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 : The Breakfast Grille Repeat: Juan Carlos Moreno Gutiérrez, Chargé d’Affaires of Colombia...

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 Mulholland, President, TJM Limited, Chicago 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

Prof. Alexis Dudden of NUS discusses what’s at stake in Japan’s snap election this Sunday.

7:45 AM

Morning Brief

Dr. Renard Siew, Climate Change & Sustainability Expert discusses if Malaysia’s e-waste import ban will make a real change.

8:00 AM

The Breakfast Grille

Juan Carlos Moreno Gutiérrez, Chargé d’Affaires of Colombia in Malaysia, discusses Colombia-Malaysia ties and his views on the US–Venezuela crisis.

8:30 AM

Morning Brief

Dr. Michael Montesano, Associate Senior Fellow, ISEAS-Yusof Ishak Institute talks about Thai election.

8:45 AM

Morning Brief

Trung Ghi, Partner and Head of Energy & Utilities at Arthur D. Little in Asia Pacific, discusses the global critical minerals landscape in the wake of US government's recent moves.

9:00 AM

Opening Bell

(REPEAT)Tim Mulholland, President, TJM Limited, Chicago tells us where international markets are heading.

9:15 AM

Opening Bell

Geoff Howie, Market Strategist, Singapore Exchange gives us an outlook for Singapore's market.

9:35 AM

What's The Focus

We wrap up the week’s biggest conversations to keep you in the know.

10:05 AM

Open For Business

Co-founders Sean Tan and Jesmine Tan join us to break down what has changed since we last spoke to them in 2024, how their revenue mix and operations have evolved, the commercial logic behind their move into kids skincare, the economics of selling across online and physical retail, and how they are balancing scale with profitability as they plan for 2026 and beyond.

11:00 AM

Mattsplained

Matt Armitage, Founder, Kulturpop

12:00 PM

Enterprise Explores

MTDC 2

1:00 PM

The Breakfast Grille Repeat

Juan Carlos Moreno Gutiérrez, Chargé d’Affaires of Colombia in Malaysia, discusses Colombia-Malaysia ties and his views on the US–Venezuela crisis.

2:05 PM

Discovery Hour

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

3:05 PM

Front Row

Young theatre makers push boundaries in The Young Blood Experiment. We speak to Yanu and Yuthes Umadevi Navarathinam about their bold new plays and ideas.

3:20 PM

Front Row

Tune in to find out about the latest happenings in the local arts scene, and get the lowdown on the best shows and exhibitions in town.

4:05 PM

Health & Living

We look at MAKNA’s 30-year history in helping improve the lives of cancer patients.

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

Popcorn Culture

We review Sam Raimi’s survival-horror flick, Send Help, and then ask: What are the best depictions of survival, whether in movies or TV?

7:00 PM

Just For Kicks

8:00 PM

Bar None

Bowling legend, Esther Cheah joins us in the studio to reflect on her career after announcing her retirement recently.

9:00 PM

The Selector

Covering all styles of music from indie, dubstep, folk, soul, electro and everything in between from some of the most exciting artists in the UK.