Aonic, a Malaysia-based drone technology company, has secured $10m in Series A funding to expand its operations globally. The investment, led by Kairous Capital and supported by Jelawang Capital through Malaysia’s National Fund-of-Funds, will enable Aonic to enhance its research and development, scale its drone technology, and broaden its reach beyond Southeast Asia.
Founded by Cheong Jin Xi, Aonic has developed a comprehensive ecosystem that designs, engineers, and manufactures drones and proprietary software in-house. This approach allows the company to maintain control over product performance and costs. “Aonic is scaling a proven system,” said Cheong. “This funding enables us to expand globally with the same level of consistency and reliability we’ve achieved in Southeast Asia.”
Aonic’s drones are designed to modernise agriculture by addressing labour-intensive and hazardous tasks. By automating processes like spraying, the drones have increased farmers’ incomes by 50% and farm output by 54%, whilst reducing water usage by 75%. The company also supports farmers with training, financing, and retail services to lower adoption barriers.
With over 50 3S (Sales, Service, Spare Parts) centres across Southeast Asia, Aonic provides robust after-sales support. As a leader in the agri-drone sector in Malaysia and Thailand, Aonic’s technology is widely used for plantation and farm spraying operations. The recent funding will further bolster its position as a transformative force in food and agri-technology.
