Xora Innovation

Xora Innovation is a Singapore-based deep tech venture builder and investor, established in 2020 as a wholly-owned subsidiary of Temasek, Singapore's global investment company. This strategic backing from Temasek, which manages a portfolio exceeding S$400 billion, provides Xora with substantial financial resources and a vast global network, enabling it to pursue ambitious deep tech ventures. Xora's core mission is to accelerate the path to market for breakthrough technologies, primarily focusing on early-stage deep tech intellectual property that holds the potential for significant global impact.

The firm's investment thesis is centered on identifying and nurturing technologies, often spun out from leading research institutions and corporate labs, that address real-world problems. Xora adopts a hands-on approach, functioning not just as an investor but also as a venture builder, actively collaborating with founders to transform nascent technologies into market-leading businesses. Their focus spans a wide array of critical sectors, including artificial intelligence, quantum computing, advanced materials, robotics, space technology, and sustainability.

As of early 2024, Xora Innovation has demonstrated its commitment to fostering innovation by making at least 11 investments in promising deep tech startups. Their portfolio includes notable companies such as SpeQtral, a quantum communication firm, and Atomionics, specializing in quantum sensors, reflecting their engagement in capital-intensive, cutting-edge technologies. While specific check sizes are not publicly disclosed, Xora typically participates in seed and early Series A rounds, aligning with their mandate to support deep tech from its foundational stages through to commercialization.