Temasek Holdings
Temasek leads $40m Series B extension for China's Well-Link
Temasek Holdings has led a USD 40m Series B extension for Well-Link Technologies, a China-based provider of real-time cloud rendering solutions for game developers.
Temasek, Boyu, GGV back Hong Kong’s Animoca Brands
Hong Kong metaverse start-up Animoca Brands has raised USD 110m featuring Temasek Holdings, Boyu Capital, and GGV Capital. Funding since the start of 2021 now tops USD 630m.
Prosperity7 backs China-founded unstructured data specialist Zilliz
Prosperity7 Ventures, a venture capital fund established by Saudi Arabia state oil giant Saudi Aramco, has led a USD 60m Series B extension for China-founded open-source software developer Zilliz.
India edtech player UpGrad raises $210m
UpGrad, an India-based education technology company set up by media maven Ronnie Screwvala, has raised USD 210m featuring Temasek Holdings and education-focused private equity firm Kaizen.
ABC Impact backs China autism therapy business
ABC Impact, a Singapore-based impact investor established by Temasek Trust, the philanthropic arm of Temasek Holdings, has led a USD 42m Series D for Da Mi & Xiao Mi (DMXM), a Chinese rehabilitation platform for children with autism spectrum disorder...
Carousell buys VC-backed Indonesia re-commerce platform
Carousell, a Singapore-based mobile classifieds marketplace for second-hand goods, has acquired Indonesian re-commerce platform Laku6 with support from Temasek Holdings-owned Heliconia Capital.
China's Jaka Robotics raises $150m Series D
Prosperity7 Ventures, a USD 1bn venture capital fund established by Saudi Arabia state oil giant Saudi Aramco, has continued its run of robotics investments in Asia by joining a USD 150m Series D for China’s Jaka Robotics.
India credit card player OneCard raises $100m
India’s OneCard, which operates a credit scoring platform and issues own-branded credit cards, has raised a USD 100m round led by Temasek Holdings.
Temasek sees portfolio hit new high, warns of global weakness
Temasek Holdings continued its rapid pace of investment over the past year as the portfolio reached a new record high valuation, but the Singapore investor warned of potential difficulties ahead, noting that the global economy is in a “fragile state.”
Deal focus: GPs go big on China biosynthesis
Advances in synthetic biology and China’s carbon-neutral ambitions have prompted investors to re-examine bio-manufacturing plays. Mojia Biotech is among the beneficiaries
Deal focus: Confidence unwavering in SE Asia e-commerce
Singapore online shopping platform ShopBack hopes to extend a fledgling theme of Southeast Asian IPOs in the US amid threats to discretionary spending in its core markets
SeaTown invests $50m in Vietnam e-commerce enabler
SeaTown Holdings International, an alternatives manager owned by Temasek Holdings, has provided a USD 50m Series B round for Vietnamese e-commerce enabler OnPoint.
China bio-manufacturing start-up Mojia raises $80m
Temasek Holdings has led a USD 80m Series B round for Shanghai-based bio-manufacturing start-up Mojia Biotech.
India's ShareChat closes $520m round, hits $5b valuation
Indian social media platform ShareChat has raised USD 255m from Google, Times Group, and Temasek Holdings, capping a USD 520m Series G round at a valuation of USD 5bn.
Deal focus: Singapore biotech start-up generates US buzz
Singapore’s Tessa Therapeutics has developed a cancer drug that appears to be twice as effective as other treatments in its class. It has raised USD 126m with eyes on a near-term US IPO
Singapore cancer treatment start-up gets $126m Series A
Singapore’s Tessa Therapeutics, a biotech developer with a Hodgkin's lymphoma treatment in phase-two trials, has raised a USD 126m Series A round led by US healthcare specialist Polaris Partners.
Temasek launches decarbonisation investment platform
Singapore’s Temasek Holdings has committed an initial SGD 5bn to a newly launched platform designed to make investments that accelerate decarbonisation globally.
Deal focus: Venturi brings families into D2C
Consumer-focused private equity firm Venturi Partners drew on significant family office co-investment to co-lead a USD 108m Series D for India direct-to-consumer food specialist Country Delight
India D2C food brand Country Delight gets $108m Series D
India’s Country Delight, a direct-to-consumer (D2C) food brand best known for farm-fresh milk, has raised USD 108m in Series D funding led by Singapore’s Venturi Partners and Temasek Holdings.
Singapore's Azalea targets $754m PE-backed bond offering
Temasek Holdings-owned Azalea Investment Management is further expanding retail exposure to private equity through its latest issue of bonds – worth USD 754m in total – backed by LP interests in funds.
Jungle closes fourth SE Asia, India VC fund on $600m
Jungle Ventures has reached a final close of USD 600m on its fourth flagship Southeast Asia and India-focused VC fund. The initial target was USD 350m.
TPG, Temasek invest $136m in India's Dr Agarwal’s
TPG Growth and Temasek Holdings have invested a combined INR 10.5bn (USD 136m) in Indian eyecare chain Dr. Agarwal’s Eye Hospital, setting up an exit for ADV Partners.