Teng Lip Khoo, head of ST Engineering Ventures, is one of our top 50 Emerging Leaders in corporate venturing for 2025.
“I am excited about the combination of AI and advanced materials, which is leading to the development of lighter, stronger and more sustainable materials for aerospace, defence and other applications,” says Teng Lip Khoo, head of the corporate venture unit of ST Engineering, a technology, defence and engineering group headquartered in Singapore.
Launched in 2017 and with assets of $150m under management, ST Engineering Ventures has offices across Singapore, San Francisco and London. It targets strategic startups developing AI, data analytics, autonomous technology, cloud, cybersecurity, communications, robotics and other emerging areas.
An area that holds immense potential is the intersection of AI and robotics, says Khoo. “There are incredible advancements in autonomous systems, swarm robotics and human-robot collaboration, which will have a profound impact on industries ranging from manufacturing and logistics to healthcare and defence.”
“What I find most fulfilling is playing a part in shaping the future”
Quantum technologies that have the potential to revolutionise fields such as materials science and cybersecurity are also strong investment targets for Khoo, as are sustainable technologies such as green hydrogen production, advanced batteries and carbon capture.
Having spent a few years in venture capital and private equity investing in different sectors, a passion for technology led Khoo to ST Engineering Ventures in 2017.
The unit provides entrepreneurs with funding, as well as access to ST Engineering’s expertise, resources and global network, helping portfolio companies scale and commercialise their technologies.
Deep understanding and strong relationships in both the corporate and startups world are key to corporate venturing, says Khoo. CVC investors also need to strike the balance between strategic and financial returns.
The unit provides entrepreneurs with funding, as well as access to ST Engineering’s expertise, resources and global network, helping portfolio companies scale and commercialise their technologies.
Deep understanding and strong relationships in both the corporate and startups world are key to corporate venturing, says Khoo. CVC investors also need to strike the balance between strategic and financial returns.
“What I find most fulfilling is playing a part in shaping the future,” says Khoo.
See the full list of Emerging Leaders 2025 here.
