Engie to Sell Startup Stakes in Singapore and APAC Region
BIOPOWERBIOFUELS
Engie is divesting its startup interests in Singapore and the APAC region through its venture arm, Engie Factory in APAC (EFAP), offering partner investors the chance to acquire its holdings or the entire EFAP. This decision raises concerns about the potential negative impact on early-stage technology firms and could lead to job losses within EFAP's Singapore team. Interested parties have until February 16, 2026, to submit bids.

Jan 22, 2026, 6:08 AM