Series A Funded Startups in Malaysia
The disclosed round sizes in this Series A set center around mid-single to low-teens, with Paywatch’s $20M disclosed round (2025-11-05) standing well above…
The disclosed round sizes in this Series A set center around mid-single to low-teens, with Paywatch’s $20M disclosed round (2025-11-05) standing well above the rest of the disclosed amounts; the next-largest disclosed figures are $12M (Tokenize Malaysia on 2022-08-12) and then a cluster at $9M (FoodMarketHub on 2021-12-02) and $7M (BrioHR on 2025-05-14; Versa Asia on 2025-03-19; respond.io on 2022-09-20). A second pattern is concentration in Kuala Lumpur: 11 of 14 rows list Kuala Lumpur (e.g., Paywatch 2025-11-05; Instapay Technologies 2025-06-18; Tokenize Malaysia 2022-08-12), with the remaining entries split between Selangor (including Ethis on 2022-05-01 and Epost on 2021-07-20) and Petaling Jaya, Selangor (FoodMarketHub on 2021-12-02). Temporally, rounds span 2021-07-20 (Epost) through 2025-11-05 (Paywatch), and there is a dense 2025 window where multiple Kuala Lumpur rounds close between March and June 2025 (e.g., Versa Asia on 2025-03-19; BrioHR on 2025-05-14; Kind Kones on 2025-05-23).
Most recent rounds
14 shownRelated listings
Frequently asked
Which disclosed round is the outlier in this Malaysia Series A list, and how does it compare to the next-largest disclosed amounts?
Paywatch’s $20M disclosed round on 2025-11-05 is the largest disclosed amount in the 14-row set and is substantially above the next-largest disclosed figure of $12M (Tokenize Malaysia on 2022-08-12). Other disclosed rounds include $9M (FoodMarketHub on 2021-12-02) and multiple $7M rounds (BrioHR on 2025-05-14; Versa Asia on 2025-03-19; respond.io on 2022-09-20).
Are there clear geographic clusters, or do companies distribute across multiple cities/states?
Kuala Lumpur is over-represented: 11 of 14 rows list Kuala Lumpur (including Paywatch on 2025-11-05 and Instapay Technologies on 2025-06-18). Outside Kuala Lumpur, the list includes Selangor entries such as Bayo Pay (M) Sdn Bhd on 2023-06-02 and Ethis on 2022-05-01, plus one Petaling Jaya, Selangor row (FoodMarketHub on 2021-12-02).
How concentrated are rounds in the most recent part of the timeline shown?
The most recent entry is Paywatch on 2025-11-05, and several additional rounds fall in the 2025 first half, including Instapay Technologies on 2025-06-18, Kind Kones on 2025-05-23, and BrioHR on 2025-05-14; Versa Asia closes earlier in that same year window on 2025-03-19. Earlier years still appear (e.g., Epost on 2021-07-20 and FoodMarketHub on 2021-12-02), indicating the list spans multiple cohorts from 2021-07-20 to 2025-11-05.
Do sectors cluster, or is the mix evenly spread across categories?
Sectors are not evenly spread: apps appears in multiple entries (Instapay Technologies 2025-06-18; Versa Asia 2025-03-19; Simplify 2022-09-30 is Hardware, while FoodMarketHub 2021-12-02 is Apps), and commerce and shopping also recurs (Borong 2024-05-16; Dropee 2022-01-20; Epost 2021-07-20). Financial Services is another repeat category with Paywatch 2025-11-05, Bayo Pay (M) Sdn Bhd 2023-06-02, and Tokenize Malaysia 2022-08-12.
How should analysts treat disclosed amounts given missing disclosures in this slice?
Undisclosed amounts appear repeatedly: Kind Kones (2025-05-23), Borong (2024-05-16), and Simplify (2022-09-30) are labeled undisclosed, alongside other rows that do disclose amounts such as BrioHR ($7M on 2025-05-14) and Tokenize Malaysia ($12M on 2022-08-12). This means any comparison of “largest” or “smallest” should rely only on disclosed figures (e.g., the smallest disclosed amount here is $2M on Bayo Pay (M) Sdn Bhd 2023-06-02 and Epost 2021-07-20).
Which deals sit in the lower-disclosed range, and do they cluster by time or sector?
The lowest disclosed amount in the set is $2M, shown for Bayo Pay (M) Sdn Bhd on 2023-06-02 (Financial Services) and Epost on 2021-07-20 (Commerce and Shopping). More broadly, several disclosed rounds concentrate in the $3M range (Instapay Technologies is $3M on 2025-06-18; Ethis is $3M on 2022-05-01; Dropee is $3M on 2022-01-20), spanning from 2022 into 2025 rather than forming a single short burst.
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