About DNeX
DNeX is a company based in Kuala Lumpur (Malaysia) founded in 1970.. DNeX has raised $26.21 million across 1 funding round from investors including Foxconn Electronics. DNeX has completed 3 acquisitions, including Genaxis, Ping Petroleum and Silterra. DNeX offers products and services including Semiconductor Solutions and Energy Services.
- Headquarter Kuala Lumpur, Malaysia
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Sectors
Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Dagang Nexchange Berhad
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Annual Revenue
$261.66 M (USD)-7.94as on Dec 31, 2024
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Net Profit
$-11.26 M (USD)37.02as on Dec 31, 2024
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EBITDA
$82.85 M (USD)-29.39as on Dec 31, 2024
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Total Equity Funding
$26.21 M (USD)
in 1 rounds
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Latest Funding Round
$26.21 M (USD), Series B
Jun 10, 2021
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Genaxis
& 2 more
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Products & Services of DNeX
DNeX offers a comprehensive portfolio of products and services, including Semiconductor Solutions and Energy Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Semiconductor solutions are provided to enhance Malaysia's role in the global supply chain across various technology applications.
Energy services are offered in upstream exploration and production, focusing on brownfield redevelopment and maintenance for international clients.
Funding Insights of DNeX
DNeX has successfully raised a total of $26.21M through 1 strategic funding round. The most recent funding activity was a Series B round of $26.21 million completed in June 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series B — $26.2M
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First Round
First Round
(10 Jun 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Series B - DNeX | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in DNeX
DNeX has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Foxconn Electronics. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Electronic products and components are manufactured globally by Foxconn.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by DNeX
DNeX has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Genaxis, Ping Petroleum and Silterra. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Oil & gas exploration and production company
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2012 | ||||
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Management consulting, training, AI, and digital transformation services are provided.
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2003 | ||||
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Wafer foundry and fabrication services
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1995 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - DNeX
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Dnex Comparisons
Competitors of DNeX
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Dnex
Frequently Asked Questions about DNeX
When was DNeX founded?
DNeX was founded in 1970 and raised its 1st funding round 51 years after it was founded.
Where is DNeX located?
DNeX is headquartered in Kuala Lumpur, Malaysia.
Who is the current CEO of DNeX?
Zainal Abidin Abd Jalil is the current CEO of DNeX.
Is DNeX a funded company?
DNeX is a funded company, having raised a total of $26.21M across 1 funding round to date. The company's 1st funding round was a Series B of $26.21M, raised on Jun 10, 2021.
What is the annual revenue of DNeX?
Annual revenue of DNeX is $261.66M as on Dec 31, 2024.
What does DNeX do?
DNeX provides technology and energy exploration services including supply, delivery, installation, testing, commissioning and maintenance of information technology hardware, development, management of businesses to upstream oil gas exploration, production, power plant, engineering, and energy-related business sectors. Offers trade facilitation services, sectors, GoHalal, a supplier of halal products, cybersecurity services, RFID solutions for commercial and residential sectors, and, and IT solutions. The company is a drilling service provider in Malaysia.
What products or services does DNeX offer?
DNeX offers Semiconductor Solutions and Energy Services.
How many acquisitions has DNeX made?
DNeX has made 3 acquisitions, including Genaxis, Ping Petroleum, and Silterra.
Who are DNeX's investors?
DNeX has 1 investor. Key investors include Foxconn Electronics.