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The startup scene across Malaysia

Where startups are forming across Malaysia: the cities, accelerators and investors, and how you get close to them.

Region
Asia
Population
31,528,585
Currency
MYR
Fig. 1484 · Petronas Towers

The ecosystem

WIPO ranked Malaysia 34th in the 2025 Global Innovation Index, whose rankings primarily reflect data from 2023 to 2025; it also identified Malaysia as the leader in its graduates-in-science-and-engineering indicator. StartupBlink’s 2026 profile listed 1,008 startups and estimated ecosystem value at US$17 billion, while displaying Malaysia at 41st globally. These are distinct publisher measures, not a single startup-funding statistic.

Malaysia’s 2021–2030 SUPER roadmap sets a goal of reaching the top 20 global startup ecosystems by 2030 and reports consultation with 337 participants. StartupBlink’s profile displays an 18.9% growth figure but also a 0.0% widget for April 2025 to April 2026, so the page gives conflicting growth figures.

Hubs and regional differences

StartupBlink’s displayed city table ranks Kuala Lumpur 71st, George Town 361st, Johor Bahru 819th, and Kuching 1,256th. Startup Genome places Kuala Lumpur in its 31–40 global emerging-ecosystem band and 19th in Asia; its profile reports $2.8 billion in tech-startup VC funding for 2021–2025, $323 million in Seed and Series A funding for H2 2023–2025, and a $9 billion ecosystem value for that stated period.

As of . Official information. Source: Malaysia Startup Ecosystem - Rankings, Startups, and Insights; Kuala Lumpur Ecosystem Profile

Notable companies

Tech in Asia reported that iMotorbike raised US$10 million in Series A financing. This evidence establishes the financing amount but does not establish the company’s origin or current headquarters.

As of . Official information. Source: SEA motorcycle ecommerce platform nets $10m series A

Versa’s March 2025 company-hosted release reported RM30 million raised in its Series A. The reviewed claim establishes the round amount, not the company’s founding location or current headquarters.

As of . Official information. Source: Wealth Platform Versa Raises RM30 Million in Series A Funding - Versa

Capital providers

At year-end 2025, registered VC firms self-reported RM6.10244 billion in committed funds, of which RM2.38518 billion remained available for investment, across 419 investee companies. The Securities Commission’s reported 2025 VC investment mix was 51.50% bridge, mezzanine, or pre-IPO and 8.86% early-stage; successful equity crowdfunding campaigns raised RM139.34 million. These are reported industry figures, not a measure of startup equity raised in 2025.

As of . Official information. Source: Securities Commission Malaysia Annual Report 2025

Cradle Seed Ventures describes its focus as early-stage digital and technology investment. 1337 Ventures identifies a pre-seed and seed focus in Malaysia and Southeast Asia.

As of . Official information. Source: Cradle Seed Ventures – Cradle Fund – Creating • Leading • Startups; About Us | 1337 Ventures

Cradle’s MYStartup tracker reported US$50.6 million for January through May 2025, while its listed quarter figures were US$43.9 million for Q1 and US$6.7 million for Q2. The figures are reported tracker amounts for their stated periods.

As of . Official information. Source: Malaysia Startup Investment Insights – 2025 Mid-Year Review

Startup support programs

CIP SPARK is a conditional grant of up to RM150,000 for a maximum of 18 months. Its individual-team route requires at least two people, including at least one Malaysian team member and one Malaysia resident; its company route lists incorporation less than five years ago and accumulated revenue below RM3 million. The reviewed claims establish published terms, but not current application availability.

As of . Application availability not verified. Official information. Source: CIP SPARK

For founders

For early-stage financing, compare the stage emphasis of Cradle Seed Ventures and 1337 Ventures with the reported VC mix: only 8.86% of 2025 VC investment was classified as early-stage, while 51.50% was bridge, mezzanine, or pre-IPO. CIP SPARK publishes a grant ceiling and eligibility criteria, but current application availability was not established in the reviewed claims.

As of . Official information. Source: Securities Commission Malaysia Annual Report 2025; Cradle Seed Ventures – Cradle Fund – Creating • Leading • Startups; About Us | 1337 Ventures; CIP SPARK

For investors

Kuala Lumpur has the strongest quantified city-level evidence in these claims, including Startup Genome’s reported funding and ecosystem-value measures. The reported VC industry pool includes substantial funds available for investment, but the stage distribution is weighted toward bridge, mezzanine, and pre-IPO rather than early-stage deals.

As of . Official information. Source: Kuala Lumpur Ecosystem Profile; Securities Commission Malaysia Annual Report 2025

Startup ecosystem standing

Where Malaysia ranks

Rankings that list Malaysia
RankingEditionPositionSince last editionTrustWhat it measures
Doing Business (Ease of Doing Business ranking)Doing Business 2020#12Up 3BBusiness Climate
IMD World Competitiveness Ranking2026#15Up 19BCompetitiveness, Business Climate, Performance
Bloomberg Innovation Index2019#26Down 3BInnovation, Research
Global Innovation Index2025#34Down 1AInnovation, Competitiveness, Research, Talent
Global Startup Ecosystem Index (countries)2025#44No prior editionBEcosystem, Activity, Finance, Business Climate
Positions come from each publisher's edition. Open a ranking for its method and trust notes, or an edition for the full list.

181 organizations with a profile

Who's based in Malaysia

Investors 128

MRANTI logoInvestor

Empowering Malaysian Innovators for a Brighter Future

The 3 most prominent of 128. Browse all investors

Accelerators 20

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 20. Browse all accelerators

Incubators 20

Breadboard logoIncubator

Empowering youth entrepreneurship and innovation.

Vilor Berhad logoIncubator

Accelerating businesses and supporting entrepreneurs.

The 3 most prominent of 20. Browse all incubators

Venture studios 13

Ethis logoVenture studio

Building ethical fintech platforms for sustainable finance.

The 3 most prominent of 13. Browse all venture studios

Pick what describes you

Your way in

City guides

Cities in Malaysia

Questions about Malaysia

How does Malaysia rank as a startup ecosystem?

Its best position is #12 in Doing Business (Doing Business 2020). It appears in 5 published rankings; the table above lists each one.

How many startup investors are based in Malaysia?

128 investors based in Malaysia have a profile here, including Perbadanan Usahawan Nasional Berhad (PUNB), MRANTI and Bioeconomy Corporation. The real number is higher.

Are there accelerators or incubators in Malaysia?

Yes. Malaysia has 20 accelerators, 20 incubators and 13 venture studios on record, including 1337 Ventures, Breadboard and Ethis.

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