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The Venture Codex

GIC

168 Robinson Road, #37-01 Capital Tower, Singapore, 068912

Overview

GIC is a global investment firm established in 1981 to manage Singapore's foreign reserves. A disciplined long-term value investor, GIC is uniquely positioned for investments across a wide range of asset classes, including equities, fixed income, private equity, real estate, and infrastructure. GIC invests through funds and directly in companies, partnering with its fund managers and management teams to help world-class businesses achieve their objectives. In tech investing, GIC seeks to be a lifetime partner to the companies it invests in. GIC has investments in over 40 countries around the world. Headquartered in Singapore, GIC employs over 1,700 people across 10 offices in key financial cities worldwide.

Total investments
160
Lead investments
64
Investments · 12mo
22
Active investors
11

Sector focus

  • Financial Services
  • Impact Investing
  • Real Estate Investment
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Investment portfolio

  • Databricks

    Participated · Equity · Aug 2026

    Databricks operates a cloud data platform and AI products, with its core cloud data warehouse generating $1.5 billion of its annualized run-rate revenue and growing 100% year-over-year. The company reported a $7 billion annualized run-rate revenue figure while growing at roughly 80% and being cash-flow positive. Databricks launched Lakebase in June 2025, which has reached a $100 million revenue run-rate, and its AI chatbot tool Genie is described as highly popular. The company maintains a roughly 100-person AI research team and faces multi-billion-dollar cloud commitments with major hyperscalers. Databricks has been active on the M&A front, acquiring companies including Electric (PGlite) and AI cybersecurity firm Panther, and it says it plans to continue investing in AI and acquisitions while remaining open to a future IPO.

  • LEAP India

    Led · Equity · Aug 2026

    Incorporated in 2013, Leap India operates a circular "share and reuse" asset-pooling business that allows customers to rent pallets, crates and other logistics assets rather than own them. As of March 31, 2026, the company managed 14.7 million pooled assets and served more than 1,000 customers via over 10,100 customer touchpoints across India. Its customer base spans FMCG, food and beverages, third-party logistics, e-commerce, quick commerce, automotive and industrials. Leap India has shown strong financial growth: total income rose to ₹747.36 crore in FY26 from ₹371.94 crore in FY24, and revenue from operations increased to ₹729.53 crore from ₹364.97 crore over the same period. EBITDA climbed to ₹378.83 crore with an EBITDA margin of 50.69%, and net profit increased to ₹62.34 crore in FY26. The company has launched a ₹2,480-crore IPO (₹480 crore fresh issue and ₹2,000 crore OFS) and intends to use part of the fresh proceeds to repay borrowings with the remainder for general corporate purposes.

  • Addi

    Participated · Series D · Jul 2026

    Addi operates a digital lending platform that serves more than 2.5 million consumers and 33,000 partner merchants. The company originates consumer and merchant credit and uses these receivables as part of financing structures such as the recently closed warehouse facility. Its debt now totals over $680 million following the new $150 million line led by J.P. Morgan and supported by Fasanara Capital. The platform positions itself as a conversion engine for merchant sales across a mix of SMEs and large brands. With the added liquidity, Addi plans to continue scaling its merchant and consumer network and to consolidate its market position in Colombia while exploring expansion into new markets. Fasanara’s third participation signals ongoing institutional investor confidence in Addi’s underwriting and risk model.

  • Supabase

    Led · Series F · Jun 2026

    Supabase is an open source Postgres development platform founded in 2020 that offers a complete backend stack: Postgres database, authentication, storage, edge functions, real-time subscriptions, and vector search, plus a marketplace of 100+ integrated partner tools. The company reports more than 250,000 customers and over 9 million developers using the platform, with its user base having more than doubled since the Series E and a 600% year-over-year increase in databases. Supabase for Platforms, the product powering many AI app builders, has seen 370% customer growth in the past six months, and the company says agents now deploy the majority of databases on its platform. Supabase released a preview of Multigres, an open source horizontal scaling layer for Postgres under the Apache 2.0 license, to address scaling and sharding needs. Financially, the company has raised over $1 billion in total capital after closing a $500 million Series F at a $10.5 billion post-money valuation.

  • Skyroot Aerospace

    Led · Series C · May 2026

    Skyroot Aerospace is a privately held Indian spacetech company that was valued at $1.1 billion following a nearly $60 million funding round. The financing elevated Skyroot to the status of India's first private spacetech unicorn. Public reporting around the raise focuses on the milestone and valuation. The articles do not provide detailed operating metrics such as revenue, users, or past financing history. Additional product, operational, or financial details were not included in the cited coverage.

Team

  • Chow Kiat Lim

    Chief Executive Officer & Founder

    LinkedIn
  • Choy Peng Wu

    Chief Technology Officer

    LinkedIn
  • Arif Lakhani

    Senior Vice President

    LinkedIn
  • Jeremy Kranz

    Senior Vice President & Head of Tech Investing

    LinkedIn