Deep Tech

Malaysian drone tech firm Aerodyne explores dual-listing as it starts IPO process

The drone tech firm currently is also in the midst of raising a bridge round ahead of its Series C funding round next year.

Vingroup seeks to list car unit in US in 2H2022 to raise at least $3B – report

Vingroup had set up a Singapore-based holding company owning a stake in Vinfast's operations in Vietnam to fuel the IPO process.

Japan’s Space BD raises $9.2M from Temasek arm and others

Space BD has raised a total of 1.04 billion JPY ($9.2 million) through a third-party allotment of new shares to the existing shareholders Incubate Fund, Anniversaire Holdings, SMBC Venture Capital, Mizuho Capital, and the new shareholder Pavilion Capital, wholly owned by Temasek Holdings, a Singapore government-affiliated investment company.

Singapore space tech startup SpeQtral closes $8.3M funding round led by Temasek’s Xora Innovation

SpeQtral has successfully closed a $8.3 million financing led by Xora Innovation. With quantum cryptography fast becoming mainstream and the Quantum Key Distribution (QKD) market expected to be worth $20 billion by 2035, SpeQtral said this latest capital injection will allow the company to strengthen its position as a quantum-secure communications company.

Singapore skyline SGX SPAC

Singapore’s SingHealth and SGInnovate announce three-year partnership to advance healthcare AI

Singapore Health Services (SingHealth) and the country’s deep tech investor Singapore Innovate (SGInnovate) has announced a three-year partnership to build and scale up health science innovations today, with Artificial Intelligence (AI) in healthcare as the first area of focus.

DroneTech startup Poladrone raises $4.29 M in Malaysia’s largest Seed round

The funding round will allow Poladrone to scale up operations to better serve customers across the region and to attract top talent to further improve its products.

Singapore skyline SGX SPAC

Singapore’s Temasek to invest $739M yearly in deep-tech – report

The sectors in focus include advanced manufacturing, disruptive materials, net-zero tech, life sciences, and food tech.

Sustainable development in Asia Pacific – innovating for energy efficiency [Event highlights]

The panel discussion hopes to take a closer look at the role of innovative energy efficiency solutions in achieving carbon reduction goals. It also hopes to dive deeper to understand the current market trends, opportunities, barriers to deployment, and what can be done to drive adoption and meet various sustainable development goals.

Petronas Future Tech 2.0 welcomes 20 Malaysian deep tech startups including drone tech firm Aerodyne

Petronas’ collaboration with TM and SDP aims to provide homegrown startups with opportunities to gain insights from industry experts that will help them discover, nurture and scale deep technology innovations in the country.

PropTech boom is driven by data, says WeMaintain’s Byron Fuller in a discussion on IoT, green tech & engineering [Q&A]

Deep tech in PropTech provides asset owners with digital solutions and helping them realize healthier, more profitable buildings. But you need to be a digital-first company to think that way.