Singapore robotics startup Kabam to shut down operations next month

Kabam, a Singapore-based security robotics company, has announced it will wind down operations effective November 20. The firm was among the inaugural cohort of six companies selected to participate in RoboNexus, the city-state's flagship robotics accelerator programme designed to nurture local innovation in the sector.

The RoboNexus programme, launched to position Singapore as a regional hub for robotics development, provided early-stage support to startups working on autonomous and robotic solutions. Kabam's participation underscored the programme's focus on fostering technological advancement in security and surveillance applications.

The closure represents a setback for the startup ecosystem, though it reflects the broader challenges facing early-stage robotics ventures in scaling operations and achieving commercial viability. Details regarding the company's assets, intellectual property, or future plans for its technology remain unclear at present.

The shutdown comes as Singapore continues to invest heavily in robotics and automation technologies to address labour shortages and drive productivity gains across various industries.