PEXX, a pioneering fintech startup specialising in cryptocurrency and blockchain technology, today announced the successful closure of a US$4.5 million seed funding round. This significant investment will propel the development of the company's innovative stablecoin-to-fiat payment platform, set to revolutionise the way people transfer currencies across borders.
The funding round...
The Securities Commission Malaysia (SC) is inviting global applications for the second cohort of its FIKRA ACE Accelerator programme, part of the FIKRA ACE initiative.
Launched in 2023, FIKRA ACE1 is a three-year initiative aimed at advancing the Islamic Capital Market (ICM) through innovative Islamic fintech solutions. The programme comprises...
pitchIN, Malaysia’s leading digital fundraising and investment hub, has launched pitchIN Secondary Trading Market (PSTX), marking Malaysia's first-ever equity crowdfunding (ECF) secondary market and joining the ranks of international ECF platforms like Seedrs (U.K.) and StartEngine (U.S.) in offering formal trading platforms to ECF investors.
The inception of PSTX represents...
Notti Pet Food, the innovative pioneer behind Southeast Asia’s first slow-baked super premium kibbles, has secured seed investment of RM2.4 million (US$0.5 million) from 500 Global and First Move, marking a major milestone in the bootstrapped company's journey.
Notti’s mission is to elevate pet health and nutrition standards across Southeast...
Seven start-ups from the 18th Cohort of the Cyberview Living Lab® Accelerator (CLLA) programme recently garnered interests exceeding RM36 million and over 30 partnership proposals from investors, funding agencies, and corporate and industry partners during the Demo Day event held on 15th May 2024 at Rekascape, organized by Cyberview...
By Percy Hung
In an era of rapid innovation and entrepreneurship, startups find themselves at a crossroads in seeking financial backing to fuel their growth. Traditionally, the paths available to these fledgling companies have largely been through securing venture capital or pursuing traditional bank loans.
However, both routes come with distinct...
The KL20 Summit 2024 has concluded, signaling a pivotal moment for Malaysia as it anticipates significant transformation driven by its burgeoning startup ecosystem. Over the past years, startups have emerged as a key contributor to Malaysia's economic landscape, with projections indicating a remarkable surge in their impact.
Between 2008 and...
Southeast Asia serves as a nexus of global trade and technological advancement, with Malaysia emerging as a nation of compelling contrasts, blending rich heritage with cutting-edge industries. Against this backdrop, the KL20 Summit 2024 highlighted exceptional investment opportunities across key sectors that showcase Malaysia's unique blend of tradition and...
The Malaysian Government is making a firm commitment to enhance the start-up ecosystem here with the KL20 Summit 2024, set to take place on 22 to 23 April 2024 at the Kuala Lumpur Convention Centre.
The Summit was announced at a press conference today, which was attended by six...
In a groundbreaking move, Antler, the global early-stage venture capital firm, has declared its largest pre-seed investment round to date, committing an impressive US$5.1 million (RM24.2 million) to support 37 startups across Southeast Asia, with a significant focus on Malaysia. This investment round not only sets a new record...
Mesh Bio, a Singapore-based health deep tech startup transforming chronic disease management through predictive analytics, announced today that it has raised US$3.5 million in Series A financing led by East Ventures, a pioneering and leading sector-agnostic venture capital firm focusing on Southeast Asia. This round of investment is also...
Elice Inc., South Korea’s upcoming AI-powered educational platform company, has raised a ₩20 billion (approximately US$14.9 million) Series C round, led by Vertex Growth, a growth-stage venture capital fund anchored by Vertex Holdings, and include Altos Ventures.
The newly acquired funds will strengthen their organisational capabilities and fuel expansion into...
