SINGAPORE – AvePoint, a US cybersecurity company, announced plans to expand its Singapore research and development hub, its Asia headquarters, following its historic dual listing on both the Nasdaq and the Singapore Exchange (SGX).
Dr Jiang Tianyi, co-founder and CEO, highlighted the hub’s significant intellectual property contributions through collaborations with the Singapore government, higher learning institutions, and commercial partners like NTUC LearningHub. He emphasized the importance of workforce upskilling in the AI era and affirmed Singapore as a key location for the company’s ongoing investment and growth.
Since its 2022 setup in Fusionopolis, the hub will grow its employee count from about 300 to 500 by 2026. AvePoint’s shares debuted on SGX at $20.20 on September 19, closing slightly lower at $19.70, with strong institutional demand evident from a threefold oversubscription of the offer.
Founded in 2001 in New Jersey, AvePoint helps over 25,000 customers worldwide safeguard their digital assets across platforms like Microsoft, Google, and Salesforce. The company reported a 31% revenue jump to US$102 million in Q2 2025, reversing a prior loss to earnings of US$2.7 million, with Singapore operations contributing 13% of global revenue.
Dr Jiang noted that while AvePoint’s SGX listing wasn’t driven by Singapore’s Equity Market Development Programme, announced earlier in 2025, the initiative could encourage more companies to list locally, supporting SGX’s growth prospects. AvePoint is among 29 companies with secondary listings on SGX, signaling confidence in Singapore’s capital markets and governance reputation.