FundedIQ

Recently Funded Startups in Malaysia

Updated Sep 2026

FundedIQ tracks 147 funded startups in Malaysia, with their funding rounds, amounts, investors, industries, locations and company details. This page provides an overview of the startup funding landscape in Malaysia, along with the 100 most recently funded startups in the country.

Startups in Malaysia closed 59 funding rounds over the last 24 months, 25 of them in the last 12 months, and raised $546M in disclosed capital. The median disclosed round is $1.9M, with the middle half of rounds falling between $113K and $6.1M. Financial Services, Commerce and Shopping and Apps hold the most companies by sector. Kuala Lumpur and Petaling Jaya hold the deepest concentrations of funded startups in the country.

Financial Services and Commerce lead the activity in Kuala Lumpur. Local venture capital firms dominate the funding activity. This concentration of regional capital means founders prioritize local market fit over global scale. Companies usually maintain small teams. Deal flow remains centered in the capital city and surrounding urban centers.

Malaysia funded startup statistics

Funded startups in Malaysia
147
tracked in the database
Funding rounds, last 12 months
25
59 over 24 months
Disclosed capital raised, 24 months
$546M
42 of 59 rounds disclosed an amount
Median round size
$1.9M
middle half $113K to $6.1M

Most recent funding round on record: Aug 2026. Investors appearing most often across Malaysia funding rounds: VentureTECH.

100 most recently funded startups in Malaysia

100 of 147

Ordered by the date of the latest funding round. Each row gives the company, its location and industry, what it does, the stage and date of that round, and the disclosed amount.

S
Petaling Jaya, Malaysia · Commerce and Shopping
StoreHub Sdn Bhd (1072290-D) is a platform that helps retailers and restaurants in Southeast Asia automate…
Series Unknown ·
Undisclosed
M
Move Robotic
Selangor, Malaysia · Machinery Manufacturing, Manufacturing, Robotics
Move Robotic is a company specializing in warehouse automation and advanced robotics solutions .​​
Series Unknown ·
Undisclosed
R
Recove Group
Bangi, Malaysia · Health Care, Manufacturing, Medical
Recove Group develops innovative proprietary solutions, products, and services especially in medical and…
Series Unknown ·
Undisclosed
A
Kuala Lumpur, Malaysia · Artificial Intelligence (AI), Cryptocurrency, Software
AIW3 is an Agent-as-a-Service platform that automates trading strategies across decentralized and centralized…
Seed ·
$5.0M
P
Kuala Lumpur, Malaysia · Financial Services
PolicyStreet is an online platform that makes buying insurance simple, easy, and affordable with un-bias…
Series C ·
$5.0M
S
Kepong, Malaysia · Apps
Sagtec Global is a software development company specializing in customizable solutions. Their flagship…
Series Unknown ·
$1.6M
R
Kuala Lumpur, Malaysia · Information Technology
Respond.io is a commerce conversational platform that helps enterprise businesses extend their marketing and…
Series B ·
$63M
G
Puchong, Malaysia · Hardware
GreatAsic specializes in delivering next-generation System-on-Chip (SoC) solutions that empower innovation…
Seed ·
$6.9M
S
SkyeChip
Bayan Lepas, Malaysia · Hardware
SkyeChip is a technology company that provides ASIC products, micro-architecture, product engineering, logic,…
Series Unknown ·
Undisclosed
H
Kuala Lumpur, Malaysia · Blockchain and Cryptocurrency
Hata seamlessly connects the traditional financial system with the evolving world of cryptocurrencies,…
Series A ·
$8.0M
A
Kuala Lumpur, Malaysia · Artificial Intelligence (AI)
Off-the-shelf SaaS never fit. We tune production-ready AI to your business — in weeks, not quarters.
Series Unknown ·
$120k
C
Selangor, Malaysia · Commerce and Shopping
Collektr emerges as the leading livestream bidding platform for collectibles in Asia. As a livestreaming…
Seed ·
Undisclosed
B
Teluk Intan, Malaysia · Sustainability
BioLoop provides nutritious, sustainable food solutions, and organic waste management.
Series Unknown ·
$60k
D
Kuala Lumpur, Malaysia · Hardware
DoctorOnCall is a medical video consultation platform that blends powerful video and voice technologies with…
Series Unknown ·
$60k
G
Kuala Lumpur, Malaysia · Health Care
GreenSheart is a digital health company that focuses on improving chronic disease management through…
Series Unknown ·
$60k
P
Kuala Lumpur, Malaysia · Health Care
PlusVibes is a mental health and well-being app that provides accessible emotional support and motivational…
Series Unknown ·
$60k
C
Kuala Lumpur, Malaysia · Clothing and Apparel
Develop and operate the global customization platform "CUSTA."
Seed ·
$4.3M
H
Kuala Lumpur, Malaysia · Financial Services
Halogen is a developer of a digital platform intended to simplify digital wealth management.
Seed ·
$3.3M
C
CapBay
Selangor, Malaysia · Financial Services
CapBay is an award winning peer to peer (P2P) supply chain financing platform based In Malaysia. The focus is…
Series Unknown ·
Undisclosed
A
Kuala Lumpur, Malaysia · Telecommunications, Aerospace
Angkasa-X is a network company that offers internet connectivity across regions.
Seed ·
$870k
F
Johor Bahru, Malaysia · B2B Software, Artificial Intelligence (AI), Food and Beverage, Marketing
The leading smart POS system for Food and Baverage Industry in South East Asia
Seed ·
$5.0M
M
Kuala Lumpur, Malaysia · Advertising, Marketing, Gaming
MantaYaY is a TikTok marketing creator network specializing in gaming influencers and digital content
Seed ·
$5.0M
P
Kuala Lumpur, Malaysia · Financial Services
Paywatch is the only earned wage access service provider backed by major banks and recognized by the United…
Series A ·
$20M
S
Southeast Asian Economics Project
Kuala Lumpur, Malaysia · Education, Community
The Southeast Asian Economics Project is transforming how economics is delivered, learned, and applied across…
Pre-Seed ·
Undisclosed
C
Petaling Jaya, Malaysia · Energy
Cypark Resources specializes in offering a range of sustainable energy, construction, engineering, green…
Series Unknown ·
$308M
N
Kuala Lumpur, Malaysia · Artificial Intelligence (AI)
Naluri provides behaviour science, psychology, digital health, data science, wellness, diet, exercise,…
Series B ·
$5.0M
3
3cat
Kuala Lumpur, Malaysia · Commerce and Shopping
3cat is a platform that focuses on buying, fixing, and selling used smartphones through a combination of…
Seed ·
Undisclosed
I
Kuala Lumpur, Malaysia · Apps
Instapay is the only e-wallet in Malaysia to offer a corporate portal. It enables you to self-manage the…
Series A ·
$3.0M
G
Kuala Lumpur, Malaysia · Financial Services
GreenPro Capital Group (NASDAQ: GRNQ) is a US Nasdaq listed multinational financial services company…
Series Unknown ·
$760k
L
Petaling Jaya, Malaysia · Agriculture and Farming
Our diet shapes who we are, and this is a fundamental truth. The distance between where our food is grown and…
Pre-Seed ·
$110k
K
Kind Kones
Kuala Lumpur, Malaysia · Food and Beverage
Kind Kones is a plant-based ice cream brand in Malaysia and Singapore that offers vegan options free from…
Series A ·
Undisclosed
B
Kuala Lumpur, Malaysia · Administrative Services
Simple, modular, affordable, and intuitive HR management SaaS that provides end-to-end tools for digitizing…
Series A ·
$6.5M
N
Bangi, Malaysia · Information Technology & Services
NexoPrima offered managed IT services as well as ensuring high availability.
Series Unknown ·
$100k
K
Krenovator
Selangor, Malaysia · Artificial Intelligence (AI)
Krenovator is an AI technology talent platform that assists individuals in the tech community, especially…
Seed ·
Undisclosed
V
Kuala Lumpur, Malaysia · Apps
Versa, a digital cash management platform, is here to turn dormant cash into money-earning potential through…
Series A ·
$6.8M
O
Kuala Lumpur, Malaysia · Energy
Series Unknown ·
$2.0M
P
POMEN
Shah Alam, Malaysia · Data and Analytics
Series Unknown ·
Undisclosed
S
SpaceIn
Nibong Tebal, Malaysia · Education
Series Unknown ·
Undisclosed
F
Finory.tech
Kuala Lumpur, Malaysia · Software Development
Seed ·
Undisclosed
A
Kuala Lumpur, Malaysia · Biotechnology
Series Unknown ·
$23M
P
Petaling, Malaysia · Administrative Services
Payd develops financial products that enable ordinary Malaysians to engage in the country's thriving economy.…
Seed ·
$400k
R
Selangor, Malaysia · Information Technology
The goal of Reyhut is to make operators' lives easier by streamlining the check-in process with the help of…
Pre-Seed ·
$70k
B
Kuala Lumpur, Malaysia · Commerce and Shopping
being juice is a brand of fruit-based drinks that focuses on freshly made juices and smoothies. Our beverages…
Seed ·
$1.0M
D
Kuala Lumpur, Malaysia · Hardware
DasAR offers a user-friendly and cost-effective web-based AR solution that doesn't require any coding. Within…
Series Unknown ·
$20k
M
MasterSkill
Kuala Lumpur, Malaysia · Education
MasterSkill is an online training platform designed to help early-career employees develop essential soft…
Seed ·
Undisclosed
X
Kuala Lumpur, Malaysia · Advertising Services
Xamble Group is a pioneering and established platform of influencer-centric digital marketing solutions.
Series Unknown ·
$1.5M
T
The Flow Studio
Kuala Lumpur, Malaysia · Health Care
The Flow Studio is the top yoga and pilates studio in Malaysia. It provides various yoga classes to suit…
Series Unknown ·
Undisclosed
D
Skudai, Malaysia · Hardware
DF Automation and Robotics Sdn Bhd (DF) is a Malaysian company specializing in automation that creates and…
Series Unknown ·
$1.8M
A
Aonic (Formerly Poladrone)
Selangor, Malaysia · Agriculture and Farming
Founded by a team of engineers, Aonic (Formerly Poladrone) is an all-in-one drone solutions provider for…
Series Unknown ·
Undisclosed
D
DCAP Digital
Kuala Lumpur, Malaysia · Financial Services
DCAP is a pioneering Malaysian FinTech company, founded in 2020 by a team of seasoned financial experts with…
Series Unknown ·
Undisclosed
N
Port Kalang, Malaysia · Agriculture and Farming
Nanofertech is an artificial intelligence-driven controlled-release technique used in agriculture to provide…
Series Unknown ·
$10k
O
Kuala Lumpur, Malaysia · Apps
We’re looking to redefine the insurance industry by starting again. No more lengthy processes. No more…
Series Unknown ·
$1.2M
G
Kuala Lumpur, Malaysia · Financial Services
A ground breaking social assistance platform designed to transform the way aid is distributed in Malaysia and…
Series Unknown ·
$10k
K
Petaling Jaya, Malaysia · Technology
Koha is the next-gen fintech platform for legacy planning. Our objectives are to encourage everyone to plan…
Series Unknown ·
$0k
B
Shah Alam, Malaysia · Transportation
Azarol Faizi is the Founder & CEO of Bateriku Group of Companies, Malaysia’s leading Vehicle Ownership…
Series B ·
$8.0M
S
Kuala Lumpur, Malaysia · Internet Services
SurplusLoop is a business-to-business platform focused on the circular economy, aiding businesses in…
Pre-Seed ·
$110k
A
Kuala Lumpur, Malaysia · Artificial Intelligence (AI)
Ascension Innovation is a top healthcare technology company that focuses on advanced AI-powered solutions.
Series Unknown ·
$230k
B
Kuala Lumpur, Malaysia · Blockchain and Cryptocurrency
BidNow is a platform that provides a solution for auctions and home appliances, with a focus on bidding and…
Series Unknown ·
$2.3M
F
FinKnight
Kuala Lumpur, Malaysia · Financial Services
FinKnight provides companies with the chance to expand and gain experience in managing finances. It helps…
Seed ·
Undisclosed
A
ATTN Digital
Kuala Lumpur, Malaysia · Advertising
ATT Digital specializes in transforming and automating your business processes using proven strategies for…
Series Unknown ·
Undisclosed
I
IOXTECH GLOBAL
Kajang, Malaysia · Apps
IOXTECH GLOBAL appears to merge the functionality of traditional punch-card systems with the advanced…
Series Unknown ·
Undisclosed
V
VIDANEX
Kuala Lumpur, Malaysia · Artificial Intelligence (AI)
Transforming Cancer Diagnosis with Digitalisation and Artificial Intelligence
Series Unknown ·
Undisclosed
Z
Zura Charge
Glugor, Malaysia · Information Technology
Zura Charge is a sustainable mobility service that is dedicated to modernizing electric vehicle charging and…
Series Unknown ·
Undisclosed
N
Kuala Lumpur, Malaysia · Artificial Intelligence (AI)
Market research is tedious and labor-intensive job. Anyone who has had to do some in-depth market research…
Pre-Seed ·
$110k
C
Selangor, Malaysia · Design
Choladeck makes it easier to create presentations by offering pre-made slides, icons, and graphics from…
Pre-Seed ·
$20k
M
Petaling Jaya, Malaysia · Information Technology
MessengerCo is a comprehensive platform for corporate gifting that streamlines the process of B2B gifting…
Series Unknown ·
$0k
O
Selangor, Malaysia · Food and Beverage
The Otter Barista is a robotic coffee maker that creates fresh, top-notch beverages.
Pre-Seed ·
$50k
D
Kuala Lumpur, Malaysia · Apps
Deemples is the biggest golf application in Malaysia, with 60,000 golfers using it to discover golf games and…
Series Unknown ·
$2.0M
B
Borong
Kuala Lumpur, Malaysia · Commerce and Shopping
Borong, previously known as Dropee, is a provider of B2B eCommerce solutions that allows businesses to…
Series A ·
Undisclosed
M
MessengerCo
Petaling Jaya, Malaysia · Information Technology
MessengerCo is a comprehensive corporate gifting platform created to enhance B2B gifting globally.
Series Unknown ·
Undisclosed
A
Petaling Jaya, Malaysia · Commerce and Shopping
Applecrumby & Fish is a baby store, both online and in physical locations, that sells a variety of baby…
·
$4.2M
S
Petaling Jaya, Malaysia · Commerce and Shopping
From its inception in Kuala Lumpur, Malaysia in 2012, Soft Space has grown to become the leading mobile Point…
·
Undisclosed
S
Kuala Lumpur, Malaysia · Hardware
Simplify, ranked as one of the top 50 most innovative companies worldwide, offers a platform for individuals…
·
$420k
L
Sungai Buloh, Malaysia · Commerce and Shopping
Lapasar.com is a B2B marketplace, giving corporate buyers access to suppliers across Malaysia - via the…
Series Unknown ·
$6.5M
C
Kuala Lumpur, Malaysia · Information Technology
COEX is a platform that is revolutionizing the construction industry by enhancing the utilization of…
Pre-Seed ·
$110k
C
Kuala Lumpur, Malaysia · Apps
Cult Creative effectively communicates essential details about the job and the company, enabling individuals…
Seed ·
$110k
N
Kuala Lumpur, Malaysia · Information Technology
Nexagate is a company in the field of Information Technology, specializing in offering services related to…
Series Unknown ·
$1.5M
A
Puchong, Malaysia · Design
ATF is dedicated to addressing critical challenges for clients of all sizes. We offer a wide range of…
Pre-Seed ·
$70k
E
Putrajaya, Malaysia · Apps
Ejen2u is a company that aims to assist businesses and resellers in boosting their earnings and improving…
Seed ·
$1.5M
W
WORQ
Kuala Lumpur, Malaysia · Events
WORQ is a successful workspace provider that was established in Kuala Lumpur in 2017. Since then, we have…
Series B ·
Undisclosed
B
BoomGrow
Kuala Lumpur, Malaysia · Agriculture and Farming
BoomGrow is a company that specializes in agricultural technology and cultivates vegetables under carefully…
Seed ·
Undisclosed
K
Kiddocare
Kuala Lumpur, Malaysia · Community and Lifestyle
They are on a journey to create an ecosystem to support working parents – giving them the gift of freedom and…
Seed ·
Undisclosed
E
ERTH
Selangor, Malaysia · Consumer Electronics
ERTH operates a program called E-waste Recycling Through Heroes, where they purchase various types of old…
Series Unknown ·
Undisclosed
V
Butterworth, Malaysia · Manufacturing
Volcano is a provider of various parts and components, encompassing metal and non-metal nameplates as well as…
Series Unknown ·
$9.7M
L
Selangor, Malaysia · Commerce and Shopping
Lokein is a platform that uses artificial intelligence to help small and medium-sized enterprises (SMEs)…
Series Unknown ·
$110k
B
Kuala Lumpur, Malaysia · Biotechnology
BioNexus Gene Lab Corp does non-invasive blood- based dynamic genome screening analyzing changes in RNA to…
Series Unknown ·
$5.0M
A
A2Tech
Skudai, Malaysia · Hardware
A2Tech is a technology company.
Series Unknown ·
Undisclosed
E
ENOKU
Kuala Lumpur, Malaysia · Professional Services
Dedicated to creating social impact, ENOKU (formerly known as Enable OKU) is devoted to fostering measurable…
Series Unknown ·
Undisclosed
M
Midwest Composites
Seremban, Malaysia · Manufacturing
Midwest Composites designs and manufactures advanced composites and biobased composites for customers that…
Series Unknown ·
Undisclosed
M
MobyPay
Kuala Lumpur, Malaysia · Financial Services
MobyPay offers a payment option to buy now and pay later, providing a more budget-friendly shopping…
Series Unknown ·
Undisclosed
P
PayRecon
Setapak, Malaysia · Other
PayRecon provides enterprise resource planning and e-warehouse management solutions that streamline warehouse…
Series Unknown ·
Undisclosed
V
Vircle
Kuala Lumpur, Malaysia · Financial Services
Vircle, which stands for Visible Circle, is a financial technology solution that allows consumers to…
Series Unknown ·
Undisclosed
G
GIIB Rubber
Shah Alam, Malaysia · Manufacturing
GIIB Rubber is a manufacturer of chemicals and rubber products. They develop, manufacture, and market rubber…
Series Unknown ·
Undisclosed
D
Kuala Lumpur, Malaysia · Data and Analytics
DespaQ is an advanced platform for document processing, aiding businesses of all scales to reduce the manual…
Series Unknown ·
$0k
B
Selangor, Malaysia · Financial Services
Bayo solutions cover both a proprietary close-loop payment system and an open-loop system utilizing a…
Series A ·
$2.2M
P
Ipoh, Malaysia · Commerce and Shopping
Plant-based pioneer Plantex is an up-and-coming startup that is at the forefront of advancing food…
Pre-Seed ·
$220k
H
Klang, Malaysia · Commerce and Shopping
HOMA is platform that offers building materials and home finishing products at a bargain with a strong focus…
Seed ·
$870k
H
Johor Bahru, Malaysia · Other
Homii started as a hostel brand in Southern Malaysia, Malaysia as their target, South East Asia as their…
Pre-Seed ·
$220k
S
Petaling, Malaysia · Community and Lifestyle
SOLS 24/7 is a prominent organization that offers educational services both online and in person to…
Series Unknown ·
$100k
Q
Kuala Lumpur, Malaysia · Health Care
Qmed Asia initially provided all-encompassing enterprise SaaS solutions customized for medical institutions…
Series Unknown ·
$1.2M

47 more funded startups

147 startups · 100 visible Unlock with FundedIQ

This page shows the 100 most recent rounds (back to Apr 2023). The full 147-company history for this listing opens on a FundedIQ plan.

Company
Location
Round
Amount

Unlock all 147 companies in this listing: full funding history, investors, and founders.

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Industries with the most funded startups in Malaysia

Sector counts across all 147 tracked companies in Malaysia. A company assigned more than one industry is counted in each.

Where are funded startups located in Malaysia?

Where funded startups in Malaysia are based, by the city on the company record.

City
Funded startups
Kuala Lumpur
82
Selangor
16
Puchong
3
Shah Alam
3
Bangi
2
Johor Bahru
2
Petaling
2
Seremban
2
Skudai
2

Funding stages in Malaysia

How the last 24 months of funding rounds for funded startups in Malaysia break down by stage.

Stage
Rounds, last 24 months

A further 29 rounds in this period were announced without a stage label and are not ranked above.

About the FundedIQ Malaysia startup funding data

FundedIQ tracks announced startup funding rounds and organises them by company, funding date, stage, amount, industry, location and investor. The dataset is refreshed weekly, and new rounds are normalised and de-duplicated before they are published, so the same round reported twice on different dates is recorded once.

Figures on this page cover the 147 funded startups in Malaysia currently tracked. Round counts, capital totals and the median round are computed over a trailing 24 months. Rounds whose amount was not disclosed (17 of 59 in that period) are counted as rounds but excluded from capital totals and from the median. The most recent round on record for funded startups in Malaysia is dated Aug 2026.

The table above shows the 100 most recently funded companies. Full funding histories, investor lists and founder contacts across the whole dataset open on a FundedIQ plan.

Frequently asked questions

How many funded startups are there in Malaysia?

FundedIQ tracks 147 funded startups in Malaysia. This page lists the 100 most recently funded of them, ordered by the date of their latest round, and the full set is available on a FundedIQ plan.

How much funding have startups in Malaysia raised?

Startups in Malaysia tracked by FundedIQ have raised $546M in disclosed capital across 59 funding rounds over the last 24 months, including 25 rounds in the last 12 months. 42 of those 59 rounds disclosed an amount; undisclosed rounds are excluded from the capital total.

What industries have the most funded startups in Malaysia?

Financial Services has the most, with 24 companies, followed by Commerce and Shopping (19), Apps (13) and Artificial Intelligence (10). Sector counts include every company assigned that industry, and a company can carry more than one.

Which cities have the most funded startups in Malaysia?

Kuala Lumpur leads with 82 companies, then Petaling Jaya (17), Selangor (16) and Puchong (3).

What is a typical funding round size for startups in Malaysia?

The median disclosed round over the last 24 months is $1.9M, and the middle half of rounds fall between $113K and $6.1M. Round sizes vary widely by stage, so the seed and later-stage bands sit well either side of that figure.

What is the most common funding stage for startups in Malaysia?

Seed is the most common labelled stage, with 16 rounds in the last 24 months, ahead of Series A (6) and Pre-Seed (3). A further 29 rounds were announced without a stage label and are not counted here.

How often is the Malaysia startup funding data updated?

The dataset is refreshed weekly. New rounds are normalised and de-duplicated before they are published, and the most recent round currently on record for funded startups in Malaysia is dated Aug 2026. Counts and totals on this page are recomputed on every refresh.

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