Congratulations to the 10 startups selected to participate in the Plug and Play Malaysia Accelerator Program! Plug and Play is incredibly excited to have these outstanding startups join the inaugural batch of the program. From customised drones to advanced hydroponic farm tech, these startups have exciting and innovative solutions in the focus areas of Food, Mobility, Agtech, Supply Chain, Sustainability, Fintech.
The accelerator program seeks to drive the growth of the innovation ecosystem in Malaysia by collaborating with leading corporations and high-potential startups worldwide. The program looks to focus on key themes such as Digital Society & Technology Hub, Sustainability & Climate Resilience, and Food Security & Agriculture. These areas are curated to align with Malaysia's objectives, build economic capabilities, and future-proof several industries present in the country.
Plug and Play APAC first announced its joint partnership with Khazanah Nasional Berhad, CelcomDigi and Sime Darby Plantation to support the Future Malaysia Program through its accelerator programs in May 2023. The Future Malaysia Program aims to transform technologies via stakeholder involvement that benefits participating startups, corporations, investors, and governments who look to invest and scale emerging technologies in the country. Plug and Play later launched its new office in Kuala Lumpur and also welcomed EDOTCO Group as a new corporate partner of the Future Malaysia Program in September 2023.
Meet the up-and-coming startups:
1. Alphaswift
Focus Area: Mobility
HQ: Malaysia
Alphaswift provides customized drones (UAV) and robotics design and development for industrial clients.
2. Bizbaz
Focus Area: Fintech
HQ: Singapore
Bizbaz are catalysts of transformation, merging cutting-edge AI, data analytics, and behavioral science to redefine industries. Pioneers in innovation, they empower businesses and individuals with profound insights, enabling these parties to make informed decisions that drive positive change
3. CropX
Focus Area: Agtech
HQ: United States
CropX, an innovative ag-analytics company, is leading farmers around the globe into the era of connected soil. Its user-friendly, cloud-based soil sensor platform delivers the soil intelligence farmers need to dramatically increase crop yield and reduce water, fertilization and energy costs.
4. Dagangan
Focus Area: Supply Chain
HQ: Indonesia
Dagangan is the trusted rural commerce platform revolutionizing access to affordable daily necessities for rural communities in Indonesia. With a mission to tap into the $131B untapped potential, Dagangan proudly serves 87% of Indonesia's population.
5. Hillridge
Focus Area(s): Agtech, Insurtech
HQ: Australia
Hillridge has built a platform to help farmers buy targeted, affordable insurance against climate extremes such as droughts, typhoons, heat stress and too much rain.
6. Lohum
Focus Area(s): Supply Chain, Sustainability
HQ: India
LOHUM powers next-gen li-ion battery mobility & energy solutions; gives batteries multiple lives through reuse technology, and makes battery materials last forever through lithium ion battery recycling.
7. SEADLING
Focus Area: Agtech
HQ: Malaysia
SEADLING utilizes innovative bio-manufacturing technology to transform sustainably farmed seaweed into the highest quality, nutrition-rich products.
8. SenseGrass
Focus Area: Agtech
HQ: United States
SenseGrass is a Soil Intelligence Platform that helps companies and farmers to reduce the excessive nitrogen and fertilizers from the soil, using a patented NPK sensor and optimize the crop data through Artificial intelligence Agronomist to grow better with low fertilizer intake to make future of food.
9. Tanalink
Focus Area: Agtech
HQ: Malaysia
Tanalink is a Malaysian Agritech firm with a mission to equip tropical plantations with innovative solutions that improve operational efficiency, minimise losses, and increase sustainability and yields.
10. Transitry
Focus Area: Sustainability
HQ: Singapore
Transitry leverages AI, satellite data, and smart devices to offer nature-based solutions for reversing climate change.
We welcome the startups in joining the Plug and Play Malaysia Accelerator Program and look forward to scaling their growth for the Malaysia innovation ecosystem! During the 12-week program, the startups will undergo curated workshops, office hours with esteemed corporate partners and have the opportunity to pitch their solutions at events such as Investors' Day and Malaysia Demo Day.
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About Plug and Play
Plug and Play is a global innovation platform. Headquartered in Silicon Valley, we have built accelerator programs, corporate innovation services, and an in-house VC to make technological advancement progress faster than ever before. Since inception in 2006, our programs have expanded worldwide to include a presence in over 30 locations globally giving startups the necessary resources to succeed in Silicon Valley and beyond. With over 30,000 startups and 400 official corporate partners, we have created the ultimate startup ecosystem in many industries. Companies in our community have raised over $9 billion in funding, with successful portfolio exits including Danger, Rappi, Dropbox, Lending Club and PayPal.
For more information, reach out to us here!
