When it comes to countries with innovative and intriguing companies, Malaysia may not be the first place that comes to mind. Despite this, the country was ranked as the 11th most promising startup ecosystem in the world. In 2019, the country's startups raised a large amount of money, with a total of $226 million raised. A total of $99 million was invested in early-stage development.
There are a lot of elements that could be at play when considering why Malaysia has such a quickly growing startup ecosystem. For example, among the Southeast Asian region, the country with the largest number of digital products per person in Malaysia. The regulatory framework in Malaysia has also changed, giving startups in the country a higher chance of success. This article is all-in on everything you need to know about startups and the Malaysian startup list.
Ever wondered why Malaysia has such a high number of ever-growing startups? There are a variety of elements that could be at play in explaining why Malaysia has such a quickly growing startup ecosystem. For example, among the Southeast Asian region, the country with the largest number of digital products per person is Malaysia. The regulatory framework in Malaysia has also changed, giving startups in the country a higher chance of success.
What is a startup and how does it differ from other companies? A startup is a small firm, focused on technology-based products, started by one or more entrepreneurs to develop and market a unique product or service. The average startup is, by definition, a shoestring company, with early money provided by the founders or their friends and family.
One of the startup's first tasks is raising substantial money to further develop the product. To do that, they need to have strong pitch decks, if not a minimum viable product, that supports their claim that their idea is truly new or a great improvement to something on the market.
Read more about What Is A Startup here.
Below is a startup list of some of the most successfully running startups in the nation. It would be quite difficult to fit them all in one page, hence listed below is the startup list for the most well-known.
NEXEA is the leading Angel Investment Network in Malaysia - and we invest in Startups across Southeast Asia. With a proven track record and numerous high-growth Startups in our portfolio, we have gathered a large group of angel investors that invest and mentor Startups.
What's different at NEXEA Group Sdn Bhd (Formerly known as NEXEA Angels Sdn Bhd) is how we work with investors and Startups. We do not make money until our investors make money - and even then, we only charge on the profit portion. Our belief is that fund managers and investors should be aligned with regard to compensation in Startup investments. We have a list of about 7000 startups with 1500 applications every year. NEXEA focuses mainly on tech-based startups
Because of the above, we are highly motivated to:
Do get in touch with us if you are looking to contact startups.
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