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T

Temasek

Government

Temasek is a global investment company headquartered in Singapore with an extensive international portfolio.

Portfolio

13

companies


Portfolio companies

Fnality

Fnality

Fnality operates regulated wholesale payment systems using distributed ledger technology.

CuspAI

CuspAI

CuspAI develops an artificial intelligence platform to accelerate the discovery of new materials.

RA

Robin AI

Robin AI builds legal artificial intelligence tools for corporate clients.

V

V7

V7 develops a data engine platform that automates labeling to build machine learning models.

Thought Machine

Thought Machine

Thought Machine develops cloud native core banking technology for financial institutions.

GP

Global Processing Services

Global Processing Services operates an API first payment technology platform for fintechs and digital banks.

Snyk

Snyk

Snyk provides developer security tools to help enterprises build software securely.

Hopin

Hopin

Hopin operates a shared experiences platform for virtual, hybrid and in-person events.

Soldo

Soldo

Soldo provides a digital pay and spend automation platform for businesses.

Oxford Nanopore Technologies

Oxford Nanopore Technologies

Oxford Nanopore Technologies develops DNA and RNA sequencing systems for scientific research and public health.

TrueLayer

TrueLayer

TrueLayer operates a global open banking network that powers payments and financial data access.

ET

Eigen Technologies

Eigen Technologies provides natural language processing software to extract unstructured data for enterprises.

p

pureLiFi

PureLiFi develops optical wireless technology that transmits data through light.


Recent investments

Series C
£99.7M

The capital raise was led by WisdomTree, Bank of America, Citi, KBC Group, Temasek and Tradeweb to support the expansion of its global settlement network.

"The closing of our Series C reflects a shared conviction that the future of money demands a new foundation, one with Fnality at its core. Our blockchain-based settlement systems, anchored in the credit quality of central bank money, connect traditional finance with the fast adoption of tokenized and decentralized markets. With 24/7 payment rails, real-time settlement, and enhanced liquidity management, we’re not just modernizing wholesale payments, we’re building a future that fuses Decentralized Finance’s operational optimization with Traditional Finance’s capital efficiency. This investment accelerates our journey toward a financial market infrastructure that is more resilient, more inclusive, and ready for the hybrid future of global finance."
— Michelle Neal, CEO of Fnality International
Series A
$100M

The financing was co-led by New Enterprise Associates and Temasek with participation from a broad group of strategic investors.

"Next-generation AI compute, clean air and water and sustainable energy – these multi-billion-dollar global challenges share a common barrier: materials. CuspAI’s mission is to change that. In just a year, we’ve gone from concept to partnerships with world leaders in automotive, semiconductors, energy, and climate."
— Chad Edwards, CEO and Co-founder
Series B
£20.6M

The Series B round was led by Temasek to support US and Asia Pacific expansion alongside engineering recruitment.

"We’ve seen incredible customer traction with what we believe is the smartest AI contract copilot on the market. But this is just the beginning. We are building the AI platform for the legal sector – a service that deeply understands every aspect of the legal function, from drafting contracts, researching case law to explaining legal concepts – our AI will help people tackle every legal task. This will help level the playing field between big and small law firms and help more people access legal services. This investment will help us to realise this vision."
— Richard Robinson, CEO
Series A
$33.0M

The financing was co-led by Radical Ventures and Temasek to fuel expansion in the United States.

"The next generation of software won’t run on code, it will run on models fueled by training data. We let our clients easily turn human knowledge into AI models, improving the safety and accuracy of AI. This is incredibly powerful, and in the right hands, can literally save lives. If we want to build software that tackles unsolved frontiers in human health, or our climate, this is the only way"
— Alberto Rizzoli, CEO
Series D+
£129M

Temasek led the Series D round, which values the cloud banking technology firm at $2.7bn.

"We are investing c.£40m into Thought Machine, a fintech innovator and partner we consider strategic to the industrial upgrade of Intesa Sanpaolo. Their cloud-based technology is fundamental to our transformation from incumbent to digital challenger, improving our core banking technology and providing the foundation for our new digital bank, Isybank."
— Carlo Messina
Growth
$300M

The payment technology platform expanded its latest financing round with participation from new strategic investors.

"GPS is an innovative technology company, and we believe their unique position at the heart of the global payments ecosystem ideally positions them to power the next generation of financial services. With the deep network and experience MissionOG brings to the table, we look forward to being a trusted and valued partner of Joanne and the entire team."
— Gene Lockhart, Chair and General Partner
Series C
£132M

Temasek led the oversubscribed Series C round with participation from Sunley House Capital and Citi Ventures.

"We are delighted to welcome Temasek as the lead investor. With a track record of investing in category-leading fintechs, Temasek’s insights will be valuable to us as we scale our platform and offering. Managing business spend is costly and challenging, yet Soldo continues to demonstrate its value and ease to customers of every size and across every industry. It’s clear this category will see exponential growth as more businesses realise the benefits and Soldo is well placed to support them."
— Carlo Gualandri, CEO and Founder
Series D+
£195M

M&G Investments contributed £35m to the £195m private transaction alongside Temasek, Wellington Management, and Nikon.

"The technology developed by Oxford Nanopore is being used in a broad range of scientific research applications, including to further biomedical science, to characterise pathogens in microbiology and public health. This is an example of how institutional investors can play an important role in accelerating growth in companies that provide a wider benefit to society."
— Jack Daniels, Chief Investment Officer
Series D+
£50.4M

The Series D round was led by Addition and will fund international expansion and product development.

"When Luca and I started TrueLayer in 2016, we imagined open banking becoming a new digital channel for solving cost and complexities around payments, digital identity, credit data and much more. We wanted to open up this newly built infrastructure to many businesses and consumers. It is such a joy to see our vision coming alive and open banking based payments quickly becoming the new normal"
— Francesco Simoneschi, Co-founder & CEO
Series D+
£126M

The financing round was co-led by Accel and Tiger Global to support the company's global expansion.

"This latest investment allows us to accelerate our growth at every level – doubling down on our successful product led growth strategy, adding to our customer roster, recruiting talent to our team worldwide and expanding geographically."
— Peter McKay, CEO
Series C
£19.6M

The financing round was led by Anthemis with participation from Connect Ventures, Northzone, and Temasek.

"Our vision when we founded TrueLayer, where Open Banking is the default pipe to move money, instantly and safely, is becoming reality. This raise will help us on that journey to open up financial infrastructure, and enable access in new geographies and across new industries."
— Francesco Simoneschi, Co-founder & CEO
Series B
£29.0M

The investment round was co-led by Lakestar and Dawn Capital with participation from Temasek and Goldman Sachs.

"When we founded Eigen five years ago, I wanted build a research-led transatlantic business. Since the Series A we have made great progress by massively scaling the company, expanding our client base, and integrating cutting-edge machine learning techniques into our NLP product. This new round will allow us to supercharge our growth. 80-90% of the enterprise data in the world today is unstructured information such as text, meaning that most organizations are unable to it unlock its value. With continuing economic uncertainty and the ongoing disruption by data-native companies such as Google, Tencent, and Amazon the imperative to be able to leverage this data is stronger than ever. The new funding will enable Eigen to further its core mission by unlocking the value of our clients’ qualitative data. This will be underpinned by another big investment in our science team, which will double in size so that we can continue to stay at the forefront of machine learning research."
— Lewis Liu, Co-founder and CEO
Series B
£14.0M

The Series B round was led by Temasek and the Scottish Investment Bank to fund the development of mobile-ready LiFi components.

"Device manufacturers are looking for new ways to provide devices with faster, more reliable and secure connectivity. LiFi is the natural next step in the evolution of global wireless communications and pureLiFi is leading the way to provide this technology to the market."
— Alistair Banham, CEO