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- Complementing this, a S$2 million pilot with Stanford University gives NUS students hands-on experience in international teams to co-create and prototype solutions to real-world industry challenges
SINGAPORE, Sept. 19, 2025 /PRNewswire/ -- NUS Enterprise, the entrepreneurial heart of the National University of Singapore (NUS), announced two major co-investment partnerships and an international education initiative to strengthen Singapore's role as a global innovation hub for deep tech. The announcements were made at the opening of the revitalised i3 building, the new nucleus of NUS innovation, on 16 September 2025.
Expanding capital and partnerships for deep tech ventures
NUS Enterprise launched a new co-investment framework with SG Growth Capital, the strategic investment platform of the Singapore Economic Development Board (EDB) and Enterprise Singapore (ESG), to channel greater capital into deep tech start-ups and selected venture capital (VC) funds. The investment amount into a VC fund would match NUS Enterprise's investment depending on SG Growth Capital's evaluation of the fund.
In a parallel move, NUS Enterprise signed a S$20 million (approximately US$16 million) co-investment agreement with Lotus One Investment Pte Ltd, part of the Lotus Singapore Group, to jointly support both NUS spin-offs and VC funds. Profits from these collaborations will be significantly reinvested to strengthen NUS Enterprise's innovation and entrepreneurship programmes, further amplifying impact.
Together, these initiatives will provide greater support for NUS-affiliated start-ups and broaden co-investments in VC funds, complementing the S$150 million (US$116 million) NUS VC Programme launched in July 2025. (Refer to the annexe for partners' quotes.)
"NUS is committed to creating stronger pathways for deep tech start-ups to succeed," said Professor Tan Eng Chye, NUS President. "These partnerships give our ventures greater access to capital, networks, and expertise, while reinforcing NUS' role in advancing deep tech innovation and contributing to a vibrant start-up ecosystem in Singapore, the region, and globally."
"With the support of SG Growth Capital and Lotus One Investment, deep tech ventures in the NUS ecosystem gain access to global expertise, quality capital, and expansive networks," said Dr Tan Sian Wee, NUS Senior Vice President (Innovation and Enterprise). "These partnerships strengthen our integrated ecosystem - uniting education, research, and venture creation - to attract outstanding talent and nurture start-ups that deliver innovation with lasting global impact."
Global learning opportunities with Stanford University
Complementing these capital partnerships, NUS Enterprise announced a S$2 million (US$1.5 million) pilot collaboration with Stanford University, made possible through a donation from the Khetan Foundation. The NUS-Stanford Khetan Foundation Launch Pad will give students from the NUS College of Design and Engineering hands-on experience in international teams, co-creating and prototyping solutions to real-world industry challenges. Guided by faculty from both universities, students will collaborate with partners such as Meta and Venture Corporation, gaining practical exposure while sharpening cross-border innovation skills.
This initiative builds on the NUS Overseas Colleges (NOC) programme in the US and BLOCK71 Silicon Valley, creating more opportunities for entrepreneurs to scale their innovations within NUS Enterprise's global ecosystem. Established in 2002, NOC has nurtured entrepreneurial mindsets by immersing students in top innovation hubs worldwide. Complementing this, BLOCK71 Silicon Valley serves as a launchpad for start-ups, connecting them with universities, corporates, and investors across the US and Singapore as part of NUS Enterprise's global network of 11 physical accelerators.
The NUS Enterprise flywheel
Under Dr Tan's leadership, NUS Enterprise has built a "flywheel" that unites education, research, venture creation, and capital. By nurturing talent and accelerating start-ups, each success attracts investment, creates jobs, and delivers real-world impact - momentum that in turn draws fresh talent and resources to power the next wave of innovation.
i3 as a hub for entrepreneurship
At its core, NUS Enterprise supports the founders, innovators, and risk-takers who drive change through its integrated focus on education, ecosystem and research, and venture building and investing. "i3 is the nexus on which the NUS Enterprise flywheel spins. It brings together all the pieces in the ecosystem, fuelling the momentum to drive global impact and Singapore's entrepreneurial success," said Dr Tan.
For media enquiries, please contact:
For NUS Enterprise (APRW on behalf of NUS Enterprise):
Bijal Doshi
+65 9754 7691
bijal@aprw.asia
Aye Mya Mya Toe (Mya)
+65 9237 4813
mya@aprw.asia
- Complementing this, a S$2 million pilot with Stanford University gives NUS students hands-on experience in international teams to co-create and prototype solutions to real-world industry challenges
SINGAPORE, Sept. 19, 2025 /PRNewswire/ -- NUS Enterprise, the entrepreneurial heart of the National University of Singapore (NUS), announced two major co-investment partnerships and an international education initiative to strengthen Singapore's role as a global innovation hub for deep tech. The announcements were made at the opening of the revitalised i3 building, the new nucleus of NUS innovation, on 16 September 2025.
Expanding capital and partnerships for deep tech ventures
NUS Enterprise launched a new co-investment framework with SG Growth Capital, the strategic investment platform of the Singapore Economic Development Board (EDB) and Enterprise Singapore (ESG), to channel greater capital into deep tech start-ups and selected venture capital (VC) funds. The investment amount into a VC fund would match NUS Enterprise's investment depending on SG Growth Capital's evaluation of the fund.
In a parallel move, NUS Enterprise signed a S$20 million (approximately US$16 million) co-investment agreement with Lotus One Investment Pte Ltd, part of the Lotus Singapore Group, to jointly support both NUS spin-offs and VC funds. Profits from these collaborations will be significantly reinvested to strengthen NUS Enterprise's innovation and entrepreneurship programmes, further amplifying impact.
Together, these initiatives will provide greater support for NUS-affiliated start-ups and broaden co-investments in VC funds, complementing the S$150 million (US$116 million) NUS VC Programme launched in July 2025. (Refer to the annexe for partners' quotes.)
"NUS is committed to creating stronger pathways for deep tech start-ups to succeed," said Professor Tan Eng Chye, NUS President. "These partnerships give our ventures greater access to capital, networks, and expertise, while reinforcing NUS' role in advancing deep tech innovation and contributing to a vibrant start-up ecosystem in Singapore, the region, and globally."
"With the support of SG Growth Capital and Lotus One Investment, deep tech ventures in the NUS ecosystem gain access to global expertise, quality capital, and expansive networks," said Dr Tan Sian Wee, NUS Senior Vice President (Innovation and Enterprise). "These partnerships strengthen our integrated ecosystem - uniting education, research, and venture creation - to attract outstanding talent and nurture start-ups that deliver innovation with lasting global impact."
Global learning opportunities with Stanford University
Complementing these capital partnerships, NUS Enterprise announced a S$2 million (US$1.5 million) pilot collaboration with Stanford University, made possible through a donation from the Khetan Foundation. The NUS-Stanford Khetan Foundation Launch Pad will give students from the NUS College of Design and Engineering hands-on experience in international teams, co-creating and prototyping solutions to real-world industry challenges. Guided by faculty from both universities, students will collaborate with partners such as Meta and Venture Corporation, gaining practical exposure while sharpening cross-border innovation skills.
This initiative builds on the NUS Overseas Colleges (NOC) programme in the US and BLOCK71 Silicon Valley, creating more opportunities for entrepreneurs to scale their innovations within NUS Enterprise's global ecosystem. Established in 2002, NOC has nurtured entrepreneurial mindsets by immersing students in top innovation hubs worldwide. Complementing this, BLOCK71 Silicon Valley serves as a launchpad for start-ups, connecting them with universities, corporates, and investors across the US and Singapore as part of NUS Enterprise's global network of 11 physical accelerators.
The NUS Enterprise flywheel
Under Dr Tan's leadership, NUS Enterprise has built a "flywheel" that unites education, research, venture creation, and capital. By nurturing talent and accelerating start-ups, each success attracts investment, creates jobs, and delivers real-world impact - momentum that in turn draws fresh talent and resources to power the next wave of innovation.
i3 as a hub for entrepreneurship
At its core, NUS Enterprise supports the founders, innovators, and risk-takers who drive change through its integrated focus on education, ecosystem and research, and venture building and investing. "i3 is the nexus on which the NUS Enterprise flywheel spins. It brings together all the pieces in the ecosystem, fuelling the momentum to drive global impact and Singapore's entrepreneurial success," said Dr Tan.
For media enquiries, please contact:
For NUS Enterprise (APRW on behalf of NUS Enterprise):
Bijal Doshi
+65 9754 7691
bijal@aprw.asia
Aye Mya Mya Toe (Mya)
+65 9237 4813
mya@aprw.asia
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
NUS Enterprise drives global innovation and deep tech growth through a new co-investment framework with SG Growth Capital and Lotus One Investment
SINGAPORE, Jan. 14, 2026 /PRNewswire/ -- OMOWAY, a pioneer in two-wheeled smart mobility, has successfully closed consecutive Pre-A and Pre-A+ funding rounds, raising tens of millions of US dollars. The investment was led by HONGSHAN and ROCKET CAPITAL, with continued co-investment from existing backers including ZhenFund, Hui Capital, and founder Todd He.
The funding will support the mass production and delivery of OMOWAY's flagship product, the OMO X, continued development of its core intelligent technologies, and global market expansion.
One of OMOWAY's key innovations lies in bringing self-balancing technology from prototype to mass production. By deeply integrating software control, AI algorithms, and electronic architecture, the OMO X enables smooth, almost imperceptible balance assistance at low speeds. Riders can remain stable during stop-and-go traffic without putting their feet down, significantly lowering the learning curve and reducing fatigue.
With its flagship OMO X completing pre-production validation and entering the final stages of strategic preparation for commercial launch, OMOWAY is set to become the world's first company to mass-produce and deliver a self-balancing smart electric motorcycle.
OMOWAY positions the OMO X as a new category of intelligent two-wheelers. By combining its self-balancing system with AI-based perception, the vehicle can detect potential risks, issue safety alerts, intervene when necessary, and maintain stability in low-speed scenarios such as hill-hold control. The company refers to this evolution as the shift from a traditional motorcycle to a "MotoRobot."
The OMO X will launch first in Indonesia. OMOWAY has partnered with more than ten local distributors, establishing a foundation for entry into one of the world's most demanding motorcycle markets. "Established local dealers know exactly what the market needs," remarked Yulong Chen, General Manager of OMOWAY Indonesia.
Designed for global use from day one, OMOWAY sees Southeast Asia as a key region for real-world rollout. Through continuous iteration in real-world use, the company aims to deliver safer, smarter, and more comfortable two-wheeled mobility worldwide.
About OMOWAY:
OMOWAY is a global intelligent technology company dedicated to innovating full-stack, self-developed auto-grade technologies for the two-wheeler sector and beyond. Driven by user-centric design, OMOWAY is committed to creating a new generation of smart mobility solutions that are smarter, safer, and more comfortable.
To date, OMOWAY has secured tens of millions of dollars in funding from prestigious investors including HongShan, ZhenFund, and HUI Capital.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
OMOWAY Raises Eight-Figure USD to Scale the World's First Mass-Produced Self-Balancing E-Motorcycle
