Malaysia
Malaysia’s Digital Penang, OSK Ventures to jointly expand financing access for AI, deeptech startups
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.
Germany’s DDB AG acquires Singapore’s Infinium Robotics in $22M deal
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 leads Khazanah-backed investment in Malaysia’s GreatAsic to build chip design capabilities
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 Digital Penang, Indonesia’s KUMPUL renew partnership to strengthen cross-border startup ecosystem
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.
Austria’s AT&S secures AMD deal, to invest €2B to expand chip capacity in Malaysia, China
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 opens Galatek Technologies facility in Malaysia to increase investment to $100M
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’s GreatAsic raises $6.9M to build custom AI chip design capabilities
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.
Malaysia’s Carsome car e-commerce platform posts 85% EBITDA surge in Q1/2026 to $7.3M
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.
Energy developer DDSP closes $283M green financing for AI-ready data center in Malaysia
Digital Decarbonization Solutions Platform (DDSP), a developer of hyperscale digital and decarbonized energy infrastructure across Asia-Pacific, has completed a $283 million green financing for a hyperscale data center campus in Johor, Malaysia, incorporating AI-ready liquid cooling technology.
Taiwan’s TECO to buy Malaysia’s Dynaciate in $50.8M AI data center expansion deal
Taiwan-based TECO Electric & Machinery will acquire a majority stake in Malaysian engineering firm Dynaciate, in a deal worth MYR200 million ($50.8 million), as part of its expansion into Southeast Asia’s AI data center infrastructure market.
