Founded by US/Japanese entrepreneur and venture capitalist Joichi Ito, Neoteny Labs intends to incubate and invest in early-stage startups across Asia, and has selected Singapore to set up its first incubator.

Selected as one of seven technology incubators to participate in the S$50 million National Research Foundation (NRF) Technology Incubation Scheme (TIS), Neoteny Labs is on track to commence operations in Q1 2010.

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