Singapore's ST Engineering to Scout for Israeli Startups

Singapore-based ST Engineering, incorporated as Singapore Technologies Engineering Ltd., has partnered with government investment arm the Israel Innovation Authority (IIA) to identify and scout for Israeli startups in the fields of smart mobility, security, and environmental protection, the parties announced Sunday.

Per the agreement, IIA will provide funding for the selected startups while ST Engineering will offer support for research and development, testing, marketing, and global expansion.