets early-stage venture and seed investments, including venture debt, and works alongside co-investors such as Temasek Holdings and GIC. Activity spans Singapore, other parts of Asia, Europe, and the United States. No specific portfolio holdings appear in public records. SGInnovate holds membership in the Singapore Venture & Private Capital Association and the Asia Securities Industry & Financial Markets Association. It lists a philanthropic initiative called Deep Tech for Good.

## Sectors

- Venture Capital
- Deep Tech

## People

- Steve Leonard — Founding CEO
- Lim Jui — Chief Executive Officer

## Questions

### Who runs investment decisions at SGInnovate?

Lim Jui serves as Chief Executive Officer. Steve Leonard founded the agency and acted as its first CEO.

### How is SGInnovate related to the National Research Foundation?

SGInnovate operates under the National Research Foundation as a government-owned entity.

### Does SGInnovate participate in fund commitments or only direct deals?

SGInnovate makes direct investments in early-stage companies and runs accelerator programs.

### Which regions does SGInnovate cover with its investments?

The agency invests in companies located in Asia, Europe, and the United States.

### What asset classes does SGInnovate target?

SGInnovate focuses on early-stage venture, seed rounds, and venture debt.

## Related profiles

- [Orthogonal Partners](https://altss.com/profile/orthogonal-partners)
- [CAPAF](https://altss.com/profile/capaf)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/sginnovate

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology