GARAGE
·
SUBSCRIBERS
State-owned investors ramp up startup bets in first three quarters: Global SWF
They invest US$14.9b across 256 venture capital transactions; Temasek stands out globally as an active investor in early-stage, pre-IPO deals
Add BT as a preferred source
Published Mon, Oct 4, 2021 · 09:50 PM
Singapore
STATE-OWNED Investors (SOIs) are pumped up about startups, investing US$14.9 billion across 256 venture capital (VC) deals in the first three quarters of this year.
This exceeds the US$8.9 billion that SOIs sank into 118 VC deals in all of 2020, according to Global SWF, which tracks data on SOIs, including sovereign wealth and public pension funds.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
