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16 Most Established Accelerators and Incubators in Malaysia

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Looking to start a business in Malaysia?

You've come to the right place.

The accelerator and incubator ecosystem in Malaysia is continually expanding, so you'll want to keep track of them all.

To help you, we've put together an exhaustive list of 16 of the best incubators and accelerators in Malaysia.


The 16 Best Accelerators and Incubators in Malaysia

1) NEXEA Venture Capital & Angel Investors

1) NEXEA Venture Capital & Angel Investors

NEXEA is a venture financing firm and accelerator focused on early-stage businesses.

Details of the startup:

  • City: Kuala Lumpur
  • Started in: 2015
  • Founders: Ben Lim, Noomi Fessler
  • Industries: Angel Investment, Business Development, Financial Services, Information Technology, Internet, Software, Venture Capital
  • Number of investments: 37
  • Number of exits: 1

You can find their website here.

2) Alphacap Berhad

2) Alphacap Berhad

Alphacap invests in exceptional entrepreneurs with cutting-edge technology that will usher in the next era of innovation.

Details of the startup:

  • City: Puchong
  • Started in: 2016
  • Founders: Jeh Shyan Wong, Jeh Shyan Wong, Rayson Wong
  • Industries: Angel Investment, Finance, Financial Services, Impact Investing
  • Number of investments: 16

You can find their website here.

3) KERN Ventures

3) KERN Ventures

KERN Ventures is an investment organization that focuses on giving start-up firms with capital, consulting, and strategic guidance.

Details of the startup:

  • City: Kuala Lumpur
  • Started in: 2014
  • Founders: Aizat Rahim
  • Industries: Finance, Financial Services, Venture Capital

You can find their website here.

4) Malaysian Technology Development Corporation

4) Malaysian Technology Development Corporation

Malaysian Technology Development is a venture capital organization that specializes in incubation, seed, start-up, and early stage financing for businesses in Malaysia.

Details of the startup:

  • City: Kuala Lumpur
  • Started in: 1992
  • Industries: Venture Capital
  • Number of investments: 7
  • Number of exits: 1

You can find their website here.

5) LaunchPad

5) LaunchPad

LaunchPad seeks for and capitalizes on technology-related possibilities in Southeast Asia.

Details of the startup:

  • City: Selangor
  • Started in: 2015
  • Founders: ASIM QURESHI
  • Industries: E-Commerce, Mobile Apps, SaaS

You can find their website here.

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6) 1337 Ventures

6) 1337 Ventures

1337 is a technological accelerator and early-stage venture capital firm based in Malaysia that specializes on pre-seed and seed stage investments.

Details of the startup:

  • City: Kuala Lumpur
  • Started in: 2013
  • Founders: Bikesh Lakhmichand
  • Industries: Analytics, Banking, Financial Services, Venture Capital
  • Number of investments: 11

You can find their website here.

7) Corporate Accelerator

7) Corporate Accelerator

Corporate Accelerator is a Malaysian accelerator program that assists early-stage entrepreneurs in achieving significant success.

Details of the startup:

  • City: Selangor
  • Number of investments: 5

You can find their website here.

8) ScaleUp Malaysia

8) ScaleUp Malaysia

Scaleup Malaysia is a growth-stage accelerator based in Malaysia.

Details of the startup:

  • City: Kuala Lumpur
  • Started in: 2019
  • Founders: Aaron Sarma, Sivapalan Vivekarajah
  • Industries: Funding Platform, Training
  • Number of investments: 30
  • Number of exits: 1

You can find their website here.

9) Malaysian Global Innovation and Creativity Centre - MaGIC

9) Malaysian Global Innovation and Creativity Centre - MaGIC

The Malaysian Global Innovation and Creativity Centre is dedicated to helping Malaysian entrepreneurs.

Details of the startup:

  • City: Kuala Lumpur
  • Started in: 2014
  • Industries: Government, Innovation Management
  • Accelerator Duration (in weeks): 17

You can find their website here.

10) GameFounders

10) GameFounders

GameFounders is a European business incubator that gives seed funding to gaming entrepreneurs.

Details of the startup:

  • City: Kuala Lumpur
  • Started in: 2012
  • Founders: Kadri Ugand, Lauri Antalainen, Paul Bragiel, Sven Illing
  • Industries: Angel Investment, Finance, Gaming
  • Number of investments: 64
  • Number of exits: 1

You can find their website here.

11) Inovasi Venture

11) Inovasi Venture

Inovasi Venture (IV) is a venture capital firm created by women that invests in innovative, locally bred businesses.

Details of the startup:

  • City: Kuala Lumpur
  • Started in: 2020
  • Founders: Angel Low
  • Industries: Biotechnology, Health Care, Information Technology, Retail, Software
  • Number of investments: 3

You can find their website here.

12) MAD Incubator

12) MAD Incubator

MAD Incubator is a company that helps entrepreneurs start and grow their businesses.

Details of the startup:

  • City: Petaling Jaya
  • Started in: 2009
  • Founders: Andrew Wong
  • Industries: Incubators, Market Research, Marketing Automation

You can find their website here.

13) Code Army

13) Code Army

Beyond tomorrow, CodeAr.my considers the new work paradigm. By facilitating worldwide outsourcing, our platform puts the 'fun' back into 'work.'

Details of the startup:

  • City: Petaling Jaya
  • Started in: 2012
  • Founders: Zafrul Noordin
  • Industries: Outsourcing

You can find their website here.

14) FINTEC GLOBAL BHD

14) FINTEC GLOBAL BHD

Fintec Global Berhad is a business incubator specializing on investments in bioenergy-related companies and technologies.

Details of the startup:

  • City: Selangor
  • Started in: 2007
  • Industries: Incubators, Venture Capital

You can find their website here.

15) BootstrapAccelerator Asia

15) BootstrapAccelerator Asia

BootstrapAccelerator is a startup accelerator that focuses on early-stage, low-capital software firms that take use of the internet's speed.

Details of the startup:

  • City: Kuala Lumpur
  • Started in: 2013

You can find their website here.

16) StartupJohor

16) StartupJohor

StartupJohor is a rapidly expanding, hyper-local social company dedicated to fostering the startup and entrepreneurial environment in Malaysia.

Details of the startup:

  • City: Selangor

You can find their website here.

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