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Temasek Holdings is a global investment company that aims to build a resilient, forward-looking portfolio to deliver sustainable long-term returns. It acts as an active, value-oriented investor, focusing on key structural trends like Digitisation, Sustainable Living, Future of Consumption, and Longer Lifespans across a diversified range of sectors and geographies.
Deal activity increased 171% year-over-year (19 deals in the last 12 months). Average disclosed round size is $264.9M (across 178 rounds with reported amounts).
Portfolio
198
Fund Size
—
Top Stage
Series C
Last 12 Mo
19
Team
HM
Hiroshi Matsumoto
President & CEO
DP
Dilhan Pillay Sandrasegara
Chief Executive Officer
JV
John Vaske
Head, Americas
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
198 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 TeraWatt Technology Inc. | Series C | — | Apr 2026 |
| PPlaylist | Growth | $785M | Mar 2026 |
 Tropic | Series C | $105M | Mar 2026 |
| RRhoda AI | Series D | $450M | Mar 2026 |
 PsiQuantum | Series C | — | Jan 2026 |
 D3 Bio | Series C | $108M | Dec 2025 |
 Black Forest Labs | Series B | $300M | Dec 2025 |
 PhysicsX | Series B | $155M | Nov 2025 |
 d-Matrix | Series C | $275M | Nov 2025 |
 CuspAI | Series A | $85M | Sep 2025 |
 Field AI | Growth | $405M | Aug 2025 |
 Aira | Growth | $150M | Aug 2025 |
| TeraWatt Technology Inc. | Series C | — | Jul 2025 |
| PhysicsX | Series B | $117.3M | Jun 2025 |
| PhysicsX | Series C | $135M | Jun 2025 |
 Whale | Series C | $60M | May 2025 |
 Electra | Series B | $186M | Apr 2025 |
| Electra | Series D | $129M | Apr 2025 |
 Mainspring Energy, Inc. | Series F | $258M | Apr 2025 |
 Fairmat | Series B | $51.5M | Apr 2025 |
| NNovotech | Unknown | — | Mar 2025 |
 Arbor Biotechnologies Inc | Series C | $73.9M | Mar 2025 |
 Sonocharge Energy | Growth | $23.5M | Jan 2025 |
 Loft Orbital | Series C | $170M | Jan 2025 |
 Fortera | Series C | $85M | Aug 2024 |
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Top Co-Investors
Khosla Ventures21 shared
SoftBank Vision Fund14 shared
Baillie Gifford11 shared
GV (Google Ventures)11 shared
Sequoia Capital10 shared
Tiger Global Management10 shared
GIC10 shared
Breakthrough Energy Ventures9 shared
Northzone8 shared
General Catalyst8 shared
BlackRock8 shared
Fidelity Investments8 shared
Tencent Investment8 shared
Horizon Ventures8 shared
Coatue Management7 shared
Mirae Asset7 shared
Andreessen Horowitz6 shared
General Atlantic6 shared
T. Rowe Price6 shared
Last updated: 10 April 2026