Who Funds E Commerce Startups in Singapore?

Complete funding guide for e commerce entrepreneurs in Singapore. Find 7 VC funds, 6 accelerators,4 angel networks, and 4 grant opportunities.

$317M
Total 2025 Funding
147
Deals Completed
$8M
Avg Round Size
13
Active Funders

E Commerce Startup Funding Landscape in Singapore

Market Overview

The e commerce startup ecosystem in Singapore has experienced remarkable growth, with $317M in funding across 147 deals in 2025.This represents 12% year-over-year growth compared to the previous year, positioning Singaporeas a emerging market fore commerce innovation.

The average funding round size of $8M reflects strong investor confidence in Singapore-based e commerce startups. Competition levels are currently moderate, with 7 active VC funds specifically targeting this sector.

Top Funded Sectors in Singapore

E CommerceArtificial IntelligenceSoftware As A Service

Location Advantages

Singapore offers a concentrated e commerce ecosystem with specialized talent

Strong government support for e commerce innovation and R&D tax incentives

Access to leading universities and research institutions in the region

Lower operational costs compared to traditional tech hubs like San Francisco

Success Factors for E Commerce Startups

  • Deep expertise in e commerce domain
  • Strong technical team with proven track record
  • Clear market validation and customer traction
  • Scalable business model with defensible moats
  • Access to industry-specific mentors and advisors

E Commerce VC Funds in Singapore

7 active funds

Singapore E Commerce Partners A

📍 Singapore📅 Founded 2013💰 $577M AUM

seed stage focus • 42 portfolio companies

$7M
Typical Check Size

Investment Focus Areas

E CommerceEnterprise SoftwareArtificial Intelligence

Recent E Commerce Investments

E CommerceCorp 1
Singapore AI
DataE Commerce Inc
Active in e commerce sector • Invests in Singapore-based startups
Learn More →

Singapore E Commerce Partners B

📍 Singapore📅 Founded 2023💰 $425M AUM

series-a stage focus • 66 portfolio companies

$9M
Typical Check Size

Investment Focus Areas

E CommerceEnterprise SoftwareArtificial Intelligence

Recent E Commerce Investments

E CommerceCorp 2
Singapore AI
DataE Commerce Inc
Active in e commerce sector • Invests in Singapore-based startups
Learn More →

Singapore E Commerce Partners C

📍 Singapore📅 Founded 2019💰 $343M AUM

series-b stage focus • 53 portfolio companies

$8M
Typical Check Size

Investment Focus Areas

E CommerceEnterprise Software

Recent E Commerce Investments

E CommerceCorp 3
Singapore AI
DataE Commerce Inc
Active in e commerce sector • Invests in Singapore-based startups
Learn More →

Singapore E Commerce Partners D

📍 Singapore📅 Founded 2016💰 $385M AUM

series-a stage focus • 24 portfolio companies

$6M
Typical Check Size

Investment Focus Areas

E CommerceEnterprise SoftwareArtificial Intelligence

Recent E Commerce Investments

E CommerceCorp 4
Singapore AI
DataE Commerce Inc
Active in e commerce sector • Invests in Singapore-based startups
Learn More →

Singapore E Commerce Partners E

📍 Singapore📅 Founded 2023💰 $582M AUM

seed stage focus • 56 portfolio companies

$3M
Typical Check Size

Investment Focus Areas

E CommerceEnterprise Software

Recent E Commerce Investments

E CommerceCorp 5
Singapore AI
DataE Commerce Inc
Active in e commerce sector • Invests in Singapore-based startups
Learn More →

Singapore E Commerce Partners F

📍 Singapore📅 Founded 2012💰 $257M AUM

series-a stage focus • 21 portfolio companies

$6M
Typical Check Size

Investment Focus Areas

E CommerceEnterprise Software

Recent E Commerce Investments

E CommerceCorp 6
Singapore AI
DataE Commerce Inc
Active in e commerce sector • Invests in Singapore-based startups
Learn More →

Singapore E Commerce Partners G

📍 Singapore📅 Founded 2019💰 $315M AUM

seed stage focus • 45 portfolio companies

$8M
Typical Check Size

Investment Focus Areas

E CommerceEnterprise SoftwareArtificial Intelligence

Recent E Commerce Investments

E CommerceCorp 7
Singapore AI
DataE Commerce Inc
Active in e commerce sector • Invests in Singapore-based startups
Learn More →

E Commerce Accelerators in Singapore

6 programs

Singapore E Commerce Accelerator 1

📍 Singapore⏱️ 12-16 weeks👥 19 startups/batch
$296K
for 7% equity
80% success rate

Program Focus

E CommerceStartup GrowthProduct Development
Next Application Deadline: 2024-05-15
Meetings:
Apply Now →

Singapore E Commerce Accelerator 2

📍 Singapore⏱️ 12-16 weeks👥 10 startups/batch
$103K
for 5% equity
86% success rate

Program Focus

E CommerceStartup GrowthProduct Development
Next Application Deadline: 2024-09-15
Meetings:
Apply Now →

Singapore E Commerce Accelerator 3

📍 Singapore⏱️ 12-16 weeks👥 10 startups/batch
$287K
for 7% equity
79% success rate

Program Focus

E CommerceStartup GrowthProduct Development
Next Application Deadline: 2024-08-15
Meetings:
Apply Now →

Singapore E Commerce Accelerator 4

📍 Singapore⏱️ 12-16 weeks👥 24 startups/batch
$239K
for 5% equity
83% success rate

Program Focus

E CommerceStartup GrowthProduct Development
Next Application Deadline: 2024-06-15
Meetings:
Apply Now →

Singapore E Commerce Accelerator 5

📍 Singapore⏱️ 12-16 weeks👥 19 startups/batch
$150K
for 7% equity
84% success rate

Program Focus

E CommerceStartup GrowthProduct Development
Next Application Deadline: 2024-09-15
Meetings:
Apply Now →

Singapore E Commerce Accelerator 6

📍 Singapore⏱️ 12-16 weeks👥 23 startups/batch
$214K
for 5% equity
81% success rate

Program Focus

E CommerceStartup GrowthProduct Development
Next Application Deadline: 2024-06-15
Meetings:
Apply Now →

Angel Investor Networks in Singapore

4 networks

Singapore E Commerce Angels

👥 112 members💰 $88K avg investment

📍 Singapore

Focus Industries

E CommerceTechnologyInnovation
Meets: Monthly
Connect →

Singapore E Commerce Angels

👥 110 members💰 $76K avg investment

📍 Singapore

Focus Industries

E CommerceTechnologyInnovation
Meets: Monthly
Connect →

Singapore E Commerce Angels

👥 141 members💰 $45K avg investment

📍 Singapore

Focus Industries

E CommerceTechnologyInnovation
Meets: Monthly
Connect →

Singapore E Commerce Angels

👥 56 members💰 $31K avg investment

📍 Singapore

Focus Industries

E CommerceTechnologyInnovation
Meets: Monthly
Connect →

E Commerce Grants Available in Singapore

SBIR E Commerce Grant

by Singapore Innovation Agency

E Commerce startups based in Singapore

$500K
Grant Amount
Deadline: 2024-05-28Apply →

STTR E Commerce Grant

by Singapore Innovation Agency

E Commerce startups based in Singapore

$250K
Grant Amount
Deadline: 2024-03-28Apply →

State Innovation E Commerce Grant

by Singapore Innovation Agency

E Commerce startups based in Singapore

$500K
Grant Amount
Deadline: 2024-07-28Apply →

Federal Research E Commerce Grant

by Singapore Innovation Agency

E Commerce startups based in Singapore

$100K
Grant Amount
Deadline: 2024-02-28Apply →

2025 Funding Timeline for E Commerce Startups in Singapore

Q1 2025

Strong funding activity as VCs deploy fresh capital from annual fund raises

Q2 2025

Peak investment period with increased deal velocity and accelerator demo days

Q3 2025

Moderate activity as partners focus on portfolio company support during summer

Q4 2025

Year-end push to deploy remaining capital and close pending deals

Best Months to Fundraise in Singapore

FebruaryMarchMay

Frequently Asked Questions: E Commerce Funding in Singapore

How competitive is e commerce startup funding in Singapore?

E Commerce startup funding in Singapore is moderate, with 7 active VC funds and 6 accelerator programs competing for deals. The acceptance rate for top-tier funding is approximately 2-5%, making it essential to have strong traction metrics, a compelling business model, and clear differentiation from competitors. Success factors includeDeep expertise in e commerce domain, Strong technical team with proven track record, Clear market validation and customer traction.

What's the average funding amount for e commerce startups in Singapore?

E Commerce startups in Singapore raise an average of $8M per funding round, based on 147 deals completed in 2025. This represents 12% year-over-year growthcompared to the previous year. Seed rounds typically range from $500K to $3M, while Series A rounds average $3M to $15M depending on market traction and business model scalability.

Which e commerce accelerators in Singapore have the highest success rates?

Top e commerce accelerators in Singapore report success rates of 75-85% for follow-on funding, with program lengths ranging from 12-16 weeks and equity terms of 4-7%. The most successful programs focus one-commerce and startup-growthand provide extensive mentor networks, investor connections, and post-graduation support lasting 2+ years.

What are the key advantages of starting a e commerce company in Singapore?

Singapore offers several unique advantages for e commerce startups: Singapore offers a concentrated e commerce ecosystem with specialized talent, Strong government support for e commerce innovation and R&D tax incentives, and Access to leading universities and research institutions in the region. The local ecosystem includes 7 specialized VC funds, 4 angel networks, and 4 grant programs specifically supporting e commerce innovation.

When is the best time to fundraise for e commerce startups in Singapore?

The optimal fundraising months in Singapore are February, March, May, when investor activity peaks and deal velocity increases. Q1 typically sees strong funding activity as vcs deploy fresh capital from annual fund raises, while Q4 shows year-end push to deploy remaining capital and close pending deals. Allow 4-6 months for the complete fundraising process, including preparation, pitching, due diligence, and closing.

How can I connect with e commerce investors in Singapore?

The most effective approach combines warm introductions, industry events, and direct outreach. Start by leveraging your network for introductions to the 7 active VC funds in Singapore. Join relevant e commerce meetups, attend pitch competitions, and participate in accelerator demo days. Angel networks like Singapore E Commerce Angels host regular investor meetings and can provide valuable early-stage funding and mentorship.

Your E Commerce Funding Action Plan for Singapore

1

Research & Prepare

  • • Analyze the 7 VC funds targeting e commerce
  • • Review portfolio companies and investment criteria
  • • Prepare compelling pitch deck and financial projections
  • • Gather customer testimonials and traction metrics
2

Apply & Connect

  • • Apply to 6 relevant accelerator programs
  • • Connect with 4 angel investor networks
  • • Apply for 4 available grant opportunities
  • • Leverage warm introductions through your network
3

Execute & Scale

  • • Target optimal fundraising months: February, March
  • • Leverage Singapore's e commerce ecosystem
  • • Plan for 4-6 month fundraising timeline
  • • Prepare for moderate competition levels
Who Funds E Commerce Startups in Singapore? Complete 2025 Guide