# David Heng

> David Heng is a Series C investor at Temasek backing AgTech, Medical and Health Care. See 3 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Temasek](https://shizune.co/investors/profile/temasek)
- Total investments: 3
- Last investment: Aug 2025
- Lead investor: 67%
- Last updated: Aug 2026

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.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| AgTech | 1 | 33% |
| Medical | 1 | 33% |
| Health Care | 1 | 33% |
| Risk Management | 1 | 33% |
| Service Industry | 1 | 33% |

7 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series C | 1 | 33% |
| Series D | 1 | 33% |
| Private Equity | 1 | 33% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| India | 1 | 33% |
| Philippines | 1 | 33% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| 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 |  |

3 of 3 investments shown.

## Co-investors
- [Chiratae Ventures](https://shizune.co/investors/profile/idg-ventures-india) — VC Fund, 2 deals together
- [Alteria Capital](https://shizune.co/investors/profile/alteria-capital) — VC Fund, 1 deal together
- [Ankur Capital](https://shizune.co/investors/profile/ankur-capital) — VC Fund, 1 deal together
- [British International Investment](https://shizune.co/investors/profile/cdc-group) — VC Fund, 1 deal together
- [Google](https://shizune.co/investors/profile/google) — VC Fund, 1 deal together
- [Chiratae Ventures](https://shizune.co/investors/profile/idg-ventures) — VC Fund, 1 deal together

## About Temasek

VC Fund · Singapore, Singapore

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.

5 contacts available at Temasek.

| Name | Title | Profile |
| --- | --- | --- |
| Beng Teck Ong | Managing Director | https://shizune.co/investors/profile/beng-teck-ong |
| Benoit Valentin | Senior Managing Director EMEA, and Head of Private Equity Fund Investments | https://shizune.co/investors/profile/benoit-valentin |
| David Heng | Joint Head, Consumer; Head, Real Estate; Joint Head, China; Head, Japan & Korea | https://shizune.co/investors/profile/david-heng |
| Eric Bielke | Director | https://shizune.co/investors/profile/eric-bielke |
| John Marren | Senior Managing Director | https://shizune.co/investors/profile/john-marren |

## Similar investors

### Similar stage
- [Sequoia Capital](https://shizune.co/investors/profile/sequoia-capital) — VC Fund
- [New Enterprise Associates](https://shizune.co/investors/profile/new-enterprise-associates) — VC Fund
- [Bessemer Venture Partners](https://shizune.co/investors/profile/bessemer-venture-partners) — VC Fund

## 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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