The Temasek-backed SeaTown Holdings International alternative investment firm and tech investor Lim Yuan En have launched Skyform, a company providing enterprise technology services.

The new Singapore-based company will receive up to S$100 million (US$74.4 million) in capital support from both founders.

The partnership aims to expand Skyform by acquiring and developing enterprise tech firms across the Asia Pacific.

According to a statement on Wednesday, SeaTown, a part of Temasek’s Seviora, sees the investment as aligned with its strategy to back industries showing strong growth and financial potential.