Temasek Holdings

Temasek Holdings is a Singapore-based investment company founded in 1974. The firm specializes in providing debt financing and is dedicated to transforming economies, enhancing middle-income populations, and fostering emerging champions. Temasek operates across various sectors, including financial services, transportation, industrial, consumer goods, real estate, telecommunications, media, technology, and life sciences. Its strategic focus is on developing comparative advantages within these industries to support sustainable growth and innovation.

Pradyumna Agrawal

Director

Soyoun Ahn

Managing Director, Investment (Credit and Hybrid Solutions)

Gary Ang

Managing Director, Macro Strategy

Parimal Aswani

Managing Director, Technology

Ravi Balasubramanian

Managing Director, Portfolio Development, New Energy and Industrials

Siddartha Bhattacharjee

Head of Mobility and Logistics and Managing Director of Portfolio Strategy & Risk Group

Dawn Chan

Director of Investments

Yuliang Chang

Managing Director, Investment (China)

Eu Chua

Managing Director, Institutional Relations and Singapore Market

Ranjit Dandekar

Managing Director, Investment

Nagi Hamiyeh

Senior Managing Director

Reena Kanagasingam

Managing Director, Investment (Public Markets)

Ming Pey Lim

Chief of Staff, Executive Office, Deputy Chief Corporate Officer and Managing Director, Strategy Office

Paul Liu

Managing Director, Investment (Financial Services), Portfolio Strategy and Risk Group

Anuj Maheshwari

Head, Agri-Food Managing Director, Investment (Middle East and Africa)

Nicolas Meier

Managing Director, Investment (EMEA) and Director

Jingwen Miao

Managing Director, Investment (China)

Suranjan Mukherjee

Managing Director, Cross Asset Macro Portfolio and Joint Head, Public Market Investment Strategies

Ryan Rakestraw

Director

Parangam Ray

Managing Director, Organisation and People

Pierce Scranton

Managing Director, Institutional Relations and Deputy Head, North America

Shaun Seow

Managing Director, Singapore Market and Head, Community Stewardship

Jason Sun

Chief Representative, Beijing and Managing Director, Investment (China)

Belinda Tan

Managing Director, Finance (Financial Management)

Man-Keung Tang

Managing Director, Macro Strategy

Sulian Tay

Operating Partner

Karen Toh

Managing Director, Finance (Treasury)

Damien Vacherot

Director

Benoit Valentin

Senior Managing Director EMEA and Head of Private Equity Fund Investments

Rob Williams

Managing Director, Investment (EMEA)

Yibing Wu Ph.D

CEO, China

Past deals in Recycling

FAIRMAT

Series B in 2025
We are bringing new, sustainable and innovative way to recycle carbon fiber composite. Thanks to our proprietary technology, we produce a recycled material. It's a light and strong high-tech material designed to be used in industries such as mobility, consumer electronics, automotive, and sports & leisure.

Samsara Eco

Series A in 2024
Samsara Eco is an enviro-tech company focused on addressing plastic pollution through innovative recycling solutions. The company has developed a groundbreaking enzymatic technology that enables the infinite recycling of plastic waste. By utilizing specialized enzymes that decompose plastics into their fundamental components, Samsara Eco allows these materials to be reused repeatedly as high-quality inputs for new plastic products or converted into more valuable commodities. This process is effective regardless of the color and shape of the plastic, empowering manufacturers to create brand new items from recycled materials. Through its efforts, Samsara Eco aims to significantly reduce plastic waste and promote sustainability in the manufacturing sector.

Ascend Elements

Series D in 2023
Ascend Elements is a manufacturer of advanced battery materials, specializing in the reclamation of valuable elements from spent lithium-ion batteries. The company employs hydroprocess recycling and direct recycling techniques to deconstruct old cathode materials to the atomic level, allowing for the creation of new cathode materials. This innovative approach not only facilitates the recycling of battery components but also supports clients in maximizing their returns on investments, promoting the economic viability of recycling and the production of low-cost battery materials.

FAIRMAT

Series A in 2022
We are bringing new, sustainable and innovative way to recycle carbon fiber composite. Thanks to our proprietary technology, we produce a recycled material. It's a light and strong high-tech material designed to be used in industries such as mobility, consumer electronics, automotive, and sports & leisure.

Samsara Eco

Series A in 2022
Samsara Eco is an enviro-tech company focused on addressing plastic pollution through innovative recycling solutions. The company has developed a groundbreaking enzymatic technology that enables the infinite recycling of plastic waste. By utilizing specialized enzymes that decompose plastics into their fundamental components, Samsara Eco allows these materials to be reused repeatedly as high-quality inputs for new plastic products or converted into more valuable commodities. This process is effective regardless of the color and shape of the plastic, empowering manufacturers to create brand new items from recycled materials. Through its efforts, Samsara Eco aims to significantly reduce plastic waste and promote sustainability in the manufacturing sector.

Circ

Series B in 2022
Circ is a textile recycling company based in Danville, Virginia, focused on recovering value from discarded clothing and textiles. Established in 2011, Circ employs proprietary technology to transform polycotton waste back into its original raw materials, including petroleum- and plant-based fabrics. The company aims to meet growing consumer demands for sustainability without sacrificing quality, price, or convenience. By using water as a solvent, Circ efficiently recycles various fibers, such as cotton, polyester, and nylon, and produces virgin-equivalent, market-grade dissolving pulp and petroleum monomers. These materials can be sold to manufacturers at competitive prices, promoting a circular economy in the textile industry and supporting sustainable living practices.

SES

Post in 2022
SolidEnergy Systems Corp. develops and manufactures rechargeable lithium metal batteries primarily for applications in drones, wearables, smartphones, and electric vehicles. Founded in 2012 and based in Woburn, Massachusetts, the company focuses on producing high-performance lithium metal batteries and supplying essential materials, such as anodes and electrolytes, to major lithium-ion cell manufacturers. These materials can be integrated into existing manufacturing processes, allowing for scalability without significant infrastructure investments. SolidEnergy's pilot-scale production caters to prototype demonstrations and specialized aerospace markets, while its future growth is aimed at mainstream sectors like consumer electronics and electric vehicles. Additionally, the company is involved in developing AI-powered safety algorithms and recycling solutions, positioning itself as an integrated battery manufacturer with a commitment to innovation and sustainability.

Ambercycle

Series A in 2022
Ambercycle is a material science company focused on transforming textile waste into new materials for brands and producers. It creates a centralized ecosystem for the recycling of used textiles, including complex fabrics and worn-out garments. Utilizing a molecular regeneration technique, Ambercycle isolates components from intricate textiles to produce raw materials, addressing the challenges associated with recycling such materials. The company's innovative chemical recycling technology converts end-of-life textiles into polymer powder, making the recycling process more cost-effective. This enables apparel businesses to manufacture clothing from renewable feedstocks, thereby reducing waste and contributing to environmental sustainability. Through its efforts, Ambercycle facilitates the integration of recycled materials back into supply chains for both regional and international players.

SES

Series D in 2021
SolidEnergy Systems Corp. develops and manufactures rechargeable lithium metal batteries primarily for applications in drones, wearables, smartphones, and electric vehicles. Founded in 2012 and based in Woburn, Massachusetts, the company focuses on producing high-performance lithium metal batteries and supplying essential materials, such as anodes and electrolytes, to major lithium-ion cell manufacturers. These materials can be integrated into existing manufacturing processes, allowing for scalability without significant infrastructure investments. SolidEnergy's pilot-scale production caters to prototype demonstrations and specialized aerospace markets, while its future growth is aimed at mainstream sectors like consumer electronics and electric vehicles. Additionally, the company is involved in developing AI-powered safety algorithms and recycling solutions, positioning itself as an integrated battery manufacturer with a commitment to innovation and sustainability.

SES

Series C in 2017
SolidEnergy Systems Corp. develops and manufactures rechargeable lithium metal batteries primarily for applications in drones, wearables, smartphones, and electric vehicles. Founded in 2012 and based in Woburn, Massachusetts, the company focuses on producing high-performance lithium metal batteries and supplying essential materials, such as anodes and electrolytes, to major lithium-ion cell manufacturers. These materials can be integrated into existing manufacturing processes, allowing for scalability without significant infrastructure investments. SolidEnergy's pilot-scale production caters to prototype demonstrations and specialized aerospace markets, while its future growth is aimed at mainstream sectors like consumer electronics and electric vehicles. Additionally, the company is involved in developing AI-powered safety algorithms and recycling solutions, positioning itself as an integrated battery manufacturer with a commitment to innovation and sustainability.
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