Malaysia

Singapore-headquartered Ant International opened its Global Development Center (GDC) in Kuala Lumpur, located within Malaysia's international financial center TRX.

Ascertain, a Malaysian financial technology and payments ecosystem provider, is expanding into Indonesia, Oman, and India, in order to exporting its homegrown financial infrastructure. 

Digital Penang and OSK Ventures International Berhad have signed a one-year memorandum of understanding to strengthen access to growth capital for startups and SMEs in Penang, Malaysia, with a focus on AI, Hardtech, and Deeptech sectors.

German-listed Deutsche Defence Beteiligungen AG (DDB AG) has acquired Infinium Robotics, a Singapore-founded logistics technology company with deployments across Malaysian warehouse and logistics operations, in a transaction valued MYR95.6 million ($22 million).

Gobi Partners has invested in GreatAsic through multiple funds, including Gobi Dana Impak Ventures, a fund backed by Khazanah Nasional Berhad through Dana Impak, as part of GreatAsic's recently closed $6.9 million Pre-Series A round led by Vertex Ventures Southeast Asia and India.

Malaysia's digitalization agency Digital Penang and Indonesia's startup ecosystem KUMPUL have renewed their memorandum of understanding for 2026 to 2027, reaffirming their commitment to strengthening the startup, innovation, and entrepreneurial ecosystem across Malaysia and the region.

Chipmaker Austria Technologie & Systemtechnik Aktiengesellschaft (AT&S) will expand production capacity for high-end IC substrates for artificial intelligence (AI) and high-performance computing, with investments spanning its Kulim facility in Malaysia and its Chongqing plant in China, totaling €1.5-2.0 billion ($1.74-2.32 billion).

Granite Asia, a pan-Asia investment platform with over $10 billion in assets under management, has marked the facility opening of its portfolio company Galatek Technologies in Penang (Malaysia).

Malaysia-based fabless custom chip design company GreatAsic has raised $6.9 million in a Pre-Series A round led by Vertex Ventures Southeast Asia & India, with participation from Ehsan Kapital and Gobi Partners.

Carsome Group Inc, Southeast Asia’s largest integrated car e-commerce platform, recorded its EBITDA jumping 85 percent year-on-year to MYR29 million ($7.3 million) as Southeast Asia's largest used car e-commerce platform accelerated its push toward sustained profitability.