Mannheim, Germany-based osapiens, a provider of ESG compliance software, raised a $100M Series C from Decarbonization Partners at a $1.1B valuation
The $100m Series C was funded solely by Decarbonization Partners, the joint venture between BlackRock and Temasek.
Sources: Temasek is in talks to buy a ~5% stake in Quest Global, in a deal that values the engineering services company at $4.6B in the lead-up to its India IPO
Singapore state investor Temasek Holdings Pte is in advanced talks to buy a stake in Quest Global Services Pte …
AI inference chipmaker D-Matrix raised $275M co-led by Bullhound Capital, Triatomic Capital, and Temasek at a $2B valuation, taking its total funding to $450M
D-Matrix Corp., a Microsoft Corp.-backed AI chip startup, raised $275 million from new investors including Qatar Investment Authority …
Google, Temasek, and Bain: private funding for SE Asia's digital economy grew 15% YoY to $7.7B in the year to June, below 25% global growth and 2021's $27B peak
Jun Yuan Yong / Reuters :
CuspAI, which develops AI foundation models for materials discovery, raised a $100M Series A led by NEA and Temasek, a source says at a ~$520M valuation
Jeremy Kahn / Fortune :
Quantum startup PsiQuantum raised $1B led by BlackRock, Temasek, and Baillie Gifford at a $7B valuation, up from $3.2B in 2021, for a 1M-qubit computer by 2028
PsiQuantum backed by BlackRock, Temasek and Baillie Gifford as investment race intensifies — PsiQuantum has raised $1bn …
Singapore's Temasek cuts back on startup investments after the fund wrote down hundreds of millions of dollars on a spate of collapsed startups, including FTX
Financial Times :
Cohere Health, which uses AI to provide prior authorization for health plans, raised a $90M Series C led by Temasek, taking its total funding to ~$200M
Noah Tong / Fierce Healthcare :
An interview with eFishery CEO Gibran Huzaifah and 20+ sources detail how Gibran's “fake-it-till-you-make-it” deceptions spiraled, losing investors $300M+
Agritech venture eFishery was one of Asia's brightest startups with money from the likes of SoftBank and Temasek.
Data analytics startup Databricks closed its $10B Series J, announced in December 2024, with investment from Meta, Temasek, and QIA, and raised $5.25B in debt
Data analytics platform Databricks has confirmed that it has closed a previously announced $10 billion in Series J equity financing at a $62 billion valuation.