Deep Tech

NTU Singapore, Walden International launch $38M fund to support deep tech startups

Nanyang Technological University, Singapore (NTU Singapore) and leading global venture capital (VC) firm Walden International are launching a new venture capital fund to support deep tech spin-offs from the university.

Bintang Capital Partners launches $46.56M gender lens Semiconductor Impact Fund

Bintang Capital Partners Berhad (Bintang), a Malaysia-based private equity firm, has on Wednesday announced the launch of gender lens Semiconductor Impact Fund (BSIF I).

Singapore’s Meridian Innovation secures $12.5M to scale operations

Meridian Innovation Pte Ltd, a Singapore-based thermal imaging sensors developer, has announced it has raised $12.5 million in a funding round led by new investors, strategic partners, as well as participation from existing investors.

US’s KLA completes first phase of $200M Singapore operations expansion

United States-based chiptool maker KLA Corporation said Thursday it has completed first phase of $200 million Singapore operations expansion.

Advantech unveils expanded Singapore office to boost ASEAN presence

Advantech, a global leader in industrial internet of things (IoT) and embedded computing solutions, has officially inaugurated its expanded regional office in Singapore.

AirAsia X issues shareholders’ circular on proposed acquisitions of Capital A’s aviation businesses

Malaysia's budget airline AirAsia X (AAX) has issued a detailed circular to its shareholders, providing an in-depth view of the company’s proposed acquisitions of Capital A Berhad’s entire equity interest in the aviation business in AirAsia Aviation Group Limited (AAAGL) and AirAsia Berhad (AAB) for MYR 6.8 billion ($1.65 billion).

Yinson Renewables’ 97 MWP Matarani Solar project in Peru commences operations

Malaysia-based Yinson Renewables’ Matarani solar plant in Peru recently entered into its full operational phase, following the commencement of power export and sales in July 2024.

Taiwan’s ELNA PCB opens $230M manufacturing plant in Penang

ELNA PCB(M) SDN. BHD., a Malaysian printed circuit board (PCBs) subsidiary of Global Brands Manufacture under the Taiwan-based Passive System Alliance (PSA) Group, has on Tuesday announced the opening of its second plant in Penang, Malaysia, with an investment exceeding MYR 1 billion ($230 million).

Yinson GreenTech’s marinEV commences commercial trials with Hydromover

Malaysia-based Yinson GreenTech’s (YGT) marinEV has announced the start of commercial trials for the Hydromover, marking a critical milestone in the decarbonization of Singapore’s maritime industry.

China’s Zhuhai CosMX invests $230M to build first manufacturing plant in Malaysia

Zhuhai CosMX Battery Co Ltd, a China-based manufacturer of consumer lithium-ion batteries and power lithium-ion batteries, has announced plans to build its first manufacturing plant in Kedah, Malaysia with an investment of MYR 1 billion ($230 million).