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Drone startup Aerodyne raises $30m in round led by Intervest, Kejora

Aerodyne Group, a drone-based enterprise solutions provider in Malaysia, has raised US$30 million in its series B investment round led by Intervest and Kejora Ventures. Other investors in the round include VentureTech, Gobi Partners, and 500 Startups. Existing investor Axiata Digital Innovation Fund was present at the signing of the agreement. The new funds will […]

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Malaysian drone specialist Aerodyne raises $30m, eyes global expansion

Malaysia-headquartered drone-based managed solutions provider Aerodyne Group has raised $30 million in a Series B funding round co-led by InterVest and Kejora Ventures to ramp up its global expansion. In a statement, Aerodyne said the funding round, which was closed nearly 20 months after the startup raised a double-digit million-dollar sum from Axiata Digital Innovation […]

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Enterprise drones startup Aerodyne raises US$30M; claims to have inspected over 250K assets in 25 countries

The firm plans to undertake select M&As and continue to expand into Japan, India, the US, and the Middle East. Aerodyne,  a drone-based managed solutions provider in Malaysia, has announced a US$30 million Series B investment round, led by InterVest/Kejora Ventures. VentureTECH, Gobi Partners, and 500 Startups, besides existing investor Axiata Digital Innovation Fund (ADIF) also participated in […]

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Aerodyne Announces US$30 Million Series B Investment Round

Kuala Lumpur, Malaysia, 16 October 2019 – Aerodyne Group, the world leading drone-based managed solutions provider, announces a US$30 million Series B investment round. Present at the signing ceremony of the first closing were representatives of the Series B lead investor, InterVest/ Kejora Ventures, alongside VentureTECH and Gobi Partners as well as existing investor from Axiata […]

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Kerjasama Geely Dapat Kembalikan Kegemilangan Proton

Kerjasama Geely Dapat Kembalikan Kegemilangan Proton

PUTRAJAYA – Pelan perniagaan strategik yang dibangunkan DRB-HICOM Berhad (DRB-HICOM) dan Zhejiang Geely Holdings Group Co Ltd (Geely) dari China akan mengembalikan kegemilangan Proton, kata Menteri Kewangan Kedua, Datuk Seri Johari Abdul Ghani. Berikutan kerjasama strategik itu, beliau berkata, Proton akan muncul sebagai peserta automotif yang disegani di pasaran Malaysia, ASEAN serta global. “Majlis pemeteraian […]

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DRB-Hicom set for £100m gain on Lotus divestment

KUALA LUMPUR, May 24 — DRB-Hicom Bhd will raise a total of £100 million (RM556.8 million) through the divestment of Lotus Advance Technologies Sdn Bhd by Proton Holdings Bhd. China-based Zhejiang Geely Holding Group Co. Ltd (Geely) will acquire a 51 per cent stake in British automaker, Lotus, for £51 million while the remaining 49 […]

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Partnership with Geely will relive Proton glory – Johari

PUTRAJAYA: The strategic business plans developed by DRB-HICOM Berhad (DRB-HICOM) and China’s Zhejiang Geely Holdings Group. Co Ltd (Geely) will relive Proton”s glory, said Second Finance Minister Datuk Seri Johari Abdul Ghani. Following the strategic partnership, he said Proton would emerge as a formidable automative player in the Malaysian, ASEAN and global markets. “The signing […]

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China’s Geely to Acquire Stake in Malaysian Carmaker Proton

Chinese billionaire Li Shufu’s Zhejiang Geely Holding Group agreed to acquire a 49.9 percent stake in unprofitable carmaker Proton Holdings Bhd. from Malaysian conglomerate DRB-Hicom Bhd. Geely will also buy a 51 percent stake in British sports-car maker Lotus Cars from Proton and the two parties expect to sign a final agreement before the end […]

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Rohas Tecnic listed on Bursa’s Main market, opens at 99.5 sen

KUALA LUMPUR (March 17): Rohas Tecnic Bhd made its debut on the Main Market of Bursa Malaysia at 99.5 sen today, with 118,200 shares traded. Rohas Tecnic is the product of a reverse takeover (RTO) between Rohas-Euco Industries Sdn Bhd (REI) and investment holding company Tecnic Group Bhd. REI was a steel structure fabricating company […]

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