BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  Open For Business  >  DF Automation’s 12 Year Journey, ECF Raise, Growth Plans Ahead, and IPO Target

DF Automation’s 12 Year Journey, ECF Raise, Growth Plans Ahead, and IPO Target

Dr Yeong Che Fai, CEO and Co-founder, DF Automation & Robotics

21-Feb-24 10:00

DF Automation’s 12 Year Journey, ECF Raise, Growth Plans Ahead, and IPO Target

In 2023 alone, investments in robotics soared to $12.9 billion, underscoring the promising outlook for the global autonomous mobile robots industry and DF Automation looks primed to ride this wave and is currently raising funds to do so. Founded in 2012, Johor-based DF Automation specialises in producing Autonomous Mobile Robot and Automated Guided Vehicle solutions with clear objectives: Optimise workflow, enhance productivity, and slash operational costs.

This year marks DF Automation’s 12th year in the industry to support their growth ambitions, they are offering between 3.6% to 9% of the company to raise between RM3 million and RM8 million on equity crowdfunding platform pitchIN. This follows a RM3 million raise on the platform back in 2019. As of 14th of February, they have achieved 43% of the funding target, valued at RM1,285,716.

We speak to Dr Yeong Che Fai, the Chairman and Co-founder of DF Automation & Robotics to get a better understanding of the value and potential of the robotics industry, and their origins and ambitions, as well as plans for the funds they are currently raising.

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  technologyentrepreneursinvestments

Tags:  ofbbb2023autonomous mobile robotautomated guided vehicleroboticsinvestmentsequity crowdfunding





Play / Pause

Listen now : BFM 89.9 -- The Business Station

Today’s Shows



6:00 AM

The 6AM Stretch

Thought-provoking discussions on ideas, people and events shaping our lives.

7:00 AM

World Market Watch

Kingsley Jones, Chief Investment Officer, Jevons Global tells us where international markets are heading.

7:15 AM

Morning Brief

We recap global and local headlines from today's papers and portals.

7:30 AM

Morning Brief

Shannon Teoh, Malaysia Bureau Chief at The Straits Times breaks down what unfolded at the 47th ASEAN Summit in Kuala Lumpur

7:45 AM

Morning Brief

Dr. Greg Raymond, Senior Lecturer, Australian National University discusses peace agreement between Thailand and Cambodia.

8:00 AM

The Breakfast Grille

Brian McFeeters, President & CEO, USABC talking about the state of US–Malaysia trade and investment ties, how that’s evolving amid global supply chain shifts.

8:30 AM

Morning Brief

Dr. Joshua Netto, Director, Blue Stone Management talks about flood mitigation for housing projects.

8:45 AM

Morning Brief

Julia Goh, Senior Economist, UOB discusses trade deals coming out of the ASEAN Summit.

9:00 AM

Opening Bell

(REPEAT) Kingsley Jones, Chief Investment Officer, Jevons Global tells us where international markets are heading.

9:15 AM

Opening Bell

Redza Abdul Rahman, Director of Research, BIMB discusses which companies will benefit from the structural change from Sabah state elections.

9:35 AM

Pinnacle Perspectives

P. Gunasegaram, Independent Business Writer weighs in on Malaysia’s highway challenges.

10:05 AM

Open For Business

Wong Weng Yew, Founder & Managing Director, Open DC

11:05 AM

P&L

Steffi Manisha Arokiam, Associate Director, ThinkTx Consultants

12:00 PM

Enterprise Explores

Farid Zakwan, Team Captain; Macy Lim, Lam Research; Ilylia Kamaruzaman, Founder, Roboticist Malaysia

1:00 PM

The Breakfast Grille Repeat

Our flagship show, we feature both game-changers and groundbreakers in the hot seat.

2:05 PM

Discovery Hour

An eclectic selection of BBC shows, curated with variety in mind.

3:05 PM

Earth Matters

4:05 PM

Health & Living

5:00 PM

Top 5 at 5

6:00 PM

Today I Learned

What is the ASEAN Summit really for, and why should it matter to us?

7:00 PM

Just For Kicks

8:00 PM

A Bit of Culture

Cultural heavyweights Jo Kukathas and Eddin Khoo join Kam Raslan to talk about understanding complicated things, what the elders left us and remembrance.