Temasek

Temasek is a Singaporean investment company that has projects in Russia.

History

2023: $6.4 billion investment

Singapore Investment Corporation Temasek in 2023 became one of the three largest sovereign wealth funds in the world in terms of investments of $17.5 billion. Read more here.

2022: $275 million loss on investment in the bankrupt FTX crypto exchange

In November 2022, the Singapore state fund Temasek wrote off $275 million in losses from investments in the bankrupt FTX crypto exchange.

2021: Investing in a manufacturer of titanium rings that measure body temperature and heart rate, Oura

In early May 2021, the manufacturer of titanium rings measuring body temperature and heart rate raised $100 million. Thanks to this round of funding, Oura raised a total of $148.3 million. Temasek, JAZZ Venture Partners and Eisai became new investors, they were also joined by investors Forerunner Ventures, Square, MSD Capital, Marc Benioff, Lifeline Ventures, Metaplanet Holdings and Next Ventures. Read more here.

2020: Investing in medical tech company Verily

In mid-December 2020 Verily , it raised $700 million in investments. The medical unit Google will direct these funds to expand research, including the Baseline platform for studying coronavirus. COVID-19 More. here

2018: Temasek bought Sygnia for $250m

In mid-October 2018, Temasek, which has projects in Russia, announced the purchase of Sygnia, a company specializing in information security consulting. Although the value of the transaction has not been officially announced, ZDNet knows the amount from an informed source - about $250 million. Read more here.