Boost for Malaysian startup ecosystem as100Soonicorns program selects its first 24 founders

Aspires to create a founder driven leadership and coaching program
Identify startups with potential to grow into Malaysia’s next Unicorns ScaleUp Accelerator Sdn Bhd (ScaleUp Malaysia) and Proficeo Consultants Sdn Bhd in partnership with Penjana Kapital Sdn Bhd and Malaysia Digital Economy Corporation (MDEC), has announced the selection of the first two…Continue Reading

Alibaba Entrepreneurs Fund Launches Jumpstarter 2023 Global Pitch Competition

Startups are encouraged to integrate UN Sustainable Goals
The top 30 startups will be eligible for investment and cash prizes Alibaba Hong Kong Entrepreneurs Fund (AEF) announced the JUMPSTARTER 2023 Global Pitch Competition is now open for applications. Jumpstarter 2023 is open for applications from now until 14 May 2023. 
The top 100 entrants…Continue Reading

500 Global Expands Southeast Asia Leadership Team

Three new 500 Global partners in Southeast Asia named
The venture capital firm has backed over 340 companies in Southeast Asia Silicon Valley-based venture capital firm 500 Global today announced the appointment of Saemin Ahn, Shahril Ibrahim, and Martin Cu as Partners in Southeast Asia. Saemin, Sharil, and Martin will lead 500 Global’s…Continue Reading

Germany’s First Lady visits Penang incubator, 25 Startups, espoused support for female tech founders

Elke Büdenbender champions recognition for women in tech industry
Women founders of startups bring a different perspective to tech solutions Startup community builder, 25 Startups, welcomed the First Lady of Germany,Elke Büdenbender, to promote diversity and inclusivity in the Malaysian tech ecosystem last week.
Her visit to the incubator in Penang included discussions with…Continue Reading

Malaysia Almost Doubles Drone Readiness In One Year

Malaysia moved up nine sports in the DRI
It achieved a 100% rating in applicability, human resources, and certification  
  Malaysia’s drone industry is flying high after ranking 21st in the Drone Readiness Index (DRI), up from the 30th spot last year. It is also the top-ranked Southeast Asian country in the…Continue Reading

Malaysia and China Collaborate to Enhance Cross-Border Supply Chain Traceability

Research in using blockchain to prevent fraud in supply chain processes
Announcement against backdrop of heavy selling of MyEG’s shares since last week MyEG Services Bhd is making strides in its collaborative research with strategic partners Universiti Malaya (UM) and China Academy of Information and Communications Technology (CAICT), which is part of an…Continue Reading

Reboot: How the Anwar Ibrahim Government Can Jumpstart Malaysia’s Startup Ecosystem Pt2

  kk
kk Funding: Fuel For The Fire
After presenting our nine recommendations across the talent and market access areas, we conclude with our recommendations around funding – where the rubber really meets the road. 
If we want our companies to be competitive with their regional counterparts we can’t handicap them and hope they…Continue Reading

Reboot: How the Anwar Ibrahim government can jumpstart Malaysia’s Startup Ecosystem 

  Tap brightest of the over 100k international students in Malaysia 
Encourage use of Malaysian solutions & spark virtuous cycle of innovation As we move in various circles both locally and when we travel abroad, one theme seems to commonly surface – the Malaysian startup ecosystem is lagging behind. Yes, we’ve had…Continue Reading