Pinegrove Credit Partners and Temasek Form Venture Debt Partnership

May 14, 2026
Pinegrove Credit Partners and Temasek have announced a strategic partnership to support venture debt financing for growth-stage technology and life sciences companies.

Pinegrove Credit Partners and Temasek have announced a strategic partnership focused on venture debt financing for growth-stage companies in the innovation economy, according to a press release.

The collaboration aims to provide flexible, minimally dilutive funding to technology and life sciences businesses, including those in AI, compute infrastructure, defense, space, energy, robotics, and healthcare. Pinegrove Credit Partners, backed by Brookfield and HRTG Partners, serves as the venture debt and private credit arm of Pinegrove Venture Partners.

Pinegrove has deployed over $4.5 billion across about 580 loans to more than 450 companies since 2012. Since March 2025, the firm has closed or signed term sheets for 37 loans totaling approximately $700 million in commitments. The company maintains a long-standing relationship with Silicon Valley Bank, which was formalized into a strategic lending partnership in December 2024.

Temasek, headquartered in Singapore, manages a global portfolio valued at S$434 billion (US$324 billion) as of March 2025. The investment firm operates across 13 offices in 9 countries.

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