Top 8 Funded GreenTechs In Singapore 2022
Singapore has created a vibrant ecosystem to nurture and develop technology-based startup enterprises. It is ranked as the fourth-best startup ecosystem in Asia, according to one source, behind Beijing, Shanghai, and Tokyo. Globally it is ranked 17th. As a result, the city-state provides a good example of what comprises a supportive ecosystem and the functions of the key players.
This article showcases our top picks for the best Singapore based GreenTech (CleanTech) companies. These startups and companies are taking a variety of approaches in innovating the GreenTech industry, but are all exceptional companies well worth a follow.
SWAT Mobility’s vehicle-routing technology helps companies, transport operators, and government agencies around the world solve complex transportation challenges.
They are the first in Asia to run high-capacity vehicle pooling services that are both on-demand and dynamically routed. SWAT Technologies also have proven results in helping our clients reduce transportation costs, improve city connectivity, and reduce traffic congestion woes.
During its first six months, the Singapore-based company focused on developing an algorithm that calculates the fastest route for multi-destination bus trips in a certain area. SWAT’s algorithm can pool users’ demands in real-time and calculate the most efficient routes for picking up and dropping off passengers, Ong explained. It provides drivers with better coordinates to avoid congested roads compared to Google Maps or Waze, also saving on gasoline costs. Passengers, instead, can set their pickup and drop-off locations on the app based on the routes provided by the algorithm, and can also check buses’ real-time arrival times.