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Singapore Most Innovative Companies (Updated 2024​)

Singapore has rapidly climbed in the Global Innovation Index—from 10th place in 2015 to 5th in 2023—cementing its leadership in Southeast Asia. As a hub of innovation and technology, Singapore is not just keeping up but setting new standards.

Join us as we explore what’s fueling Singapore’s innovation boom in 2023. From groundbreaking inventions to strategic intellectual property moves, discover which visionary leaders are propelling Singapore’s surge in innovation.

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Insights & Analysis:-

Tech Innovators Lead

      • Grab Holdings dominates with 205 patents, underscoring its pivotal role in revolutionizing transportation services and logistics in Southeast Asia.
      • Garena (42 patents) and Razer Asia Pacific (18 patents) showcase significant contributions to the gaming and digital entertainment sectors.

Diverse Sector Representation

    • Healthcare and Medical Technology:
      • SingHealth (130 patents) and Tan Tock Seng Hospital (23 patents) highlight the continuous innovation in patient care and medical services.
      • AWAK Technologies (30 patents) and Menicon Singapore (15 patents) focus on advanced medical devices and vision care solutions.
    • Jewelry and Luxury Goods:
      • SK Jewelry (76 patents) and Love & Co (59 patents) reflect strong innovation in luxury jewelry design and manufacturing.

Biotechnology and Pharmaceuticals Focus

      • ASLAN Pharmaceuticals (34 patents) and JAGUAHR Therapeutics (9 patents) underscore the sector’s importance in developing novel therapeutic solutions.
      • Xylonix (11 patents) and The Biofactory (11 patents) contribute to biotechnological advancements and medical research.

Emerging Technologies and Sustainability

      • Greenphyto (9 patents) and Zero2 5 Biotech (10 patents) emphasize innovations in agritech and sustainable biotechnology.
      • Igloohome (8 patents) leads in smart home solutions with its innovative smart locks and access systems.

Future Direction of Innovation

    • Autonomous Solutions:
      • LionsBot (12 patents) leads in autonomous cleaning robots, pointing to the future of automated cleaning technologies.
    • Environmental and Maritime Technologies:
      • Ame2 (8 patents) focuses on maritime and environmental energy solutions, reflecting advancements in sustainable maritime technologies.

 

A*STAR, National University of Singapore, and Nanyang Technological University are dominating the patent scene, showcasing academia’s vital role in driving research and innovation. Scroll down to discover other universities filing patents in Singapore!

Which Universities and colleges have filed the most patents in Singapore in 2023?

Here is a list of top universities and colleges that have filed patents in Singapore for the year 2023:

RankAcademiaPatent Count
1Agency For Science, Technology & Research (A*STAR)692
2National University Of Singapore677
3Nanyang Technological University408
4National University Hospital76
5Singapore University Of Technology And Design51
6Massachusetts Institute of Technology18
7Temasek Polytechnic15

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Our comprehensive report provides an in-depth look into the patent portfolio. The report includes a breakdown of the patent portfolio across various technologies, listing the patent along with brief summaries of each patent's technology.