Temasek Holdings (Temasek)

Temasek-backed Partior's new CEO says recent funding is proof of blockchain commercialisation - THE EDGE SINGAPORE

Fintech

Temasek-backed Partior's new CEO says recent funding is proof of blockchain commercialisation

Partior’s blockchain, which first emerged from MAS’s Project Ubin in 2016, is used today by some of the biggest names in finance.

Startups, Entrepreneurs, Digital economy

Temasek-backed Partior announces second close of series B funding at US$80 mil with Deutsche Bank as new investor

This follows the first close of US$60 mil series B round in July led by PeakXV formerly Sequoia Capital India and SEA.

Global Economy

Briefs: COP29 begins with ‘breakthrough’ on carbon market rules

In other news, Temasek-backed Pentagreen announced that it will manage Fast-P’s Green Investments partnership; the CPFIS investment scheme posts one-year returns of 14.71% in 3Q2024.

Blockchain

Temasek-backed blockchain fund eyes US$100 mil fundraise

Temasek is said to have been lined up as an anchor investor in the new fund alongside the New York-based fintech firm Republic.
Temasek sells 1,332,100 shares in Sats for $5.32 mil - THE EDGE SINGAPORE

Insider moves

Temasek sells 1,332,100 shares in Sats for $5.32 mil

Following the sale, Fullerton’s stake stood at 0.275% while Temasek's total stake in Sats came up to 39.96%.

Emerging Markets

GIC, Temasek back Brookfield in emerging markets transition fund

The fund, which targets US$5 billion, was introduced at the COP28 climate change conference.
Temasek to set aside $100 mil as concessional capital for climate action - THE EDGE SINGAPORE

Environmental, Social and Governance

Temasek to set aside $100 mil as concessional capital for climate action

The commitment marks the first time Temasek is contributing concessional capital towards the green transition.

M&A

Temasek said to near stake purchase in Blackstone-owned VFS

VFS has a large presence in India, where it provides visa application services for the US consulate across cities in the country.
Briefs: Temasek mulling exit from Schneider Electric India venture; KKR, Hulic bid $2.7 bil for GIC's Tokyo skyscraper - THE EDGE SINGAPORE

Global Economy

Briefs: Temasek mulling exit from Schneider Electric India venture; KKR, Hulic bid $2.7 bil for GIC's Tokyo skyscraper

In other news this week: Binance hiring 1,000 people as compliance spend tops US$200 million.

Tech

Temasek spent billions on US tech stocks before July selloff

Temasek increased the value of its holdings in 11 big tech firms by US$3.3 billion in the three months ended June 30.
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