Temasek

Activity from announced rounds

All recorded activity

Temasek is a Singapore investment company with global public and private holdings, investing around digitisation, sustainable living, the future of consumption and longer lifespans.

Its global direct investments target both emerging and established market leaders. The four structural themes cut across industries: AI and computing, renewable energy and industrial decarbonisation, changing consumer demand and health-related innovation.

Temasek’s portfolio also includes Singapore-based companies and partnerships with fund managers. Since April 2026, its organisational structure separates global direct investments, Singapore holdings and partnership solutions, giving these distinct investment activities dedicated teams.

Sources
Rounds participated in
18
Confirmed lead rounds
3
12 roles undisclosed
New companies
18
First participation on record · 0 follow-on
Funding in participating rounds
$12.3B
17 disclosed · full round size, not this investor’s share

By stage

Series C+6
Series B4
Undisclosed3
Growth2
Series A2
1 more
Seed1

By primary sector

AI4
Biotech3
Climate tech2
Hardware2
Robotics2
5 more
Cybersecurity1
Foodtech1
Healthtech1
Mobility1
Space tech1

By country

United States10
United Kingdom3
Austria1
France1
India1
2 more
Netherlands1
Sweden1

Rounds

18 in all activity
Soufflé Therapeutics

Soufflé Therapeutics develops targeted RNA medicines for patients with muscle disorders and heart failure.

$135MSeries B
Participant
Vinci

Vinci develops AI systems designed to model physical behavior and help robots and other machines operate in real-world environments.

$250MSeries B
Lead
Devoted Health

Devoted Health brings Medicare Advantage coverage together with medical care, virtual visits, in-home services and Member Service Guides for older adults.

$555MSeries G
Lead
The Boring Company

The Boring Company builds tunnel-boring machines and underground Loop passenger systems for cities and transport partners.

$3BSeries D
Participant
Pixxel

Hyperspectral Earth-observation satellites and software that turn spectral imagery into operational intelligence.

$100MSeries C
Lead
River AI

Builds infrastructure for training and serving personally trainable AI agents

$1.1BSeed+Series A
Role not disclosed
CuspAI

Developing AI systems to discover and design new materials for clean energy and chipmaking

$450MSeries B
Role not disclosed
Stegra

Develops near-zero emissions steel production technology

€1.4BGrowth
Role not disclosed
Upscale AI

Provides open-standard AI networking infrastructure for ultra-low-latency training and inference

$190MSeries A+
Role not disclosed
Nearfield Instruments

Develops advanced 3D scanning probe metrology and inspection systems for semiconductor manufacturing

$380MSeries D
Role not disclosed
Cyera

Provides a data security and AI governance platform helping enterprises control what AI can see and do

$600MUndisclosed
Role not disclosed
PhysicsX

Builds AI-native engineering simulation software compressing months of design work into seconds for manufacturing and defence

$300MSeries C
Role not disclosed
waterdrop

Makes sugar-free Microdrink cubes that dissolve in water for functional flavoured hydration

€100MGrowth
Role not disclosed
Isomorphic Labs

Builds an AI-first drug design engine to accelerate discovery and development across multiple therapeutic areas

$2.1BSeries B
Role not disclosed
Rhoda AI

Builds robotic intelligence for real-world environments using video-predictive control

$450MSeries A
Role not disclosed
AMI Labs

AMI Labs develops world models that learn representations of sensor data to support prediction, memory and action planning.

$1BSeed
Participant
Insilico Medicine

Develops AI-driven drug discovery and oncology treatments

$5MStrategic
Role not disclosed