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Top 50 Hardware Startup Investors in Malaysia (August 2026)

The most active venture capital funds and angel investors investing in Malaysia Hardware startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Malaysia Hardware startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Vertex Ventures Southeast Asia & India
VC Fund
5 India, Singapore, Indonesia Series A, Series B, Seed E-Commerce, SaaS, FinTech $2.2M–$45M
Bhavik Bajaj
Angel
4 United States, Switzerland, United Kingdom Pre-Seed, Seed, Angel Software, Information Technology, SaaS $15k–$5M
Vynn Capital
VC Fund
3 Malaysia, Indonesia, Singapore Seed, Series A, Venture - Series Unknown Automotive, E-Commerce, Marketplace $350k–$4M
ZB Capital
VC Fund
3 Malaysia, China, Norway Seed, Series A Information Technology, AgTech, Drones $1M–$8.6M
Valuevest Ventures
VC Fund
3 Malaysia Seed, Series A FinTech, Financial Services, Payments
Gobi Partners
VC Fund
3 China, Malaysia, Hong Kong Series A, Seed, Series B E-Commerce, Financial Services, Internet $709k–$43M
IDT Holding
VC Fund
3 Malaysia Pre-Seed, Seed RFID, Printing, Manufacturing $250k–$1M
Cradle Seed Ventures
VC Fund
3 Malaysia, Singapore Seed, Series A, Series B Software, Enterprise Software, SaaS $498k–$5.1M
Accord Ventures
VC Fund
2 Japan, Malaysia, United States Seed, Series A Internet, Software, E-Commerce $775k–$45M
Brama One Ventures
VC Fund
2 Indonesia, Singapore, Malaysia Series A, Seed, Series B SaaS, Health Care, B2B $3M–$16M
Bas Godska
Angel
2 United States, The Netherlands, United Kingdom Pre-Seed, Seed, Angel Software, Artificial Intelligence, SaaS $85k–$2M
Ehsan Kapital
VC Fund
2 Malaysia Seed, Pre-Seed Manufacturing, Semiconductor, Innovation Management
Blockchain Founders Fund
VC Fund
2 United States, United Kingdom, Singapore Seed, Pre-Seed Blockchain, Cryptocurrency, FinTech $200k–$6M
Patamar Capital
VC Fund
2 Vietnam, Indonesia, Singapore Series A, Seed, Series B FinTech, Financial Services, E-Commerce $779k–$20M
Indelible Ventures
VC Fund
2 Malaysia, Singapore, Philippines Pre-Seed, Seed, Angel SaaS, Software, Artificial Intelligence $53k–$1.2M
Wavemaker Ventures
VC Fund
2 United States, Singapore, Philippines Seed, Series A Software, E-Commerce, Information Technology $880k–$20M
Quest Ventures
VC Fund
2 Singapore, Malaysia, Kazakhstan Seed, Pre-Seed, Series A E-Commerce, Software, Information Technology $50k–$10M
Shellys Marketing
VC Fund
2 Malaysia Seed, Series A FinTech, Retail Technology, Marketing Automation
Cyberview Living Lab Accelerator
VC Fund
2 Malaysia, China, Australia Non-Equity Assistance, Seed, Grant Information Technology, Artificial Intelligence, Software $8.4k–$100k
UpHonest Capital
VC Fund
2 United States, China, Singapore Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $500k–$24M
NFQ Capital
VC Fund
2 United States, Germany, Austria Seed, Series A, Pre-Seed E-Commerce, Travel, Tourism $1.3M–$11M
Duygu Oktem Clark
Angel
1 United States, Turkey, Malaysia Seed Food and Beverage, Artificial Intelligence, Coffee $1M–$2.6M
Fintonia Group
VC Fund
1 Singapore, Malaysia, United Kingdom Seed, Series A FinTech, Financial Services, CRM $125k–$3M
Prasetia Dwidharma
VC Fund
1 Indonesia, Singapore, United States Seed, Pre-Seed, Series A Software, Information Technology, Artificial Intelligence $100k–$15M
Helios Investment Partners
VC Fund
1 Nigeria, United States, United Kingdom Private Equity, Series A, Series B Financial Services, Energy, Banking $4M–$179M
Jason Tsai
Angel
1 Malaysia Seed B2B, SaaS, E-Commerce
Resolution Ventures
VC Fund
1 Singapore, Vietnam, Australia Seed, Series A Payments, Financial Services, SaaS $600k–$5.3M
TinkBig Venture
VC Fund
1 Singapore Seed Sales, Retail, Fashion $176k–$522k
Atami Capital
VC Fund
1 United States, United Kingdom, Germany Series A, Series B, Series C Apps, Mobile, Internet $5M–$20M
AltaIR Capital
VC Fund
1 United States, Israel, Russian Federation Seed, Series A, Pre-Seed Software, SaaS, Artificial Intelligence $150k–$20M
Calendula Ventures
VC Fund
1 Malaysia, United States Seed, Series A B2B, SaaS, Web Apps
Michael Baßler
Angel
1 United States, Malaysia Secondary Market, Series A Generative AI, Machine Learning, Information Technology $1M–$9.5B
Ondine Capital
VC Fund
1 China, Indonesia, Singapore Seed, Series A, Series B Automotive, E-Commerce, Logistics $303k–$175M
Southern Capital Group
VC Fund
1 Malaysia Seed, Pre-Seed, Series B Mobile, Software, Point of Sale
Basement Fund
VC Fund
1 United States, Canada, Malaysia Seed, Series A Software, Internet, Information Technology $2M–$38M
Kairous Capital
VC Fund
1 Malaysia, Singapore, China Series A, Seed, Angel Information Technology, Software, E-Commerce $1M–$10M
John Devor
Angel
1 Malaysia Seed B2B, SaaS, E-Commerce
Leave a Nest
VC Fund
1 Japan, Singapore, Malaysia Seed, Corporate Round Artificial Intelligence, Software, Health Care $276k–$35M
Ying Fund
VC Fund
1 United States, Canada, Malaysia Seed, Series B, Series A E-Commerce, Restaurants, FinTech
Shaun Ling
Angel
1 Malaysia Series A Retail, Home Decor, Smart Home
Wei Guo
Angel
1 United States, China, Canada Seed, Series A, Angel Software, Artificial Intelligence, Internet $200k–$19M
Headline
VC Fund
1 United States, Germany, Brazil Series A, Series B, Seed Software, E-Commerce, Information Technology $1.1M–$87M
Edith Yeung
Angel
1 United States, Malaysia, Spain Seed, Series A Software, Mobile, Information Technology $680k–$8M
Vertex Ventures
VC Fund
1 United States, China, Israel Series A, Series B, Series C Software, Information Technology, Artificial Intelligence $3M–$100M
Drone Fund
VC Fund
1 Japan, United States, Canada Seed, Series A Drones, Robotics, Aerospace $1.9M–$47M
Sterling Oak Group
VC Fund
1 France, Malaysia Series A, Venture - Series Unknown Travel, Web Apps, Insurance
MyEG Capital
VC Fund
1 China, Malaysia Series B, Series A Software, Virtual Reality, Augmented Reality $10M–$17M
Partech
VC Fund
1 United States, France, Germany Series A, Seed, Series B Software, E-Commerce, SaaS $1.1M–$55M
pitchIN
VC Fund
1 Malaysia, Singapore Seed, Pre-Seed Mobile Apps, Software, E-Commerce $50k–$1.8M
Brad Flora
Angel
1 United States, United Kingdom, Mexico Pre-Seed, Seed, Series A Software, Artificial Intelligence, SaaS $500k–$30M
Access all 116 investors in Malaysia Hardware startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Vertex Ventures Southeast Asia & India
VC Fund · Singapore, Central Region, Singapore · 5 investments in Malaysia Hardware startups

Vertex Ventures Southeast Asia and India invests in high-growth start-ups seeking their first round of institutional venture capital funding in Southeast Asia and India, with a primary focus on Singapore, India, Indonesia, Thailand and other emerging hubs of innovation across the region. It has a long and strong track record of investing in early-stage startups and building champions like Grab, Patsnap, 17Live, Nium, FirstCry, Licious, AsianParent, Validus, Warung Pintar, and others.

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Investment focus

  • Industry: E-Commerce, SaaS, FinTech
  • Stage:Series A, Series B, Seed
  • Geography: India, Singapore, Indonesia

Investor stats

  • Total investments: 139
  • Round size: Seed $2.2M–$6.9M; Series A $3.5M–$14M; Series B $6.7M–$45M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • IVF Access — IVF Access is a healthcare company which is setting up clinics in India providing in vitro fertilisation (IVF) treatments.
  • Warung Pintar — KAKI4D bukan cuma menyediakan link alternatif sebagai formalitas. Mereka menjadikannya bagian dari keunggulan utama platform. Setiap link alternatif yang disiapkan bukan asal jadi melainkan dibangun dengan standar teknis yang sama persis dengan link utama.
  • Quantified Energy Labs — Quantified Energy Labs (QE LABS) is a deep tech spinoff company from the Solar Energy Research Institute of Singapore/National University of Singapore. We are a team of professionals with expertise in the fields of solar energy, computer vision, and drone technology.
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Bhavik Bajaj
Angel · 4 investments in Malaysia Hardware startups

Bhavik Bajaj

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Pre-Seed, Seed, Angel
  • Geography: United States, Switzerland, United Kingdom

Investor stats

  • Total investments: 77
  • Round size: Seed $100k–$5M; Angel $15k–$1.6M; Pre-Seed $46k–$1.4M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • Asepha — Asepha is an AI clinical decision support (CDS) tool to help healthcare professionals make faster clinical decisions.
  • ORA Technologies — E-Commerce, Super App
  • THIRUMALS PAPER ARIZONA PVT. LTD. — TRADING PLATFORM OF PULP , PAPER & PACKAGING
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Vynn Capital
VC Fund · Kuala Lumpur, Kuala Lumpur, Malaysia · 3 investments in Malaysia Hardware startups

Vynn invests in entrepreneurs with strong operational involvement and capability to maintain a well-cultured team. Key industries for us are Travel, Property, Food & FMCG and Female Economics. We also focus on industry enablers such as logistics fulfilment and fintech in enhancing industry efficiencies.

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Investment focus

  • Industry: Automotive, E-Commerce, Marketplace
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Malaysia, Indonesia, Singapore

Investor stats

  • Total investments: 18
  • Round size: Seed $350k–$4M; Series A $3M–$4M
  • Lead/follow: 67% lead, 33% follow
  • Last fund: May invest from a new fund soon — raised $40M in 2019

Portfolio highlights

  • Etaily — Etaily provides e-commerce and retail solutions in the Philippines, enabling brands with end-to-end services, from store management to fulfillment.
  • ServAuto — Book trusted car maintenance and upgrades in minutes. ServAuto connects you with verified workshops, genuine parts, and transparent pricing.
  • Blitz Electric Mobility — Blitz provides electric vehicles and fleet management software to food and beverage delivery, courier, and logistics companies.
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ZB Capital
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 3 investments in Malaysia Hardware startups

Over the years, ZB capital has been working with numerous regional entrepreneurs, family offices, industrial investors, business operators, as well as professional parties to co-invest in growth-stage companies and businesses. Our portfolio companies are from all around the globe including China, Taiwan, Southeast Asia, North America, and Israel.They cover a broad range of industries including fintech, cloud computing, IoT, advanced manufacturing, and consumer goods. Our primary objective is to focus on both the new demand created by the applications of the latest technologies, and the potential improvement in efficiency in traditional industries through technological upgrades.Our founding and execution teams, along with our advisory committee, come from a diversified background and have rich experiences in handling cross-broader transactions. We maintain the greatest level of flexibility in dealing with the local business culture and regulations, and we are always very thoughtful on connecting the resources from different regions in order to create the best synergies as well as business opportunities.We usually look at the fundamentals of the business and its market potential when evaluating any investment opportunities. At the same time, we apply a stringent internal process during the due diligence stage to validate the business itself. For post-investment management, we spend a lot of resources to follow up with the development plan of each business so that we are aware of the latest status of each portfolio company in order to protect our capital.

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Investment focus

  • Industry: Information Technology, AgTech, Drones
  • Stage:Seed, Series A
  • Geography: Malaysia, China, Norway

Investor stats

  • Total investments: 13
  • Round size: Seed $1.1M–$8.6M; Series A $1M–$5.2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Botsync — Botsync builds autonomous mobile robots to automate and digitize movement of goods from point to point for the logistics and manufacturing industry. Our robots can carry payloads from 500 kg to 1 tonne and are designed to operate in dynamic environments. Botsync's AMRs can be implemented at new facilities in minimal time with very minimalchanges to the existing infrastructure. With our technology, we hope to pioneer and push for larger scale adoptions of robotic automation in Asia's logistics and manufacturing industry.
  • Vechnology Sdn Bhd — Discover Vechnology's smart vending machine solutions in Malaysia, designed for modern businesses seeking efficient, user-friendly, and versatile vending options.
  • eKomoditi Solutions Indonesia — We are leading plantation management system provider especially software application for oil palm, rubber sugar, and durian plantations in Southeast Asia region
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Valuevest Ventures
VC Fund · Kuala Lumpur, Kuala Lumpur, Malaysia · 3 investments in Malaysia Hardware startups

Valuevest Venture investment company offers venture capital, fundraising, investment, funding, and capital investment in Kuala Lumpur, Malaysia. Start your investment journey today and achieve your financial goals with confidence.

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Investment focus

  • Industry: FinTech, Financial Services, Payments
  • Stage:Seed, Series A
  • Geography: Malaysia

Investor stats

  • Total investments: 11
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Payong — PayongCare is a financial health startup that enables affordable access to healthcare through flexible “care now, pay later” payment solutions. It partners with medical providers to help patients manage treatment costs by spreading payments over time, improving access to essential care without immediate financial burden.
  • Yoje Group — Yoje Group is the parent company of Almost Human Club, creating spaces centered on human connection, coffee culture, and shared experiences.
  • Ayam Selesa — Ayam Selesa develops ready-to-eat meals focused on convenience, backed by research to meet modern lifestyle needs and everyday occasions.
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Gobi Partners
VC Fund · Kuala Lumpur, Kuala Lumpur, Malaysia · 3 investments in Malaysia Hardware startups

Gobi Partners is an Asia-focused VC backing early to growth stage startups. US$1.6B AUM, 400+ companies, 75 exits. Strategic guidance, founder network available.

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Investment focus

  • Industry: E-Commerce, Financial Services, Internet
  • Stage:Series A, Seed, Series B
  • Geography: China, Malaysia, Hong Kong

Investor stats

  • Total investments: 381
  • Round size: Seed $709k–$8M; Series A $1.7M–$20M; Series B $5M–$43M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: Likely still investing — raised $1.3B in 2023

Portfolio highlights

  • Hermo — A beauty collection with the best deals. Official Flagship Store partner : Yadah, Bonanza, Redergen, SkinBasic Group, Bliv and etc
  • Camera360 — Camera360 is a professional but easy-to use App for photo editing and selfie retouching. Tag #camera360
  • GoWork — GoWork is Jakarta's leading premium coworking and office space rental with the mission to provide companies with dynamic workspaces of hybrid arrangements and satellite locations.
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IDT Holding
VC Fund · Ras Al Khaimah, Ras Al Khaimah, United Arab Emirates · 3 investments in Malaysia Hardware startups

IDT Holding is a Private Capital Tech Foundry accelerating innovation in IoT, RFID & Physical Security. We invest in deep-tech ventures, providing capital + hands-on expertise to scale globally. With 25+ years in Cybersecurity & Access Control, we turn visionary ideas into market-ready solutions from the UAE & Singapore.

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Investment focus

  • Industry: RFID, Printing, Manufacturing
  • Stage:Pre-Seed, Seed
  • Geography: Malaysia

Investor stats

  • Total investments: 4
  • Round size: Seed $500k–$1M; Pre-Seed $250k–$250k
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • RFID Paper — RFID Paper - ready-to-print material with embedded NFC chips. Enhance your product portfolio with interactive products and boost your profits.
  • Stone Devices — Rock Solid Access Solution
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Cradle Seed Ventures
VC Fund · Kuala Lumpur, Kuala Lumpur, Malaysia · 3 investments in Malaysia Hardware startups

Cradle Seed Ventures (CSV) is the venture capital arm of Malaysia’s premier early stage financier and influencer, Cradle Fund Sdn Bhd.CSV manages an early stage venture fund based out of Malaysia and is always on the lookout for start-ups with high growth potential, led by passionate founders with high levels of enthusiasm.CSV is delightedto be part of this new dawn of excitement in the start-up world, both in Malaysia and globally.CSV mandated investments will be in the technology sector with specific focus on selected verticals. CSV has the added strength of being able to leverage on Cradle’s long experience in supporting early stage start-ups, understanding the funding and operational needs of a start-up and also be a supportive partner when they scale in the Malaysian market and to foreign shores.

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Investment focus

  • Industry: Software, Enterprise Software, SaaS
  • Stage:Seed, Series A, Series B
  • Geography: Malaysia, Singapore

Investor stats

  • Total investments: 13
  • Round size: Seed $498k–$2.7M; Series A $4.5M–$5.1M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • SUPA — Supahands is the leading end-to-end data labelling partner for AI/ML companies. Find out more and set up a POC within 48 hours by speaking to us today!
  • MoneyMatch — 121+ countries, 42+ currencies. Bank transfers, e-wallets or cash pickups. Seamless, low-cost and transparent international money transfers for everyone.
  • Involve Asia Technologies — Involve is the leading affiliate marketing platform for partners and advertisers to grow their online revenue worldwide. Join our affiliate network now!
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Accord Ventures
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Malaysia Hardware startups

Accord Ventures is a venture capital firm that believes in and supports the potential of Asian entrepreneurs. It has invested in more than 50 startups in Japan, the United States, Taiwan, and Southeast Asia, and new technologies that bring new value to society, such as IoT, AI, and fintech, with a focus on platform businesses that utilize ITtechnology. And new services are supported.

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Investment focus

  • Industry: Internet, Software, E-Commerce
  • Stage:Seed, Series A
  • Geography: Japan, Malaysia, United States

Investor stats

  • Total investments: 45
  • Round size: Seed $775k–$21M; Series A $3M–$45M
  • Lead/follow: 4% lead, 96% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Opt Fit — Opt Fit is a fitness industry that provides fitness, wellness and health-care services.
  • Yondemy — Yondemy is an online platform for children reading books.
  • Thinkfree — Deploy a self-hosted productivity suite inside your own infrastructure. Thinkfree offers on-premise online office, private cloud storage, and LLM-integrated document workflows for enterprise and SaaS platforms.
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Brama One Ventures
VC Fund · Surabaya, Jawa Timur, Indonesia · 2 investments in Malaysia Hardware startups

Brama One Ventures (BOV) is a family office investing across a variety of industries from Seed Stage and beyond.Founded in 2019, Brama One Ventures aim to give value to the start-up ecosystem through their expertise and experience. Brama One Ventures takes an open-arm approach to founders and ventures, as the principal involves directly in theinvestment process.

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Investment focus

  • Industry: SaaS, Health Care, B2B
  • Stage:Series A, Seed, Series B
  • Geography: Indonesia, Singapore, Malaysia

Investor stats

  • Total investments: 8
  • Round size: Series A $3M–$16M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Populix — Earn reward through participating in surveys Join as participants and help brands, companies, and institutions you love to know what the market wants and needs. Anyone can join. Start earning now!
  • ALVA — Presenting ALVA, we are creating a range of game-changing electric vehicle that combine thrill, power and style with eco-friendliness, smart savings and a better future
  • Nalagenetics — Nalagenetics is a health-tech company that provides genetic testing. In 2016, the company collaborated with the Indonesian health ministry to distribute 1,000 genetic test kits in five villages in Papua and West Papua. The company's tests revealed that 20% of leprosy patients in the area carry the gene responsible for potentially fatalreactions to Dapsone, an anti-leprosy medication; this discovery assisted doctors in determining which patients could be safely treated with the antibiotic.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Bas Godska
Angel · Amsterdam, Noord-Holland, The Netherlands · 2 investments in Malaysia Hardware startups

Founder Acrobator Ventures, Tech Investment Fund. Founder Acrobator.com, growth hack and marketing advisory firm. Co-Founder Netherlands for Ukraine Foundation (NL4UA.org) supporting Ukrainians affected by the war since 2022. Digital Dutchman, entrepreneur-turned-investor. eCommerce expert, growth hacker and marketeer since 2000. Assisted 100+companies worldwide as CMO, MD, board advisor, consultant. Ranked #1 Foreign Angel Investor in Russia (EWDN); Top 10 Angel Investor (Firrma.ru/SLON), Crunchbase: #1 Dutch (2019) & Top 50 EU angel investor. Techcrunch / Crunchbase: "Bas Godska is one of the most prolific Western investors in Eastern Europe." Bas' Angel Fund (>EUR 100mn AUM) ranked by PitchBook as #2 in success by IRR (2021). Top 50 SuperAngel worldwide (Arete Index, 2024-25)Roles Europe/Russia/CIS (2003-2019): CMO lastminute.com ; Country Manager Sportingbet ; CMO Europe Ebookers.com / Orbitz.com ; MD Gogol Media. CMO / dep. CEO Ozon.ru ; VP Marketing Gloria Jeans ; CMO Lamoda.ru (Rocket Internet) ; CMO Digital KupiVIP.ru ; eCommerce Director a.i. Enter | Svyaznoi ; MD myThings.com ; Guest Lecturer Digital Marketing at Skolkovo MSM MBA (2013), Guest lecturer Stanford IGC Exec MBAAngel investor in decacorn Miro, Harver (exit to Rubicon PE), Chocofamily, Piano. Bas' angel investments (~50) have helped founders raise over $1 billion from investors like Iconiq, Accel, Insight, Salesforce, Google, YC, and Techstars. The combined market cap of these companies, based on their latest funding rounds, is ~$20 billion. As a VC/LP Bas invested in 400+ companies including 20+ unicorns.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Pre-Seed, Seed, Angel
  • Geography: United States, The Netherlands, United Kingdom

Investor stats

  • Total investments: 54
  • Round size: Seed $300k–$2M; Angel $90k–$110k; Pre-Seed $85k–$2M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • Helio AI — Automated AI-powered recruiting platform with ATS and gamified personality test. Reduce daily workload by 60% and hire top talents in a few clicks.
  • Crosscheck — Crosscheck's AI agents automate document workflows and ensure 100% requirement-to-evidence traceability across your supply chain, backed by vetted auditors and industry-leading Certification Bodies.
  • JobHire.AI — JobHire.AI for job search. Your AI Career Assistant that helps you land an interview 10 times faster, match with top employers, and boost your career growth.
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Ehsan Kapital
VC Fund · 2 investments in Malaysia Hardware startups

Ehsan Kapital is an investment firm.

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Investment focus

  • Industry: Manufacturing, Semiconductor, Innovation Management
  • Stage:Seed, Pre-Seed
  • Geography: Malaysia

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • GreatAsic — GreatAsic, we specialize in delivering next-generation System-on-Chip (SoC) solutions that empower innovation and performance across industries.
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Blockchain Founders Fund
VC Fund · Singapore, Central Region, Singapore · 2 investments in Malaysia Hardware startups

We Focus Exclusively On Adding Value To Blockchain & Emerging Technology Projects With Real World Applications.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, FinTech
  • Stage:Seed, Pre-Seed
  • Geography: United States, United Kingdom, Singapore

Investor stats

  • Total investments: 263
  • Round size: Seed $550k–$6M; Pre-Seed $200k–$2.5M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: Likely still investing — raised $75M in 2022

Portfolio highlights

  • Rilla — Demonstrating 90% reduction in cost-to-serve for live-streaming, Rilla is rewiring the content economy, directing the value generated back to creators and their communities.By leveraging audience bandwidth and rewarding them with ownership in the network, the savings are equivalent to a free month subscription every year for a moderate level ofviewership.Founded by the technical founders behind Altered State Machine, acquired for 214m. Together for 5+ ventures, collectively raising 130m+ and valued at 1b+.
  • Osmo — Osmo is a payment company that helps people to send and receive money immediately.
  • Uniblock — Uniblock helps connect developers with Web3 using our APIs and services. Our developers use Uniblock because of how easy it is to integrate into exciting applications. Try it for free today!
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Patamar Capital
VC Fund · Singapore, Central Region, Singapore · 2 investments in Malaysia Hardware startups

Patamar Capital is Southeast Asia's leading impact-driven venture capital firm. Founded in 2011, Patamar invests in early-stage companies building sector-defining platforms that maximize positive impact and financial returns.

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Investment focus

  • Industry: FinTech, Financial Services, E-Commerce
  • Stage:Series A, Seed, Series B
  • Geography: Vietnam, Indonesia, Singapore

Investor stats

  • Total investments: 48
  • Round size: Seed $2.4M–$5M; Series A $779k–$15M; Series B $1.1M–$20M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Sayurbox — Sayurbox memanen dan mengantarkan Sayuran dan Buah Organik Segar tanpa pestisida dari petani lokal secara online. Mulai dari kacang panjang, buncis, tomat, caisim, dll.
  • Kim An Group — Kim An Group operates as a fintech platform that bridges the gap between institutional funding and micro, small & medium businesses (MSME).
  • Lhoopa — Making homeownership achievable for every Filipino family.
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Indelible Ventures
VC Fund · Kuala Lumpur, Kuala Lumpur, Malaysia · 2 investments in Malaysia Hardware startups

Seed stage venture capital fund focused on Southeast Asia. We partner with exceptional founders to build transformative companies across the region.

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Investment focus

  • Industry: SaaS, Software, Artificial Intelligence
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Malaysia, Singapore, Philippines

Investor stats

  • Total investments: 35
  • Round size: Seed $53k–$1.2M; Pre-Seed $60k–$70k
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • BetterClinic — AI solutions to 10X clinician workflows & fight practitioner burnout through an AI-powered scribe that listens, drafts, and files clinical notes instantly.
  • Quotable AI — Shoppable Philippines B2B Marketplace
  • Shoppable Business - Next Gen B2B Marketplace — Shoppable Business is a trusted, hassle-free B2B eCommerce marketplace for buying and selling 100% authentic branded products and services in the Philippines.
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Wavemaker Ventures
VC Fund · Singapore, Central Region, Singapore · 2 investments in Malaysia Hardware startups

Wavemaker Group is a cross-border venture capital firm founded in 2003 and one of the most active early-stage investors across multiple funds.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Seed, Series A
  • Geography: United States, Singapore, Philippines

Investor stats

  • Total investments: 353
  • Round size: Seed $880k–$5M; Series A $3M–$20M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely still investing — raised $136M in 2022

Portfolio highlights

  • uHoo — uHoo monitors and manages your indoor environment to help you create healthier, safer and more comfortable homes and workplaces.
  • RateIt — An omni-channel CX platform that captures, interprets & analyses customer feedback in ways that makes it easy to see the right moves to make.
  • Shikho — Shikho is a Bangladeshi education technology company on a mission to revolutionise the way Bangladesh learns today and democratise access to a high quality education. It is building a hyper-localised digital learning ecosystem designed specifically for the Bangladeshi national curriculum to serve a growing total addressable market of ~42 millionstudents. "Shikho - The Learning App" is available on the Google Play Store.
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Quest Ventures
VC Fund · Singapore, Central Region, Singapore · 2 investments in Malaysia Hardware startups

Quest Ventures is a top venture capital firm in Asia. For entrepreneurs: venture capital. For enterprises: applied innovation. For ecosystems: accelerate.

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Investment focus

  • Industry: E-Commerce, Software, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Singapore, Malaysia, Kazakhstan

Investor stats

  • Total investments: 154
  • Round size: Seed $50k–$2.5M; Pre-Seed $50k–$62k; Series A $1.8M–$10M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: Likely still investing — raised $7.5M in 2021

Portfolio highlights

  • AidMi — AidMi is an AI clinical assistant that works inside behavioral health EHRs to automate clinical workflows, documentation, billing.
  • CoFab — AI-powered quoting automation agent for high-end manufacturing industries
  • NodeFlair — NodeFlair aims to help tech talents make better career decisions through jobs, salaries, reviews, company insights, and more
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Shellys Marketing
VC Fund · Shah Alam, Selangor, Malaysia · 2 investments in Malaysia Hardware startups

Find Comfortable, Trendy, and Affordable shoes at one of the most comprehensive shoes collections in Malaysia

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Investment focus

  • Industry: FinTech, Retail Technology, Marketing Automation
  • Stage:Seed, Series A
  • Geography: Malaysia

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Incite Innovations — Your Comprehensive Retail Scaling Solution
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Cyberview Living Lab Accelerator
VC Fund · 2 investments in Malaysia Hardware startups

Overview Living Lab Talent Living Lab Accelerator Living Lab Pilot Living Lab Enterprise

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Investment focus

  • Industry: Information Technology, Artificial Intelligence, Software
  • Stage:Non-Equity Assistance, Seed, Grant
  • Geography: Malaysia, China, Australia

Investor stats

  • Total investments: 34
  • Round size: Seed $8.4k–$53k; Non-Equity Assistance $22k–$100k
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Airlytic — Airlytic's cutting-edge aerial imaging technologies transform industrial workflows. Our proficiency is evident in drone mapping, airborne inspections, and creative solutions that raise the bar for the sector
  • NexoPrima — Integrated clinical systems and diagnostic intelligence for the next generation of patient care.
  • Wiser Machines — Compare WiserMachine XRF gold analyzers for pawnshops, jewelry stores and refineries. Non-destructive gold, silver, platinum and alloy testing.
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UpHonest Capital
VC Fund · San Francisco, California, United States · 2 investments in Malaysia Hardware startups

UpHonest Capital is a sector agnostic early-stage VC based in Silicon Valley. We invest in Seed, Pre-A, and Series A stages and many of our portfolio companies go on to receive later-stage investments from Sequoia, Accel, a16z, and others. We have invested in over 400 portfolio companies including Checkr, Boom, Astranis, Rippling, Turing, etc. We have an overseas vision and an active innovative ecosystem, which integrates a high-quality entrepreneur community, innovation events, media & communication coverage, and entrepreneurship education.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, China, Singapore

Investor stats

  • Total investments: 266
  • Round size: Seed $700k–$10M; Pre-Seed $500k–$7M; Series A $3.8M–$24M
  • Lead/follow: 4% lead, 96% follow
  • Last fund: Likely still investing — raised $43k in 2023

Portfolio highlights

  • Pnoe — Breath is the ultimate compass of peak performance and longer life. Find your fitness superpower by unlocking your breath.
  • Court Buddy — Court Buddy instantly matches consumers with solo attorneys based on budget.Winner of the 2017 American Bar Association’s Legal Access Award, President Obama and Shark Tank's Daymond John's American Entrepreneurship Award, and named the “Priceline For Legal Services” by the Huffington Post, Court Buddy is a legal tech platform thatinstantly matches people with vetted solo attorneys based on the client’s budget for a-la-carte legal services at flat rates.Once matched, clients can instant message, video chat or call their attorney matches using the ‘CourtBuddy Chat’ app, and instantly make secured payments to attorneys for the legal services through ‘CB Direct Pay’.
  • Viosera Therapeutics — Viosera Therapeutics is a predict and block drug resistance in cancer and bacteria. The company discovers synergies between approved drugs and develop combinations of drugs that suppress resistance. Antibiotic resistance makes it necessary to develop better treatments for deadly infections.Viosera Therapeutics was founded in July 2016 and isheadquartered in Sunnyvale, California.
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NFQ Capital
VC Fund · Munich, Bayern, Germany · 2 investments in Malaysia Hardware startups

NFQ accelerates the success of entrepreneurs with a current team of 250 specialists delivering company-building services.

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Investment focus

  • Industry: E-Commerce, Travel, Tourism
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Germany, Austria

Investor stats

  • Total investments: 16
  • Round size: Seed $1.3M–$6M; Series A $2.4M–$11M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Raus — Raus is a hospitality-tech startup that offers new opportunities to take a break from big city life. Raus serves as a welcome escape from the seemingly endless demands and constant stimuli of modern life with perfectly simple cabins, close enough for a spontaneous getaway, far enough away to completely unwind.
  • Productpine — Discover, experience, and buy emerging brands and products from all over the world, at Productpine. Shop online through a personalized journey and be inspired!
  • The Naked Market — The Naked Market is a next-generation consumer products company that is creating a portfolio of food & beverage brands.
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Duygu Oktem Clark
Angel · San Francisco, California, United States · 1 investments in Malaysia Hardware startups

Duygu Oktem Clark is the Co-Founder of Turkish Collective. Duygu Oktem Clark attended MIT Sloan School of Management and Middle East Technical University.

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Investment focus

  • Industry: Food and Beverage, Artificial Intelligence, Coffee
  • Stage:Seed
  • Geography: United States, Turkey, Malaysia

Investor stats

  • Total investments: 5
  • Round size: Seed $1M–$2.6M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Seed — Seed is simply a better way to bank. As a mobile first banking service designed with the small business in mind, Seed empowers small businesses with modern, easy-to-use digital tools and customer-support resources for starting, running, and growing a business. With Seed, business banking has never been easier.
  • Cloosiv — Cloosiv is an ordering platform that allows users to order in advance from their favorite coffee shop, skip the queue, and get rewards from the platform to save time and money.
  • Pop Meals — Expect exciting, locally trending meals at an affordable price! Now with dine-in, pickup and delivery .
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Fintonia Group
VC Fund · Singapore, Central Region, Singapore · 1 investments in Malaysia Hardware startups

Fintonia Group is an entrepreneurial financial services firm, providing merchant banking, funds management and wealth management solutions to institutional clients and entrepreneurs.

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Investment focus

  • Industry: FinTech, Financial Services, CRM
  • Stage:Seed, Series A
  • Geography: Singapore, Malaysia, United Kingdom

Investor stats

  • Total investments: 5
  • Round size: Seed $125k–$3M
  • Lead/follow: 80% lead, 20% follow

Portfolio highlights

  • Credolab — An alternative credit scoring solution based on alternative data (smartphone and web metadata)
  • StoreHub — StoreHub is an all-in-one POS system that helps future-proof F&B, retail, service and enterprise businesses in Malaysia. Manage and grow your business, anytime, anywhere.
  • AsiaKredit — AsiaKredit (asiakredit.com) provides a ground-breaking fast and convenient consumer loan product through a mobile app to Southeast Asia’s half a billion unbanked. AsiaKredit impacts the lives of millions, fostering financial inclusion, improving standards of living, and ultimately driving the society forward. AsiaKredit’s diverse, experienced,and proven management team is the market-leading advocate for Responsible Lending, including strictly adhering to a Code of Ethics. Headquartered in Singapore, AsiaKredit currently operates in the Philippines, with plans to enter other Southeast Asian markets. AsiaKredit was seeded and developed by FORUM, the largest fintech venture builder in Emerging Asia, and Fintonia Group, the leading early-stage fintech investor in Southeast Asia.
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Prasetia Dwidharma
VC Fund · Jakarta Pusat, Jakarta Raya, Indonesia · 1 investments in Malaysia Hardware startups

PT Prasetia Dwidharma was founded in 2008 as a telecommunication infrastructure contractor. The company has started to invest in technology startups since 2013.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Indonesia, Singapore, United States

Investor stats

  • Total investments: 56
  • Round size: Seed $500k–$3.3M; Pre-Seed $100k–$1.5M; Series A $3M–$15M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • Dataform — Develop and operationalize scalable data transformations pipelines in BigQuery using SQL.
  • TouchTen — Touchten is a mobile game company founded in 2009.We produce games that have been downloaded by millions of users worldwide. We are the only game company in Indonesia that have reached top 10 iOS market on several occasions. We have developed over ten titles since our establishment in 2009. In the last ten games that we publish, 50% penetratedthe top 10 app rank and 70% made it in the top 50 app Overall category in iTunes U.S.. This goes to show our lean core team of 14 has what it takes to make a big splash in the global market.
  • Litimetrics — Propellerhead Hosting offers fast and reliable e-commere web hosting solutions backed by powerful servers, advanced security features, and expert level support. Launch your website with confidence today.
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Helios Investment Partners
VC Fund · London, England, United Kingdom · 1 investments in Malaysia Hardware startups

Bridging international capital and know-how with African talent and enterprise since 2004, Helios Investment Partners manages funds totalling c. $3 billion.

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Investment focus

  • Industry: Financial Services, Energy, Banking
  • Stage:Private Equity, Series A, Series B
  • Geography: Nigeria, United States, United Kingdom

Investor stats

  • Total investments: 55
  • Round size: Series A $4M–$39M; Series B $22M–$65M; Private Equity $45M–$179M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • HPVideo — HPVideo.io is a decentralized AI video generation platform on BNB Chain. Convert text-to-video using top-tier AI models with 10x faster rendering and 90% lower costs via DePIN architecture.
  • SeamlessHR — Africa's Leading HR & Payroll Software - Empowering African Businesses for Productivity and Profitability Through Technology.
  • SolarAfrica — Our integrated solutions are designed to reduce electricity costs, provide energy security and improve the carbon footprint of your business.
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Jason Tsai
Angel · 1 investments in Malaysia Hardware startups

Jason Tsai is a Machine Learning Lead/Consultant, Angel Investor

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Investment focus

  • Industry: B2B, SaaS, E-Commerce
  • Stage:Seed
  • Geography: Malaysia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Borong — Dropee is a SaaS-enabled marketplace that connects local independent retailers with brands in South East Asia via an ordering app. The marketplace's unique value proposition makes it easier for businesses both big and small to manage their procurement and supply chain ecosystem. It allows businesses to get connected in order to buy and sell inbulk and the enterprise solution allows businesses to streamline their operational processes to work more efficiently and effectively.Dropeee’s platform connects suppliers with small-to-medium enterprise (SME) business owners in real-time to streamline the product fulfillment process and facilitate bulk purchases through a suite of enterprise solutions. The supply-chain in Malaysia and across Southeast Asia lacks meaningful real-time connectivity between suppliers and retailers. The modern, digital approach to the wholesale industry allows retailers to discover, purchase, and manage inventories for their store all on a single marketplace platform.
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Resolution Ventures
VC Fund · Singapore, Central Region, Singapore · 1 investments in Malaysia Hardware startups

The investment team at Resolution Ventures have a background in professional fund management and a track record of backing exceptional founders in the early stages of their journey.

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Investment focus

  • Industry: Payments, Financial Services, SaaS
  • Stage:Seed, Series A
  • Geography: Singapore, Vietnam, Australia

Investor stats

  • Total investments: 13
  • Round size: Seed $600k–$3.3M; Series A $3M–$5.3M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: Likely still investing — raised $20M in 2022

Portfolio highlights

  • TaskHer — TaskHer connects you with reliable tradeswomen for all your home service needs. Trust TaskHer for quality, equality, and excellence in trades. Get tasks done right with TaskHer.
  • Primary — The orchestration layer on top of your existing finance stack. Every bank, entity & currency. Trusted by leading growth companies. Built for the ones going global.
  • International Payments Identity(IPiD) — iPiD provides a single global API for real-time payee validation, reducing fraud and ensuring seamless payments across borders. Discover our KYP solutions today.
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TinkBig Venture
VC Fund · Kuala Lumpur, Kuala Lumpur, Malaysia · 1 investments in Malaysia Hardware startups

TinkBig Venture is an innovative tech venture capital that is focusing on equity investment in technopreneur. We partner early. We are comfortable with the rough imperfection of a new venture. We help founders from day zero, when the DNA of their business first take shape. Our team partners both with young companies finding their stride andestablished ones looking for step function growth. We help organization become enduring businesses“ We empower technopreneur with Smart Capital “

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Investment focus

  • Industry: Sales, Retail, Fashion
  • Stage:Seed
  • Geography: Singapore

Investor stats

  • Total investments: 3
  • Round size: Seed $176k–$522k
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Hapz — Hapz is an experience booking platform that aggregates information on a host of arts and entertainment events. The platform also offers tickets for concerts, festivals, sports matches, and tourist attractions, and curates these according to its users’ preferences. It also provides event organizers with real-time insights on demographics, pricingdata and how they compare to other events.Hapz’s offering is the data on pricing trends, demographics, user preferences, and competitor performance that it can provide. It also helps event organizers to pursue more targeted marketing efforts. The platform enables users to discover and book diverse Singapore experiences in a single place at the best available price.Hapz was founded in 2016 and is based in Singapore.
  • Refash — REFASH has transformed what it means to buy and sell secondhand fashion with a vision to inspire a new generation of consumers to think secondhand first. Shop the largest thrift store brand in Singapore with thousands of like-new high-quality styles from your favourite brands at up to 70% OFF retail.
  • TAG La Technology Sdn. Bhd — TAG La, a Malaysian-based IoT company most notable for selling bluetooth tracking devices that help people find their misplaced items.TAG La has the right formula — “Simple as it may sound, it addresses the everyday need of the masses, which is tracking their most important items such wallets and keys. Their product roadmap also explores otherfeatures that I’m excited about. And most important, they really believe in the two founders, Edison and Max. Their grit, intuition and hard work are simply impressive.”
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Atami Capital
VC Fund · Douglas, NA - Isle of Man, Isle of Man · 1 investments in Malaysia Hardware startups

Atami Capital is a privately-backed venture fund that acquires minority interests, working closely with existing management teams to create sustainable long-term value.

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Investment focus

  • Industry: Apps, Mobile, Internet
  • Stage:Series A, Series B, Series C
  • Geography: United States, United Kingdom, Germany

Investor stats

  • Total investments: 7
  • Round size: Series A $5M–$11M; Series B $8.5M–$20M
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • Pop Meals — Expect exciting, locally trending meals at an affordable price! Now with dine-in, pickup and delivery .
  • 90 Seconds — Shoot high quality video anywhere in the world with 90 Seconds.
  • Coffee Meets Bagel — The dating app for serious daters
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AltaIR Capital
VC Fund · San Francisco, California, United States · 1 investments in Malaysia Hardware startups, 11 in the past 12 months

We foster innovation and work together to find and grow breakthroughs all over the world

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Investment focus

  • Industry: Software, SaaS, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Israel, Russian Federation

Investor stats

  • Total investments: 228
  • Round size: Seed $150k–$7.2M; Pre-Seed $250k–$1.7M; Series A $1.6M–$20M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • Pluvo — Financial forecasts calling for dry, complicated spreadsheets? Reclaim your time - no broken formulas, no duplication, no problems. Pluvo centralizes your data for dynamic scenario planning and unlimited forecasting!
  • Noodle Tomato — earn on youtube with ai
  • Plurio — Full-Funnel Dashboards
with Advanced Attribution Built Just for You
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Calendula Ventures
VC Fund · 1 investments in Malaysia Hardware startups

Calendula Ventures is an investment vehicle backed by angel investors and family offices. We do deal-by-deal investments into early stage companies worldwide.

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Investment focus

  • Industry: B2B, SaaS, Web Apps
  • Stage:Seed, Series A
  • Geography: Malaysia, United States

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Beam — Building AI-native orgs, automating Finance and HR. Trusted by Fortune 500s & Startups.
  • Respond.io — Respond.io is a business messaging platform that connects contacts from Email, Whatsapp, Social Media, Website widget in one place.
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Michael Baßler
Angel · Cologne, Nordrhein-Westfalen, Germany · 1 investments in Malaysia Hardware startups

Michael Baßler is a Serial Entrepreneur & Investor from Germany.

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Investment focus

  • Industry: Generative AI, Machine Learning, Information Technology
  • Stage:Secondary Market, Series A
  • Geography: United States, Malaysia

Investor stats

  • Total investments: 4
  • Round size: Secondary Market $1M–$9.5B
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • xAI — XAI is an AI company that develops a platform to accelerate human scientific discovery. The company primarily focuses on developing advanced AI systems that are truthful, competent, and maximally beneficial for all of humanity. Its mission is to understand the true nature of the universe.
  • OpenAI — Introducing Sora: Creating video from text
  • SpaceX — SpaceX designs, manufactures and launches advanced rockets and spacecraft.
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Ondine Capital
VC Fund · Shanghai, Shanghai, China · 1 investments in Malaysia Hardware startups

Ondine Capital engages in venture capital type investment activities in Southeast Asia, focusing on startups with consumer technology, in the fields of retail, education, logistic, or general TMT.

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Investment focus

  • Industry: Automotive, E-Commerce, Logistics
  • Stage:Seed, Series A, Series B
  • Geography: China, Indonesia, Singapore

Investor stats

  • Total investments: 39
  • Round size: Seed $303k–$14M; Series A $2.6M–$70M; Series B $15M–$175M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: Likely still investing — raised $50M in 2023

Portfolio highlights

  • Love, Bonito — Love, Bonito is the best and largest vertically integrated, omni-channel women’s fashion brand in the region. Founded in 2010, she has grown to 150 people strong, proudly headquartered in Singapore with country offices in Indonesia, Malaysia, and Hong Kong and an omni-channel presence across these 4 markets, plus an international e-commerce sitethat ships globally.Love, Bonito is redefining what retail means - thoughtful, experiential, community-driven - with sights set on becoming the most thoughtful brand globally, for the everyday woman.
  • Zero One Auto — Zero One Auto is a new energy-efficient heavy-duty truck developer company.Zero One Auto creates new energy-efficient heavy-duty vehicles with advanced autonomous driving characteristics. The first batch of products is separated into two models, with an emphasis on the new energy heavy-duty truck short-distance freight market.
  • Squirrel Power — Squirrel Power is an emerging Chinese electric vehicle brand that is rapidly gaining attention for its innovative designs, sustainable technologies, and commitment to making electric mobility more accessible to a wider range of consumers.
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Southern Capital Group
VC Fund · Singapore, Central Region, Singapore · 1 investments in Malaysia Hardware startups

Southern Capital has a successful track record of acquiring and growing middle market businesses with enterprise values of between US$20 million to $200 million. We specialise in leveraged buyouts of businesses that play to Asia's strength - a large and fast growing domestic consumer market and its competitive edge as a major manufacturing andservices hub. Southern Capital operates from 2 offices across Asia - Singapore and Kuala Lumpur (Malaysia).

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Investment focus

  • Industry: Mobile, Software, Point of Sale
  • Stage:Seed, Pre-Seed, Series B
  • Geography: Malaysia

Investor stats

  • Total investments: 3
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Nvsion — NVSION is a deep-tech AI company based in Bayan Lepas, Penang, Malaysia, specializing in AI Vision Solutions aimed at enhancing manufacturing quality assurance. They develop advanced artificial intelligence-powered automated optical inspection (AOI) systems that help manufacturers improve product quality and operational efficiency. By leveragingcutting-edge AI technologies, NVSION provides innovative vision inspection solutions tailored to meet the rigorous demands of modern manufacturing processes, enabling higher throughput and reduced defects in production lines. Their focus is on delivering impactful AI-driven inspection capabilities to support quality control in various industrial sectors.
  • FusionAP — FusionAP is a semiconductor business that focuses on outsourced assembly and test packaging.
  • Soft Space — From its inception in Kuala Lumpur, Malaysia in 2012, Soft Space has grown to become the leading mobile Point of Sales (mPOS) provider in the South East Asia region, present in 13 banks across Malaysia, Indonesia, Thailand, Singapore, Vietnam, the Philippines, Australia and New Zealand.The Soft Space centralised Mobile Point-­‐of-­‐Salespayment platform aims to revolutionise the payment industry by enabling anyone to accept card based payments. It is certified EMV Level 2, the first in Asia to achieve this, and is also certified by MasterCard and Visa; a testament to its security, credibility and is recognised globally.Soft Space has won multiple awards including the Red Herring Top 100 Asia 2014, Merit Winner of the WITSA’s Global ICT Excellence Awards, APICTA’s Best Financial Application Award 2013, APICTA’s Best Start Up 2013, and AICTA’s award for the Best Start Up in the ASEAN region.
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Basement Fund
VC Fund · New York, New York, United States · 1 investments in Malaysia Hardware startups

We are an early-stage venture fund investing in startups at the convergence of modern-day culture and technology.

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Investment focus

  • Industry: Software, Internet, Information Technology
  • Stage:Seed, Series A
  • Geography: United States, Canada, Malaysia

Investor stats

  • Total investments: 32
  • Round size: Seed $2M–$6M; Series A $14M–$38M
  • Lead/follow: 0% lead, 100% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Punchlist — Punchlist is an annotation layer over your websites, PDFs & design projects. Collaborate faster with point-and-click comments in our web app.
  • Levels — Improve metabolic health with CGM, comprehensive labs, and a personalized plan.
  • Iggy — Improve your business with location data.
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Kairous Capital
VC Fund · Kuala Lumpur, Kuala Lumpur, Malaysia · 1 investments in Malaysia Hardware startups

Kairous Capital is a cross-border venture capital firm focusing on China and Southeast Asia with offices in Kuala Lumpur, Shanghai and Hong Kong

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Investment focus

  • Industry: Information Technology, Software, E-Commerce
  • Stage:Series A, Seed, Angel
  • Geography: Malaysia, Singapore, China

Investor stats

  • Total investments: 22
  • Round size: Seed $1M–$5M; Series A $1M–$10M
  • Lead/follow: 73% lead, 27% follow

Portfolio highlights

  • Mglobal — Mglobal is a cross-border medical device service provider.
  • MantaYaY — MantaYaY is a TikTok marketing creative network with a focus on digital content and game influencers.
  • Aonic (Formerly Poladrone) — Founded by a team of engineers, Aonic (Formerly Poladrone) is an all-in-one drone solutions provider for enterprises that are looking to modernise and streamline their operations workflow. A staple in the commercial drone industry, Poladrone is rapidly expanding beyond the skies and later rebranded into what we are today – Aonic, demonstrating ourcommitment to our clients to provide them with a holistic ecosystem beyond our core drone capabilities.
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John Devor
Angel · San Francisco, California, United States · 1 investments in Malaysia Hardware startups

John Devor - COO @ Touchpoint Games

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Investment focus

  • Industry: B2B, SaaS, E-Commerce
  • Stage:Seed
  • Geography: Malaysia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Borong — Dropee is a SaaS-enabled marketplace that connects local independent retailers with brands in South East Asia via an ordering app. The marketplace's unique value proposition makes it easier for businesses both big and small to manage their procurement and supply chain ecosystem. It allows businesses to get connected in order to buy and sell inbulk and the enterprise solution allows businesses to streamline their operational processes to work more efficiently and effectively.Dropeee’s platform connects suppliers with small-to-medium enterprise (SME) business owners in real-time to streamline the product fulfillment process and facilitate bulk purchases through a suite of enterprise solutions. The supply-chain in Malaysia and across Southeast Asia lacks meaningful real-time connectivity between suppliers and retailers. The modern, digital approach to the wholesale industry allows retailers to discover, purchase, and manage inventories for their store all on a single marketplace platform.
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Leave a Nest
VC Fund · Shinjuku, Yamanashi, Japan · 1 investments in Malaysia Hardware startups

Leave a Nest thrives to achieve global happiness by enhancing everyday life through science and education for future generation.

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Investment focus

  • Industry: Artificial Intelligence, Software, Health Care
  • Stage:Seed, Corporate Round
  • Geography: Japan, Singapore, Malaysia

Investor stats

  • Total investments: 39
  • Round size: Seed $276k–$14M; Corporate Round $7.1M–$35M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • MUU — Welcome to Muu!! We develop animal-free dairy products that taste just like dairy from cows.
  • Tenchijin — Tenchijin is optimiz human civilization using space big data.
  • Terra Labo — Terra Labo conducts research and development on long-range unmanned aerial vehicles.
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Ying Fund
VC Fund · Los Angeles, California, United States · 1 investments in Malaysia Hardware startups

Founded in 2019, Ying Fund is a global venture capital and accelerator with a mission to finance and boost creative early-stage startups.We provide the tools needed to quickly scale and achieve series A round with the correct model, go to market strategy, and the right team.We are enthusiastic about consumer,entertainment, health and retailcompanies. To these partnerships we bring adaptable capital, deep domain knowledge, access to transformative industry connections and strategic and operational skill to our investments.

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Investment focus

  • Industry: E-Commerce, Restaurants, FinTech
  • Stage:Seed, Series B, Series A
  • Geography: United States, Canada, Malaysia

Investor stats

  • Total investments: 19
  • Lead/follow: no public data

Portfolio highlights

  • Jiko — Jiko is a financial technology company that offers a new way to store and move money, designed to create a fluid and rewarding banking experience for all. In September of 2020, Jiko became the first Fintech to acquire a national bank, in addition to being a licensed broker dealer. Prior to that accomplishment, Jiko spent 4 years developing afull-stack technology infrastructure that merges payment rails with real-time, 24/7 principal trading capabilities. This innovative combination is the backbone for Jiko’s transparent and rewarding model, which doesn’t use deposited funds for it's own investment purposes. Instead, customer’s funds are transparently invested in U.S. government-backed Treasury Bills (T-Bills), enabling cutting edge features such as virtual cards, tokenized bank account numbers, automated investments in T-Bills, and cashback on debit purchases. This model is made available to individuals through a mobile banking app, and to business partners through it's API platform. Jiko is a creative and hard-working team with cross-functional expertise in technology, trading, payment, and creative fields. The team is headquartered in Berkeley, California, with offices in New York City and Reykjavik, Iceland. Since its inception in 2016, Jiko has raised over $50M from trusted investors such as Upfront Ventures, Wafra Inc., Radicle Impact, NYCA Partners, and Anthem Ventures among others.
  • Kula Bio — Kula Bio specializes in sustainable, biological solutions for modern agriculture. It energizes nitrogen-fixing microbes to produce organic fertilizer. By rewiring the energy flow from the sun to soil, they are disrupting synthetic fertilizer to eliminate the division between affordable practices and stewardship of our land, sea, and air.Thecompany was founded in 2018 and is headquartered in Somerville, Massachusetts.
  • Tripalink — Explore modern apartments and rooms for rent in major cities on Tripalink. Specializing in coliving and student housing, we offer premium home rental options.
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Shaun Ling
Angel · 1 investments in Malaysia Hardware startups

Investment focus

  • Industry: Retail, Home Decor, Smart Home
  • Stage:Series A
  • Geography: Malaysia

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • AmpQuartz Cabinet — AmpQuartz is a 5-star rated custom cabinet maker & brand based in Johor, renowned for its expertise in creating high-quality cabinets and countertops for homeowners. We craft custom cabinets from solid plywood and aluminum, perfect for kitchens, wardrobes, TV units, and display cabinets. With over 2000 cabinets built for families across Johor,we take pride in our exceptional craftsmanship and dedication to 100% customer satisfaction.
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Wei Guo
Angel · San Francisco, California, United States · 1 investments in Malaysia Hardware startups

Wei Guo, the founding partner of UpHonest Capital, is an active angel investor in Silicon Valley, focusing on early-stage cross-sector investments. He founded Wei Fund in 2015 and UpHonest Capital Fund I in 2016, invested in well-known companies such as Hims&Hers(NYSE: HIMS), Vicarious Surgical(NYSE: RBOT), Knightscope (NASDAQ: KSCP), Checkr,Lime, Boom, Rescale, Dialpad and more. Since 2015, he has invested in over 400 Silicon Valley startups, over 76 companies with valuations greater than 100 million USD, and 23 portfolio companies that have successfully exited.

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Investment focus

  • Industry: Software, Artificial Intelligence, Internet
  • Stage:Seed, Series A, Angel
  • Geography: United States, China, Canada

Investor stats

  • Total investments: 155
  • Round size: Seed $200k–$4.3M; Angel $375k–$10M; Series A $7M–$19M
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • tbh — tbh is a developer of a mobile application designed to provide anonymous feedback to friends. The company's mobile application facilitates asking or answering questions, open text fields and invite abuse when combined with anonymity, enabling users to say things without repercussions and feel better about themselves from the positive feedbackon social networks.
  • Golden — Golden is a developer of a self-constructing knowledge database used to accelerate discovery and education. The company uses and leverages human effort by using machine intelligence to make the process of gathering and communicating knowledge simpler.It combines a powerful search across several entities with fine-grain alerts to stay on top ofchanges, and semi-automatic research assistance for gaps in knowledge that enable people in organizations to stay current, understand and leverage the latest trends in their industry.
  • Crossing — Crossing Media is a live broadcast e-commerce service company that builds awareness, engagement, and sales through live-stream shopping.
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Headline
VC Fund · San Francisco, California, United States · 1 investments in Malaysia Hardware startups

Headline is a Venture Capital firm actively on the ground in 7 cities around the world. We invest across categories and geographies, leading rounds at every stage. Once we commit to a team, we go to the ends of the earth to make their success global.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Series A, Series B, Seed
  • Geography: United States, Germany, Brazil

Investor stats

  • Total investments: 501
  • Round size: Seed $1.1M–$12M; Series A $4.4M–$30M; Series B $7.7M–$87M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Cameo — Cameo is a marketplace where fans can book personalized video shoutouts from their favorite people.Cameo's mission is to create the most personalized and authentic fan experiences in the world. We're a marketplace where users can book personalized video shoutouts from their favorite people. We currently partner with thousands of talentacross all verticals. Cameo’s offices are in 1871 and we are proud to be part of Chicago’s thriving technology and startup community.
  • Getta — We partnered with danisauto.com, to give you the best car buying experience.
  • Fonoa — Manage your sales tax, VAT, and GST obligations seamlessly through our API, globally. For internet businesses around the world, we make taxes simple, automated, borderless, and accessible via our API.
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Edith Yeung
Angel · San Francisco, California, United States · 1 investments in Malaysia Hardware startups

Edith is a venture capitalist, technology executive, and creator of the China Internet Report, and Silicon News.Edith is a General Partner at Race Capital - an early-stage Silicon Valley venture capital fund. A few sectors we are particularly interested in are infrastructure, fintech, and deep tech verticals. She has invested in over 50 startupsincluding Agora.io (Nasdaq: API), Lightyear/Stellar (valued at $1.2B), Silk Labs (acquired by Apple), Chirp (acquired by Apple), Fleksy (acquired by Pinterest), Human (acquired by Mapbox), Solana, Oasis Labs, Hooked, DayDayCook, AISense, and many more.Prior to Race Capital, Edith was a partner at 500 Startups, the world's most active early-stage fund and incubator invested in Twilio, Credit Karma, Grab, and 2000 more companies. Before 500, Edith was the general manager at Dolphin Browser, a Sequoia-backed mobile browser with over 150 million installs worldwide. Edith also worked with many Fortune 500 companies such as Siebel, AMS, AT&T Wireless, and Autodesk.She frequently speaks on China and Silicon Valley technology and the investment landscape. She is also a frequent guest lecturer at Berkeley and Stanford and a commentator on BBC, CNBC, Wall Street Journal, Bloomberg, SCMP, Techcrunch, etc.Edith attended Harvard Business School, Stanford University, the University of California, Berkeley, and Purdue University.

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Investment focus

  • Industry: Software, Mobile, Information Technology
  • Stage:Seed, Series A
  • Geography: United States, Malaysia, Spain

Investor stats

  • Total investments: 51
  • Round size: Seed $680k–$8M; Series A $1M–$7M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Serum — Serum is the world's first completely on-chain cryptocurrency ecosystem with trustless trading brought to you by Project Serum, in collaboration with a consortium of crypto trading and DeFi experts. Built on Solana, Serum is fast and efficient. While we built the Serum protocol, it is permission less – we do not hold special power anymore. Itis up to you, the crypto community, to use it as you will.
  • OhmniLabs — OhmniLabs is reinventing traditional robotics development and redefining telepresence for healthcare, education, senior care and work. Along with game changing solutions for Developers, Enterprise and RaaS. Learn more about how you can use robotics for your business.
  • Telepathic — Telepathic is redefining storytelling for the Snapchat generation. They believe there is a billion-dollar opportunity in bringing "lean" principles to the development and distribution of mass-market fiction, and in presenting stories as a mobile-first experience. Their first product is HOOKED, a “twitter for fiction” mobile app thatmakes reading addictive for teens. Their longterm vision is to release stories across multiple channels, including apps, video and virtual reality.The founders are Prerna Gupta and Parag Chordia, veterans from the mobile app world. They previously built music apps, like AutoRap, that have helped over 150MM people experience the joy of music creation. They've also produced several viral videos totaling over 300MM views. You can read more about the journey that led us to founding a storytelling startup in this piece they wrote for Vogue.
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Vertex Ventures
VC Fund · Palo Alto, California, United States · 1 investments in Malaysia Hardware startups

Vertex Ventures US is an early stage VC that backs fearless founders building a smarter digital economy through B2B software.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Series A, Series B, Series C
  • Geography: United States, China, Israel

Investor stats

  • Total investments: 444
  • Round size: Series A $3M–$35M; Series B $6M–$48M; Series C $9.3M–$100M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Hotelogix — Best Hotel Management Software: Hotelogix that streamlines Front Desk, Bookings, & Reporting in a single cloud hotel software trusted by 25,000+ hotels globally.
  • Flutura — Accenture discusses how to maximize business potential with Accenture's Industrial Intelligence Suite. Read more.
  • Ace Turtle Omni Pvt Ltd — We help retail businesses in India, Singapore & Malaysia convert multichannel sales & marketing strategies to omnichannel on marketplaces & own websites
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Drone Fund
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Malaysia Hardware startups

Drone Fund is a venture capital firm that provides supports in IP strategy, innovative planning, and drone policy. It offers capital investment and financing and aims to create a Drone Ecosystem where LPs and startups can benefit from membership within the Drone Fund.

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Investment focus

  • Industry: Drones, Robotics, Aerospace
  • Stage:Seed, Series A
  • Geography: Japan, United States, Canada

Investor stats

  • Total investments: 76
  • Round size: Seed $1.9M–$18M; Series A $2M–$47M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: May invest from a new fund soon — raised $1.5B in 2020

Portfolio highlights

  • Triorb — The corporate website of TriOrb Inc., revolutionizing production lines with our ball-driven omnidirectional mobility platform.
  • FullDepth — FullDepth is a company that creates marine drones to aid with underwater monitoring. The company's drones work in tandem with marine navigation technology, which monitors and captures aquatic life, communicates data to connected devices, and provides infiltration information that can be freely used with a cloud service, allowing customers towitness and study marine life for educational and recreational purposes.FullDepth is a company that creates marine drones to aid with underwater monitoring. The company's drones work in tandem with marine navigation technology, which monitors and captures aquatic life, communicates data to connected devices, and provides infiltration information that can be freely used with a cloud service, allowing customers to witness and study marine life for educational and recreational purposes.
  • Sunflower Labs — Fully autonomous AI-powered drone security with thermal imaging and real-time threat detection for commercial, industrial, and residential properties.
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Sterling Oak Group
VC Fund · 1 investments in Malaysia Hardware startups

Sterling Oak Group is an investment company.

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Investment focus

  • Industry: Travel, Web Apps, Insurance
  • Stage:Series A, Venture - Series Unknown
  • Geography: France, Malaysia

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Koala — Travel insurance as it should be. No exclusions. No proofs. No forms. Offer the insurance your customers deserve!
  • Respond.io — Respond.io is a business messaging platform that connects contacts from Email, Whatsapp, Social Media, Website widget in one place.
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MyEG Capital
VC Fund · Petaling Jaya, Selangor, Malaysia · 1 investments in Malaysia Hardware startups

MyEG Capital is an investment holding company which makes strategic investments in startups and IT companies via its venture investment operations. Its goals include empowering local entrepreneurs and supporting the domestic technology industry. The company has backed entrepreneurs in various industries, across the value chain, and at variousstages of the company life-cycle.MYEG Capital actively scouts for brilliant individuals and teams to support. If you have an interesting project or just want to say hi, get in touch with us by using the contact form below.MYEG Capital is a wholly owned subsidiary of MY E.G Services Berhad (MYEG), a MSC-status company listed on the Main Market of Bursa Malaysia Securities Berhad. MYEG is a Malaysia's e-Government services provider with principal activities comprising the development and implementation of e-Government services and the provision of the other related services for the e-Government services projects.

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Investment focus

  • Industry: Software, Virtual Reality, Augmented Reality
  • Stage:Series B, Series A
  • Geography: China, Malaysia

Investor stats

  • Total investments: 6
  • Round size: Series B $10M–$17M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • HiScene — HiScene focuses on researching and developing core technologies and products for augmented reality. The company is committed to be an artificial intelligence company which provides the most natural human-computer interaction and explores the deepest data value.
  • Ximmerse — Ximmerse offers a range of mobile visual computing and inertial tracking research solutions for AR/VR devices. The company’s solutions include a cross-platform optical tracking system based around a high FOV stereo camera; and a suite of controller peripherals.Ximmerse was launched by Mike Bailey in December 2014 and is based in Guangdong,China.
  • DeepScience — DeepScience is an extended reality content technology company providing AI digital human-driven engines and technical art platforms.
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Partech
VC Fund · Paris, Ile-de-France, France · 1 investments in Malaysia Hardware startups

Partech is a global venture capital firm with offices in San Francisco, Paris, Berlin and Dakar. Partech invests in Internet and information technology startups at seed, venture and growth stages.

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Investment focus

  • Industry: Software, E-Commerce, SaaS
  • Stage:Series A, Seed, Series B
  • Geography: United States, France, Germany

Investor stats

  • Total investments: 559
  • Round size: Seed $1.1M–$10M; Series A $4.2M–$28M; Series B $9M–$55M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Prysm Systems — An interactive video wall is a powerful digital display option that sees your message. touch screen display designed for application commercial grade retail.
  • EcoVadis — Ratings platform to assess corporate social responsibility and sustainable procurement. Solutions include risk monitoring, audit management and sustainability ratings.
  • Brevo — Brevo is a developer of a cloud-based digital marketing platform used to meet the demand of businesses to engage with customers. Its platform encompasses the entire chain, from the creation of a newsletter to analysis and reporting tools to targeting modules that enable businesses, eCommerce sellers, and agencies to build customer relationshipsthrough digital marketing campaigns, transactional messaging, and marketing automation.Unlike other marketing solutions built for enterprise-level budgets and expertise, Sendinblue tailors its all-in-one suite to suit the marketing needs of growing SMBs in tough markets.The company was founded in 2012 and is headquartered in Paris, France.
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pitchIN
VC Fund · Kuala Lumpur, Kuala Lumpur, Malaysia · 1 investments in Malaysia Hardware startups

Your one stop crowdfunding platform

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Investment focus

  • Industry: Mobile Apps, Software, E-Commerce
  • Stage:Seed, Pre-Seed
  • Geography: Malaysia, Singapore

Investor stats

  • Total investments: 9
  • Round size: Seed $306k–$1.8M; Pre-Seed $50k–$350k
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Lokein — Lokein is a Malaysia secure marketplace - Buy and sell preloved, vintage, second hand and bundle items.
  • WHIP Mobility — Disruptive SAAS platform in automotive retail
  • Igotopia Sdn Bhd — Gecko Digital is a Digital Marketing & Virtual Tours agency. We are the biggest provider of Hotel Virtual Tours and 360 VR in Asia.
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Brad Flora
Angel · San Francisco, California, United States · 1 investments in Malaysia Hardware startups

Brad Flora is a Visiting Partner at Y Combinator. He is a former Co-Founder and CEO of Perfect Audience. Mr. Flora received a BA from Princeton University in English and an MS in Journalism from Northwestern.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Pre-Seed, Seed, Series A
  • Geography: United States, United Kingdom, Mexico

Investor stats

  • Total investments: 223
  • Round size: Seed $500k–$4.4M; Pre-Seed $500k–$500k; Series A $1M–$30M
  • Lead/follow: 51% lead, 49% follow

Portfolio highlights

  • SWAP — Swap empowers companies to transform their financial operation with an innovative approach, technology, and business model. SWAP’s APIs offer clients end-to-end, white-label, financial solutions. Connected to them, its clients are able to develop complete financial ecosystems including pre-paid cards, digital wallets, financial services and furthermonetize their platform while expanding their core experience. It removes barriers and generates new business lines for companies, effectively creating internal fintech.
  • Truewind — Using AI to power bookkeeping & finance means less errors, more transparency, and faster monthly close
  • Ellipsis — Ellipsist is a virtual teammate that turns every engineer into a 10x engineer. After installing into the GitHub repository, developers assign work to the bot, such as creating pull requests, conducting code reviews, and addressing peer feedback.
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Hardware Investor funding in Malaysia at a glance

Stats across 115 deals from 116 investors.

116
investors
in Malaysia Hardware startups
115
deals
in Malaysia Hardware startups
$803k
median round
in Malaysia Hardware startups
47%
lead investors
lead at least one round
27%
Seed
most common funding stage
93/7
VC / Angel
share of investor count

Access all 116 investors in Malaysia Hardware startups.

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