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Temasek Holdings

60B Orchard Road #06-18 Tower 2 The Atrium@Orchard, Singapore, 238891

Overview

Temasek Holdings is a lender provider. The company offers debt financing and focuses on transforming economies, increasing middle-income populations, developing comparative advantages, and emerging champions. Financial services, transportation, industrial, consumer, real estate, telecommunications, media, technology, and life sciences are among the industries served by the firm.

Total investments
38
Lead investments
20
Investments · 12mo
2
Active investors
8

Sector focus

  • Finance
  • Financial Services
  • Venture Capital
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Investment portfolio

  • D-Robotics

    Participated · Series B · Mar 2026

    D-Robotics was spun off from the AIoT division of Horizon Robotics in January 2024 and develops underlying computing platforms and general-purpose hardware and software infrastructure for consumer robots and embodied AI. Its current product lineup includes the RDK S600 robot computing development platform and embodied AI model systems HoloBrain and HoloMotion. The company promotes a “one brain, multiple forms” approach that it says enables the same model to be adapted across different types of robots, mirroring a "chip + toolchain + algorithm" strategy. D-Robotics reported shipments jumped 180% year-over-year and its customer base grew 200% last year. It has launched more than 100 robot products and built a developer community exceeding 100,000 users across the Asia-Pacific, Europe, and North America. The company did not disclose total shipment volumes or a revenue breakdown in the available reports.

  • CleanMax

    Led · Equity · Feb 2026

    Founded in 2010, Clean Max Enviro Energy Solutions (CleanMax) develops, owns and operates renewable energy assets that serve commercial and industrial clients across sectors such as data centres, cement, steel, FMCG and real estate. The company delivers power through long-term supply agreements, offers EPC as well as operations and maintenance services for on-site and farm-based solar, wind and hybrid plants, and provides carbon credit and broader net-zero advisory solutions. According to a CRISIL report, CleanMax had 2.80 GW of operational, owned and managed capacity and 3.17 GW of contracted capacity under execution as of 31 October 2025. For FY25, the company recorded ₹1,496 crore in operating revenue, up 8 % year-on-year, while EBITDA rose 37 % to ₹1,015 crore, demonstrating improving operating leverage. Management is positioning the business to capitalise on growing corporate decarbonisation mandates and expects the upcoming IPO proceeds to fund further capacity expansion. The diversified customer base and service suite underpin CleanMax’s strategy to remain a leading integrated renewable partner for Indian enterprises.

  • Electra

    Led · Series B · Apr 2025

    Electra has developed a proprietary electro-chemical process that produces 99% pure iron using renewable electricity, enabling low-carbon, high-grade steel and other advanced material applications. Its modular system design supports phased, rapid expansion, minimizing upfront capital outlays and accelerating time to market. The company recently brought a demonstration facility online and has already secured advanced purchase orders from industry leaders such as Nucor, Toyota Tsusho, and INTERFER Edelstahl Group, signaling early commercial traction. Electra also executed its first Environmental Attribute Credit agreement with Meta, highlighting demand for its green iron outputs. Financially, the firm closed a $186 million Series B round in 2025, won a $50 million Breakthrough Energy Catalyst award, and received Colorado’s inaugural $8 million clean-industry tax credit. The new venture debt facility strengthens its balance sheet as it prepares for its first commercial-scale plant.

  • Yolk.fm

    Participated · Seed · Mar 2024

    Yolk.fm is a social media platform centered on non-text, short-form visual interactions using emojis and dynamic stickers. Users can create dynamic stickers from selfies, hand gestures, or surrounding objects and use them to interact with other users' dynamic content and static photos. The service emphasizes fast, image-first communication rather than written text. Yolk.fm is operated by parent company Drigmo. The company recently completed a financing event, indicating early-stage investor interest. No operating metrics or product roadmap details were provided in the article.

  • GrowSari

    Participated · Series C · Mar 2022

    GrowSari operates as a Philippine-based B2B e-commerce platform. The company connects businesses through an online commerce offering tailored to business customers. It is backed by major investors including Chinese internet giant Tencent and private equity firm KKR. According to regulatory filings, GrowSari has raised $5 million from family office Oppenheimer Generations. The articles do not disclose deal terms, instrument type, or operating metrics such as revenue or user counts. No future plans or use of proceeds were detailed in the coverage. GrowSari provides digital tools and financial services to micro, small and medium enterprises, including inventory management, pricing tools, a logistics network and working capital loans. The platform also enables retailers to offer telco top-ups and bill payments. Its customer base includes about 100,000 stores across more than 220 municipalities in Luzon, and the company plans expansion into Mindanao and new store formats. GrowSari is building out a logistics and fulfillment network with plans for more than 50 fulfillment centers and intends to hire for operations, technology and data science teams. The company plans to expand its fintech offerings for store owners and build a supplier marketplace, including commodities, and to serve additional MSME types such as carinderias and small pharmacies. Founded in 2016 and based in Manila, GrowSari has raised capital to support these product, logistics and geographic expansion plans. GrowSari operates a B2B platform that helps sari-sari (neighborhood) stores manage inventory and pricing, access a supplier marketplace and obtain working capital loans and other financial services. The app also supports telecom and utility bill payments and remittances, and offers payment options like cash on delivery, GrowCoins and a seven-day loan product called E-Lista. GrowSari’s supplier marketplace gives stores access to Distributor List Prices from about a thousand FMCG brands, which the company says can help stores improve earnings. The platform is used by more than 50,000 stores across over 100 municipalities on Luzon and the company aims to serve one million sari-sari stores. Financially, GrowSari has raised a total of $30 million to date (including seed and a reported $14M Series A) and is currently in a Series B rolling close. The company plans to use new capital to add 300,000 stores (targeting Visayas and Mindanao), expand its supplier marketplace and launch more financial products for sari-sari stores.

Team

  • Ho Ching

    Executive Director & CEO

  • Lee Theng Kiat

    Executive Director & CEO, Temasek International

    LinkedIn
  • Cayce Denton

    Director

    LinkedIn
  • Kevin Lim

    Director - Blockchain@Temasek

    LinkedIn