Temasek

Climate Impact Innovations Challenge awards $800,000 to 3 to programs in Indonesia

Climate Impact Innovations Challenge (CIIC) 2026, Indonesia’s largest climate tech competition, has concluded and awarded Rp15 billion ($840,000) to three participants to pilot their innovations in Indonesia.

a long exposure of colored lights in the dark

In Southeast Asia, corporate credibility increasingly starts with the data

PR consultant Salsabila Syifa Atma examines how fragmented business data can affect the credibility of corporate claims as Southeast Asian companies digitize and adopt AI.

Singapore’s Temasek to open first Middle East offices in Riyadh, Abu Dhabi

Singapore's Temasek will open its first Middle East offices, in Riyadh and Abu Dhabi, and engage with institutions in Qatar.

Singapore’s Temasek buys 9% of Italian growth-equity firm FSI, deepening Italy bet

Temasek, a Singapore state-owned global investment company, has bought a 9 percent stake in FSI, an Italian growth-equity manager, and pledged to invest in its future funds.

California-based AI startup Hang Ten raises $53M from Temasek-backed Xora, $85M in total

Hang Ten Systems, an enterprise-AI services startup founded by former Infosys chief executive Vishal Sikka, has raised an additional $53 million led by Singapore-based Xora Innovation, a Temasek-backed fund.

Pixxel raises $100M to expand Earth intelligence platform

Indian space technology company Pixxel has raised $100 million in a Series C round led by Temasek and Seraphim Space Investment Trust.

New Zealand’s Neocrete raises $3.5M to expand low-carbon concrete technology

Neocrete, a New Zealand company that develops technology to cut the carbon and cost of concrete, has raised $3.5 million in a funding round led by returning investor Wavemaker Ventures, with participation from Icehouse Ventures and new investor Catalytic Capital for Climate and Health, a vehicle backed by Temasek Trust.

Databricks closes $5B funding round at $190B valuation as revenue run-rate tops $7B

Databricks has closed a $5 billion strategic funding round at a $190 billion valuation after reporting more than 80 percent year-on-year growth and a $7 billion revenue run-rate.

Temasek-backed CuspAI raises $450M, reaches $2.6B valuation, launches AI materials discovery network

CuspAI has raised $450 million in a Series B round valuing the company at $2.6 billion, with Singapore's Temasek among the returning investors, the Cambridge-based AI firm said in a statement on Monday.

a toy shopping cart

Southeast Asia’s e-commerce problem isn’t growth; It’s keeping up with it

Southeast Asia’s e-commerce opportunity is real, and it’s large. But the brands that capture it won’t necessarily be the ones with the largest marketing budgets. They'll be the ones that have figured out an integrated strategy and operations across fragmented platforms, increasingly complex consumer journeys, and markets that each demand genuine local…