Share this article
Latest news
With KB5043178 to Release Preview Channel, Microsoft advises Windows 11 users to plug in when the battery is low
Copilot in Outlook will generate personalized themes for you to customize the app
Microsoft will raise the price of its 365 Suite to include AI capabilities
Death Stranding Director’s Cut is now Xbox X|S at a huge discount
Outlook will let users create custom account icons so they can tell their accounts apart easier
Microsoft Accelerator forges partnership with Singapore investment firm Temasek
2 min. read
Published onJune 8, 2016
published onJune 8, 2016
Share this article
Read our disclosure page to find out how can you help Windows Report sustain the editorial teamRead more
Microsoft hasjust announceda global partnership with the Singapore investment firm, Temasek. The company owns a large portfolio of companies around the world andMicrosofthas already revealed plans to use six of them, Ascendas, InnoVen Capital, Quann, ST Engineering, CapitaLand Limited, and Fullerton Financial, to assist in the development of startups in Berlin, Seattle, Tel Aviv, and Bangalore.
“This strategic partnership gives the startups the ability to leverage subject matter experts, mentors, pilot programs, joint go-to-market initiatives and marketing support from Temasek and its portfolio companies,” says Microsoft Accelerator’s general manager, Scott Coleman. “In return, Temasek and its portfolio companies’ strong interest in innovation, disruption, and global investment will be served via connections with startups currently in the program, as well as through our highly successful alumni that our 4-year program has accelerated to date.”
82% of startups that have gone through said programs have apparently raised funding thanks to being involved in them and 454 alumni have successfully raised $1.8B over four years.
“As an investor, it is imperative that we keep abreast of emerging technology trends,” said Ong Beng Teck, managing director of the enterprise development group at Temasek. “We are pleased to partner with Microsoft for their accelerator programme as it is widely considered to be one of the strongest globally, attracting the best startups across various fields. It offers partnering opportunities between promising startups and our portfolio companies to provide innovative solutions to operating pain points and enhance customer experience. For the startups, this provides them with the opportunity to work with established companies to pilot and validate their products and technologies. This is a win-win partnership.”
A special video has been released which showcases the full effect the partnership will have with different companies around the globe. You can watch it above.
Does this partnership surprise you? What would you like to see the two companies do together? Let us know in the comments below.
Radu Tyrsina
Radu Tyrsina has been a Windows fan ever since he got his first PC, a Pentium III (a monster at that time).
For most of the kids of his age, the Internet was an amazing way to play and communicate with others, but he was deeply impressed by the flow of information and how easily you can find anything on the web.
Prior to founding Windows Report, this particular curiosity about digital content enabled him to grow a number of sites that helped hundreds of millions reach faster the answer they’re looking for.
User forum
0 messages
Sort by:LatestOldestMost Votes
Comment*
Name*
Email*
Commenting as.Not you?
Save information for future comments
Comment
Δ
Radu Tyrsina
