Temasek Holdings

investment company owned by the Government of Singapore

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01.07.2024Labour Party wins the general election

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business 2025-03-31 03:00
Novotech secures major investments to fuel expansion plans
  • GIC and Temasek signed binding agreements to acquire a significant stake in Novotech to foster its global growth.
  • This investment, alongside TPG Asia's reinvestment, is aimed at supporting organic growth and transformative acquisitions.
  • The ongoing support from multiple major investors positions Novotech to expand its reach in the rapidly growing clinical trial market.
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Veeam reaches $15 billion valuation in shocking secondary sale
business 2024-12-04 00:00
Veeam reaches $15 billion valuation in shocking secondary sale
  • Veeam raised $2 billion in a secondary share sale, increasing its valuation to $15 billion.
  • The investment led by TPG and supported by key players aims to prepare for an eventual IPO.
  • This funding marks a significant growth trajectory for Veeam, which recorded $1.7 billion in annual recurring revenue.
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