- For place, a heavy tech startup creates wireless charging stations.
- Engage against more than 70 companies worldwide to earn US$ 1 million in funding.
Aphelia Sdn Bhd, a heavy tech startup, was chosen as Malaysia’s local champion and does represent the nation at the Startup World Cup Grand Finale, which will take place in San Francisco on December 1.
Aphelia creates mobile charging stations for space missions, and its ground-breaking technology has the potential to revolutionize how missions are approached. The high costs of launching satellites into space can be reduced by up to 90 % by using these wireless charging stations. Additionally, satellites’ lifespans are increased, which lessens the growing problem of storage dust, a serious economic concern.
The Malaysia Regional Finals, which were hosted in October by Sunway Innovation Labs( iLabs ), the innovation wing of the company and the Malaysian Research Accelerator for Technology & amp, Innovation( MRANTI ), Cradle Fund, Hong Leong Bank, and Maxis. Pegasus Tech Ventures is a Silicon Valley venture capital firm. In order to potentially win US$ 1 million ( RM4.64 million ) in investment, Aphelia will be up against more than 70 other startups worldwide. She will also have the chance to network with leading international businesspeople and investors.
” Our partnership with Sunway iLabs shows how committed we are to establishing Malaysia’s business ecology globally.” According to Mohd Safuan Zairi( pic ), MRANTI Chief Ecosystem Development Officer,” through this competitors, we have seen the possibility and creativity within our native companies, emphasizing the need for more situations like this to support our growing innovative society.”
The fact that Aphelia represents Malaysia on a global stage and that Cradle continues to support the development of Malaysia’s company ecosystem is evidence of the enormous potential that nearby startups have. Ahmad Kashfi Abdullah, senior vice president of Cradle’s ecosystem development, said,” We are eager to see how the Grand Finale turns out.”
” One of the main objectives of Sunway iLabs is to join Indonesian companies to the great resources of international businesses and development bastions, such as Silicon Valley, believing it does provide significant value and become a stepping stone for them.” We are thrilled to discover Aphelia indicate Malaysia after the success of the Startup World Cup Regional Finals, which is a testament to the skills and probable that Malaysia has to offer.
The & nbsp, a country on the global stage, said Matt van Leeuwen( pic ), director of Sunway iLabs and chief innovation officer of the company.
The panel’s judges were Mohd Safuan, Matt, Ahmad Kashfi, Shailesh Grover, key digital and development officer at Hong Leong Bank, Loh Keh Jiat, senior vice president of Cradle, Grant, and Juliana Jan.
The major ten companies that participated in the event were chosen through primary and semi-final sessions by business partners like Hong Leong Bank, Maxis, and Sunway iLabs. Startups were evaluated based on their overall pitching and display as well as their answer, market and grip, competitive advantage, business case, and founding team.
Maxis is passionate about promoting development in the tech ecosystem. Being a participant in the Startup World Cup gives us the chance to develop deep connections with both businesses and companies. We fully support the team traveling to the Grand Finale, Loh said.
” We extend our sincere congratulations to Aphelia on their amazing accomplishment in emerging as the Startup World Cup Malaysia master, prevailing in a competitive industry of startups distinguished by their very impressive solutions.” Shailesh expressed confidence that Aphelia does have a significant effect in the aviation industry and positively lead to Malaysia and the ASEAN place.” The quality of innovation and creativity displayed by the finalists at this elevated degree is truly amazing ,” she said.