Deep Tech
Singapore’s Silicon Box to invest $3.6B in new chip plant in Italy
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.
Zhejiang Sinopont Technology sets up first manufacturing facility outside China in Malaysia
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 partners DroneDash Technologies to introduce cross-border drone delivery services between Malaysia and Singapore
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.
Singapore-based electric vessel startup Pyxis secures $3.35M seed funding
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.
Singapore’s Mesh Bio raises $3.5 million of series A funding led by East Ventures
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 FlyORO secures $1.6M in Pre-Series A round led by Audacy Ventures
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’s Silicon Box valuation reaches over $1B after $200M Series B funding raise
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.
IHI partners Gentari to develop global green ammonia value chain
Japanese engineering firm IHI Corporation has partnered Petronas's clean energy arm Gentari Sdn Bhd to develop global green ammonia value chain and commercial demonstration of ammonia-powered gas turbine.
X-PITCH 2023 global winners announced: celebrating innovation excellence in DeepTech startups
The competition featured unconventional semi-finals conducted on Singapore River bumboats - a groundbreaking first for the global startup arena.
US silicon battery company Enovix builds $1.2B high-volume manufacturing facility in Malaysia
Enovix Corporation, an advanced silicon battery company, will invest MYR 5.8 billion ($1.23 billion) to establish its first high-volume manufacturing facility (Fab2) in Malaysia. Further to the initial announcement in August 2023, the firm will invest over a period of 15 years, which includes the first manufacturing line amounting to MYR 315 million ($70…
