Investing in Technology

Technology companies have always had a place in the GIC Portfolio and are part of our diversified portfolio construction. In recent years, as technology disrupts traditional industries and spawns new businesses, our investing and organisational efforts in this area have also expanded. We focus on identifying good companies, good technologies, and good business models.

Our holistic approach

GIC’s ‘ODE to technology’ framework describes our investing and organisational responses to the repercussions of disruptive technology. O-D-E stands for Offence, Defence, and Enterprise Excellence.

Offence – Gaining from technological disruption by investing in the winners of this shift
Defence – Protecting our existing investments as they face disruption
Enterprise Excellence – Leveraging technology for our investment and organisational processes

Investing in technology

GIC has been investing in the technology space for more than 40 years. Our long-term orientation and flexible capital allow us to invest in all stages of the financing lifecycle, including venture, growth, and IPO/public equity. Our multi-asset experience and global footprint provide ground-level insights, enabling us to invest directly, alongside co-investors, and through funds. Our broad exposure enables us to curate purposeful connections between our partners for meaningful value creation.

Our Technology Business Group comprises specialists from different asset classes and regions. It assesses industry trends and recommends GIC’s overall technology portfolio size, composition, and partnership strategy. Our Technology Investment Group handles most of our early-stage investments through venture capital funds, growth equity funds, co-investments, and direct investments. We also have sector specialists for public and private market investments.

We leverage our core strengths to invest in technology:

Long-Term Orientation

Apply a long-term, fundamentals-based approach
Stay invested for the long term, including post-IPO for newer companies

Broad Investment Mandate

Invest directly and through external fund managers in start-ups, growth companies, pre- and post-listed companies
Flexibility in capital structure, investment size, sub-sector, geography, and duration of our investments

Global Presence

Local presence in innovation hubs such as Silicon Valley, Beijing and Mumbai, complemented by our global presence through eight other offices
Able to spot leads and lags across regions, and capture unique opportunities

Collaborative & Committed Partner

Seek to be a lifetime partner and build multiple touch points with our investee companies
Share connections and insights with our investee companies and external fund managers

Learn more about our investments

A tech-driven organisation

At GIC, we leverage technology to harness data, deepen insights, and sharpen our competitive edge in investing. Being agile when faced with emergent scenarios and deal opportunities remains key to achieving our purpose. To do so, we gather professionals across disciplines, including quantitative strategists, data scientists, and technologists, to provide GIC with an enduring proprietary edge through investment insights, as well as increased efficiency and productivity in our investment processes.

Data and Insights

Our data strategy and investment insights groups work with the investment teams to harness intelligence from our wealth of data across public and private markets. By applying artificial intelligence (AI), data science, and quantitative research and analytics, we seek to transform data into actionable insights that will enhance decision-making and drive investment outcomes. Our data-informed approach enables us to more strategically use the power of technology to navigate the increasing complexities of global markets and respond to emergent scenarios and deal opportunities with agility.

Building an AI-Enabled GIC

In 2023, we established the AI Council to provide leadership oversight and governance as we explored ways to capitalise on AI. With AI adoption proliferating in workplaces globally, our vision at GIC continues to be building an AI-enabled organisation where AI creates additional capacity, enhances performance, and becomes second nature to our work.

Over the past year, GIC has dedicated resources to uplift enterprise AI capabilities through a three-pronged approach:

• Integrate AI into operations: Drive efficiency to create additional capacity for our people to focus on higher-value work that requires creativity and critical thinking.
• Foster innovation: Build an environment for agile R&D to accelerate the transformation of ideas and prototypes into fit-for-purpose products.
• Develop advanced AI agents: Develop and deploy AI agents capable of complex reasoning to support investment intelligence, robust discussions, and informed decision-making.