Innovation

Japan’s Leave a Nest Group launches Center of Garage Malaysia to spur deep tech ecosystem
Ambitious target to generate US$20.97mil in economic impact Support from global leaders such as Mitsubishi Electric, Kobashi Industries
AC Ventures raises US$210mil to back founders in Indonesia and Southeast Asia
Backed by global limited partners, 90% are institutions, including World Bank’s IFC Advocates gender diversity: 50% female leaders in-house, 41% in its portfolio
Mavcap invests in Vynn Capital’s SEA focused mobility and supply chain fund
Reflects continuous commitment to back local funds,  nurture pioneering startups Sime Darby, AEI Capital earlier investors, enabling industry to invest into tech companies
Capgemini: Majority of business leaders optimistic about their growth in 2024
83% plan to increase investments in digital tools and technology, in particular AI 50% see climate change as biggest driver of operational disruption over next decade
Four trends propelling digital-first enterprises for Malaysia in 2024
Private AI, XaaS, Liquid Cooling & Sustainability to shape future of business Adoption will also drive innovation, efficiency & environmental responsibility
Uni students win big at Hong Leong Bank’s generative AI hackathon
‘Can You Hack It’ saw solutions to improve customer & workplace experience Alignment with HLB brand values which strongly promote a culture of innovation
Penang's startup ecosystem receives recognition with Georgetown as 8th ranked city in Southeast Asia 
Georgetown is 2nd highest-ranked city in Malaysia with KL at 4th spot Supporting startup ecosystem part of plan to attract high-tech industries
APU wins Shell Selamat Sampai Varsity Challenge 2023
Team APU from Asia Pacific University of Technology & Innovation emerged as the grand winner, presenting their project, Guardian Defense Unit.
FIKRA ACE Accelerator 2023 picks Global Psytech and Pewarisan as winners
Opportunity for cohort to run Proof-of-Concept projects with industry partners Fikra Ace lays foundation for future innovation & collaboration in Islamic finance
PIKOM, e-Commerce Malaysia welcome decision not to ban TikTok Shop, urge for competitive fairness
Ensure local businesses, products, enablers prioritised over foreign players Craft policies that are both equitable and beneficial for all stakeholders involved
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Digerati50 2020-2021

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