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The startup scene in Malaysia

Kuala Lumpur is the focus of the KL20 initiative. ISEAS’s 2026 analysis lists KL20’s target sectors as energy and green technology, manufacturing and automation, agricultural technology, and Islamic finance. (Claim 27626)

Country
Malaysia
Population
1,453,975
Time zone
Asia/Kuala_Lumpur
Fig. 1112 · Sultan Abdul Samad Building

About

Kuala Lumpur is the focus of the KL20 initiative. ISEAS’s 2026 analysis lists KL20’s target sectors as energy and green technology, manufacturing and automation, agricultural technology, and Islamic finance. (Claim 27626)

ISEAS describes Cradle as Malaysia’s focal agency for startup development and MYStartup as a 2021 single-window platform connecting ecosystem participants and government initiatives. Its analysis also reports a shortage of later-stage capital in Malaysia and says some successful companies have gone abroad for funding. (Claims 27624 and 27625)

StoreHub’s September 21, 2022 announcement describes a cloud point-of-sale software business founded in 2013 by Wai Hong Fong and Congyu Li, serving retail and food businesses in Southeast Asia. The company announced a US$13.5 million pre-Series B led by 500 Global and reported US$1.6 billion in gross transaction value over the preceding 12 months. (Claims 27632 and 27633)

Cradle describes CIP SPARK as a conditional grant for technology ventures and publishes an application route; its page does not state a dated current intake window. (Claim 27627)

This month

On in Kuala Lumpur this month

21 startup events in the next 30 days, 5 this week, 17 free. The city as a calendar, with the hosts and venues that keep it full.

All events in Kuala Lumpur

Tuesday, Nov 3

How to get people to pay for your app: a fireside chat ft. Stripe & Kelas Sekejap

Fireside Chat · Brendan Beh · 500 Global, Southeast Asia
Free

Wednesday, Nov 4

Codex Community Workshop - Kuala Lumpur

Workshop · Brendan Beh · The Arch Galeries
Free

Build Global, Buatan Malaysia Demo Day

Demo day · Marianne · The Arch Galeries
Free

Thursday, Nov 5

AI Community Run & Walk @AICB

Ashvin · AICB Centre of Excellence
Free
Regular hostsBrendan Beh · 9Ashvin · 4KindsConferences · 1Demo days · 1Workshops · 1

Startup ecosystem standing

Where Kuala Lumpur ranks

Rankings that list Kuala Lumpur
RankingEditionPositionSince last editionTrustWhat it measures
Global Financial Centres IndexGFCI 40#39Up 3BFinance, Competitiveness, Business Climate
Global Startup Ecosystem Index (cities)2025#73No prior editionBEcosystem, Activity, Finance, Business Climate
Global Innovation Index: Innovation Cluster Ranking (formerly Science and Technology Clusters)2026#90Down 4BInnovation, Research, Activity
Emerging Ecosystems Ranking (GSER Top 100)202631 to 40No prior editionCEcosystem, Performance, Finance, Talent
Positions come from each publisher's edition. Open a ranking for its method and trust notes, or an edition for the full list.

118 organizations with a profile

Who's based in Kuala Lumpur

Investors 93

MRANTI logoInvestor

Empowering Malaysian Innovators for a Brighter Future

The 3 most prominent of 93. Browse all investors

Accelerators 12

1337 Ventures logoAccelerator

1337 Ventures is a Malaysian venture capital firm based in Kuala Lumpur, focusing on early-stage startups across various sectors. It operates an…

The 3 most prominent of 12. Browse all accelerators

Venture studios 7

Ethis logoVenture studio

Building ethical fintech platforms for sustainable finance.

The 3 most prominent of 7. Browse all venture studios

Incubators 6

Breadboard logoIncubator

Empowering youth entrepreneurship and innovation.

Unifirm logoIncubator

Turning college founders into startup leaders.

The 3 most prominent of 6. Browse all incubators

Pick what describes you

Your way in

From public sources

What the sources say about Kuala Lumpur

Questions about Kuala Lumpur

How does Kuala Lumpur rank as a startup ecosystem?

Kuala Lumpur is #73 of 1,473 in StartupBlink Index (cities) (2025). It appears in 4 published rankings; the table above lists each one.

How many startup investors are based in Kuala Lumpur?

93 investors based in Kuala Lumpur have a profile here, including Perbadanan Usahawan Nasional Berhad (PUNB), MRANTI and Gobi Partners. The real number is higher.

Are there accelerators or incubators in Kuala Lumpur?

Yes. Kuala Lumpur has 12 accelerators, 6 incubators and 7 venture studios on record, including 1337 Ventures, Breadboard and Ethis.

Geographic proximity

Nearby cities to Kuala Lumpur

All cities in Malaysia

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