Startups

Sabah Creative Economy & Innovation Centre launches mentorship programme with MaGIC
500 hours pledged by 30 mentors to serve 300 Sabahan entrepreneurs Aim to accelerate industries in Sabah through technology, innovation & creativity
MDV to complement Dana Penjana Nasional investments to boost Malaysian startup growth
Investments by new venture debt firms a chance for club/syndicated deals MDV well positioned to continue as catalyst for venture debt growth
Carsome raises US$30mil Series D round
One of largest all-equity rounds to date in SEA’s online automotive sector Eyeing US IPO by end 2023 as market interest for its segment is strong there
MaGIC’S GAP Cohort 4 Startups Post Revenue Growth of 53%
39 global startups graduate from flagship accelerator programme Ultimate goal transform startups into industry leaders that build sustainable firms
Any which way you look at it, E-Nation 2020, rocked
MaGIC CEO: Ensured that quality and relevance of content was our top priority Key to ask crazy questions because before a breakthrough comes the crazy idea
The NTIS helps startups power through Covid-19 with collaboration, innovation 
Part of PENJANA, the NTIS is more than just an opportunity for tech startups to gain necessary funding to survive the longstanding effects of the pandemic, but to also build innovation and an ecosystem to help the country.
Gobi-Core Philippine Fund inches to 7 startups funded by 2021 with inclusion of livestream platform Kumu
The US$10mil Philippines Fund adds Kumu to their portfolio, with hopes to invest in four more startups in other emerging industries.
ScaleUp Malaysia Accelerator Cohort 2 On A #Quest2Scale 20 Companies
Submissions came from all over the world, including Belgium, Egypt, India Startups are selected on their propensity to disrupt existing/legacy markets
Penang TECHFEST Live features Road-to-WCIT in hybrid series of events to drive inclusivity of tech for all
TECHFEST Live to be broadcast 18–20 Nov with 77% penetration rate in M’sian homes Highlights include WITSA Global ICT Excellence Awards & 2020’s Featured Innovations
E-Nation 2020: Building nations in a post-Covid world requires tech, government, education, and empathy
At a panel titled “Reflect, Reset and Reform – Thriving in the New World”, speakers from Malaysia, France and the UK reflect on nation building following a crisis, and the roles in which education, government and technology plays in progress
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Digerati50 2020-2021

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