DBS and Temasek establish growth debt financing platform for Asia

EvolutionX will provide non-dilutive financing to growth stage technology-enabled companies. Singapore-based financial institute DBS and Temasek have entered into an agreement to jointly launch a US$500 million growth stage debt financing platform, called EvolutionX Debt Capital (“EvolutionX”). Headquartered in Singapore, EvolutionX will provide non-dilutive financing to growth stage technology-enabled companies…

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