Deep Tech

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.

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.

Singapore’s Studio 30 50 launches open call for startups to fast-track commercial viability via maritime

Studio 30 50, a Singapore-based MaritimeTech venture studio, has launched applications for its next cohort of startups and founders eyeing commercial scale in the maritime industry in 2024.

Singapore’s Qosmosys secures $100M seed funding to expedite strategic goals

Qosmosys, a Singapore-based space venture, has announced a seed funding round of $100 million. The injection of this seed capital allows the firm to expedite its strategic goals, fortifying its position as a premier private player in the burgeoning moon economy.