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Top 8 Accelerators and Incubators in Kuala Lumpur in 2024

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If you are looking to start your business in Kuala Lumpur, it is never a bad idea to join an accelerator or incubator.

These organizations are designed to help startup businesses by providing them with office space, advice and access to potential partners, investors, and customers.

In this article, we have collected the 8 most popular accelerators and incubators from Kuala Lumpur.


The 8 Best Accelerators and Incubators in Kuala Lumpur

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2,189 Accelerators & Incubators

Information about the industries, countries, and cities they generally invest in.

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Complete Unicorns List
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1,016 Unicorns

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1,190 Unicorns

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FinTech Investors
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250 FinTech Investors

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BioTech & Health Investors
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250 BioTech & Health Investors

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AI Investors
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250 AI Investors

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1) GameFounders

GameFounders

GameFounders helps teams or companies with at least two people and launched games, demos, or "slices" from anywhere in the world grow faster.

Details of the startup:

  • Started in: 2012
  • Founders: Kadri Ugand, Lauri Antalainen, Paul Bragiel, Sven Illing
  • Industries: Gaming
  • Number of investments: 64
  • Number of exits: 1

You can find their website here.

2) NEXEA Venture Capital & Angel Investors

NEXEA Venture Capital & Angel Investors

Nexea Angels is a network of angel investors and venture capitalists in Southeast Asia. Its main goal is to help startups and angel investors.

Details of the startup:

  • Started in: 2015
  • Founders: Ben Lim, Noomi Fessler
  • Industries: Technology
  • Number of investments: 37
  • Number of exits: 1

You can find their website here.

3) ScaleUp Malaysia

ScaleUp Malaysia

Scaleup Malaysia is a business accelerator for Malaysian businesses that want to grow and expand.

Details of the startup:

  • Started in: 2019
  • Founders: Aaron Sarma, Sivapalan Vivekarajah
  • Industries: Technology
  • Number of investments: 30
  • Number of exits: 1

You can find their website here.

4) 1337 Ventures

1337 Ventures

1337 Ventures puts money into new businesses that help the Malaysian economy.

Details of the startup:

  • Started in: 2013
  • Founders: Bikesh Lakhmichand
  • Industries: Industry Agnostic
  • Number of investments: 11

You can find their website here.

5) Malaysian Technology Development Corporation

Malaysian Technology Development Corporation

Malaysian Technology Development Corporation helps build world-class technology companies in Malaysia through its integrated services and strategic investments. 

Details of the startup:

  • Started in: 1992
  • Industries: Industry Agnostic
  • Number of investments: 07
  • Number of exits: 1

You can find their website here.

6) Inovasi Venture

Inovasi Venture

Inovasi Venture (IV) is a venture capital firm started by women that invests in local companies with big ideas.

Details of the startup:

  • Started in: 2020
  • Founders: Angel Low
  • Industries: Industry Agnostic
  • Number of investments: 03

You can find their website here.

7) Malaysian Global Innovation and Creativity Centre - MaGIC

Malaysian Global Innovation and Creativity Centre - MaGIC

The Malaysian Research Accelerator for Technology and Innovation (MRANTI) speeds up the development of technology innovations from ideas to impact.

Details of the startup:

  • Started in: 2014
  • Industries: Biotech, AgTech, Green Tech
  • Accelerator Duration (in weeks): 17

You can find their website here.

8) BootstrapAccelerator Asia

BootstrapAccelerator Asia

BootstrapAccelerator is an accelerator that focuses on early-stage, capital-efficient software firms that harness the speed of the internet.

Details of the startup:

  • Started in: 2013
  • Industries: AI, Future of Work, Mobility, Health, Financial Infrastructure, Digital Infrastructure, Climate, Energy

You can find their website here.

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