Temasek Holdings

Temasek Holdings is a Singapore-based investment company founded in 1974. The firm specializes in providing debt financing and is dedicated to transforming economies, enhancing middle-income populations, and fostering emerging champions. Temasek operates across various sectors, including financial services, transportation, industrial, consumer goods, real estate, telecommunications, media, technology, and life sciences. Its strategic focus is on developing comparative advantages within these industries to support sustainable growth and innovation.

Pradyumna Agrawal

Director

Soyoun Ahn

Managing Director, Investment (Credit and Hybrid Solutions)

Gary Ang

Managing Director, Macro Strategy

Parimal Aswani

Managing Director, Technology

Ravi Balasubramanian

Managing Director, Portfolio Development, New Energy and Industrials

Siddartha Bhattacharjee

Head of Mobility and Logistics and Managing Director of Portfolio Strategy & Risk Group

Eric Bielke

Director

Dawn Chan

Director of Investments

Yuliang Chang

Managing Director, Investment (China)

Eu Chua

Managing Director, Institutional Relations and Singapore Market

Ranjit Dandekar

Managing Director, Investment

Nagi Hamiyeh

Senior Managing Director

Reena Kanagasingam

Managing Director, Investment (Public Markets)

Ming Pey Lim

Chief of Staff, Executive Office, Deputy Chief Corporate Officer and Managing Director, Strategy Office

Paul Liu

Managing Director, Investment (Financial Services), Portfolio Strategy and Risk Group

Anuj Maheshwari

Head, Agri-Food Managing Director, Investment (Middle East and Africa)

Nicolas Meier

Managing Director, Investment (EMEA) and Director

Jingwen Miao

Managing Director, Investment (China)

Suranjan Mukherjee

Managing Director, Cross Asset Macro Portfolio and Joint Head, Public Market Investment Strategies

Ryan Rakestraw

Director

Parangam Ray

Managing Director, Organisation and People

Pierce Scranton

Managing Director, Institutional Relations and Deputy Head, North America

Shaun Seow

Managing Director, Singapore Market and Head, Community Stewardship

Jason Sun

Chief Representative, Beijing and Managing Director, Investment (China)

Belinda Tan

Managing Director, Finance (Financial Management)

Man-Keung Tang

Managing Director, Macro Strategy

Sulian Tay

Operating Partner

Karen Toh

Managing Director, Finance (Treasury)

Damien Vacherot

Director

Benoit Valentin

Senior Managing Director EMEA and Head of Private Equity Fund Investments

Rob Williams

Managing Director, Investment (EMEA)

Yibing Wu Ph.D

CEO, China

Past deals in Transportation

Metropolis

Series C in 2023
Metropolis is an artificial intelligence and computer vision start-up founded in 2017 and based in Los Angeles, California. The company focuses on modernizing parking and enhancing future mobility solutions. Its operating platform utilizes advanced computer vision technology to create a modern mobility commerce infrastructure that aims to improve revenue generation and lower operating expenses for real estate partners. This system enables asset owners to optimize net operating income while providing access to contemporary parking amenities and diverse mobility options.

Metropolis

Debt Financing in 2023
Metropolis is an artificial intelligence and computer vision start-up founded in 2017 and based in Los Angeles, California. The company focuses on modernizing parking and enhancing future mobility solutions. Its operating platform utilizes advanced computer vision technology to create a modern mobility commerce infrastructure that aims to improve revenue generation and lower operating expenses for real estate partners. This system enables asset owners to optimize net operating income while providing access to contemporary parking amenities and diverse mobility options.

Mahindra Electric Automobile

Private Equity Round in 2023
Mahindra Electric Automobile operates as a four-wheeler (4W) passenger electric vehicle company.

Foretellix

Series C in 2023
Foretellix Ltd. is a company based in Tel Aviv, Israel, focused on developing a verification framework for Intelligent Autonomous Systems, particularly in the realm of Autonomous Vehicles. Founded in 2010, Foretellix offers solutions that automate the safety verification of complex automated driving systems, addressing the challenges of risk, cost, and time to market. The company has created a platform that automates the analysis of safety-related coverage metrics, ensuring that vehicles perform correctly across a wide range of driving scenarios. This platform enables comprehensive coverage verification services, which are essential for confirming the safety and reliability of autonomous vehicles prior to their deployment. Additionally, Foretellix has developed a standardized language for describing autonomous vehicle scenarios, further enhancing its contributions to the field of automotive safety verification.

Amogy

Series B in 2023
Amogy is a company dedicated to creating carbon-free energy solutions for hard-to-abate sectors such as maritime, power generation, and heavy industry. The company's patented ammonia cracking technology effectively splits liquid ammonia to produce electrical power in combination with hydrogen fuel cells. This innovative approach not only enhances energy density but also offers a renewable fuel source that operates with zero carbon emissions, making it a cost-effective option for the transportation industry. By focusing on these advanced technologies, Amogy aims to facilitate emission-free mobility applications, contributing to the broader goal of decarbonization in various industries.

Omio

Series E in 2022
Omio is a travel platform founded in 2012 and headquartered in Berlin, Germany. It allows users to compare, plan, and book various modes of travel, including trains, buses, flights, and hotels. The platform features a multi-mode search tool that helps travelers explore different route options by integrating diverse data sources, making it easier to visualize and compare costs and travel times. Omio does not include urban public transport options but focuses on long-distance travel planning. The service aims to provide a simple, flexible, and personalized experience for travel enthusiasts, facilitating real-time price comparisons and bookings based on users' preferred dates and locations.

Waresix

Series B in 2022
Waresix is a logistics platform based in Jakarta, Indonesia, that specializes in freight forwarding, warehousing, and land transportation. The platform facilitates the connection between business owners and professional warehouse operators, allowing users to access on-demand warehouse services. Waresix addresses the growing demand for flexible warehousing solutions, particularly in the expanding e-commerce market. By matching unused warehouse space with businesses in need, the platform enables clients—including retailers, distributors, and manufacturers—to effectively manage inventory, adapt to variable demand, and streamline operations through features such as documentation management and billing.

Gogoro

Post in 2022
Gogoro Inc. is a manufacturer of two-wheeled electric vehicles and a pioneering provider of battery swapping infrastructure, based in Taoyuan City, Taiwan. Founded in 2011, the company specializes in electric scooters, notably the Smartscooter, which features cloud connectivity and an electric powertrain that utilizes a network of swappable batteries. This modular battery swapping system allows urban riders to access portable power through strategically placed battery vending machines, facilitating the adoption of electric mobility in densely populated areas. Gogoro aims to transform megacities into smart cities by making energy distribution more efficient and accessible. The company's comprehensive ecosystem includes Gogoro Smart Batteries, GoStations, and battery management systems, contributing to a seamless integration of hardware and software. The majority of Gogoro's revenue is generated in Taiwan, where it has established a strong presence.

Ola Electric

Series C in 2021
Ola Electric Mobility, founded in May 2017 by Ankit Jain and Anand Shah, is headquartered in Bengaluru, India. The company specializes in electric vehicles (EVs) and is focused on creating a vertically integrated ecosystem for manufacturing EVs and core components like battery packs, motors, and vehicle frames at its Ola Futurefactory. Ola Electric aims to enhance the adoption of electric mobility in India by providing reliable and affordable transportation solutions, including shared daily mobility through leasing electric cars. In addition to its domestic focus, the company is exploring opportunities to export its EVs to select international markets, aiming to capitalize on the growing demand for electrification in the mobility sector.

Grab

Post in 2021
Grab Holdings Inc. is a prominent online-to-offline service provider based in Singapore, focusing on mobile technology solutions for transportation across Southeast Asia. Founded in 2012 by Anthony Tan and Tan Hooi Lng, Grab integrates various transportation services through its platform, which includes offerings such as GrabTaxi, GrabCar, GrabHitch, GrabShare, GrabCoach, GrabShuttle, GrabShuttle Plus, GrabFamily, JustGrab, GrabNow, and GrabRental. The company operates in multiple countries, including Singapore, Indonesia, the Philippines, Malaysia, Thailand, Vietnam, and Myanmar. In addition to its headquarters in Singapore, Grab has offices in Seattle, Beijing, Bangalore, Jakarta, and Vietnam, further extending its reach and capabilities within the region.

Fabric

Series C in 2021
Fabric operates an on-demand supply chain network platform designed to enhance retail delivery services, allowing for sustainable and rapid delivery options, including same-day and one-hour services. The company utilizes micro fulfillment centers equipped with robotics and artificial intelligence to automate various order preparation processes such as inventory reception, order picking, and packing. By positioning these local inventory hubs close to end-customers, Fabric enables retailers to improve their customer experience while maintaining profitable unit economics. Founded in 2015 and based in Tel Aviv, Israel, Fabric aims to drive revenue and customer loyalty for retailers through advanced software and automation, ultimately fostering greater operational efficiency and lower costs.

Ola

Private Equity Round in 2021
Ola operates a mobile technology platform that integrates city transportation for customers and driver partners in India. Its mobile application allows its customers to book a range of cabs, auto-rickshaws, bikes, and shuttle buses. Ola's mobile application allows customers to book city taxi, outstation travel, car rental, and corporate travel services. Its mobile application is available on Windows, Android, and iOS platforms. Ankit Bhati and Bhavish Aggarwal founded Ola on December 1, 2010. It has its headquarters with additional offices in Bengaluru in India.

Waymo

Private Equity Round in 2021
Waymo is a self-driving technology company focused on enhancing mobility by creating safe and efficient transportation solutions. Established from advancements in Google's research since 2009, Waymo aims to improve the movement of people and goods through its innovative software and sensor technology. In 2015, the company marked a significant milestone by conducting the world's first fully autonomous trip on public roads in a vehicle devoid of traditional driving controls. Waymo continually refines its technology through extensive simulation testing, accumulating over one billion miles of virtual testing annually, while its autonomous vehicles have logged more than two million miles on public roads in four U.S. cities. By employing integrated sensors and artificial intelligence, Waymo's technology is designed to detect various obstacles such as pedestrians, cyclists, and road conditions, ensuring a safe and convenient on-demand travel experience for users.

Duckbill

Venture Round in 2021
Duckbill provides container trucking transportation services, international freight forwarding, and warehousing services by using big data and AI.

Didi Freight

Series A in 2021
DiDi Freight is a freight service platform that focuses on intra-city shipping and moving solutions. The company offers a variety of vehicles to meet diverse transportation needs, ensuring each delivery is fully insured and drivers are rigorously screened. DiDi Freight aims to provide transparent pricing and reliable services to enhance the shipping experience for customers.

Omio

Venture Round in 2020
Omio is a travel platform founded in 2012 and headquartered in Berlin, Germany. It allows users to compare, plan, and book various modes of travel, including trains, buses, flights, and hotels. The platform features a multi-mode search tool that helps travelers explore different route options by integrating diverse data sources, making it easier to visualize and compare costs and travel times. Omio does not include urban public transport options but focuses on long-distance travel planning. The service aims to provide a simple, flexible, and personalized experience for travel enthusiasts, facilitating real-time price comparisons and bookings based on users' preferred dates and locations.

pureLiFi

Venture Round in 2019
pureLiFi Ltd. is a light communications technology company based in Edinburgh, United Kingdom, specializing in Li-Fi, a visible light communications technology that utilizes the visible light spectrum for wireless data transmission. Founded in 2012, pureLiFi develops various products, including the Li-1st platform for testing VLC applications and Li-Flame solutions that enhance network security by preventing external intrusions. The company also offers the Li-Fire Platform, along with ceiling and desktop units, and LiFi-XC devices that provide secure wireless communications compatible with multiple operating systems. Its innovative technology addresses the challenges of diminishing wireless capacity, serving applications across diverse sectors such as healthcare, aviation, and transportation. By converting light into electrical signals, pureLiFi enables high-density data transmission, presenting a viable alternative to traditional Wi-Fi.

pureLiFi

Debt Financing in 2019
pureLiFi Ltd. is a light communications technology company based in Edinburgh, United Kingdom, specializing in Li-Fi, a visible light communications technology that utilizes the visible light spectrum for wireless data transmission. Founded in 2012, pureLiFi develops various products, including the Li-1st platform for testing VLC applications and Li-Flame solutions that enhance network security by preventing external intrusions. The company also offers the Li-Fire Platform, along with ceiling and desktop units, and LiFi-XC devices that provide secure wireless communications compatible with multiple operating systems. Its innovative technology addresses the challenges of diminishing wireless capacity, serving applications across diverse sectors such as healthcare, aviation, and transportation. By converting light into electrical signals, pureLiFi enables high-density data transmission, presenting a viable alternative to traditional Wi-Fi.

pureLiFi

Series B in 2019
pureLiFi Ltd. is a light communications technology company based in Edinburgh, United Kingdom, specializing in Li-Fi, a visible light communications technology that utilizes the visible light spectrum for wireless data transmission. Founded in 2012, pureLiFi develops various products, including the Li-1st platform for testing VLC applications and Li-Flame solutions that enhance network security by preventing external intrusions. The company also offers the Li-Fire Platform, along with ceiling and desktop units, and LiFi-XC devices that provide secure wireless communications compatible with multiple operating systems. Its innovative technology addresses the challenges of diminishing wireless capacity, serving applications across diverse sectors such as healthcare, aviation, and transportation. By converting light into electrical signals, pureLiFi enables high-density data transmission, presenting a viable alternative to traditional Wi-Fi.

LF Logistics

Private Equity Round in 2019
LF Logistics offers a suite of integrated logistics and supply chain management services in the Fast Moving Consumer Goods, Food & Beverage, Footwear & Apparel, and Retail sectors. Through its comprehensive distribution network in Asia, LF Logistics collaborates closely with over 400 brand owners and retailers to provide tailor-made warehousing and transport management solutions.

Omio

Series D in 2018
Omio is a travel platform founded in 2012 and headquartered in Berlin, Germany. It allows users to compare, plan, and book various modes of travel, including trains, buses, flights, and hotels. The platform features a multi-mode search tool that helps travelers explore different route options by integrating diverse data sources, making it easier to visualize and compare costs and travel times. Omio does not include urban public transport options but focuses on long-distance travel planning. The service aims to provide a simple, flexible, and personalized experience for travel enthusiasts, facilitating real-time price comparisons and bookings based on users' preferred dates and locations.

Ola

Secondary Market in 2018
Ola operates a mobile technology platform that integrates city transportation for customers and driver partners in India. Its mobile application allows its customers to book a range of cabs, auto-rickshaws, bikes, and shuttle buses. Ola's mobile application allows customers to book city taxi, outstation travel, car rental, and corporate travel services. Its mobile application is available on Windows, Android, and iOS platforms. Ankit Bhati and Bhavish Aggarwal founded Ola on December 1, 2010. It has its headquarters with additional offices in Bengaluru in India.

Gojek

Series E in 2018
Gojek is an app that providing a variety of services from payments, food delivery, transportation, and logistics. The app is used for food ordering, commuting, digital payments, shopping, hyper-local delivery, getting a massage, and other services. It aims to create a positive socio-economic impact on customers, driver-partners, business, and MSMEs. Gojek is backed by investors including Google, Facebook, PayPal, Sequoia Capital, and Tencent Holdings. The company was founded in 2009 in Jakarta, Jakarta Raya, Indonesia by Kevin Aluwi, Nadiem Makarim, and Michaelangelo Moran.

BluJay Solutions

Private Equity Round in 2017
BluJay Solutions is a software-as-a-service (SaaS) company that specializes in logistics and transportation software for logistics service providers, freight forwarders, and various businesses in the supply chain. The company's cloud-based solutions enable shippers and freight forwarders to enhance operational efficiency by offering features such as hands-free customs processing, real-time data analytics, and increased visibility. These tools help clients adapt swiftly to changing market conditions, minimize risks, and leverage opportunities for profitable growth. With over 17 years of experience in the industry, BluJay Solutions aims to support retailers, distributors, manufacturers, and logistics service providers in optimizing their operations. The company is owned by Francisco Partners, a private equity firm known for its investments in technology and technology-enabled services.

Gogoro

Series C in 2017
Gogoro Inc. is a manufacturer of two-wheeled electric vehicles and a pioneering provider of battery swapping infrastructure, based in Taoyuan City, Taiwan. Founded in 2011, the company specializes in electric scooters, notably the Smartscooter, which features cloud connectivity and an electric powertrain that utilizes a network of swappable batteries. This modular battery swapping system allows urban riders to access portable power through strategically placed battery vending machines, facilitating the adoption of electric mobility in densely populated areas. Gogoro aims to transform megacities into smart cities by making energy distribution more efficient and accessible. The company's comprehensive ecosystem includes Gogoro Smart Batteries, GoStations, and battery management systems, contributing to a seamless integration of hardware and software. The majority of Gogoro's revenue is generated in Taiwan, where it has established a strong presence.

Meituan Bike

Private Equity Round in 2017
Meituan Bike (formerly Mobike) is a Chinese fully station-less bicycle-sharing system. It develops mobile apps for users to find and use bicycles to travel anywhere. Davis Wang Xiao Feng, Hu Wei Wei, and Xia Yi Ping founded Mobike on January 27, 2015, with its headquarters in Beijing, China. Mobike raised $600 million in Series E funding led by Tencent, bringing the firm's fundraising in 2017 alone to nearly US$1 billion in June 2017. It became worth US$3 billion in the same month. Chinese web company Meituan-Dianping acquired Mobike for US$2.7 billion in April 2018. Parent company Meituan-Dianping announced name change from Mobike to Meituan Bike on January 23, 2019 as part of an ongoing integration.

Nio

Series B in 2016
NIO Inc. is a pioneer in China’s premium smart electric vehicle market. NIO’s mission is to shape a joyful lifestyle by offering premium smart electric vehicles and being the best user enterprise. NIO designs, jointly manufactures, and sells smart and connected premium electric vehicles, driving innovations in next generation technologies in connectivity, autonomous driving and artificial intelligence. Redefining the user experience, NIO provides users with comprehensive, convenient and innovative charging solutions and other user-centric services. NIO began deliveries of the ES8, a 7-seater high-performance premium electric SUV in China in June 2018, and its variant, the six-seater ES8, in March 2019. NIO officially launched the ES6, a 5-seater high-performance premium electric SUV, in December 2018 and began deliveries in June 2019. NIO officially launched the EC6, a 5-seater smart premium electric Coupe SUV, in December 2019 and plans to commence deliveries in 2020.

SMRT Corporation

Acquisition in 2016
SMRT Corporation Ltd is an investment holding company based in Singapore that specializes in multi-modal land transport services, both domestically and internationally. The company operates through various segments, including Rail Operations, which manages the mass rapid transit system and light rapid transit services; Bus Operations, which provides public bus services with a fleet of approximately 1,200 buses; and Taxi Operations, which offers taxi and rental services with around 3,500 taxis. Additionally, SMRT engages in commercial space leasing, advertising, engineering consultancy, and other support services. The company also provides charter hire and maintenance services, and operates an educational institution focused on transport-related training. Founded in 1987, SMRT Corporation Ltd has established itself as a key player in Singapore's transportation landscape.

pureLiFi

Series B in 2016
pureLiFi Ltd. is a light communications technology company based in Edinburgh, United Kingdom, specializing in Li-Fi, a visible light communications technology that utilizes the visible light spectrum for wireless data transmission. Founded in 2012, pureLiFi develops various products, including the Li-1st platform for testing VLC applications and Li-Flame solutions that enhance network security by preventing external intrusions. The company also offers the Li-Fire Platform, along with ceiling and desktop units, and LiFi-XC devices that provide secure wireless communications compatible with multiple operating systems. Its innovative technology addresses the challenges of diminishing wireless capacity, serving applications across diverse sectors such as healthcare, aviation, and transportation. By converting light into electrical signals, pureLiFi enables high-density data transmission, presenting a viable alternative to traditional Wi-Fi.

G7

Series C in 2016
G7 is a provider and operator of fleet management systems that focuses on optimizing the transportation ecosystem in China. With an installation base of 800,000 cargo vehicles, the company utilizes proprietary hardware devices to gather critical data for logistics companies and drivers. Its platform enables businesses to monitor the location of trucks, track cargo status—including temperature and humidity—analyze fuel consumption, and record driver habits. By offering tools for route optimization and estimating departure and arrival times, G7 helps corporate clients and business owners enhance the efficiency of their transportation networks.

Didi

Private Equity Round in 2015
Didi Chuxing is a mobile transportation platform that offers app-based transportation services. The company offers a mobile tech-based mobility option for users across, including taxi-hailing, private car-hailing, Hitch (social ride-sharing), DiDi Chauffeur, DiDi Bus, DiDi Test Drive, DiDi Car Rental, and DiDi Enterprise Solutions. As a practitioner in the sharing economy initiative, DiDi is committed to working with communities and partners to solve transportation, environmental challenges, and employment problems using big data-driven deep-learning algorithms that optimize resource allocation.

Didi

Series D in 2014
Didi Chuxing is a mobile transportation platform that offers app-based transportation services. The company offers a mobile tech-based mobility option for users across, including taxi-hailing, private car-hailing, Hitch (social ride-sharing), DiDi Chauffeur, DiDi Bus, DiDi Test Drive, DiDi Car Rental, and DiDi Enterprise Solutions. As a practitioner in the sharing economy initiative, DiDi is committed to working with communities and partners to solve transportation, environmental challenges, and employment problems using big data-driven deep-learning algorithms that optimize resource allocation.

Savi Technology

Series C in 2001
Savi is the leader in applying big data analytics, data science, and machine learning to in-transit visibility. We develop innovative Internet of Things (IoT) and in-transit visibility solutions for the largest and most complex supply chains in the world. More than 1,000 companies and government organizations depend on Savi applications to reduce supply chain disruptions, improve delivery performance, and decrease logistics costs. For more information about Savi visit www.savi.com.

Savi Technology

Series B in 2000
Savi is the leader in applying big data analytics, data science, and machine learning to in-transit visibility. We develop innovative Internet of Things (IoT) and in-transit visibility solutions for the largest and most complex supply chains in the world. More than 1,000 companies and government organizations depend on Savi applications to reduce supply chain disruptions, improve delivery performance, and decrease logistics costs. For more information about Savi visit www.savi.com.

Savi Technology

Series A in 1999
Savi is the leader in applying big data analytics, data science, and machine learning to in-transit visibility. We develop innovative Internet of Things (IoT) and in-transit visibility solutions for the largest and most complex supply chains in the world. More than 1,000 companies and government organizations depend on Savi applications to reduce supply chain disruptions, improve delivery performance, and decrease logistics costs. For more information about Savi visit www.savi.com.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.