Category Archives: Announcements

Wavemaker Impact, Breakthrough Energy Ventures, GenZero and Temasek announce intention to form new rice agri-tech venture to decarbonise rice cultivation

Wavemaker Impact, Breakthrough Energy Ventures, GenZero, and Singapore’s Temasek intend to set up a first-of-its-kind agri-tech startup that brings together climate-tech, agri-food, and venture-building capabilities to accelerate rice decarbonisation in Southeast Asia and the rest of Asia. The startup plans to build a platform that will rapidly identify and implement the most effective strategies to…

Lightrock closes inaugural Climate Impact Fund at €860 million, above initial hard-cap

With a target size of €600 million, the inaugural Lightrock Climate Impact Fund was significantly oversubscribed and closed on €860 million after raising its initial hard cap. The Fund will make initial investments of €10-40 million in growth-stage companies driving net-zero innovation in Europe and North America. The close of this Fund follows a period…

Singapore Airlines operates its first flights with blended sustainable aviation fuel in Singapore

The Civil Aviation Authority of Singapore (CAAS), Singapore Airlines (SIA), and GenZero[1], an investment platform wholly-owned by Temasek that is dedicated to accelerating decarbonisation globally, have embarked on the next phase of the Singapore pilot with the delivery of blended Sustainable Aviation Fuel (SAF) to Changi Airport via the airport’s fuel hydrant system on 7…

Temasek launches GenZero, an investment platform company aimed at accelerating decarbonisation globally

Temasek commits an initial amount of S$5 billion to establish GenZero, an investment platform company that aims to accelerate decarbonisation, for future generations towards a net zero world GenZero will invest globally across three focus areas: technology-based solutions, nature-based solutions, and carbon ecosystem enablers GenZero seeks to deliver positive climate impact alongside long-term sustainable financial…