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2025-04-04 13:25:54 -

Li Ka Shing Foundation, Temasek Trust jointly commit $9M to acquire systems and advance clinical trial for innovative histotripsy cancer therapy in Singapore
The Li Ka Shing Foundation (LKSF) and Temasek Trust (TT) have committed S$12 million ($8.99 million) to bring innovative non-invasive ultrasound-based histotripsy tumor clinical trials to Singapore. The duo said in a statement on Friday that the National Cancer Centre Singapore (NCCS) and the National University Cancer Institute, Singapore (NCIS) will each receive one Histotripsy System...

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2025-04-01 06:28:12 -

Temasek and GIC acquire stake in Singapore-headquartered biotech specialist CRO Novotech
Novotech, Singapore-headquartered full-service biotech specialist clinical research organization (CRO), announced that affiliates of GIC and Temasek have signed binding agreements to acquire a significant stake in the company, with the additional capital earmarked to accelerate its global growth. Existing investor TPG will also reinvest through its TPG Asia fund, Novotech said in a statement...

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2025-01-27 23:54:10 -

Temasek backs Databricks in $15B financing to boost AI globally
Databricks, the global data and artificial intelligence (AI) company, has on Wednesday announced the final closing of its Series J funding. Existing investor QIA, the sovereign wealth fund of the State of Qatar, along with new investors including Temasek and entities administered by Macquarie Capital, participated in the funding round, which values the company at $62 billion, Databricks said...

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2025-04-01 06:38:24 -

Temasek renews investment in global animal health firm Ceva Animal Health
Ceva Animal Health (Ceva), the world’s fifth-largest animal health company, said the Singapore-based global investment firm Temasek has renewed its investment in the company. Ceva announced in a statement on Monday the restructuring of its capital. According to the statement, all investors including pure investors led by Temasek, have renewed their investment, demonstrating their...

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2025-02-05 08:24:02 -

Temasek, CenterSquare set up commercial real estate debt co-investment vehicle
Temasek, a global investment company headquartered in Singapore, and CenterSquare Investment Management, a real estate investment managed based in the United States, has on Monday announced the creation of a commercial real estate debt co-investment vehicle. Once fully funded, the vehicle will have $200 million to deploy and will invest in high-quality subordinate real estate loans,...

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2025-04-18 04:21:52 -

Temasek-backed ABC Impact closes second fund at over $600M
ABC Impact, the Asia-focused impact investment firm backed by Singapore state-owned fund Temasek, has successfully completed the final closing of its second fund at over $600 million, doubling the size of Fund I. ABC Impact said in a statement on Monday that this milestone deepens the firm’s commitment to addressing Asia’s critical social and environmental needs through...

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