Applications open for SEA startups looking to get into Carsome Mobility Lab programme
By Digital News Asia June 14, 2022
- Accelerate startups in auto ecosystem via mentoring, workshops, funding
- Partners Sunway iLabs for first of its kind auto ecosystem focused accelerator
Carsome and Sunway Innovation Labs (iLabs), innovation arm of Sunway Group has launched the Carsome Mobility Lab programme to accelerate the growth of startups in the auto ecosystem through one-to-one mentoring, workshops, access to funding and partnership opportunities with industry leaders.
Launching its first of its kind auto ecosystem focused accelerator, this 4-month programme is for seed to series A startups across Southeast Asia, operating in the markets Carsome is in, that are disrupting the following key verticals - Financial Services, Sustainable Mobility, Blockchain & NFT, Artificial Intelligence & Machine Learning, Connected Automotive Ecosystem, Aftermarket Automotive Design and Hardware, and Vehicle Support Marketplaces and Providers.
Shortlisted startups will be assessed throughout the pre-accelerator programme. Only a selected few will advance to the accelerator where the startups will be able to run pilots with Carsome and Sunway business units and tap onto the extensive funding funnel and ecosystem comprising Orbit Malaysia, SunSEA Capital, Gobi Partners and The HIVE SEA for further funding and investment opportunities.
“The auto ecosystem is ripe for further innovation and disruption. We look forward to teaming up with Sunway to work with startups across Southeast Asia to bring cutting edge innovation that will benefit the entire auto ecosystem and ultimately add value to the vehicle ownership journey of all consumers,” added Carsome Group Head of Merger & Acquisition and Ecosystem Strategy, Digbijoy Shukla (pic).
“Innovation is one of the key drivers for growth in any industry. We are excited to work with Carsome and the startups in the auto ecosystem to develop new ideas, solve problems and create opportunities for these startups to grow,” says Dr Melissa Foo (pic, left), Head of Sunway iLabs Ventures.
Startups that demonstrate use cases on the highlighted verticals are encouraged to apply.
Applications are open until July 4. To apply or for more information, visit https://innovationlabs.sunway.edu.my/carsome-mobility-lab/
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