Deep Tech
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…
Asahi Kasei, Gentari, and JGC team up for green hydrogen production in Malaysia
Gentari Hydrogen Sdn Bhd, a wholly-owned subsidiary of Petronas’ clean energy arm Gentari Sdn Bhd (Gentari), Japanese chemical firm Asahi Kasei and engineering firm JGC Holdings Corporation (JGC) have announced the completion of a detailed feasibility study for production of up to 8,000 tonnes per year of green hydrogen using a 60 megawatt (MW) class…
Thailand’s RISE and Israel’s OurCrowd launch $50M deep tech fund
OurCrowd, an Israel-based digital investment platform, and RISE, a Thailand-based corporate innovation powerhouse, have on Tuesday announced the launch of the $50 million Rise OurCrowd Exponential (ROCX) Fund. The fund will invest in early-stage deep technologies in cybersecurity, artificial intellingece (AI), HealthTech, semiconductors, quantum computing,…
Singapore’s BeeX raises $2M in funding led by Earth Venture Capital, ShipsFocus Ventures
BeeX, a Singapore-based firm in providing autonomous robotics solutions to safeguard underwater infrastructures, has recently closed its $2 million bridge round with oversubscribed. The latest round is co-led by Earth Venture Capital and ShipsFocus Ventures with the participation of SEEDS Capital, NUS Technology Holdings, and Infinita VC.
[COMEUP 2023] La French Tech Seoul wraps up its Tech4Good Tour 2023 in Korea with annual Tech4Good Summit & Startup Pitch Contest Awards
The 2023 edition of Tech4Good focused on the themes of Deep Tech and Green Tech.
Malaysia’s Yinson GreenTech completes construction of the Hydroglyder prototype
Malaysia-based energy firm Yinson Holdings Berhad (Yinson)'s green technologies business unit Yinson GreenTech (YGT), through its marinEV brand, has completed the construction of its all-electric crew transfer vessel, the Hydroglyder.
