October, November & December
4th Quarter
Malaysia’s tech, startup and VC funding news from across October, November and December of 2019, focusing on early stage startups.
For technology-specific news for the most recent month, visit the Other News section, covering blockchain, artificial intelligence, fintech and cryptocurrency news across the 17 jurisdictions that we cover.
October 2019 • November 2019 • December 2019
October 2019
- Malaysia: China’s Huawei secures role in country’s 5G rollout with local partner Maxis telecoms major
- Malaysia: IoT proposed as method to help solve the country’s traffic woes via traffic lights that respond to real-time data collected by cameras and sensors
- Malaysia: Hacktoberfest Penang 2019 set for October 13th, part of the worldwide Hacktoberfest event
- Malaysia: E-Nation event, ‘Shaping an Entrepreneurial Nation’, set for October 30-November 2nd
- Australia’s Power Ledger partners Malaysia’s Sustainable Energy Development Authority to trial peer to peer energy trading
- A look at the recent Malaysia Rice Bowl Conference & National Awards Ceremony, the first leg of the ASEAN Rice Bowl Startup Awards 2019
- Malaysia: Aerodyne drone solutions provider raises $30M for global expansion, in part via 500 Startups and Gobi Partners
- Malaysia: Prepay takes aim at online shopping fraud with escrow service holding payments from buyers until items are received, and when both parties have agreed
- Malaysia: 5 business owners on what to expect from the Innovatif+ Summit & Awards in Penang from October 25-27
- Malaysia: Asia Mobiliti successfully completes pilot deployment of IoT device made for buses using 4G and eSIM
- Malaysian-Hong Kong foodtech startup, Phuture Foods, preps for launch of vegan pork meat alternative in Hong Kong, Singapore and beyond
- Singapore-Malaysia MyCash raises funding to take financial services platform for unbanked migrant workers to new Asia-Pacific markets
November 2019
- A look at Malaysia’s favourite ewallet apps, by download and by monthly active users
- Malaysia: DevFest & Bizfest George Town 2019 set for Penang, November 30th, a Google Developers Group event
- A quick intro to 7 SE Asian startups offering pet-related services, from treats to health insurance
- Tourism Malaysia partners China’s Mafengwo travel-focused social network to boost visitation for Visit Malaysia 2020 program
- A look at the recent Malaysian edition of Microsoft’s AI for Accessibility hackathon
- ICYMI: Web2ship takes win at Seedstars Malaysia with help for online sellers to group-buy cross-border shipping services; moves on to global pitch competition
- Malaysia: An intro to MAEKO, aiming to reduce food waste with an all-in-one commercial on-site composting machine
- Malaysia: A look at the recently completed NEXEA Startup Accelerator and Startup-Corporate Pilot programs, and the 5 startups funded as a result
- Malaysia: CtrlD Studio wins Best Student Game category at the recent SEA Game Awards KL 2019 with XR gaming
- The Malaysia Fintech Ecosystem Report 2019, from e27 – download it now
- Malaysia: An intro to 10 investment-ready startups from the recent MaGIC Global Accelerator Program Demo Day
- Malaysia: An intro to Life Origin, social enterprise farming Black Soldier Flies as both method of waste management and as a source of sustainable protein
- Malaysia: An intro to Phuture Foods, making plant-based meat-free pork
- Malaysia: A brief look at the winners from Cradle Fund’s Startup Awards and Media Appreciation Night
- Malaysia: Online scam syndicate run by Chinese nationals busted, near 700 arrested over cross-border cybercrime using 8000 mobile phones and 1000 computers
- Malaysia Digital Economy Corporation partners Digi telco to enable entrepreneurs, startups and developers to trial 5G technology at the 5G OpenLab in Cyberjaya
- Malaysia: A look at the growth experienced by startups on the 3rd cohort of MaGIC Global Accelerator program
- Malaysia: ADBRO, AI-driven adtech specialising in in-image programmatic marketing for publishers and advertisers, secures financing from 500 Startups
- Malaysia: Devfest and Bizfest George Town 2019 – November 30th in George Town, Penang
- An intro to the 3 startups which recently completed a 6-month business mentoring program with PwC Malaysia and Malaysia Digital Economy Corporation
- Malaysia: RHL Ventures VC firm launches accelerator and $24M startups fund focusing on emerging technologies in Malaysia
- Hong Kong’s Boutir Limited social mobile commerce solutions provider and multi-channel commerce platform takes win at recent Asia Innovatif+ Awards in Malaysia
- Singapore takes 4th spot globally in ‘best cities for entrepreneurs’ report; Kuala Lumpur, Malaysia takes 8th; Sydney and Melbourne, Australia take 9th and 15th
December 2019
- An intro to the 7 Malaysia startups selected for batch 5 of the EXPAND Indonesia program, recently placed for a week’s immersion in Jakarta’s FintechSPACE
- Malaysia: Government uses entire Hope Fund, $49M raised from the public, to pay off a portion of 1MDB’s debt
- A brief overview of the benefits for Malaysian startups in partnering with corporations for growth and development
- Malaysia: Gov’t is testing ‘e-Tunai Rakyat’ system with e-wallet providers and government agencies to prepare for a RM30 one-off digital stimulus program
- By the end of 2020, Malaysia plans to make 40 percent of its public services end-to-end…”
- Malaysia: An overview of November’s MaGIC Agritech and Food Bootcamp Demo Day, powered by 1337 Ventures, and the 13 startups which took part
- Malaysia: An intro to MyGroser, online grocery store aiming to raise RM 2M
- Malaysia: Carsome continues growth with $50M fundraise for used-car sales platform connecting individuals selling cars with dealers
- Malaysia: An intro to the 20 startups selected for the inaugural cohort of ScaleUp Malaysia
- Malaysia: Oxwhite breaks country’s equity crowd-funding records, raising $1.2M via PitchIn with 485 investors backing high-quality white men’s dress shirts business
- BMW and DHL partner to produce blockchain proof of concept for Asia Pacific supply chain operations to provide better visibility for auto parts from Malaysia
- Malaysia: GrabPay, Boost, and Touch’n’Go eWallet selected by gov’t as service providers for $109M e-Tunai Rakyat Initiative
- An overview of Malaysia’s recent 5G moves, potentially setting the country as the region’s first to deploy nationwide
- ICYMI: The Malaysian Fintech Ecosystem Report 2019, from e27
- Huawei cloud services unit to partner regional arm of San Francisco’s Skymind to offer joint expertise on smart city innovation with projects in Indonesia, Malaysia
- Global Startup Awards unveils global winners of 2019 competition in China event, selected from competition across 40 participating countries
- A brief intro to 5 of Southeast Asia’s early-stage startups, working in farming, logistics and more
Startup News: Malaysia
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