# Sunway iLabs

> Sunway iLabs is a VC fund backing Artificial Intelligence and Software. See 59 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Bandar, Malaysia
- Total investments: 59
- Last investment: Dec 2025
- Lead investor: 3%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/sunway-ilabs
- Website: https://innovationlabs.sunway.edu.my
- Facebook: https://www.facebook.com/SunwayiLabs

Sunway iLabs is a VC fund in Bandar focused on Artificial Intelligence and Software. Sunway Group has an innovation branch called Sunway Innovation Labs (iLabs), which serves as an ecosystem for innovators at all phases of business development. Through talent, market access, and funding, it helps businesses scale for financial success and inspires talent to design sustainable solutions for a better future.

## Contacts

5 contacts available for Sunway iLabs. Shizune tracks 2 team members at Sunway iLabs. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/sunway-ilabs?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $108k–$8.2M |
| Series A | $3.8M–$71M |
| Venture - Series Unknown | $635k–$5.7M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Artificial Intelligence | 14 | 24% |
| Software | 13 | 22% |
| Financial Services | 8 | 14% |
| Machine Learning | 7 | 12% |
| SaaS | 6 | 10% |

116 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 36 | 61% |
| Series A | 7 | 12% |
| Venture - Series Unknown | 7 | 12% |
| Series B | 4 | 7% |
| Pre-Seed | 3 | 5% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Malaysia | 21 | 36% |
| United Kingdom | 19 | 32% |
| Singapore | 8 | 14% |
| Indonesia | 3 | 5% |
| Germany | 2 | 3% |

9 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Karen Lau | Chief Operations Officer | 0 | https://shizune.co/investors/profile/karen-lau-414b |
| Matt van Leeuwen | Founder & CEO | 3 | https://shizune.co/investors/profile/matt-van-leeuwen-481d |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Halogen | Halogen is a developer of a digital platform intended to simplify digital wealth management. | $3.2M | Seed | Dec 15, 2025 |  |
| Nu Quantum | Nu Quantum is a telecommunications company that develops end-to-end quantum cryptography systems.It secures communications within and between cities through urban and satellite free-space optical links. The system helps with the realization of commercial deliverable photonic technologies by combining novel materials and semiconductor technology.This enables clients to secure the exchange of cryptographic keys for the ultra-sensitive detection of light.Yuri Andersson, Mete Atatüre, and Carmen Berraquero founded Nu Quantum in Cambridge, Cambridgeshire in 2018. | $71.1M | Series A | Dec 10, 2025 |  |
| OctaiPipe | OctaiPipe is a Federated Learning Operations (FL-Ops) architecture developed exclusively for Edge AIoT devices. It simplifies the entire lifecycle, from setup and training to smooth deployment, fine-tuning, and continuous learning. This allows data scientists to develop distributed IoT solutions that can learn and adapt at scale while lowering thecost of monitoring, maintenance, upgrades, and auditing. |  |  | Dec 04, 2025 |  |
| Graas | Graas is a provider of e-commerce solutions. | $9M | Series B | Aug 11, 2025 |  |
| Payd | Payd is a financial wellbeing platform that allows employees to receive a portion of their salary as they earn it. Via our app, employees are privy to a live view of their earnings and instantly access their earned salary as they need it. This allows them to better budget and to have the flexibility they deserve. | $400K | Seed | Feb 10, 2025 |  |
| iMotorbike | iMotorbike is the #1 motorbike online E-commerce website in South East Asia, providing a fast, secure, simple and trouble free online experience with a wide variety of product range, setting itself apart from what exists in the market. iMotorbike offers three main categories: motorbikes, parts and accessories. For a complete 360° experience,iMotorbike also enables users the access to services such as insurance and financing. At iMotorbike we always strive to offer our customers the best experience through a complete and efficient online ecosystem for motorbike users, lovers and professionals. | $10M | Series A | Jan 21, 2025 |  |
| LeapXpert | LeapXpert enables enterprises to embrace consumer messaging applications and integrate them into their business-critical applications and processes. The company's Federated Messaging Orchestration Platform (FMOP™) is an enterprise conversational solution between Employees and Clients. It empowers companies to securely communicate from acentral source while allowing customers to use the messaging app of their choice. FMOP elevates messaging to a formal business communication channel, similar to calling or emailing. It allows companies to control communications between employees, suppliers, customers, and other interested parties. It resolves the business, compliance, and regulatory challenges the rise of messaging applications’ use in business channels has created. It currently has three of the ten top global banks as customers, with tens of thousands of users. | $20M | Series B | Jan 21, 2025 |  |
| Collektr | Collektr is a live streaming community marketplace where users can buy, sell, and exchange collectible things in a secure environment. It's also a gathering place for keen collectors to discuss their common interests in a wide range of products and categories. | $1.3M | Seed | Nov 12, 2024 |  |
| Mindtech | Mindtech's Data Ops Platform is designed to massively reduce the time ML engineers spend collecting and curating training data for AI computer vision applications. The platform is highly automated with embedded functionality, leveraging AI and Mindtechs unique Configurable DNA technology, to support use cases in multiple industries' suchas Smart City (transportation, traffic, and people management) Smart Places (manufacturing, retail, construction, hospital, and office environments) and Smart Machines (robotics, automotive, marine and UAV).Mindtech's Data Ops Platform analyses the customers training data and then automates the creation of new synthetic training data including pixel accurate annotations from environments representative of the customers deployment environment. Fast, flexible, repeatable, delivering hi fidelity images Mindtech's Data Ops Platform is the ultimate solution to delivering high performance, production ready AI models for computer vision. | $5.7M | Venture - Series Unknown | Oct 16, 2024 |  |
| Protos Labs | Protos Labs is a Singapore-based cyber risk management company founded by ex-Booz Allen cyber leaders and supported by the Cybersecurity Regulator in Singapore. We enable insurers and their end-customers (i.e. enterprises) to better manage their cyber risk. Using a first-of-its-kind threat-informed approach, Protos Labs dynamically assesses thecyber resiliency of an organization. This helps insurers to accurately quantify their client’s cyber risk exposure in real-time, reduce their likelihood of breach, and pinpoint changes in a client’s risk profile over time. | $2.3M | Seed | Aug 29, 2024 |  |

10 of 59 investments shown.

## Co-investors
- [Deeptech Labs](https://shizune.co/investors/profile/deeptech-labs) — VC Fund, 10 deals together
- [Gobi Partners](https://shizune.co/investors/profile/gobi-partners) — VC Fund, 9 deals together
- [The Hive Southeast Asia](https://shizune.co/investors/profile/the-hive-southeast-asia) — VC Fund, 7 deals together
- [500 Global](https://shizune.co/investors/profile/500-startups) — VC Fund, 4 deals together
- [Orbit Malaysia](https://shizune.co/investors/profile/orbit-malaysia) — VC Fund, 4 deals together
- [University of Cambridge Enterprise](https://shizune.co/investors/profile/university-of-cambridge-enterprise) — VC Fund, 4 deals together

## Similar investors

### Similar industry
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

### Similar country
- [Gobi Partners](https://shizune.co/investors/profile/gobi-partners) — VC Fund
- [Quest Ventures](https://shizune.co/investors/profile/questventures) — VC Fund
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund

## Featured in investor lists
- [All Investors in Malaysia](https://shizune.co/investors/investors-malaysia)
- [All VC Funds in Malaysia](https://shizune.co/investors/vc-funds-malaysia)
- [Financial Services Investors in Malaysia](https://shizune.co/investors/financial-services-investors-malaysia)
- [Financial Services VC Funds in Malaysia](https://shizune.co/investors/financial-services-vc-funds-malaysia)
- [FinTech Investors in Malaysia](https://shizune.co/investors/fintech-investors-malaysia)
- [SaaS VC Funds in Malaysia](https://shizune.co/investors/saas-vc-funds-malaysia)

## FAQ

### What does Sunway iLabs invest in?

Sunway iLabs invests primarily in Artificial Intelligence, Software and Financial Services startups, most often at Seed and Series A stage. Most of the 59 investments tracked by Shizune back companies in Malaysia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Sunway iLabs's check size?

Sunway iLabs typically joins rounds of $108k–$8.2M at Seed, $3.8M–$71M at Series A and $635k–$5.7M at Venture - Series Unknown. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Sunway iLabs participates in.

### How do I contact Sunway iLabs?

Public channels for Sunway iLabs include LinkedIn, the website linked on this profile and Facebook. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Sunway iLabs?

The team at Sunway iLabs includes Karen Lau (Chief Operations Officer) and Matt van Leeuwen (Founder & CEO). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co