Incorporated in 1988, Vertex Venture is an investment holding company with a group of venture capital funds across the world. A susidiary of Temasek since 2004, Vertex Venture focuses on venture capital investment opportunities in the information technology (IT) and healthcare markets. Vertex Venture manages over US$3 billion in asset under management (AUM). Some of its investments include Grab, Waze and Argus.
Temasek-owned Vertex Venture Holdings is the first company to receive an eligibility-to-list (ETL) letter from SGX on Dec 24 informing Vertex Technology Acquisition Corporation (VTAC) of its conditional eligibility for a SGX Mainboard listing.
It will be submitting an application to SGX to list its newly-incorporated Cayman Islands exempted private company VTAC as a special purpose acquisition company (SPAC).
