Deep Tech
NUS Enterprise boosts deep tech growth through new co-investment framework with SG Growth Capital, Lotus One Investment
NUS Enterprise, the entrepreneurial heart of the National University of Singapore (NUS), announced Tuesday two major co-investment partnerships and an international education initiative to strengthen Singapore’s role as a global innovation hub for deep tech.
Germany’s X-FAB expands manufacturing site in Malaysia with $600M investment
X-FAB, the Germany-based analog/mixed-signal and specialty foundry, has expanded its manufacturing site in Sarawak, Malaysia with $600 million investment.
Temasek backs PsiQuantum $1B Series-E funding to build world’s first fault-tolerant quantum computers
PsiQuantum announced Wednesday it has raised $1 billion in funding for its Series E round to build the world’s first commercially useful, fault-tolerant quantum computers.
Scanfil invests $3.75M to expand Johor Bahru manufacturing facility
Scanfil, Europe’s largest listed electronics manufacturing company, has invested MYR 15.8 million ($3.75 million) to expand and modernize its SRX Global (Malaysia) Sdn. Bhd. facility in Johor Bahru, Malaysia.
South and Southeast Asian economies are emerging as back-end hubs – Moody’s
South and Southeast Asian economies are emerging as back-end hubs but technical gaps constrain their ability to capture greater economic value, Moody's said Tuesday.
AMD expands R&D footprint with Malaysian facility
The United States-listed technology firm AMD has on Thursday inaugurated its new state-of-the-art office and engineering lab facility in Bayan Lepas, Penang, marking a significant milestone in the firm’s commitment to expanding its global business services and engineering presence in Malaysia.
Sunway iLabs, Andreessen Horowitz (a16z) Perennial collaborate to accelerate cross-border tech innovation
As Southeast Asia’s deep tech and artificial intelligence (AI) ecosystem continues to accelerate, Sunway iLabs, the innovation and corporate venture capital (CVC) arm of Malaysia-based Sunway Group, announced Tuesday a partnership with Andreessen Horowitz (a16z) Perennial, a global wealth management platform, to accelerate cross-border tech innovation.
Hunan Yuneng chooses Malaysia for its Southeast Asian lithium battery manufacturing hub
Chinese battery manufacturer Hunan Yuneng New Energy Battery Material Co., Ltd. has officially committed to establishing its first Southeast Asian manufacturing facility in Malaysia.
MIDA and MUFG Bank partner to drive Malaysia’s innovation economy
The Malaysian Investment Development Authority (MIDA) and global banking subsidiary MUFG Bank (Malaysia) Berhad announced last Thursday a ground-breaking partnership to accelerate high-value investments in Malaysia.
Singapore-based Nibertex closes $7M Series A funding round led by TNB Aura
Nibertex, a Singapore-based deep-tech manufacturing company specialising in per- and polyfluoroalkyl substances (PFAS)-free waterproof and breathable textile membranes, announced last Friday the successful closure of its $7 million Series A funding round.
