Gic

GIC Pte. Ltd. is a sovereign wealth fund wholly owned by the Government of Singapore, established in 1981 to manage the country’s foreign reserves. The firm focuses on securing Singapore's financial future by investing across a diverse range of asset classes in both public and private markets. Its investment strategy includes public and private equity, with particular emphasis on health care, financial services, natural resources, real estate, and fixed income, as well as alternative markets such as foreign exchange and commodities. GIC also engages in venture capital, providing seed capital to start-ups and growth companies. The organization operates through subsidiaries that specialize in various investment categories and maintains a global presence with offices in key financial centers around the world. GIC aims to achieve sustainable long-term returns above global inflation, thereby fulfilling its responsibility to preserve and enhance Singapore's financial reserves for future generations.

Ethel Chen

SVP, Venture Capital and Technology Investing

Chow Kiat Lim

CEO and Founder

Sam Rosen

Investor

Kok Lee

Chief Investment Officer

Bryan Yeo

Chief Investment Officer, Public Equities

Past deals in Industrial Gases

Sunfire

Series E in 2024
Sunfire is a company that specializes in developing and manufacturing systems for renewable industrial gas and fuel production. It focuses on creating substitutes for fossil fuels, such as mineral oil and natural gas, through innovative technologies like electrolyzers and solid oxide cells. These systems convert renewable electrical energy from sources like wind farms, hydropower plants, and photovoltaic systems into fuels and gases, including renewable hydrogen and syngas. By enabling the chemical, fuel, and steel industries to transition away from fossil energy, Sunfire aims to provide sustainable energy solutions that are available whenever needed, thus integrating renewable energy into existing infrastructures.

Messer Group

Acquisition in 2023
Messer Group is a leading manufacturer and supplier of industrial gases with over 120 years of expertise in the field. The company provides a comprehensive range of gases, including oxygen, nitrogen, argon, carbon dioxide, hydrogen, and helium, as well as specialty gases and gas mixtures tailored for various applications. Messer serves diverse industries such as metal processing, chemicals, food and beverages, pharmaceuticals, electronics, healthcare, and energy. In addition to gas production and distribution, the company offers gas-related equipment and technologies, focusing on optimizing gas usage and enhancing efficiency. Messer Group is committed to developing innovative solutions that meet the specific needs of its customers across multiple sectors.

Messer Group

Private Equity Round in 2023
Messer Group is a leading manufacturer and supplier of industrial gases with over 120 years of expertise in the field. The company provides a comprehensive range of gases, including oxygen, nitrogen, argon, carbon dioxide, hydrogen, and helium, as well as specialty gases and gas mixtures tailored for various applications. Messer serves diverse industries such as metal processing, chemicals, food and beverages, pharmaceuticals, electronics, healthcare, and energy. In addition to gas production and distribution, the company offers gas-related equipment and technologies, focusing on optimizing gas usage and enhancing efficiency. Messer Group is committed to developing innovative solutions that meet the specific needs of its customers across multiple sectors.
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