Temasek's VC arm Vertex raises $900m in first round of Master Fund III

Temasek's VC arm Vertex raises $900m in first round of Master Fund III

FILE PHOTO: A Temasek logo is seen at the annual Temasek Review in Singapore July 7, 2016. REUTERS/Edgar Su

Vertex Venture Holdings, the venture capital arm of Singapore’s state investor Temasek Holdings, has raised over $900 million in the first fundraising round for its latest fund, according to the company.