Mach49 has joined the Economic Development Board (EDB) of Singapore’s Corporate Venture Launchpad (CV Launchpad) to build new ventures that drive growth for Singapore’s largest businesses.
The recent announcement comes as Asian corporations create new growth and keep ahead of disruption through building new ventures. Participation in this S$10 million pilot program will bolster surging momentum in the Singaporean market, of which Mach49 has been an active member of for the past several years. Companies such as TDK Corporation, Mitsubishi Electric, and ST Engineering trust the Mach49 methodology and team to build new businesses and corporate venture capital funds that leverage their Mothership advantage.
At Mach49, we are 100% focused on execution, and we advance corporate knowledge sharing with our teachable and repeatable methodology. Our participation in EDB’s year-long program further highlights the importance of our unique methodology that has led to an over 90% success rate for the new ventures we have incubated with our clients. We were selected due to our team’s extensive experience building businesses with Global 1000 companies and our unique approach to the venture building process.
We will bring our globally-tested methodology to the program and our team of successful serial entrepreneurs, top-tier VCs, and C-Suite executives who have collectively created over $50 billion in market value in companies we have invested in, created, managed, or built. Our participation in the program will bring a unique art and science approach to the venture-building process, which will further our expansion into Singapore.
Our key venture building clients in Asia rely on our methodology to launch new ventures that are able to transition from idea to fundable venture in mere weeks.
We look forward to continuing to grow our clients and impact in Singapore. Please get in touch if you would like to build ventures in APAC with us or would like to join our growing team in Singapore.