The SEA Capital LP and SoundAI Technology (M) Sdn Bhd have entered into a Memorandum of Understanding (MOU) on 6 September 2022 at the China Smart Industry Trade Exhibition and Forum 2022, in the presence of the Minister Foreign Affairs of Malaysia, Dato’ Sri Saifuddin Abdullah. The Memorandum of Understanding (MOU) stating their desire to collaborate and kickstarting The SEA Capital’s venture into the China market.
The SEA Capital has been keen to explore more opportunities to invest outside of Southeast Asia and this MOU opens the door to China venture for the firm. The MOU entails SoundAI to provide business pipeline to The SEA Capital.
The SEA Capital LP is a private equity firm focuses on growth in capital investments in small-to-mid sized companies within the Southeast Asia. With a highly experienced team of over 50 years of combined experiences in investment, this MOU signing shall bring The SEA Capital new venture into the China market.
SoundAI Technology (M) Sdn Bhd is an innovation company specializes in acoustic frontier technology and Artificial Intelligence interaction. Founded in May 2016 with its headquarter located in Beijing, China, SoundAl mainly focuses on the development and application of Azero development framework, with the smart audio technology as the core, integrating the AI, big data, cloud computing and IoT and other technologies.