Deep Tech

Temasek-backed global investment firm 65 Equity Partners has made an investment of SGD 100 million ($74.06 million) in Singapore-headquartered regional advanced manufacturing service provider Hi-P International Pte. Ltd. (Hi-P).

Global advanced climate technology company Aether Fuels has announced that it has secured $34 million in Series A financing from a syndicate of global investors. AP Ventures led the round, which also includes Chevron Technology Ventures, CDP Venture Capital and Zeon Ventures.

Carne Investments Pte. Ltd., an indirect wholly-owned subsidiary of Temasek, has reached an agreement to divest 100 percent of its shares in Pavilion Energy Pte. Ltd. to Shell Eastern Trading Pte. Ltd., a subsidiary of Shell plc.

Pall Corporation, a global filtration, separation and purification technologies firm, has invested approximately $150 million to a manufacturing facility in Singapore to support global semiconductor demand.

Robin Zeng, founder, chairman, and CEO of Contemporary Amperex Technology Co., Limited (CATL), shared his vision at the opening ceremony of BEYOND EXPO 2024.

Taiwan-based Hon Hai Technology Group (Foxconn) has Tuesday announced that it plans to build an advanced computing center in Kaohsiung, Taiwan, with the NVIDIA Blackwell platform at its core.

Astroscale Holdings, a Japan-based space tech startup, is raising $153 million via initial public offering (IPO) at Tokyo.

Taiwanese IC foundry service provider Vanguard International Semiconductor Corporation (VIS) and Dutch semiconductor manufacturer NXP Semiconductors N.V. (NXP) have on Wednesday announced the plan to build a $7.8 billion new 300mm semiconductor wafer manufacturing facility in Singapore.

Malaysia's Prime Minister Anwar Ibrahim said Tuesday that the government will allocate at least MYR 25 billion ($5.3 billion) in fiscal support to operationalize the three phases National Semiconductor Strategy (NSS) with targeted incentives.

Zeng was referring to commercial airplane with total takeoff weight of 8.8 tonnes which he said could probably have 14 seaters.