
Head, ST Engineering Ventures (STEV)
Teng Lip is Head of ST Engineering Ventures (“STEV”) – the corporate venture capital and venture building unit of Singapore Technologies Engineering Ltd (SGX: S63) - a global technology, defence and engineering group with businesses across the aerospace, smart city, defence and public security segments. The Group employs 27,000 people across offices in Asia, the U.S., Europe and the Middle East, serving customers in the defence, government and commercial segments in more than 100 countries. With more than 800 smart city projects across 150 cities in its track record, the Group continues to help transform cities through its suite of Smart Mobility, Smart Security and Smart Environment solutions. Headquartered in Singapore, ST Engineering reported revenue of US$9.7B in FY2025 and it ranks among the largest companies listed on the Singapore Exchange.
Managing an AUM of US$ 150M with offices in Singapore and Silicon Valley, STEV scouts for and invests in promising technology start-ups in sectors which include artificial intelligence, data analytics, cloud, autonomous technology, cyber security, communications, IoT, robotics and other emerging technologies. STEV's portfolio companies are able to access both funding and the Group's resources, capabilities and customer networks.
Teng Lip graduated from the University of Oxford with a Bachelor of Arts in Philosophy, Politics and Economics and from the London School of Economics and Political Science with a Master of Science in International Relations (Distinction). He holds a MBA for Executives (Distinction) from INSEAD and EMBA from Tsinghua University, and has also been awarded the Chartered Alternative Investment Analyst (CAIA) certification.


