Temasek

Dan Rosensweig joins Asia's Edtech major upGrad's Board of Directors

Retrieved on: 
Wednesday, March 1, 2023

NEW YORK, March 1, 2023 /PRNewswire/ -- Asia's largest Integrated Learning Skilling & Workforce development company upGrad today announced Dan Rosensweig, a longtime Silicon Valley Executive joining its Board of Directors.

Key Points: 
  • NEW YORK, March 1, 2023 /PRNewswire/ -- Asia's largest Integrated Learning Skilling & Workforce development company upGrad today announced Dan Rosensweig, a longtime Silicon Valley Executive joining its Board of Directors.
  • He comes on board as an Independent Non-Executive Director and joins the current senior representatives from Singapore-based investor Temasek and International Finance Corporation (IFC).
  • As President and CEO of Chegg (NYSE: CHGG) since 2010, Dan Rosensweig has transformed the company into the leading, student-first connected learning platform.
  • Dan also serves on the Board of Adobe and is a senior advisor to TPG Growth Ventures & Kleiner Perkins.

Ionblox increases Series B to $32m with investment from Lilium, Applied Ventures, Temasek and Catalus Capital

Retrieved on: 
Wednesday, February 8, 2023

Ionblox, a next-generation lithium-ion battery company announced a second close of its Series B round at an increased $32 million.

Key Points: 
  • Ionblox, a next-generation lithium-ion battery company announced a second close of its Series B round at an increased $32 million.
  • Strategic partners include original investors Lilium and Applied Ventures who were joined by Temasek and Catalus Capital.
  • The company will use the increased Series B funding to scale its technology, develop advanced high-power cells for electric aviation, and prototype fast-charge cells for Electric Vehicles.
  • Ionblox is currently producing its large format pouch cells of up to 50Ah on its pilot production lines.

Anne Hathaway Makes First B2B Investment, Backing Future of Food Leader The EVERY Co.

Retrieved on: 
Wednesday, February 1, 2023

The EVERY Co. (“EVERY®”), a pioneering food tech company that is accelerating the world’s transition to animal-free protein, announced that Anne Hathaway has invested in its platform.

Key Points: 
  • The EVERY Co. (“EVERY®”), a pioneering food tech company that is accelerating the world’s transition to animal-free protein, announced that Anne Hathaway has invested in its platform.
  • View the full release here: https://www.businesswire.com/news/home/20230201005357/en/
    The EVERY Co. welcomes investor Anne Hathaway.
  • EVERY is ushering in a new era for nutritious, delicious animal-free foods with a lighter environmental footprint.
  • “The need to transform our food system has never been clearer or more urgent,” noted Hathaway.

Living Carbon raises new funding to plant 4M fast-growing, carbon-guzzling supertrees in US

Retrieved on: 
Tuesday, January 17, 2023

Chris Sacca, Founder of Lowercarbon Capital, said: “Living Carbon engineers supertrees that grow up to 50% faster and eat up to 27% more CO2 than your run of the mill logs.

Key Points: 
  • Chris Sacca, Founder of Lowercarbon Capital, said: “Living Carbon engineers supertrees that grow up to 50% faster and eat up to 27% more CO2 than your run of the mill logs.
  • This new funding will allow us to produce 4-5M photosynthesis-enhanced seedlings and plant them at large scale.
  • The seedlings will be available for companies to purchase to reduce their carbon footprint alongside Living Carbon’s carbon quantification and monitoring.
  • Living Carbon’s removal solution brings much needed innovation to the space, offering truly additional carbon solutions.

GLOBAL PRIVATE CAPITAL ASSOCIATION APPOINTS FOUR NEW BOARD DIRECTORS

Retrieved on: 
Thursday, January 12, 2023

NEW YORK and LONDON, Jan. 12, 2023 /PRNewswire/ -- The Global Private Capital Association (GPCA) announces the appointment of four new Board Directors:

Key Points: 
  • The organization's proprietary data and market intelligence highlight forward-looking trends such as digitalization and energy transition, as well as the societal impact of private capital investments.
  • GPCA's Singapore office – co-funded by the Monetary Authority of Singapore – is the organization's headquarters for the region, located in Asia's central financial hub.
  • Cate Ambrose, CEO and Member of the Board of Directors of GPCA, commented:
    "I am thrilled to welcome four new Board members from some of the most influential institutions committing capital across global markets today.
  • As individuals, they are closely aligned with GPCA's focus on inclusive and sustainable growth, and they bring valuable perspectives on the fundamental shifts that will define future opportunity for private capital investors."

MSafe Raises $5 Million Seed for Developing Multi-Signature Wallet Solutions

Retrieved on: 
Thursday, January 5, 2023

SAN FRANCISCO, Jan. 5, 2023 /PRNewswire/ -- MSafe, a trailblazer in developing the first multi-signature wallet solution on the Aptos / Move ecosystem, today announced the completion of a $5 million USD seed round.

Key Points: 
  • SAN FRANCISCO, Jan. 5, 2023 /PRNewswire/ -- MSafe, a trailblazer in developing the first multi-signature wallet solution on the Aptos / Move ecosystem, today announced the completion of a $5 million USD seed round.
  • Since deploying the first multi-signature wallet on Aptos mainnet in Oct 2022, MSafe has been gaining fast growing adoption by decentralized exchange (DEX), decentralized finance (DeFi), non-fungible token (NFT) developers and more.
  • MSafe's wallet solution is designed to deliver outstanding security, full interoperability, and true decentralization, addressing the core challenges in mass adoption of digital assets.
  • MSafe will use the proceeds to grow its team, develop its product portfolio, and scale product adoption.

Infosys Compaz Collaborates with Singapore's StarHub for their IT Transformation Journey

Retrieved on: 
Wednesday, January 4, 2023

SINGAPORE, Jan. 4, 2023 /PRNewswire/ -- Infosys Compaz, a joint venture between Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, and Temasek, today announced a collaboration with Singapore-based communications, entertainment and digital services provider StarHub, to enable their IT transformation, while strengthening their technology operations, service management and cybersecurity. Through this engagement, Infosys Compaz will boost the quality, performance, availability, responsiveness, and cost efficiency of StarHub's foundational technology platform, while improving customer satisfaction and minimizing cyber risks.

Key Points: 
  • As part of this collaboration, Infosys Compaz will help StarHub enhance their sourcing strategy for IT services, to support their changing business needs while establishing a variable cost structure.
  • Mohit Joshi, President, Infosys, said, "Across several global engagements, Infosys has proven its command in the sphere of large-scale technology operations and digital transformation.
  • We are delighted that Infosys Compaz was chosen to drive StarHub's digital transformation journey and to accelerate their innovation agenda."
  • Manohar Atreya, CEO, Infosys Compaz, said, "We are delighted to collaborate with StarHub in their strategic digital journey.

Landmark Pilot Signals a Connected, Transparent and Secure Future for Carbon Markets

Retrieved on: 
Monday, December 19, 2022

SINGAPORE, Dec. 19, 2022 /PRNewswire/ -- Carbon credit transaction network Carbonplace and Climate Impact X (CIX), a global marketplace and exchange for quality environmental credits, have today announced a successful series of proof-of-concept transactions that will dramatically increase the speed, security and accessibility of carbon market trading.

Key Points: 
  • This landmark pilot, carried out on CIX's Project Marketplace, paves the way for the enhanced connectivity between buyers and sellers required to support carbon market liquidity and scale.
  • "At Carbon Growth Partners, one of our core mandates is to facilitate confidence and liquidity in carbon markets to mobilise climate finance to support impactful projects.
  • Bill Gilbert, Head of Carbon Markets at NatWest, "Resilient, flexible and modern infrastructure that ensures trust, access and transparency is essential for carbon markets to grow and function effectively.
  • It will enable the simple, transparent, and secure transfer of certified carbon credits.

Landmark Pilot Signals a Connected, Transparent and Secure Future for Carbon Markets

Retrieved on: 
Monday, December 19, 2022

SINGAPORE, Dec. 19, 2022 /PRNewswire/ -- Carbon credit transaction network Carbonplace and Climate Impact X (CIX), a global marketplace and exchange for quality environmental credits, have today announced a successful series of proof-of-concept transactions that will dramatically increase the speed, security and accessibility of carbon market trading.

Key Points: 
  • This landmark pilot, carried out on CIX's Project Marketplace, paves the way for the enhanced connectivity between buyers and sellers required to support carbon market liquidity and scale.
  • "At Carbon Growth Partners, one of our core mandates is to facilitate confidence and liquidity in carbon markets to mobilise climate finance to support impactful projects.
  • Bill Gilbert, Head of Carbon Markets at NatWest, "Resilient, flexible and modern infrastructure that ensures trust, access and transparency is essential for carbon markets to grow and function effectively.
  • It will enable the simple, transparent, and secure transfer of certified carbon credits.

Deep Energy Capital and Eavor Technologies to build 5 geothermal projects as construction gathers pace at their first European site

Retrieved on: 
Thursday, December 8, 2022

Deep Energy will finance at least five projects, requiring up to €1 billion, from Eavor’s growing European and North American project pipeline.

Key Points: 
  • Deep Energy will finance at least five projects, requiring up to €1 billion, from Eavor’s growing European and North American project pipeline.
  • Eavor’s closed-loop geothermal systems extract heat energy from an isolated network of wellbores, akin to a deep underground radiator.
  • As a conduit for sustainable infrastructure investment, Deep Energy Capital aims to deliver sustainable, reliable and secure energy to power grids and local communities globally.
  • Eavor achieves this by mitigating or eliminating many of the issues that have traditionally hindered geothermal energy.