Singapore’s Innowave Tech brings agentic AI and edge computing capabilities to fabs and advanced packaging
Accuron Technologies (Accuron), via its New Ventures arm ANVen, has made a strategic investment in Innowave Tech, a Singapore-headquartered technology company developing agentic AI-enabled industrial automation solutions for the semiconductor and advanced manufacturing sectors. The investment marks the Group’s first foray into AI-driven process intelligence and reflects the group’s commitment to expanding its presence in high-growth technology segments.
Founded and headquartered in Singapore, Innowave Tech develops purpose-built solutions that digitalise semiconductor and advanced manufacturing production data through proprietary edge AI hardware, algorithms, and software. These capabilities are unified into a single platform for process orchestration, giving semiconductor fabs and advanced packaging operations greater insight and autonomy over equipment performance, yield, and uptime. The company has established customer deployments across key semiconductor hubs including Southeast Asia, the US, Japan, China, Taiwan, and Europe.
For Accuron, a global precision engineering and technology group headquartered in Singapore, the investment is both a financial commitment and a strategic one. Innowave Tech’s process intelligence solutions present tangible opportunities for collaboration across the Group’s semiconductor equipment companies — translating directly into better equipment performance and outcomes for shared customers.
“This is our first investment in AI-driven industrial technology, and we believe it is well-timed,” said Edwin Chow, Deputy Group CEO, Accuron Technologies. “The semiconductor and advanced manufacturing sectors are moving towards intelligent, data-led operations, and Innowave Tech is addressing a real and growing need. Beyond the investment itself, we see this as the start of a collaborative relationship that will strengthen the competitiveness of our companies.
For Innowave Tech, the partnership brings established industry relationships and operational depth across key markets in Asia and beyond.
“This investment reflects a shared belief in where semiconductor manufacturing is headed,” expressed Xu Jinsong, CEO of Innowave Tech. “Accuron Group brings more than capital—their industry relationships, global reach, and experience scaling businesses in our core sectors are what make this partnership genuinely valuable. We believe the collaboration ahead will create real value for the industry.”
For more information on Innowave Tech, visit www.innowave.com.sg.