Temasek's Vertex adds new US$290m fund to back growth-stage tech firms

VERTEX Growth Fund, the sixth and newest member of Vertex Venture Holdings’ global network of venture capital (VC) funds, has raised US$290 million for its inaugural fund.

Social Bella raises US$40m Series D funding led by Temasek, EV Growth

INDONESIAN beauty e-commerce startup Social Bella has raised US$40 million in Series D funding co-led by venture firm EV Growth and Temasek, the company announced on Monday.

Temasek’s Vertex raises US$230m for fourth South-east Asia fund

VERTEX Venture Holdings raised US$230 million in the first close of its fourth Southeast Asian fund to back technology startups across the region and India.

Temasek, UOB commit a further US$200m to venture debt firm InnoVen

ASIA venture debt firm InnoVen Capital has secured US$200 million of additional capital commitment from shareholders Temasek and United Overseas Bank (UOB) as it steps up its pursuit of startups...

Singapore a gateway for expansion? Not Impossible!

THE Impossible Burger - with its fully plant-based patty that has the taste and bite of real beef - has landed in Singapore.

Temasek will explore AI, blockchain deals

TEMASEK Holdings Pte, Singapore's state investment firm, is setting up new groups to explore opportunities in artificial intelligence (AI) and blockchain technologies.

Temasek, StarHub tie up for pure-play cybersecurity firm

NEWLY-launched cybersecurity firm Ensign InfoSecurity - a joint venture between Temasek and StarHub - will invest majorly in talent and R&D (research and development) to become Asia's leading...

ClassPass raises US$85m in Series D financing, led by Temasek

US-BASED fitness membership company ClassPass has raised US$85 million in series D financing led by Temasek, with participation from the Growth Fund of private equity firm L Catterton.

Temasek unit, Canadia to launch digital wallet and payment platform in Cambodia

TEMASEK-OWNED Fullerton Financial Holdings has teamed up with Canadia Investment Holding plc to launch DaraPay - a new digital wallet and payment platform, in Cambodia. This is Fullerton's second...

South-east Asia's Internet economy to hit US$50b in 2017, exceed US$200b by 2025: study

SOUTH-EAST Asia's Internet economy will hit US$50 billion in 2017 and will potentially exceed US$200 billion by 2025, according to new research by Google and Temasek.