Horizon3 Expands in Singapore With EDBI, SG Growth Capital

Horizon3.ai is expanding in Singapore, and it's doing so with two new investors on board: EDBI and SG Growth Capital.

The deal, reported by Pulse 2.0, marks the cybersecurity company's formal push into the Singapore market. EDBI is the corporate investment arm of Singapore's Economic Development Board. SG Growth Capital is a growth-stage investor focused on the region.

Who's putting money in?

The investment round includes:

• EDBI, the investment vehicle tied to Singapore's Economic Development Board, which typically backs companies establishing or scaling operations in the city-state
• SG Growth Capital, a growth investor with a regional Southeast Asia mandate

The source report did not disclose the round's size, valuation or the split between the two investors.

What does this mean for Horizon3?

For Horizon3, the Singapore expansion signals a bet on Southeast Asian demand for its security products. Local backing from EDBI — an entity linked directly to Singapore's economic policymakers — often accompanies companies building substantive local operations rather than thin sales outposts.

The move also gives Horizon3 two anchors with regional networks, which matters in a market where enterprise cybersecurity purchasing runs heavily through established government and corporate relationships.

What we don't know yet

The report leaves key deal terms open. No funding amount, no valuation and no headcount plans for the Singapore office appear in the announcement as covered.

What's confirmed is direction: Horizon3 is committing capital and partner capital to Singapore, with two institutional names attached. Whether that translates into a regional headquarters or a first beachhead beyond sales coverage will show up in the company's next set of hiring and product announcements.