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 : Discovery Hour: An eclectic selection of BBC shows, curated with variety in...

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

Michael Cucek of Temple University Japan Campus analyzes the outcome of Japan’s election and what it means for the country’s political future.

7:45 AM

Morning Brief

Varun Mittal, Founder of FinTech Nation, explains stablecoin and crypto.

8:00 AM

The Breakfast Grille

Lim Cheong Guan, Managing Director of Top Glove Corporation Bhd talks about whether the company is on the path to recovery, competition against Chinese players, impact of US tariffs and more.

8:30 AM

Morning Brief

Dr. Greg Raymond, Senior Lecturer, Australian National University (ANU) talks about the results of Thailand's general election.

8:45 AM

Morning Brief

Dr. Jayant Menon (Visiting Senior Fellow), ISEAS Yusof Ishak Institute, discusses the changes that follow the India–Malaysia Comprehensive Strategic Partnership.

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

(REPEAT) We take a look at the FBM KLCI as well as regional capital markets.

9:35 AM

Pinnacle Perspectives

Jalil Rasheed, former Managing Director for Asia Pacific at the Tony Blair Institute, discusses leadership and its success criteria.

10:05 AM

Open For Business

Michelle Chin, HerDuit

11:05 AM

P&L

Received a CP500 letter from LHDN demanding tax instalments beyond your monthly PCB? TraTax’s Renganathan Kannan breaks down the 2026 penalty waiver (and who it actually applies to) and why freelancers, gig workers, landlords, and content creators might be filing the wrong tax forms.

12:00 PM

Enterprise Explores

XP Ng, CEO, Academy of Artificial Intelligence, shares about Agentic AI, how it promises systems that do not just generate responses, but execute real business tasks. Yet new data shows that only around 5 percent of enterprise AI agent projects have made it into production, with most stuck in prolonged pilot phases due to poor data, siloed organisations, and unclear governance.

1:00 PM

The Breakfast Grille Repeat

Lim Cheong Guan, Managing Director of Top Glove Corporation Bhd talks about whether the company is on the path to recovery, competition against Chinese players, impact of US tariffs and more.

2:05 PM

Discovery Hour

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

3:05 PM

Earth Matters

Raids, corruption probes and an import ban have put Malaysia’s e-waste trade in focus. Researcher Wong Pui Yi explains what’s happening, and what comes next.

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

Who Is Ahead in The Cyberwarfare Race?

7:00 PM

Just For Kicks

8:00 PM

A Bit of Culture