[SINGAPORE] Temasek will be shifting away from direct investing in early-stage startups, instead focusing on growth and late-stage startups. Fock Wai Hoong, Temasek’s South-east Asia head, said: “These are areas that I think have a better risk profile for us, the business models are proven out, the product market fit is proven up, unit economics are clear.” Temasek noted that early-stage investment remains capped at 6 per cent of the company’s overall portfolio in July. The focus for capital deployment will be on helping growth-stage startups scale up. This move impacts only Temasek’s direct investment, with its other fund vehicles such as Vertex Ventures still focused on early-stage startups. The Singapore investment company still intends to expand its South-east Asia portfolio, but its doing so would depend on the opportunities available that fit its risk-reward profile   https://www.businesstimes.com.sg/startups-tech/startups/temasek-shift-focus-direct-investing-early-stage-startups-later-stage-ones   (ICE SINGAPORE)

Fonte notizia: The Business Times, 11 November 2025