FundedIQ

Funded Apps Startups in Malaysia

Among the 12 funded apps-sector companies in this dataset, Kuala Lumpur functions as the dominant hub, with eight of the twelve companies headquartered there.

Among the 12 funded apps-sector companies in this dataset, Kuala Lumpur functions as the dominant hub, with eight of the twelve companies headquartered there. The two most recent raises with disclosed amounts both closed as Series A rounds: Instapay Technologies secured $3M in June 2025 and Versa Asia raised $7M in March 2025, continuing a pattern of Series A activity that also includes FoodMarketHub's $9M round in December 2021 — the largest in the set, raised out of Petaling Jaya.

Seed-stage deals recur across several years, with IIMMPACT ($2M, 2022), Ejen2u ($2M, Putrajaya, 2023), Torum ($500K, Kampar, 2021), and Cult Creative ($110K, 2024) all transacting at that stage. Three companies — IOXTECH GLOBAL, Deemples, and Ouch — carry a Series Unknown classification, pointing to rounds where stage data was not publicly reported. One entry, IOXTECH GLOBAL from Kajang, lists its amount as undisclosed entirely.

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Frequently asked

What are the largest disclosed rounds among these Malaysia apps startups?

FoodMarketHub holds the largest single raise in this dataset at $9M Series A, closed in December 2021 out of Petaling Jaya. Versa Asia follows at $7M Series A in March 2025, and Instapay Technologies at $3M Series A in June 2025, both based in Kuala Lumpur.

Where are most of these funded apps companies headquartered?

Eight of the 12 companies are based in Kuala Lumpur. The remaining four are distributed across Petaling Jaya, Putrajaya, Kajang in Negeri Sembilan, Sungai Buloh in Selangor, and Kampar in Perak — indicating some geographic spread beyond the capital but with a clear KL concentration.

Which round stages appear most frequently in this segment?

Seed is the most common disclosed stage, with four companies — Cult Creative, Ejen2u, IIMMPACT, and Torum — raising at that level. Series A accounts for three rounds, and three companies are tagged Series Unknown, meaning their stage was not publicly disclosed.

How active has funding been in this segment recently?

The two most recent rounds both closed in 2025: Instapay Technologies in June and Versa Asia in March. Before those, Ouch raised $1M in October 2024 and Deemples raised $2M in June 2024, suggesting consistent deal flow through late 2024 and into 2025.

What do typical deal sizes look like for apps-sector raises in this dataset?

Disclosed amounts range from $100K at Pre-Seed (Quadby, 2021) up to $9M at Series A (FoodMarketHub, 2021). Seed deals in the set span $110K to $2M, while the three Series A rounds fall between $3M and $9M. One round from IOXTECH GLOBAL in August 2024 remains undisclosed.

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