Singapore: Temasek leads $25m investment in Israel’s Integra Holdings

Dome of the Rock in Jerusalem,Israel

Integra Holdings, an investment company exclusively focused on life science innovations originating from the Hebrew University, has made the first close of a $25-million funding round led by Temasek Holdings.

Temasek, Singapore’s state investor, led the round with a $15-million investment and was joined by UK-based Arie Capital, which made an initial investment of $2 million. The Israeli Teachers’ and Kindergarten’s Study Funds, one of Integra’s current shareholders, also participated in this financing round.

The funds raised will be used to support Integra’s existing portfolio companies and add new companies using promising technology originating from the Hebrew University of Jerusalem.

“I am proud to welcome Temasek and Arie Capital to our circle of investors,” said Dr. Liana Patt, CEO of Integra Holdings. “This strategic investment reinforces the global recognition of the Hebrew University’s exceptional contribution to life science innovations and Integra’s robust and growing portfolio”.

Founded in 2012 by Yissum, the Technology Transfer Company of the Hebrew UniversityIntegra exclusively selects life science companies and focuses on proprietary innovations in the fields of biotechnology, pharmaceuticals, diagnostics and medical devices. It assists portfolio firms with strategic planning, business development and research and development guidance needed for go-to-market operations and technology commercialisation.

Recent years have seen Temasek grow its exposure to Israel It established Red Dot Capital Partners in early 2016, a $150 million fund providing growth capital to Israel‐based technology companies that plan to expand to Asia.

Earlier this year, it was also reported that Vertex Ventures, the venture capital unit of Temasek, was also looking to raise a venture fund with a corpus of about $150 million targeting the Israeli cybersecurity sector in 2018.

Also Read:

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.