Malaysia’s technology firm Edelteq has secured strategic investment from Kumpulan Modal Perdana Sdn. Bhd (KMP), a tech-focused venture capital firm wholly owned by the Malaysian government.

In a statement on Monday, Edelteq has also announced the establishment of Halovision System Sdn. Bhd. (Halovision), a joint venture with Halo Technologies Sdn. Bhd. (HTSB), to develop and commercialize advanced automated optical inspection (AOI) systems for the global semiconductor industry.

As part of this milestone, KMP, will invest up to MYR 3.2 million ($760,000) in Halovision.

The funds will accelerate the development of the Raptor series for substrate panel inspection and the i-Falke series for wafer-level inspection, as well as working capital requirements.

“This partnership is a strong vote of confidence in Halovision’s technology and vision,

“With KMP’s strategic backing, we aim to accelerate product development and position Malaysia as a key contributor to the next wave of semiconductor innovation,” said Chin Yong Keong, Group Chief Executive Officer, Edelteq Holdings Berhad.

Meanwhile, Lee Hui-Ni, Chief Investment Officer, KMP, said the firm is proud to support Halovision in its journey here in Malaysia as it advances towards delivering world-class semiconductor inspection solutions.

“This investment underscores our deep commitment to nurturing homegrown innovation and strengthening Malaysia’s position in the global electronics and semiconductor value chain,” she added.

John Moon, Chief Executive Offcier of Halovision System Sdn. Bhd, said that at Halovision, the firm’s mission is to push the boundaries of inspection technology to meet the
evolving demands of the semiconductor industry.

“With the combined strengths of Edelteq, HTSB and KMP, we are confident of bringing cutting-edge solutions like the Raptor and i-Falke series to market and establishing Halovision as a trusted technology partner globally,” he added.

According to the statement, the creation of Halovision and KMP’s investment underline Edelteq’s commitment to advancing semiconductor equipment capabilities and deepening Malaysia’s footprint in the global high-tech ecosystem.

More than just capital deployment, the investment represents a strategic collaboration between a government owned venture capital fund and a publicly listed company to back a pioneering semiconductor Malaysian startup.

The partnership is positioned to accelerate semiconductor industry advancement in line with Malaysia’s National Semiconductor Strategy by cultivating local talent and technological capability, promoting value-chain upgradation, and strengthening Malaysia’s role as a pivotal enabler in the global semiconductor ecosystem, said the statement.

#SemiconductorInnovation #TechInvestment #MalaysiaTech #OpticalInspection #VentureCapital