temasek
Samsara Eco is working to replace plastic packaging with fossil fuel-free alternatives
Samsara Eco makes and sells fossil-free polymer resins. These resins can be integrated into supply chains and potentially replace plastic packaging and textile products with more sustainable alternatives. The Australian…
Temasek, Fidelity buy $200M stake in Lenskart at $5B valuation
Temasek has previously invested in Lenskart, and this new funding follows a $500 million investment by the Abu Dhabi Investment Authority last year.
ShareChat is in final stages of deliberations to secure about $50 million in new funding that trims the startup’s valuation to as low as below $1.5 billion, according to two…
Ola Electric said on Thursday that it has raised $384.43 million in a funding round, which included about $240 million in debt. The new round values the Bengaluru-headquartered electric vehicle…
Officials from India’s GST tax department are searching the offices of UpGrad, an edtech unicorn that counts Temasek, James Murdoch’s Lupa Systems and World Bank’s International Finance Corporation among its…
PharmEasy, once valued at over $5 billion, seeks new funding at a 90% valuation cut
Indian online pharmacy startup PharmEasy is planning to raise about $300 million in a new round of funding at a 90% markdown from the previous valuation, two people familiar with…
Pasqal raises €100M to build a neutral atom-based quantum computer
Pasqal, a Paris-based quantum computing startup, today announced that it has raised a €100 million Series B funding round let by Singapore’s Temasek. In addition to Temasek, existing investors Quantonation,…
Indian consumer nutrition platform HealthKart has raised $135 million in a new financing round as it looks to expand in international markets and shore up cash to buy firms, it…
V7 snaps up $33M to automate training data for computer vision AI models
Artificial intelligence promises to help humans carry out everyday tasks faster and quickly solve problems that they have been too big for humans to tackle. But ironically, the building that…
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Singapore’s Temasek writes down $275M investment in FTX
FTX’s investors are continuing to deal with the fallout from the cryptocurrency exchange’s bankruptcy. In a statement today, Temasek, the investment firm owned by Singapore’s government, said it wrote down its full investment in FTX, “irrespective of the outcome of FTX’s bankruptcy protection filing.” Temasek invested $210 million USD in…
Yahaha raises $40M more for its user-generated, low-code immersive gaming platform
Yahaha, a Helsinki- and Shanghai-based immersive, user-generated, low-code gaming platform founded by a group of Chinese gaming vets, made a splash in January when it announced a cumulative $50 million…
GenZero’s Frederick Teo on ‘limitless’ opportunities in climate tech
2050 is an important year for climate tech, with the Paris Agreement calling for emissions to reach net zero by then. In a conversation with GenZero’s Frederick Teo for SOSV’s…
Trigo raises $100M to expand its Amazon-style cashier-free store technology
Amazon has become the pacemaker in commerce, and today a startup that’s been building technology to help retailers keep up with it in the world of physical stores is announcing…
China’s Jaka Robotics fueled by Saudi Arabia’s Prosperity7 in global push
Jaka Robotics, a Chinese startup that makes collaborative robots, has just pulled in a hefty Series D funding round of over $150 million from a lineup of heavyweight investors to…
Luminar to invest in Geely-affiliated Ecarx, eyes China market
Luminar, the Florida-based lidar company that went public via SPAC in 2020, has formed a close alliance with an auto behemoth in China. It’s making a strategic investment of an…
Indian fintech OneCard tops $1.4 billion valuation in fresh $100 million funding
FPL Technologies, an Indian startup that offers credit cards to customers under the brand name OneCard, is the latest in the South Asian market to join the unicorn club following…
Fabric lays off 40% of staff as it shifts strategy from service to platform
The shift and subsequent layoffs stem from customers asking for more control over their micro-fulfillment process.
Omio raises $80M as travel demand rebounds after years of COVID-19 crisis
It’s been a tough few years for Omio, the Berlin-based travel search and booking platform that saw 98% of its revenues evaporate overnight when COVID-19 hit Europe back in spring…
Southeast Asia, a diverse region with an expanding population and rising income, is emerging as a popular destination for crypto entrepreneurs and investors hunting down high-growth startups in the space.…
Google-backed DotPe, which helps businesses in India go online and sell digitally, is in advanced stages of talks to raise about $50 million in a new financing round, a source…
The problem with waiting for quantum computing to bring in the next wave of AI is that it’s likely to arrive a lot slower than people would like. The next…
UPSIDE Foods bites into $400M round to serve cultivated meat later this year
Pending regulatory review, the company’s chicken product will be available to consumers in the U.S. later this year.
China’s AR company Rokid closes $160M Series C to expand globally
Chinese startup Rokid has been through a few stages of transformation over its eight years of existence, and it’s recently raised some new funding to stay afloat. The Temasek-backed company…
China’s EV upstarts are building their own investment powerhouses
The investment game going after automotive startups is getting more competitive in China with not only established venture capital firms joining the fray but also industry veterans. Two mobility-focused funds…
MetaMask parent company ConsenSys raises Series D at $7B valuation
Crypto developer ConsenSys, which owns the popular Ethereum-based MetaMask wallet, announced a $450 million Series D round today that values the company at $7 billion, nearly double in worth since…
Temasek in talks to back India’s OneCard at $1.5 billion valuation
FPL Technologies, the Indian startup that operates OneCard, is set to double its valuation to about $1.5 billion in a new financing round, just a month after it disclosed its…
BlueVoyant nabs $250M to help enterprises nab malicious hackers and stop security breaches
Cybersecurity continues to be a pernicious and complex problem, for enterprises, and today a company that’s building a multi-faceted toolkit to help them address it better is announcing a big…
Can $100 million get Wildtype’s cell-grown ‘sushi-grade’ salmon into the wild?
Wildtype, a six-year-old, San Francisco-based outfit that’s developing cultured salmon from cells outside the animal, just raised $100 million in Series B funding to make its product ubiquitous, from top…
PortalOne raises $60M as it levels up to launch its hybrid, immersive gaming platform later this year
Gaming has been one of the most popular entertainment categories in the last two years of pandemic living. Now, a gaming startup that’s building a new kind of platform that…
Global Processing Services adds $100M to its coffers to grow its embedded finance and API payments platform
Embedded finance continues to be the engine driving the growth of fintech, with one group of companies building core banking, payments and other financial technology, and a much bigger group…
