Seven local startups selected to join Cyberview Living Lab® Accelerator Programme’s 18th Cohort

 Seven local startups selected to join Cyberview Living Lab® Accelerator Programme's 18th Cohort
  • Companies will go through a 5-month program designed to achieve product-market-fit&nbsp,
  • Project nurtured 98 businesses, attracted over US$ 53.7M opportunities &amp, generated US$ 167M in earnings

 Seven local startups selected to join Cyberview Living Lab® Accelerator Programme's 18th Cohort

Seven small startups are being evaluated by Cyberview’s Living Lab Accelerator ( CLLA ) Program to accelerate their growth and business development. This includes, among others, digital and data-centric solutions for smart and green living, as well as technologies like artificial intelligence ( AI), industrial Internet of things ( IIoT), and robotics.

The selected companies are MengajiOnline, NexoPrima, MindnRobotics, Solvnex, SmartPeep, Bual Design, and BriqBloq.

According to Cyberview, these companies are undergoing a five- month program designed to support their research and development, with a focus on achieving Item- Marketplace- Fit, to maintain conference market demands. Additionally, they will have the support of Cyberview to system and join with appropriate business professionals both domestically and internationally.

Shafinaz Salim, mind of the Technology Hub Development Division at Cyberview, stated,” In line with the Madani Economy Framework, Cyberview supports the government’s dedication to businesses through the Cyberview Living Lab Accelerator initiative. As one of Malaysia’s longest- running pedal applications, we have seen many alumni making significant contributions to Cyberjaya’s technology ecosystem and the country’s online business”.

She added,” We are always on the lookout for solutions employing the latest technology, such as generative AI and robotics. We may continue to support these businesses as they test their options in Cyberjaya and enter new businesses.

Startups under the 2024 cohort may love incentives over US$ 21, 000 ( RM100, 000 ) per startup throughout the programme, including rent- completely workspace at Colnnov8- Cyberview’s sweet landing zone, business advisory, and mentoring to develop sustainable business models and gain market access. At the end of the five- month period, the companies may pitch and display their options at a Demo Day to potential buyers, partners, and the press.

The CLLA programme has nurtured over 98 startups, attracted investments exceeding US$ 53.7 million ( RM255 million ) and generated over US$ 167 million ( RM792 million ) revenue over the past decade. Additionally, the programme has created more than 1, 400 jobs. &nbsp,

Successful alumni include TheLorry, MoneyMatch, Medkad, MHub, Supagene, Monsta, BillPlz, and Trackerhero.

The CLLA program offers a platform for funding, partnerships, market validation, market access, and commercialisation, whether harnessing the power of technologies or creating solutions to address pressing challenges.