Deep Tech

Nsc, an integrated circuit design company in Singapore, has on Wednesday announced its strategic partnership with In-Q-Tel (IQT), the not-for-profit strategic investor for the U.S. national security community and America’s allies.

Singapore-based venture capital firm Studio 30 50 has launched its first European cohort in Copenhagen, welcoming back previous cohort-founded startups Orbital Wave and Vanguard alongside emerging maritime entrepreneurs and startups.

NUS Enterprise, the entrepreneurial arm of the National University of Singapore (NUS), has on Monday launched SGD 20 million ($7.48 million) fund to grow Singapore’s deep tech innovation and venture ecosystem.

Singapore-based semiconductor firm Silicon Box intends to invest up to $3.6 billion in new chip plant in Italy. The semiconductor assembly and test facility in Northern Italy will help meet critical demand for advanced packaging capacity to enable next generation technologies that Silicon Box anticipates by 2028.

China-based manufacturer of solar encapsulant film, Zhejiang Sinopont Technology Co., Ltd. has established its first manufacturing facility outside China in Ipoh, Perak on Tuesday.

Aerodyne Group, a drone-based enterprise solutions provider headquartered in Malaysia, has on Wednesday inked an agreement with DroneDash Technologies (DroneDash), an air mobility company headquartered in Singapore, to introduce cross-border drone delivery services between Malaysia and Singapore.

Pyxis, a maritime electrification startup headquartered in Singapore, has raised SGD 4.5 million ($3.35m) in its seed funding round co-led by maritime innovation focused fund Motion Ventures and impact fund Shift4Good.

Mesh Bio, a Singapore-based health deep tech startup, announced Tuesday that it has raised $3.5 million in Series A financing led by East Ventures, a venture capital firm focusing on Southeast Asia. This round of investment is also participated by Elev8, Seed Capitals, and other existing shareholders.

Singapore's Sustainable Aviation Fuel (SAF) startup FlyORO has successfully closed a Pre-Series A round, securing $1.6 million. The round is led by Audacy Ventures, a venture capital firm dedicated to catalyzing and scaling technology solutions driving the energy transition.

Singapore-based semiconductor packaging company Silicon Box has announced a successful $200 million Series B fundraising round, bringing the company to over a one-billion-dollar valuation. All three founders were investors in the round.