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 : Opening Bell: (REPEAT) Tim Waterer, Chief Market Analyst at KCM Trade tells...

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

Tim Waterer, Chief Market Analyst at KCM Trade 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

Dr. Azmi Hassan, Senior Fellow at the Nusantara Academy for Strategic Research shares his thoughts on political meetings held over the weekend.

7:45 AM

Morning Brief

Sulaiman Saheh of Rahim & Co discusses the outlook for Malaysia’s property market amid Johor’s residential boom and Kuala Lumpur’s office market challenges.

8:00 AM

The Breakfast Grille

Yeo Tien Seng, Executive Director of Guan Huat Seng Holdings Berhad discusses his company's upcoming listing on the ACE Market.

8:30 AM

Morning Brief

Cheah Wai Seng, Energy, Resources and Industrials Leader at Deloitte Malaysia, shares insights into Malaysia's energy utilisation and power availability.

8:45 AM

Morning Brief

Ragunath Kesavan, Former President of the Malaysian Bar Council, provides insight into the Attorney General’s Chamber's decision over Zahid Hamidi's Yayasan Akalbudi legal case.

9:00 AM

Opening Bell

(REPEAT) Tim Waterer, Chief Market Analyst at KCM Trade tells us where international markets are heading.

9:15 AM

Opening Bell

Ahmad Maghfur Usman, Equity Analyst at Nomura Malaysia discusses the impact of US tariffs on ports.

9:35 AM

Pinnacle Perspectives

Hamish Munro, CEO of IPSOS APEC, shares insights into Malaysians' expectations and sentiments heading into 2026.

10:05 AM

Open For Business

Sagtec Global’s Kevin Ng on listing on the NASDAQ, the 50% stock drop, and their planned expansion to "Robot-as-a-Service" and AI analytics for their F&B customers.

11:05 AM

P&L

Startups have speed; scale-ups have bureaucracy. But with the right AI tooling, can a mature company of hundreds fight with the agility of a solo founder in a garage? StoreHub’s Fong Wai Hong shares his experience.

12:00 PM

Enterprise Explores

IIAM’s Suhailah Abdulla and Philip Rao discuss their Risk in Focus 2026 report, getting into why cyber and AI breaches persist despite boards being aware of the risks.

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

A countdown of the 5 biggest stories of the day, to catch you up on all you need to know!

6:00 PM

Today I Learned

7:00 PM

Just For Kicks

8:00 PM

A Bit of Culture