Aonic, a Malaysia-founded drone technology company operating across Southeast Asia, today announced that it has secured $10 million in new funding.
The Series A funding round is led by Kairous Capital, a regional private equity and venture capital firm backed by Jelawang Capital, Malaysia’s National Fund-of-Funds through its Emerging Fund Managers’ Program.
The investment will accelerate Aonic’s regional and international expansion, deepen R&D, and scale its Malaysia-built drones, software, and services.
“Aonic is scaling a proven system,” said Cheong Jin Xi, Founder and CEO of Aonic, in a statement on Wednesday. “We’ve spent years building the engineering, manufacturing, and operational foundations to support real-world, field- ready operations. This funding enables us to expand globally with the same level of consistency and reliability we’ve achieved in Southeast Asia.”
Aonic provides end-to-end drone solutions to modernise the agriculture and industrial sectors in Southeast Asia by addressing persistent traditional challenges: labour-intensive and hazardous work.
By replacing manual spraying, Aonic helps farmers increase efficiency and yields. Based on internal performance data across participating farms, Aonic’s agriculture drones have been shown to increase farmers’ income by 50 percent, boost farm output by around 54 percent, and reduce water use for spraying by approximately 75 percent compared with manual methods.
To support this at scale, Aonic has built a fully integrated in-house ecosystem. It designs, engineers, and manufactures its own drones and proprietary software in-house, enabling the company to have full control over product performance, costs, and roadmap.
Beyond technology, Aonic’s broader ecosystem also supports farmers through training, agri-drone financing, and agri-input retail, which aims to lower adoption barriers and deliver scalable and sustainable impact across agriculture and industrial operations.
With its strong after-sales service network of more than 50 3S (Sales, Service, Spare Parts) centers across Southeast Asia, Aonic provides responsive, on-the-ground support long after deployment.
“We have been searching for transformative food and agri-technology for a long time, and Aonic is a rare Malaysia-based company that can deliver across Southeast Asia at scale,” said Adrian Hia, Partner at Kairous Capital. “The team pairs deep technical capability with exceptional execution and financial discipline, bringing measurable outcomes for farmers.”
Aonic has grown at a triple-digit CAGR since 2022, reaching more than $60 million in annual revenue. In addition, the company has been profitable since 2023, reflecting its disciplined execution and a scalable operating model.