Singapore's Vertex Holdings taps Japanese investors to widen reach

Singapore's Vertex Holdings taps Japanese investors to widen reach

Vertex Ventures. Photographer: Sam Kang Li/Bloomberg

The venture capital arm of Singaporean sovereign wealth fund Temasek Holdings is diversifying its sources of funding by tapping an unusual group of Japanese companies and government agencies to fuel its global expansion at a time when many other investors feel skittish about cooling tech valuations.

Vertex Holdings last month began holding meetings with its Japanese investors, including the government-linked Development Bank of Japan, trading company Marubeni, consultant ABeam Consulting and Risa Partners, an investment bank, to discuss potential areas of collaboration with the roughly 200 startups that it invests in.

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