Singapore is no longer just a gateway to Asia — in 2024, it’s become a powerhouse of innovation. Ranked 4th globally in the Global Innovation Index, the nation has surged ahead thanks to bold investments in AI, advanced manufacturing, and deep-tech R&D.
Global giants are taking note: Amazon is investing S$12 billion in cloud infrastructure, and OpenAI has chosen Singapore for its Asia-Pacific hub. This momentum is mirrored in the patent landscape. From AI and biotech to clean energy, Singaporean companies and universities are filing patents at record pace.
This report spotlights the top domestic companies of 2024, tracks growth since 2023, and reveals the key domestic universities shaping the nation’s innovation future.
Top Leading Singaporean Companies in 2024
| Rank | Company | Patent Published in 2024 | Patent Published in 2023 | YoY Change(%) |
|---|---|---|---|---|
| Grabtaxi Holdings | 45 | 68 | -0.338235 | |
| SK Jewelry | 27 | 76 | -0.644737 | |
| Moneymax Jewellery | 21 | 0 | – | |
| Renewable Energy Corporation | 20 | 7 | 1.857143 | |
| Closet Full Of Bags | 19 | 20 | -0.05 | |
| Aspial Lifestyle Jewellery | 11 | 21 | -0.47619 | |
| Lionsbot International | 9 | 3 | 2 | |
| Garena | 9 | 5 | 0.8 | |
| Wilmar International | 7 | 1 | 6 | |
| Sintree Tech | 6 | 30 | -0.8 | |
| Secretlab | 6 | 3 | 1 | |
| Singapore Polytechnic | 4 | 2 | 1 | |
| reXtore | 4 | 0 | – | |
| MiRXES | 4 | 0 | – | |
| TPB Collective Pte Ltd | 3 | 3 | 0 | |
| Singapore Gler Tech Dev Pte Ltd | 3 | 0 | – | |
| iGreen | 3 | 4 | -0.25 | |
| Shopee Ip Singapore Pte Ltd | 2 | 5 | -0.6 | |
| Scorpio Electric | 2 | 2 | 0 | |
| Mytepro Technology | 2 | 0 | – | |
| My Digital Lock Pte Ltd | 2 | 0 | – | |
| Menicon Singapore | 2 | 1 | 1 | |
| Maerich Pte Ltd | 2 | 0 | – | |
| Lucky Enterprises Singapore | 2 | 0 | – | |
| Love & Co | 2 | 59 | -0.966102 | |
| KORBETT | 2 | 0 | – | |
| Instad Pre Fabrication | 2 | 0 | – | |
| GLC Recycle | 2 | 0 | – | |
| Fitson | 2 | 1 | 1 | |
| Ava Facade Technology | 2 | 0 | – | |
| Wilmar Trading | 1 | 0 | – | |
| Venti Tech | 1 | 0 | – | |
| Ventas Bio | 1 | 0 | – | |
| The Kinetic Option | 1 | 0 | – | |
| Structo 3D | 1 | 0 | – | |
| Sodion Energy | 1 | 0 | – | |
| Sivantos Group | 1 | 0 | – | |
| ShopBack | 1 | 0 | – | |
| PROX SG Pte Ltd | 1 | 0 | – | |
| Poly-Line Pte Ltd | 1 | 0 | – | |
| PCI Pte Ltd | 1 | 1 | 0 | |
| Oyika | 1 | 4 | -0.75 | |
| Lam Soon Singapore | 1 | 0 | – | |
| Histoindex | 1 | 1 | 0 | |
| Float Foods | 1 | 3 | -0.666667 | |
| DigitalBuild | 1 | 0 | – | |
| Alaska Pte Ltd | 1 | 1 | 0 | |
| AdvanIDe Holding | 1 | 0 | – | |
| Experloop Technology | 0 | 1 | -1 | |
| Asia Pacific Resources International | 0 | 2 | -1 |
Singapore’s corporate innovation scene in 2024 tells a story of two contrasting forces: established leaders adjusting their strategies and a surge of agile newcomers stepping into the spotlight. Grabtaxi Holdings remains at the forefront with 45 patents, but its 33.82% drop in filings from 2023 hints at a maturing phase or a deliberate consolidation of IP assets. Despite this decline, Grab continues to lead by innovating with AI-powered tools for drivers and merchants and expanding its patent reach beyond Southeast Asia through partnerships with OpenAI and Anthropic. (Source)
Meanwhile, lesser-known players are making bold moves. Renewable Energy Corporation surged ahead with a remarkable 185.71% increase in patent filings, reflecting Singapore’s growing commitment to clean technology. Similarly, Lionsbot International, famed for its smart cleaning robots, tripled its patent output, aligning with global trends in robotics and automation. These trends suggest a broader shift where deep-tech and green innovation are rapidly overtaking traditional sectors like luxury and lifestyle—illustrated by significant patent declines from brands such as SK Jewelry and Aspial Lifestyle Jewellery.
Behind every breakthrough in Singapore, there’s an inventor making it happen. Check out our Top 50 Inventors in Singapore and discover the minds reshaping industries, both domestically and globally.
Among the top 50 companies, a fascinating detail stands out: over one-third filed just two or fewer patents, yet several posted impressive year-on-year growth of 100% or more. This pattern reveals not only consistent IP activity but also a strategic resurgence in innovation, likely fueled by fresh R&D funding or breakthrough technologies. Notably, 20 start-ups within this group are driving dynamic patent growth, underscoring the critical role emerging companies play in shaping Singapore’s evolving innovation landscape.
| Start-up | Founded Year | Patent Count in 2024 |
| Closet Full Of Bags | 2021 | 19 |
| Lionsbot International | 2018 | 9 |
| Sintree Tech | 2022 | 6 |
| reXtore | 2021 | 4 |
| iGreen | 2021 | 3 |
| Singapore Gler Tech Dev Pte Ltd | 2022 | 3 |
| TPB Collective Pte Ltd | 2016 | 3 |
| GLC Recycle | 2022 | 2 |
| Love & Co | 2017 | 2 |
| Lucky Enterprises Singapore | 2020 | 2 |
| Shopee Ip Singapore Pte Ltd | 2015 | 2 |
| Alaska Pte Ltd | 2018 | 1 |
| DigitalBuild | 2020 | 1 |
| Float Foods | 2020 | 1 |
| Oyika | 2018 | 1 |
| Sodion Energy | 2020 | 1 |
| The Kinetic Option | 2022 | 1 |
| Ventas Bio | 2020 | 1 |
| Venti Tech | 2018 | 1 |
But innovation in Singapore isn’t confined to boardrooms and product labs alone. As we shift focus, the story gets even more exciting — academia is now stepping into the ring. The next section highlights the key domestic universities that are actively contributing to Singapore’s patent landscape, proving that the nation’s IP momentum is increasingly fueled by collaboration between industry and education.
Which Universities Are Driving Innovation in Singapore Through Patents in 2024?
| University | Patents |
| National University Of Singapore | 85 |
| Nanyang Technological University | 50 |
| Singapore University Of Technology And Design | 8 |
| National University Hospital (Singapore) Pte Ltd | 6 |
| Singapore Polytechnic | 3 |
| Research Institute Of Aluminium Structural Engineering (Singapore) Limited | 2 |
Singapore’s academic institutions are increasingly at the forefront of innovation, as evidenced by their patent activities in 2024. Leading the charge, the National University of Singapore (NUS) filed 85 patents, reflecting its commitment to cutting-edge research. Notably, NUS researchers developed a novel technology to map complex protein interactions, aiming to enhance cancer diagnostics and therapies, with two patents filed for this breakthrough. (Source)
The Singapore University of Technology and Design (SUTD) contributed with 8 patents, and more than a quarter of its faculty were recognized among the top 2% of most-cited scientists worldwide in 2023. (Source) This surge in academic patenting underscores the pivotal role of universities in Singapore’s innovation ecosystem.
Building upon this, the next section will spotlight the individual inventors driving these advancements, highlighting the top 25 patent filers in Singapore for 2024.
Which Inventors Are Shaping Singapore’s Tech Future in 2024?
| Inventor | Associated Company | Patent Count |
| Dylan Ng Terntzer | Lionsbot International | 5 |
| Mohan Rajesh Elara | Lionsbot International | 5 |
| Cheng He | MiRXES | 4 |
| Harold Teo Ron Han | Garena | 4 |
| Sridhara Shankar Gauri | Renewable Energy Corporation | 4 |
| Varadarajan Jagannadan | Grabtaxi Holdings | 4 |
| Zou Ruiyang | MiRXES | 4 |
| Chen Yang | MiRXES | 3 |
| Ding Chunda | Grabtaxi Holdings | 3 |
| Du Qingqing | MiRXES | 3 |
| Guo Hui | MiRXES | 3 |
| Huang Xiaocheng | Grabtaxi Holdings | 3 |
| Lin Jun Jie Larry | Grabtaxi Holdings | 3 |
| Munirul Abedin | Grabtaxi Holdings | 3 |
| Subramani Thiyagu | Renewable Energy Corporation | 3 |
| Wang Guanfeng | Grabtaxi Holdings | 3 |
| Weng Renrong | Grabtaxi Holdings | 3 |
| Yang Liuqin | Grabtaxi Holdings | 3 |
| Zhang Nan | MiRXES | 3 |
| Adrian-Ioan Margin | Grabtaxi Holdings | 2 |
| Andersson Bjorn | Renewable Energy Corporation | 2 |
| Andrei Georgescu | Grabtaxi Holdings | 2 |
| Boh Gee Fang | Wilmar International | 2 |
| Chay Wai Peng Benjamin | Lionsbot International | 2 |
| Dai Chengcheng | Grabtaxi Holdings | 2 |
Singapore’s innovation landscape in 2024 is being shaped by a dynamic cohort of inventors driving advancements across diverse sectors. Leading the pack are Dylan Ng Terntzer and Mohan Rajesh Elara from Lionsbot International, each with five patents, underscoring the company’s commitment to robotics and automation.
MiRXES, a biotech firm specializing in RNA-based diagnostics, boasts multiple inventors like Cheng He and Zou Ruiyang, each contributing four patents. The company’s focus on early cancer detection has garnered significant attention, culminating in a recent IPO in Hong Kong to raise HK$1.09 billion (S$181 million) for further expansion. (Source) Meanwhile, Renewable Energy Corporation’s inventors, including Sridhara Shankar Gauri, are making strides in sustainable energy solutions.
This surge in inventor activity across sectors highlights Singapore’s multifaceted technological growth. In the following section, we delve into the specific technology areas these patents encompass, offering insights into the nation’s strategic innovation priorities.
What Technologies Are Driving Singapore’s Patent Activity in 2024?
Singapore’s 2024 patent activity offers a refreshing — and at times unexpected — view of its innovation priorities. While AI or biotech might seem like the obvious leaders, it’s Luxury & Precious Goods and Fashion Accessories that top the list, led by companies blending traditional craftsmanship with modern technologies. At the same time, areas such as Software, Cloud Technologies, Biotech, and Energy Systems are showing steady growth, in step with national efforts to invest in digital infrastructure and sustainable development.
Even where filing volumes are lower, domains like AI & Machine Learning, Battery Tech, and Environmental Tech point to a calculated shift toward long-term, future-facing innovation. Together, these patterns reveal a maturing ecosystem — one that values both cultural identity and technological ambition.
From corporate boardrooms to university labs, Singapore’s 2024 patent landscape reflects a quiet but decisive evolution. Established players are giving way to agile challengers, academic institutions are stepping up with commercially relevant IP, and inventors are pushing boundaries in diagnostics, robotics, and clean energy. It’s this ability to grow deep in emerging tech while staying broad across sectors that continues to set Singapore apart on the global innovation stage.