Temasek Holdings

China’s sweeping clampdown on its internet industry has chilled investors and startups betting on once red-hot areas like games and e-commerce. But investors aren’t slowing their pace in the country.…

Temasek seeks emerging tech in China as it halts internet investments

Southeast Asian tech companies are drawing the attention of investors around the world. In 2020, startups in the region raised over $8.2 billion, about four times more than they did…

Investors are doubling down on Southeast Asia’s digital economy

The $9 trillion financial management firm Blackrock is collaborating with the $313 billion Singapore investment firm Temasek to back companies developing technologies and services to help create a zero-emission economy…

Temasek and BlackRock form Decarbonization Partners with $600 million to create a zero-emission economy

Bob Iger, the chairman and former chief executive at Walt Disney, is trading his mouse ears for milk substitutes as the new director of massively funded dairy replacement startup Perfect…

Bob Iger goes from managing Mickey to directing a milk replacement startup as new Perfect Day boardmember

Bowery Farming has added to its executive team as it expands its retail footprint to 650 stores, the company said. From three indoor farms in Kearny, New Jersey and Nottingham,…

Bowery Farming adds executives as it expands to sell produce in 650 stores

Indian food delivery startup Zomato has raised $62 million from Temasek, resuming a financing round that it originally expected to close in January this year. Singapore’s state investment arm Temasek…

India’s Zomato raises $62 million from Temasek

Tis the season to be raising in India and Southeast Asia. Hot on the heels of new funds from Strive and Jungle Ventures, so Singapore’s Vertex Ventures, a VC backed…

Vertex Ventures hits $230M first close on new fund for Southeast Asia and India

Breather, the platform that provides on-demand private workspace, announced today that it has appointed Bryan Murphy as its new CEO. Before joining Breather, Murphy was the founder and president of…

On-demand workspace platform Breather taps new CEO

An intriguing new startup is out from under the radar in Southeast Asia after BasisAI, a Singapore-based company, revealed itself this week. The startup disclosed a seed investment from two prestigious…

BasisAI, a Singapore startup from Bay Area returnees, comes out of stealth with impressive creds

Temasek, the Singaporean government-controlled company that is one of the world’s biggest investors, is today announcing an acquisition to beef up its cybersecurity business. It is acquiring Sygnia, a startup…

Temasek acquires Sygnia, an Israeli cybersecurity startup, for $250M

Eight Roads Ventures, the investment arm of financial giant Fidelity International, is moving into Southeast Asia where it sees the potential to plug the later stage investment gap. The firm…

Eight Roads Ventures targets Southeast Asia deals

Singapore’s Golden Gate Ventures has announced the close of its newest (and third) fund for Southeast Asia at a total of $100 million. The fund hit a first close in…

Golden Gate Ventures closes new $100M fund for Southeast Asia

Media exits happen, but typically you don’t hear of tech events companies being sold. Well, that’s the case in Singapore where SingEx — a subsidiary of the country’s Temasek sovereign wealth…

Singapore sovereign fund Temasek takes stake in tech events firm Unbound

Fresh from agreeing its largest acquisition to date with a deal to buy European payment firm iZettle for $2.2 billion, PayPal is on the investment hunt once again after it…

PayPal and Singapore’s Temasek invest $125M in Indian payment startup Pine Labs

Vertex Ventures, one of the VC funds linked to Singapore’s sovereign fund Temasek, has closed its third investment fund for Southeast Asia and India with a total of $210 million…

Vertex Ventures closes new $210M fund for Southeast Asia and India

Investors may not be done shoveling money into Magic Leap’s augmented reality ambitions quite yet. The Plantation, Florida-based startup is reportedly in talks with Singapore-based Temasek Holdings to raise upwards of $500…

Magic Leap reportedly looking to raise even more cash, this time at a $6 billion valuation

A lot of money is being poured into genomics lately, including the genomic information company WuXi NextCODE (WXNC), which just announced it has closed on $240 million in Series B…

WuXi NextCODE aims for the genomics database “gold standard” with new $240 million

ClassPass, the subscription service that lets you work out where you want, when you want, has today announced that it’s launching in 10 new cities across North America. In September,…

ClassPass plans launch in 10 new cities

Impossible Foods, the six-year-old, Redwood City, Ca.-based company known for its “juicy” meatless burgers, quietly announced $75 million in funding late last week, led by Temasek, with participation from Open…

Impossible Foods just raised $75 million for its plant-based burgers

Temasek, Singapore’s state-owned investment firm, has jumped into China’s on-demand cycle war after it backed Mobike. China’s ride-sharing war is last year’s news. The big battle between Uber and Didi Chuxing is…

Temasek jumps into China’s bike-rental startup war with investment in Mobike