temasek

Betting on China’s driverless future, Toyota, Bosch, Daimler jump on board Momenta’s $500M round

Across the street from Suzhou North, a high-speed railway station in a historic city near Shanghai, a futuristic M-shaped building easily catches the eye of anyone passing by. It houses the headquarte

SumUp raises $895M in debt to double down on its B2C payments business

SumUp, a London-based startup that helps businesses power revenues through card payments — by way of physical readers, online payments, invoices and other services — is itself powering up

Plant-based food startup Next Gen lands $10M seed round from investors including Temasek

Singapore is quickly turning into a hub for food-tech startups, partly because of government initiatives supporting the development of meat alternatives. One of the newest entrants is Next Gen, which

China’s Black Lake raises $77M to give factories a digital upgrade

Zhou Yuxiang doesn’t have the typical profile for working in China’s manufacturing world. A soft-spoken yet incisive person in his early thirties, Zhou graduated from Dartmouth College wit

Apeel gets more cash to fight poverty and food insecurity in emerging markets with its food-preserving tech

In the first real test of the potentially transformative power of its food-preserving technology, Santa Barbara, California-based Apeel Sciences is bringing its innovative food treatment and supply ch

Bowery Farming adds executives as it expands to sell produce in 650 stores

Bowery Farming has added to its executive team as it expands its retail footprint to 650 stores, the company said. From three indoor farms in Kearny, New Jersey and Nottingham, Maryland, the New York-

Alternative protein companies have raised a whopping $1.5 billion through July of this year

Companies like Perfect Day, Impossible Foods and a host of other startups that are developing replacements for animal-farmed goods used in food, clothes, cosmetics and chemicals have raised a whopping

What will a Wish IPO look like? We may know soon

Wish, the San Francisco-based, 750-person e-commerce app that sells deeply discounted goods that you definitely don’t need but might buy anyway when priced so low — think pool floats, guin

Omio takes $100M to shuttle through the coronavirus crisis

Multimodal travel platform Omio (formerly GoEuro) has raised $100M in late stage funding to help see its business through the coronavirus crisis. It also says it’s eyeing potential M&A oppor

Unpacking Duck Creek Technologies’ IPO and hoped-for $2.7B valuation

Tech stocks retain their highs as the second quarter’s earnings season begins to fade into the rearview mirror, and there are still a number of companies looking to go public while the times are

Brave Robot ice cream launches as the first brand from the Perfect Day-backed Urgent Company

The founders of the alternative dairy protein manufacturer, Perfect Day, have joined with a longtime product developer in the dairy industry to create a new sustainably focused consumer food company c

Project Ubin, the Singaporean money authority’s blockchain initiative, moves closer to commercialization

The Monetary Authority of Singapore (MAS) and state investment firm Temasek announced today that Project Ubin, its blockchain-based multi-currency payments network, has proven its commercial potential

Pipo Saude raises $4.6 million to bring healthcare benefits management services to Brazil

Pipo Saude, a Brazilian provider of healthcare services for businesses and their employees, has raised $4.6 million in a new round of funding to expand its footprint in Brazil. “The company&#821

With $84 million in new cash, Commonwealth Fusion is on track for a demonstration fusion reactor by 2025

Commonwealth Fusion Systems closed on its latest $84 million in new funding two weeks ago. The U.S. was still very much in the lockdown phase and getting a deal done, especially a multimillion dollar

With fresh support from its billionaire backers Pivot Bio is ushering in a farming revolution

In the first decade of the twentieth century two German chemists, Fritz Haber and Carl Bosch, invented fertilizer — the nitrogen compound which ushered in modern agriculture and saved the world

Impossible Foods confirms $500 million fundraising, has raised $1.3 billion in total

Impossible Foods, the privately held meat replacement challenger to publicly traded Beyond Meat, said it has raised roughly $500 million in its latest round of funding. The new investment brings the c

ManoMano raises $139 million for its home improvement e-commerce platform

French startup ManoMano is raising another mega round of funding. The company operates an e-commerce website for DIY, home improvement and gardening products. This time, ManoMano is raising $139 milli

Memphis Meats raised $161 million from SoftBank Group, Norwest and Temasek

Memphis Meats, a developer of technologies to manufacture meat, seafood and poultry from animal cells, has raised $161 million in financing from investors, including Softbank Group, Norwest and Temase

Plant-based milk substitute market gets frothy with $225 million for Califia Farms

The market for companies developing dairy substitutes is really getting frothy. In December, the startup Perfect Day Foods announced it had raised $140 million in financing for its dairy replacement a

Impossible adds ‘ground pork’ and ‘sausages’ to its lineup of plant-based foods

Impossible Foods made huge waves in the food industry when it came up with a way of isolating and using “heme” molecules from plants to mimic the blood found in animal meat (also comprised
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