**KMP to Invest Up to US$672,000 in Halovision**
Edelteq Holdings Berhad has announced the establishment of Halovision System Sdn. Bhd., a joint venture with Halo Technologies Sdn. Bhd., aimed at developing and commercialising advanced Automated Optical Inspection (AOI) systems for the global semiconductor industry.
As part of this milestone, Kumpulan Modal Perdana Sdn. Bhd. (KMP) — a tech-focused venture capital firm wholly owned by the Minister of Finance and operating under the purview of the Ministry of Science, Technology and Innovation — will invest up to US$672,000 (approximately RM3.2 million) in Halovision.
The investment will accelerate the development of the Raptor series for substrate panel inspection and the i-Falke series for wafer-level inspection, while also providing essential working capital support.
“This partnership is a strong vote of confidence in Halovision’s technology and vision. With KMP’s strategic backing, we aim to accelerate product development and position Malaysia as a key contributor to the next wave of semiconductor innovation,” said Chin Yong Keong, Group CEO of Edelteq Holdings Berhad.
Lee Hui-Ni, Chief Investment Officer of KMP, added, “We are proud to support Halovision in its journey here in Malaysia as it advances towards delivering world-class semiconductor inspection solutions. This investment underscores our deep commitment to nurturing home-grown innovation and strengthening Malaysia’s position in the global electronics and semiconductor value chain.”
John Moon, CEO of Halovision System Sdn. Bhd., commented, “At Halovision, our mission is to push the boundaries of inspection technology to meet the evolving demands of the semiconductor industry. With the combined strengths of Edelteq, Halo Technologies, and KMP, we are confident of bringing cutting-edge solutions such as the Raptor and i-Falke series to market and establishing Halovision as a trusted technology partner globally.”
The creation of Halovision, along with KMP’s investment, underscores Edelteq’s commitment to advancing semiconductor equipment capabilities and deepening Malaysia’s footprint in the global high-tech ecosystem.
Beyond the capital injection, this investment represents a strategic collaboration between a government-owned venture capital fund and a publicly listed company to support a pioneering Malaysian semiconductor start-up. The partnership is poised to accelerate industry advancement in alignment with Malaysia’s National Semiconductor Strategy by cultivating local talent and technological capability, upgrading the value chain, and strengthening Malaysia’s role as a pivotal enabler in the global semiconductor ecosystem.
https://www.digitalnewsasia.com/business/edelteq-launches-halovision-jv-secures-strategic-investment-kumpulan-modal-perdana
