Lim Jui

Singapore government-owned startup builder and investor SGInnovate announced today that its Board has appointed Lim Jui as its new CEO, effective 1 May 2020.

He will be taking the helm from Steve Leonard, who stepped down as SGInnovate’s founding CEO in January. Leonard announced last month that he will join US-based Singularity University as its CEO.

Dr. Jui has over two decades of experience in innovation, research commercialisation and investment. “I am fortunate to have experienced commercialisation through multiple lenses as an investor, startup CEO, and most recently, seeing through early-stage technology commercialisation. I hope to bring this experience to bear at SGInnovate,” he said.

Also Read: SGInnovate’s Steve Leonard to join Singularity University as its CEO

“I intend to build upon the very considerable successes of SGInnovate by focusing on the deeptech sector, in which Singapore has established competitive advantage and thought leadership, but which remains relatively underfunded. Deeptech startups need more tangible support than others,” he added.  

Yong Ying-I, Chairman, SGInnovate said: “The Board and management are confident that given Jui’s experience in commercialising research and bringing new technologies to international markets, under his leadership, SGInnovate will be able to continue its good work in building and strengthening the Deep Tech ecosystem in Singapore.”

SGInnovate works with local and international partners, including universities, venture capitalists, and major corporations to help technical founders imagine, start and scale globally-relevant early-stage technology companies from Singapore.

Since its launch in 2016, the SGInnovate team has been part of the building and investing in 90 deeptech startups, as well as creating an engaged deep tech community of more than 33,000 people.

The organisation said in a statement that it would continue to work closely with a wide range of partners and co-investors to back entrepreneurial scientists through equity-based investments, access to talent and business-building advice. 

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Image Credit: SGInnovate

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