David Heng
Joint Head, Consumer; Head, Real Estate; Joint Head, China; Head, Japan & Korea @ Temasek
David Heng is a Series C investor at Temasek focused on AgTech and Medical. David joined Temasek in 2003. Prior to Temasek, David was Vice President of Deutsche Bank Hong Kong (DBHK) for six years. At DBHK, David managed investment and M&A in the Telecommunication, Media, & Technology and Financial Institution sectors.
- Total investments:
- 3
- Last investment:
- Lead investor:
- 67%
Last updated:
For AI agents: llms.txt
Industries David Heng invests in
Stages David Heng invests in
Countries David Heng invests in
Investment Focus
Industry
- AgTech 1 (33%)
- Medical 1 (33%)
- Health Care 1 (33%)
- Risk Management 1 (33%)
- Service Industry 1 (33%)
Stage
- Series C 1 (33%)
- Series D 1 (33%)
- Private Equity 1 (33%)
Country
- India 1 (33%)
- Philippines 1 (33%)
Investments
| Company | Description | Round | Links |
|---|---|---|---|
AC Health
|
AC Health they provide medical services. | Private Equity / Aug 11, 2025 | |
Cropin
|
Founded in 2010, Cropin is a pioneer in the Agtech space, having built the first global Intelligent Agriculture Cloud. Cropin's platform enables various stakeholders in the agri-ecosystem to leverage digitization and AI at scale to make decisions that increase efficiency, scale productivity, and strengthen sustainability. Cropin has workedwith 250+ customers and has digitized 16 million acres of farmland, improving the livelihoods of more than 7 million farmers. It has built the world's largest and most diverse farming data insights over a decade, spearheading a global 'Ag-intelligence' movement with a knowledge of 488 crops, and 10000 crop varieties in 56 countries. With its AI/ML platform tailor-made for the agriculture ecosystem, Cropin has computed 0.2 billion acres of farmlands across the globe. | $13.8M / Series D / Dec 09, 2022 | |
|
Cropin
|
Founded in 2010, Cropin is a pioneer in the Agtech space, having built the first global Intelligent Agriculture Cloud. Cropin's platform enables various stakeholders in the agri-ecosystem to leverage digitization and AI at scale to make decisions that increase efficiency, scale productivity, and strengthen sustainability. Cropin has workedwith 250+ customers and has digitized 16 million acres of farmland, improving the livelihoods of more than 7 million farmers. It has built the world's largest and most diverse farming data insights over a decade, spearheading a global 'Ag-intelligence' movement with a knowledge of 488 crops, and 10000 crop varieties in 56 countries. With its AI/ML platform tailor-made for the agriculture ecosystem, Cropin has computed 0.2 billion acres of farmlands across the globe. | $20M / Series C / Jan 06, 2021 |
Co-Investors
About Temasek
Temasek Holdings is a lender provider. The company offers debt financing and focuses on transforming economies, increasing middle-income populations, developing comparative advantages, and emerging champions. Financial services, transportation, industrial, consumer, real estate, telecommunications, media, technology, and life sciences are among theindustries served by the firm.
Temasek Contacts
| Name | Phone | Socials | |
|---|---|---|---|
Beng Teck Ong
Managing Director
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Benoit Valentin
Senior Managing Director EMEA, and Head of Private Equity Fund Investments
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David Heng
Joint Head, Consumer; Head, Real Estate; Joint Head, China; Head, Japan & Korea
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Eric Bielke
Director
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John Marren
Senior Managing Director
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FAQ
What does David Heng invest in?
David Heng invests primarily in AgTech, Medical and Health Care startups, most often at Series C and Series D stage. Most of the 3 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.
When did David Heng last invest?
The most recent investment recorded for David Heng closed in Aug 2025. Shizune tracks 3 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.
Is Shizune's investor data accurate?
Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.
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