Deep Tech
SGInnovate backs Vycarb’s $5M funding round to scale low-cost carbon capture and storage technology
Vycarb, a climate tech company pioneering a new category of permanent, measurable carbon dioxide capture and storage (CCS) using natural waters, announced Monday the closing of a $5M seed funding round.
Singapore’s GIC leads US’s Temporal Technologies’ $105M funding
Temporal Technologies, the US-based creators of the open source Durable Execution platform Temporal.io and the enterprise-grade managed service Temporal Cloud, announced Wednesday a secondary transaction valuing the company at $2.5 billion.
Malaysia’s Edelteq secures strategic investment from KMP, forms semiconductor inspection venture
Malaysia's technology firm Edelteq has secured strategic investment from Kumpulan Modal Perdana Sdn. Bhd (KMP), a tech-focused venture capital firm wholly owned by the Malaysian government.
Kenanga sees Malaysia’s technology firms well placed to ride global recovery
Against a backdrop of resilient semiconductor momentum, accelerating artificial intelligence (AI)/ high-performance computing (HPC)-driven capital expenditure (capex), firmer autos, and contained tariff risk, Kenanga Research has turned positive on Malaysia's technology sector and foreseen the firms are well placed to ride the global recovery.
Singapore’s Yangzijiang Financial invests $143.27M to lead the restructuring of lithium battery firm Shanshan
Singapore-based investment manager Yangzijiang Financial is investing RMB 1.02 billion ($143.27 million) to lead the restructuring of lithium battery giant Shanshan Co.
NYK joins Neptune’s $52M Series B funding round led by Granite Asia
Nippon Yusen Kabushiki Kaisha (NYK Line), a Japan-based shipping company, and Neptune Robotics (Neptune), a Singapore-based robotics-driven vessel cleaning firm, have on Tuesday announced the signing of the memorandum of understanding which expand their partnership to accelerate fuel efficiency and decarbonization across NYK’s global fleet.
Singapore’s BeeX launches $7.76M Series A funding round to fuel global expansion
BeeX, the Singapore-based artificial intelligence (AI)-powered autonomous underwater vehicles, has launched its S$10 million ($7.76 million) Series A Round to fuel its global expansion.
South Korea’s LG Innotek secures $200M funding from IFC to expand its production facility in Vietnam
South Korea-based LG Innotek, an affiliate of LG Group, has secured $200 million funding from the International Finance Corporation (IFC) to expand its production facility in Vietnam.
EUV Tech opens first international office in Singapore
EUV Tech, the global extreme ultraviolet (EUV) metrology equipment firm, announced last Friday the opening of its first international office: EUV Tech Singapore Pte. Ltd., located at Mapletree Hi-Tech Park, Singapore.
Malaysia’s deeptech startup Nvsion raises seed funding from Cambrian Fund
Nvsion, a Malaysia-based deeptech startup, announced last Friday it has successfully completed a "multi-million ringgit seed round" with Cambrian Fund as its sole investor.
