Fundraise

Malaysia's nanoSkunkWorkX raises $2M to cool AI chips

What's the deal? Malaysian deep tech startup nanoSkunkWorkXDealroom has a profile for this one. Try Dealroom → (nSWX) has raised US$2 million in seed funding led by Singapore-based Tin Men CapitalDealroom has a profile for this one. Try Dealroom →. The money targets the company's technology for improving heat and current management in AI chip packaging.

What's the endgame? nSWX is building an interface-engineering platform to tackle the heat bottleneck that constrains AI chip performance. The funding will support semiconductor partner qualification and scale that platform.

Where the money goes: Beyond chip packaging, nSWX will use the round to advance its hydrogen and diagnostics programmes across Asia.

Why it stands out: The $2 million round ranks in the 93rd percentile for seed deals in Malaysia, based on a sample of 664 rounds — a notably large early-stage raise for the market.

The signal: As AI chips grow denser and hotter, managing heat and current at the packaging level has become a critical constraint. Backing a Malaysian startup on that problem points to Southeast Asia's push to carve out a role in the global semiconductor supply chain.

Image credit: Generated with Gemini

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