Temasek Holdings

Temasek seeks emerging tech in China as it halts internet investments

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 t

Investors are doubling down on Southeast Asia’s digital economy

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 in 2015.

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

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

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 Day. Milk sub

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

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, Maryland, the New York-

India’s Zomato raises $62 million from Temasek

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 Te

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

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 by sovereign wealth fund Tema

On-demand workspace platform Breather taps new CEO

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 di

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

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 prestigio

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

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 Syg

Eight Roads Ventures targets Southeast Asia deals

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 has funds

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

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 the summer, as TechCrunch rep

Singapore sovereign fund Temasek takes stake in tech events firm Unbound

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 s

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

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 backed India’s Pine La

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

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 for investment.

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

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 t

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

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 financing, led by Se

ClassPass plans launch in 10 new cities

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, interested

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

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

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

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 ba