Government · 13 deals
Singapore
Every published round Temasek took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
Companies Temasek has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Allay Therapeutics | 16 Sep 2021, Series C | 1 | 0 | |
| Betashares | Jun 2024 | 1 | 0 | |
| Immutable | 8 Mar 2022, Series C | 2 | 2 | |
| Impossible Foods | 15 May 2019, Series D+ | 1 | 1 | |
| Living Carbon | Oct 2023, Series A | 1 | 1 | |
| PsiQuantum | 29 Jul 2021, Series D+ | 2 | 0 | |
| Rhoda AI | Mar 2026, Series A | 1 | 0 | |
| Samsara Eco | 28 Nov 2022, Series A | 2 | 1 | |
| TrueLayer | 9 Apr 2021, Series D+ | 1 | 0 | |
| v2food | 21 Oct 2020, Series B | 1 | 0 |
This is a stake in the fund itself, money that the fund's manager invests, not a stake in the fund manager.
| Fund | Manager | Sources |
|---|---|---|
| Fund 3 | Main Sequence Ventures | @AuManufacturing, TechCrunch Venture, Main Sequence |
| Fund II | Main Sequence Ventures | @AuManufacturing, Main Sequence |
Companies Temasek has backed that another company then bought. An exit for the holding, not a deal Temasek did.
| Name | Role | Sources |
|---|---|---|
| Rohit Sipahimalani | Chief Investment Officer | DealStreetAsia |
| John Vaske | Head of Americas (former) | AgFunderNews |
| John Marren | Joint Head of North America | AgFunderNews |
| Jane Atherton | Deputy Head of North America | AgFunderNews |
| Chia Song Hwee | Deputy CEO | AgFunderNews |
Stories naming Temasek. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
DealStreetAsia's weekly review of Asia-Pacific private markets: India's September funding rebound, new venture rounds and fund closes across the region, a preschool group's buyout, and takeaways from the publisher's summit.
Robotics startup Rhoda AI announced a $450 million Series A valuing it at $1.7 billion, debuting FutureVision, software helping robots handle unpredictable industrial settings; Khosla Ventures, Temasek and others backed the round.
The infrastructure fund manager has completed a close on its fifth flagship vehicle, beating its target, while its chairman reflects on LP reaction to the firm's sale to BlackRock.
Also withintelligence.com
Samsara Eco has struck a decade-long supply deal with Lululemon for enzyme-recycled fabrics; the piece recalls its Temasek-led raise and flags a new NSW plant.
The fund's authors recap two climate-investment events, weighing the massive global capital needs, mixed public-private funding models, and its clean-economy portfolio activity in Victoria.
Year-end roundup ranking 2024's twelve largest startup raises, headed by PsiQuantum's $940 million government-backed quantum computing round, plus Guzman y Gomez's ASX listing and Betashares' Temasek investment.
KrASIA roundup: HongShan closes an RMB 18 billion fund, Partior and Miridih raise Series B rounds, Packworks gets a government grant, four Chinese startups raise, and Nika.eco, Validus and Airs Medical win funding.
Weekly roundup of eight Australian funding rounds, led by Samsara Eco's $100m Series A extension; Diraq, 1Breadcrumb, Aquila, NRN, Klean, Bearhug and Sindy Labs also secured capital, and Klean won a Queensland grant.
Also TechCrunch Venture·SmartCompany·@AuManufacturing·Techboard·Startup Daily·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·@AuManufacturing·@AuManufacturing·Forbes Australia·@AuManufacturing
Australian plastics recycler Samsara Eco secured a Temasek-led Series A+ of $100 million to scale enzyme-based infinite recycling, with Southeast Asian facilities planned, adding to its 2022 Series A.
Also TechCrunch Venture·SmartCompany·@AuManufacturing·Techboard·SmartCompany·@AuManufacturing·@AuManufacturing·@AuManufacturing
Australian enzymatic plastics recycler Samsara Eco raised a large all-equity round led jointly by Temasek and Main Sequence, with Lululemon among other backers, funding new recycling facilities and team growth.
Also SmartCompany·Startup Daily·Forbes Australia·SmartCompany·SmartCompany·SmartCompany·SmartCompany·@AuManufacturing·Forbes Australia·@AuManufacturing·Forbes Australia·Forbes Australia
Singapore's Temasek has agreed to take a minority stake of as much as A$300 million in ETF manager Betashares, which says the money will fund growth, acquisitions and a superannuation push.
Weekly agrifoodtech roundup: Hysata's green-hydrogen Series B, Rize's Series A, other raises, Ocean 14 and Peakbridge fund closes, Uber buying Delivery Hero's Taiwan unit, executive hires, and an accelerator's cohort selection.
The Australian federal and Queensland governments are investing $940m in PsiQuantum, which will open a Brisbane regional headquarters; $18.4m will fund a national quantum centre at the University of Sydney.
Also Dealroom·Forbes Australia·SmartCompany·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Forbes Australia·Forbes Australia·Forbes Australia·Forbes Australia·Crunchbase News
Feature on Australia's fast-growing climate tech sector, recounting raises at companies including Neara, Loam Bio, Goterra and Great Wrap, and warning that scarce growth capital and limited foreign investment could stall the industry.
Year-end Crunchbase column recapping five distinctive 2023 raises: Cortical Labs, Forward, Neura Robotics, KoBold Metals and Living Carbon, with amounts, backers and one stated valuation.
Also TechCrunch Venture
Origin Energy put off its shareholder vote on the Brookfield takeover bid after a late revised offer, with directors also flagging the federal government's expanded Capacity Investment Scheme for investors to weigh.
Crunchbase data analysis ranking the busiest cleantech investors, led by Lowercarbon Capital, and citing large sustainability rounds at Loam Bio, Our Next Energy, Ohmium and Palmetto Clean Technology.
Deep tech venture firm Main Sequence has reached an initial A$450 million close on its third fund, pushing money under management past A$1 billion; Hostplus, Temasek and CSIRO are among the backers.
Also SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·@AuManufacturing·Business News Australia·TechCrunch Venture
Enzyme-based plastics recycler Samsara Eco announces a multi-year partnership with Lululemon, which makes an undisclosed minority investment, its first in a recycling company.
Also SmartCompany·@AuManufacturing·Techboard·SmartCompany·@AuManufacturing·@AuManufacturing·Forbes Australia·@AuManufacturing
Brookfield has agreed an $18.7 billion takeover of Origin Energy, bringing in GIC, Temasek and Mid-Ocean, and plans a decade of major renewable and storage spending in Australia.
Agtech firm Farmers Business Network hands its top job to Temasek executive John Vaske in April, while co-founder and longtime chief Amol Deshpande departs to weigh new ventures.
Weekly agrifoodtech roundup: funding for FoodByUs, New School Foods, BloomX and others, acquisitions by CropX and Growy, plus layoffs at Impossible Foods and Glovo.
Also AgFunderNews·AgFunderNews
Weekly roundup of agrifoodtech raises including Roslin Technologies, Sistema.bio, Buddha Brands, Proper Good, Perfekto, Agriconomie, FishLog, PasarMikro, DataFarming, Carble, Sabanto and BioRaptor, plus partnerships, a product launch and layoffs.
Enzyme-based plastic recycler Samsara Eco has raised a $54 million Series A to build a commercial recycling facility in Melbourne, with investors including the CEFC Innovation Fund, W23, Main Sequence, Breakthrough Victoria and Temasek.
Also TechCrunch Venture·Breakthrough Victoria·@AuManufacturing·Startup Daily·Startup Daily·Techboard·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·SmartCompany·@AuManufacturing·@AuManufacturing·@AuManufacturing·Forbes Australia·@AuManufacturing·TechCrunch Venture·TechCrunch Venture
Australian web3 gaming firm Immutable launched a $500 million fund backing web3 games and NFT companies, collaborating with investors including Animoca Brands and BITKRAFT, after a March Series C led by Temasek.
Also TechCrunch Venture
Kaseya has agreed to acquire Datto for US$6.2 billion, funded by an equity consortium including Insight Partners, TPG Capital, Temasek and Sixth Street. The article also recalls Datto's earlier acquisitions, merger and NYSE listing.
Also ARN (ARNnet)
Sydney NFT gaming firm Immutable raised a $280 million Series C valuing it at $3.5 billion, led by Temasek with Tencent and Animoca Brands, six months after an $82 million raise.
Also SmartCompany·SmartCompany·Techboard·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Forbes Australia·Forbes Australia·Crunchbase News
US-Singapore biotech Allay Therapeutics has closed a $60 million Series C round led by Arboretum Ventures, with several healthcare investors taking part, to advance its long-acting post-surgical pain candidate into late-stage trials.
Weekly roundup covering Main Sequence's second-fund close, operating partner hires at Blackbird and AirTree, raises by Sea Forest, Adventus.io, Halter and others, acquisitions by Equiem, Stripe and Toyota, plus Big Tech earnings.
Australia's Main Sequence has pulled in A$250 million for its second deep tech fund, with existing backers returning and a sharpened emphasis on decarbonisation investments.
Also TechCrunch Venture·TechCrunch Venture·SmartCompany·@AuManufacturing·Startup Daily·SmartCompany·TechCrunch Venture
UK open banking platform TrueLayer has raised a US$70 million Series D led by Addition, with existing backers joining, to fund global expansion and grow its engineering and commercial teams.
Also Australian FinTech
Aura's private equity arm announced a follow-on investment in Kim Health Care's US$24 million Series B, led by Singapore's ABC World Asia, backing the Vietnamese dental clinic chain Kim Dental and its laboratory Labo.
Square Peg Capital recaps 2020: eight new investments including Zeller and HealthMatch, a US$450 million fourth fund close, follow-ons, new hires across Sydney, Singapore and Israel, and portfolio updates.
Also Square Peg Capital portfolio·Square Peg Capital portfolio·SmartCompany·Australian FinTech·Startup Daily·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Women's Agenda·Australian FinTech·Crunchbase News·TechCrunch Venture
A profile of open banking API provider TrueLayer, covering its founding, backers, Australian leadership and expansion plans, with no new funding, hires or transactions announced.
Ignition Lane's weekly roundup reports MyDeal and Adore Beauty listing on the ASX, Rokt's US$80 million Series D, several trans-Tasman raises, Quibi shutting down, Westpac trimming its Zip stake, and local executive appointments.
Also Crunchbase News·Startup Daily·Startup Daily·Startup Daily·Startup Daily·ARN (ARNnet)
Plant-based meat maker V2food has closed a large Series B with Asian backers to finish a Wodonga factory and enter Asian markets, following an earlier round the year before.
Also @AuManufacturing·Crunchbase News·AgFunderNews·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·AgFunderNews·AgFunderNews·TechCrunch Venture
A New Zealand AI company has closed a Series B round led by a Singapore investor to fund research into its digital customer service avatars, with the piece also recalling its 2016 Series A.
Plant-based food company Impossible Foods has closed a Series E round led by Temasek and Horizon Ventures, with several celebrities also investing, to fund growth and production capacity.
Also SmartCompany
Sydney-based NFT gaming firm Immutable has secured $200 million in new backing spearheaded by Singapore's Temasek, valuing the company at $2.5 billion; Tencent, Mirae Asset, ParaFi Capital and Declaration Partners also joined.
Also cryptobriefing.com·checkcryptonews.com·TechCrunch Venture