The Tin Men Brief

US$7.4M Series A to Scale Industrial Vision AI Globally

Tin Men Capital led Ailytics' oversubscribed US$7.4 million Series A, joined by SG Growth Capital, Japan's Safie and other investors.

Since our initial investment in 2024, Ailytics has grown from 70 projects across four countries to more than 400 deployments in 15 countries. Its platform transforms existing industrial CCTV into real-time operational intelligence, helping improve safety, productivity and compliance.

Customers report a 73% reduction in recordable incident rates and 84% fewer safety non-compliances. The new financing will support expansion across the U.S., Japan, Australia and the Gulf.

GINA V2 Launches as Physical AI Gains Momentum

Groundup.ai unveiled GINA V2 at Industrial Transformation Asia-Pacific 2026, introducing the next generation of its AI-native Cognitive Maintenance platform.

The engine combines sound, vibration and thermal data with agentic reasoning to diagnose developing equipment faults and recommend corrective actions.

The launch follows Groundup.ai's September recognition among the NextGen Tech 30, an initiative led by Granite Asia and the Singapore Exchange recognising promising growth-stage technology companies.

The company also reported eight-figure, multi-year contracts and expanding deployments across Asia-Pacific, the Middle East and Europe.

US$2M to Tackle AI Chip Packaging Constraints

Tin Men Capital led a US$2 million seed financing for Malaysia-based nanoSkunkWorkX (nSWX), marking our first investment in a Malaysian startup.

As AI infrastructure grows increasingly powerful, managing heat and electrical performance inside semiconductor packages has become a critical challenge.

nSWX is developing graphene-copper interfaces designed to improve heat dissipation (2x) and energy efficiency (40%) while remaining compatible with established manufacturing processes.

The company has also advanced applications in green hydrogen and biosensors, including a paid research programme with the U.S. Navy's Naval Medical Research Unit Indo Pacific.

Recognised Among Asia's Emerging Enterprises

OnSite was named a finalist in the 2026 Emerging Enterprise Awards, organised by The Business Times and OCBC, with its founders featured in a dedicated industry profile.

The company's AI-powered work chat platform tackles a persistent challenge in construction: the enormous volume of unstructured information shared through messages, photographs and voice notes.

OnSite turns everyday site communications into organised tasks, reports and operational records, without requiring field workers to overhaul their existing workflows.

Already supporting more than 100 projects across Singapore and Hong Kong, OnSite is bringing practical AI into an industry where operational coordination directly affects project execution.

US$17M Series B and a Strategic Acquisition

Graas announced a US$17 million Series B in August, led by LemmaTree, an investment firm founded by Temasek, with participation from Tin Men Capital and other investors.

Alongside the financing, Graas acquired Trustana, an AI-native product data platform, marking its third acquisition.

The combination expands Graas' capabilities in agentic commerce, connecting product, customer and inventory intelligence to AI agents capable of supporting sales, ordering and customer engagement.

The acquisition also broadens the company's customer reach across Australia, Southeast Asia and the Gulf, adding major retailers to an established enterprise customer base.

Strengthening Leadership for International Growth

GlobalTix announced the appointment of Wilson Tang as Chief Technology Officer on October 15, strengthening its executive leadership as the company accelerates its global expansion.

With more than 12 years of experience in travel technology and ticketing, Wilson will help scale the company's technology platform and international operations.

GlobalTix now connects more than 180,000 experiences with over 15,000 reseller partners worldwide, providing reservation, distribution and ticketing infrastructure for the global attractions and experiences sector.

The appointment reflects continued investment in the technology and leadership required to support its expanding international network.

Moving Regulated AI from Frameworks into Production

Pints AI joined Profinch in organising FOUNDATION, a September forum in Singapore focused on governed AI in financial services. CXOs of regulated financial institutions flew in for the closed-door forum from as far away as the Philippines and Ghana.

The discussion centred on an increasingly important challenge for banks and insurers: how to deploy AI in core operations while maintaining explainability, auditability, human oversight and regulatory accountability.

Pints AI develops enterprise AI agents for highly regulated financial workflows, including underwriting, claims processing, credit decisioning and compliance.

As financial institutions move beyond AI experimentation, the company's focus on governed, production-ready deployment addresses the operational requirements of mission-critical decision-making.

Taking the Conversation on AI-Native Banking to Hong Kong

HugoHub Co-Founder and Chief Product Officer Braham Djidjelli has been named to the speaker lineup for Hong Kong FinTech Week x StartmeupHK 2026, taking place November 2–6.

HugoHub provides modular banking infrastructure that enables banks and fintechs to build and operate financial products through a unified technology platform.

Its infrastructure supports digital banking, payments, lending and wealth solutions, with a growing focus on the opportunities and governance requirements created by AI-native financial services.

The upcoming event will bring together financial institutions, technology companies and policymakers to examine the next generation of financial infrastructure.