FundedIQ

Funded Startups in Pulau Pinang

Across the 5 most recent Pulau Pinang-funded entries, only one round has a disclosed amount: Volcano’s $10M on 2023-08-24.

Across the 5 most recent Pulau Pinang-funded entries, only one round has a disclosed amount: Volcano’s $10M on 2023-08-24. That figure stands alone versus the other four entries, which are labeled undisclosed (SkyeChip on 2026-05-08; SpaceIn on 2025-03-12; Zura Charge on 2024-08-08; SafeTruck on 2022-11-21).

The list is heavily concentrated in the Bayan Lepas–Nibong Tebal–Glugor–Butterworth–Penang geography chain and spans a clear temporal window: 2022-11-21 (SafeTruck) through 2026-05-08 (SkyeChip). In stage classification, 3 of 5 entries are “Series Unknown” (SkyeChip, SpaceIn, Zura Charge), 1 of 5 is explicitly “Seed” (SafeTruck), and only Volcano has a disclosed round amount. Sector coverage is spread out rather than clustered: Hardware (SkyeChip), Education (SpaceIn), Information Technology (Zura Charge), Manufacturing (Volcano), and Software (SafeTruck) each appear once.

Most recent rounds

5 shown
S
SkyeChip
Bayan Lepas, Malaysia · Hardware
Series Unknown · May 2026
Undisclosed
S
SpaceIn
Nibong Tebal, Malaysia · Education
Series Unknown · Mar 2025
Undisclosed
Z
Zura Charge
Glugor, Malaysia · Information Technology
Series Unknown · Aug 2024
Undisclosed
V
Volcano
Butterworth, Malaysia · Manufacturing
Series Unknown · Aug 2023
$9.7M
S
SafeTruck
Penang, Malaysia · Software
Seed · Nov 2022
Undisclosed

Related listings

Frequently asked

What’s the largest disclosed round shown for Pulau Pinang, and how does it compare to other disclosed amounts?

Volcano is the only entry with a disclosed amount: $10M on 2023-08-24. The other four entries (SkyeChip 2026-05-08, SpaceIn 2025-03-12, Zura Charge 2024-08-08, SafeTruck 2022-11-21) are labeled undisclosed, so the $10M figure is the sole disclosed datapoint in this slice.

Are the most recent closures clustered in time within the rows shown?

Yes. Three of the five rounds fall between 2024-08-08 and 2026-05-08 (Zura Charge 2024-08-08, SpaceIn 2025-03-12, SkyeChip 2026-05-08), while the remaining two are older (Volcano 2023-08-24; SafeTruck 2022-11-21).

Which stage classifications dominate this Pulau Pinang sample?

“Series Unknown” dominates with 3 of 5 entries: SkyeChip (2026-05-08), SpaceIn (2025-03-12), and Zura Charge (2024-08-08). SafeTruck is the only explicitly labeled “Seed” entry (2022-11-21), and Volcano is the only row with a disclosed amount (but its round type is “Series Unknown”).

Do any sectors repeat across these entries, or is the sector mix evenly distributed?

The sector mix is evenly distributed across the 5 rows: Hardware (SkyeChip), Education (SpaceIn), Information Technology (Zura Charge), Manufacturing (Volcano), and Software (SafeTruck) each appear once. There is no 3+ sector repetition to indicate a tight industry cluster in this view.

Is there a notable outlier in disclosed financing versus the rest of the list?

Volcano’s $10M on 2023-08-24 is an outlier relative to disclosed amounts because it is the only disclosed figure; the other four entries are undisclosed (SkyeChip 2026-05-08; SpaceIn 2025-03-12; Zura Charge 2024-08-08; SafeTruck 2022-11-21).

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