- Money will be used to strengthen the group, boost marketing and sales efforts, and increase productivity.
- has access to nearly 30 000 highly qualified technical professionals in Indonesia and Malaysia.
Krenovator Technology Sdn Bhd ( Krenovator ), a tech talent platform with AI that focuses on identifying and developing talent for businesses, has received seed funding from Ignite Asia, a venture capital and private equity firm with operations in Singapore and Malaysia. The company stated in a speech that the round was still open and that it had been actually closed in early 2025.
The recently secured funds will be effectively used to strengthen Krenovator’s marketing and sales efforts and expand its team.
Krenovator, which was founded in 2019, has grown into a top AI-powered skills platform for business clients, providing IT services to businesses in the oil and gas, transportation, manufacturing, finance, and banking industries, and the telecommunications industries. The business already provides services to clients in Malaysia, the Middle East, and Europe.
Its main strength, in Krenovator’s opinion, is a powerful technology talent sourcing strategy. The organization has access to nearly 30 000 experienced tech professionals, primarily from Malaysia and Indonesia, through its amazing AI-powered program. Krenovator can quickly identify and provide best candidates for clients ‘ crucial tasks thanks to this extensive talent pool. This unique capability, according to the company, has become a key distinguishing factor, drawing in businesses looking for top tech talent.
Krenovator’s program is growing as a vivid ecosystem for tech professionals, allowing for peer connections, and forgetting strong communities.
The money from Ignite Asia, according to Mahadhir Yunus, CEO of Krenovator, confirms Krenovator’s strategy for addressing the digital talent shortage. He continued, adding that Krenovator’s knowing of business IT needs makes it possible for the company to source top-tier skill in Southeast Asia with the help of the AI-powered platform.
He noted that the funding will enable further group growth, program development, and marketplace reach.
Jake Thui, evil president of assets at Ignite Asia, expressed his admiration for Krenovator’s creative approach to the field of technical expertise. He added that Ignite Asia is eager to help the company grow in the region and that the system’s AI-driven procurement and enterprise-focused plan provide a solid benefit statement.
The bottom five percent of Southeast Asian technical expertise is carefully sourced and nurtured by Krenovator’s primary activities to help enterprise IT initiatives. The firm has grown its talent pool in Malaysia and Indonesia to almost 30 000 specialists over the past two decades, increased its customer base, which includes Fortune 500 companies and is public-listed, and doubled its workforce. The significance of this plant financing in order to support its continued growth and delivery is highlighted by latest acquisitions of significant international clients.
In the coming months, Mahadhir stated that Krenovator plans to triple its revenue and increase its clientele, as well as roll out new services, including increased IT offerings and potential Software Tester as a Service, all of which are based on its expertise in technical talent sourcing to support enterprise digital transformation.