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Trendlines receives conditional commitments of up to $30.3 mil to drive expansion strategy

Uma Devi
Uma Devi9/24/2019 10:17 PM GMT+08  • 1 min read
Trendlines receives conditional commitments of up to $30.3 mil to drive expansion strategy
SINGAPORE (Sept 24): Trendlines Group is set to receive conditional commitments of up to US$22 million ($30.3 million) for its new Singapore-based venture fund, Trendlines Agrifood.
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SINGAPORE (Sept 24): Trendlines Group is set to receive conditional commitments of up to US$22 million ($30.3 million) for its new Singapore-based venture fund, Trendlines Agrifood.

In a filing on Tuesday evening, Trendlines reported the investments were made by parties including Temasek Holdings and Librae Holdings, which is an entity related to property tycoon cum entrepreneur Vincent Tchenguiz and another Southeast Asian investor. The conditional commitment amount includes the investment of $10.9 million from Librae back in July.

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