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



11:00 AM

Best of Enterprise

(REPEAT) We speak with Nick Ng, Founder and CEO of Hock Kee Kopitiam, about building a modern kopitiam brand rooted in heritage, community, and made-to-order tradition.

12:00 PM

Popcorn Culture

(REPEAT) We review Train Dreams and The Voice of Hind Rajab.

1:00 PM

Cruise Control

(REPEAT) The VW Golf GTI Mk8.5 might sound like an incremental upgrade, but it's worth checking out if you're a fan of the brand. Tune in to hear why.

2:00 PM

Matt-Splained

(REPEAT) In the first part of a series on technologies in ‘26, Rich and Matt take a look at consumer tech, imagine what IRL AI looks like, and advances in energy production.

3:00 PM

Earth Matters

(REPEAT) We find out about a Semai fruit season homestay finally opening to the public, supported by Gerimis Art, sharing forest life, culture, and community-led ecotourism.

4:00 PM

Bar None

(REPEAT) We review the recent Malaysia Open 2026 and look back at our shuttlers' performances throughout 2025.

5:00 PM

BBC World Service

Two women with art galleries in Switzerland, London, Nigeria and the US talk about discovering and promoting new artists, building relationships with art collectors and the importance of supporting women in the art world.