VentureTECH is an investment company established in 2009 by the Government of Malaysia, operating under the Ministry of Economic Affairs. Based in Cyberjaya, Malaysia, the company aims to foster the participation of local enterprises in high value-added and high technology industries, which are crucial for advancing the nation towards a sustainable high-income economy. VentureTECH focuses on growth capital investments in various sectors, including pharmaceuticals, biotechnology, medical devices, renewable energy, clean technology, sustainable agriculture, and automation. By targeting these key areas, VentureTECH supports the development of Malaysia's industry 4.0 ecosystem, promoting innovation and technological advancement within the country.
MTC OREC works on the development of diverse energy systems. It provides strategic solutions for sustainable energy demands that allow clients to use their energy-generating potentials for internal consumption or sale to the grid while lowering reliance on traditional fuels.
Bateriku
Series B in 2024
'Azarol Faizi is the Founder & CEO of Bateriku Group of Companies, Malaysia’s leading Vehicle Ownership Experience Service Provider' Azarol Faizi is a Malaysian entrepreneur and the Founder and CEO for Bateriku Group of Companies – a Vehicle Ownership Experience platform that provides breakdown and maintenance solutions directly to vehicle owners via technology and gig economy. Today, there are 3 companies under Bateriku Group of Companies namely Bateriku (M) Sdn. Bhd., Akademi Bateriku Sdn. Bhd. and BPlaz (M) Sdn. Bhd. Azarol previously founded Astra Manufacturing, a battery manufacturing factory that primarily supplies automotive and industrial batteries to OEM and REM companies such as Proton, Perodua, Mitsubishi, Petronas and Telekom. Azarol’s vision was to ultimately make it easy and seamless for vehicle owners to receive solutions and support to anything and everything that is related to their vehicle. He wanted to create a sustainable ecosystem of automotive product and service providers that prioritize awesome customer experience, every time, all the time. Inspired by the tech disruption created by MyTaxi and Uber in Malaysia, Azarol saw the gap in the market for battery replacement for vehicle owners. In 2014, he pivoted his 7-person team to establish Bateriku.com – an online platform that enable vehicle owners to find on-demand solution to that dreadful #battkong experience via its well trained and equipped crowdsourced technicians or BHero. In 2015, Bateriku.com started to build a network of Dealers under the ‘BPreneur’ Program to establish its unique selling proposition of Nationwide Warranty Assistance. The BPreneur program has enabled the opening of more than 150 Bateriku retail outlets or Pitstops nationwide including in Sabah and Sarawak. In 2017, Bateriku launched its Bateriku Customer App for a seamless after-sales customer experience that complements existing touchpoints of 24/7 hotline number, web booking, whatsapp and social media enquiries. In 2019, the group expanded its on-demand battery solution by offering full-fledged Roadside Assistance to vehicle owners under BPlaz. The solutions offered include towing, tyre replacement, fuel top-up and car lock-out services. The services are fulfilled by either its BHero network or workshop partners under the ‘BBuddy’ program. In the same year, Bateriku was appointed as Etiqa Insurance’s service provider to serve Etiqa’s 2.5Million insurance subscribers. To date, Bateriku has served close to 1.2 Million vehicle owners and has shared more than RM12 Million in commission payouts within its ecosystem partners. The group reached multiple milestones in 2022 when it was appointed by Allianz Malaysia to serve Allianz’s 3.5 Million subscribers. In the same year, Persatuan Insurans Malaysia (PIAM) also appointed Bateriku as a licensed insurance agent. The biggest milestone for the group happened on May 22 with the launching of Bateriku’s very own automotive product range under the Astra brand by Bateriku.com. Since the introduction of Astra batteries, Bateriku has managed to sell more than 200,000 units of batteries nationwide. More recently, the Astra brand has also introduced exclusive Astra wiper blades to the Malaysian market since April 2023. Azarol is determined to bring in more fast-moving products under the Astra brand for the benefit of not just vehicle owners, but also to its ecosystem partners. Today, the group has built an ecosystem comprising close to 1,000 BHeros, 100 BPreneurs and approximately 3,000 BBuddys to fulfil the growing demand for battery and roadside assistance solutions. Bateriku today collaborates with prominent brands including Allianz, Etiqa, Socar, Gocar, Touch & Go, Setel and Grab by providing multiple value-added offerings to respective partner’s ecosystem. In January 2023, Bateriku established Akademi Bateriku – a training centre that primarily aims to streamline on-the-ground deliverables to its growing ecosystem. Akademi Bateriku received endorsement from HRDF for its multi-level certification programs that includes vehicles systems troubleshooting as well as EV and Hybrid systems. Concurrently, Bateriku also established its first BGarage – a workshop model designed and operated by Bateriku to accommodate customers with non-related battery issues such as alternator and starter issues. The establishment of BGarage value-adds to the overall customer experience for Bateriku’s existing and potential customers. Recently, Bateriku signed a Memorandum of Contract with TowMe Asia – a roadside assistance company based in Singapore to provide cross-border solutions to travellers to/from Malaysia and Singapore respectively. In its pipeline, the group is looking to solidify its position by digitizing the 3 verticals of Battery, Breakdown and Bengkel into an inclusive automotive digital platform called ‘Bazaar.’ Enabled by its priority on customer experience and the advancement of technology, the group has evolved from a brick-and-mortar battery reseller to providing real solutions very much needed by vehicle owners, not just in Malaysia and Singapore but soon to other ASEAN countries.
WISE AI
Series A in 2024
Known as the FACE OF ASEAN by our partners, WISE AI strives to become the market leader of digital identity in Southeast Asia by creating digital identity for 650m people in the region. Our products include facial recognition, eKYC (Know Your Customer) and Cyber ID. WISE AI works closely with System Integrators to provide their customers from various industries with AI powered solutions. The Company also collaborates with universities, government agencies, R&D organisations in research collaborations and to nurture local AI talents.
Bateriku
Venture Round in 2024
'Azarol Faizi is the Founder & CEO of Bateriku Group of Companies, Malaysia’s leading Vehicle Ownership Experience Service Provider' Azarol Faizi is a Malaysian entrepreneur and the Founder and CEO for Bateriku Group of Companies – a Vehicle Ownership Experience platform that provides breakdown and maintenance solutions directly to vehicle owners via technology and gig economy. Today, there are 3 companies under Bateriku Group of Companies namely Bateriku (M) Sdn. Bhd., Akademi Bateriku Sdn. Bhd. and BPlaz (M) Sdn. Bhd. Azarol previously founded Astra Manufacturing, a battery manufacturing factory that primarily supplies automotive and industrial batteries to OEM and REM companies such as Proton, Perodua, Mitsubishi, Petronas and Telekom. Azarol’s vision was to ultimately make it easy and seamless for vehicle owners to receive solutions and support to anything and everything that is related to their vehicle. He wanted to create a sustainable ecosystem of automotive product and service providers that prioritize awesome customer experience, every time, all the time. Inspired by the tech disruption created by MyTaxi and Uber in Malaysia, Azarol saw the gap in the market for battery replacement for vehicle owners. In 2014, he pivoted his 7-person team to establish Bateriku.com – an online platform that enable vehicle owners to find on-demand solution to that dreadful #battkong experience via its well trained and equipped crowdsourced technicians or BHero. In 2015, Bateriku.com started to build a network of Dealers under the ‘BPreneur’ Program to establish its unique selling proposition of Nationwide Warranty Assistance. The BPreneur program has enabled the opening of more than 150 Bateriku retail outlets or Pitstops nationwide including in Sabah and Sarawak. In 2017, Bateriku launched its Bateriku Customer App for a seamless after-sales customer experience that complements existing touchpoints of 24/7 hotline number, web booking, whatsapp and social media enquiries. In 2019, the group expanded its on-demand battery solution by offering full-fledged Roadside Assistance to vehicle owners under BPlaz. The solutions offered include towing, tyre replacement, fuel top-up and car lock-out services. The services are fulfilled by either its BHero network or workshop partners under the ‘BBuddy’ program. In the same year, Bateriku was appointed as Etiqa Insurance’s service provider to serve Etiqa’s 2.5Million insurance subscribers. To date, Bateriku has served close to 1.2 Million vehicle owners and has shared more than RM12 Million in commission payouts within its ecosystem partners. The group reached multiple milestones in 2022 when it was appointed by Allianz Malaysia to serve Allianz’s 3.5 Million subscribers. In the same year, Persatuan Insurans Malaysia (PIAM) also appointed Bateriku as a licensed insurance agent. The biggest milestone for the group happened on May 22 with the launching of Bateriku’s very own automotive product range under the Astra brand by Bateriku.com. Since the introduction of Astra batteries, Bateriku has managed to sell more than 200,000 units of batteries nationwide. More recently, the Astra brand has also introduced exclusive Astra wiper blades to the Malaysian market since April 2023. Azarol is determined to bring in more fast-moving products under the Astra brand for the benefit of not just vehicle owners, but also to its ecosystem partners. Today, the group has built an ecosystem comprising close to 1,000 BHeros, 100 BPreneurs and approximately 3,000 BBuddys to fulfil the growing demand for battery and roadside assistance solutions. Bateriku today collaborates with prominent brands including Allianz, Etiqa, Socar, Gocar, Touch & Go, Setel and Grab by providing multiple value-added offerings to respective partner’s ecosystem. In January 2023, Bateriku established Akademi Bateriku – a training centre that primarily aims to streamline on-the-ground deliverables to its growing ecosystem. Akademi Bateriku received endorsement from HRDF for its multi-level certification programs that includes vehicles systems troubleshooting as well as EV and Hybrid systems. Concurrently, Bateriku also established its first BGarage – a workshop model designed and operated by Bateriku to accommodate customers with non-related battery issues such as alternator and starter issues. The establishment of BGarage value-adds to the overall customer experience for Bateriku’s existing and potential customers. Recently, Bateriku signed a Memorandum of Contract with TowMe Asia – a roadside assistance company based in Singapore to provide cross-border solutions to travellers to/from Malaysia and Singapore respectively. In its pipeline, the group is looking to solidify its position by digitizing the 3 verticals of Battery, Breakdown and Bengkel into an inclusive automotive digital platform called ‘Bazaar.’ Enabled by its priority on customer experience and the advancement of technology, the group has evolved from a brick-and-mortar battery reseller to providing real solutions very much needed by vehicle owners, not just in Malaysia and Singapore but soon to other ASEAN countries.
Nexagate
Venture Round in 2023
Provider of cybersecurity services platform intended for compliance management, threat detection, and network security. The company's platform includes security assessments, incident response, and managed security services, enabling businesses to meet regulatory requirements, identify vulnerabilities, and improve their overall cybersecurity posture.
Aerodyne
Series B in 2019
Aerodyne Group is a leading provider of drone-based enterprise solutions, specializing in drone technology, data technology, and digital transformation. The company uses artificial intelligence to enhance large-scale data operations, analytics, and process optimization. With a team of over 1,000 drone professionals, Aerodyne has managed more than 560,000 infrastructure assets, conducted 458,058 flight operations, and surveyed over 380,000 kilometers of power infrastructure across 32 countries. Its services address key challenges in various industries, including transmission tower inspection, wind turbine maintenance, and solar farm assessments, facilitating rapid scaling and digital transformation for its clients. Recognized globally for its excellence, Aerodyne has received multiple accolades, including top rankings by Drone Industry Insights and awards from Frost & Sullivan and the Institute of Engineering and Technology in Malaysia. The founder and Group CEO, Kamarul A Muhamed, has also been honored as a leading entrepreneur in technology and innovation.
CMC Engineering Sdn Bhd
Corporate Round in 2019
CMC was established in 1996 through a smart partnership between ARY Venture Sdn Bhd and Nippon-Comsys Corporation, Japan. Today, CMC Group has grown to become a leading integrated services and solutions provider for the Public Infrastructure, Info-communication, Power and Energy sectors. The Group has over 20 years of experience in providing comprehensive, multi-disciplined project management services to cover the whole Engineering, Procurement, Construction and Commissioning (EPCC) spectrum.
Clinipath Malaysia
Corporate Round in 2018
Clinipath (M) Sdn. Bhd. is a clinical pathology laboratory that offers a complete range of services with over 1,200 tests generally under immunology, microbiology, histopathology, haematology, cytology and bio-chemistry at a competitive pricing throughout Malaysia. Every month hundreds of doctors in clinics, medical centres, private hospitals, government hospitals and private laboratories access our services to help diagnose, treat and monitor their patients' health.
Ain Medicare Sdn Bhd
Corporate Round in 2018
Ain Medicare is a manufacturer of reliable and high-quality pharmaceutical products. Ain Medicare's products include large- and small-volume parenteral, irrigation solutions, hemodialysis concentrates, and peritoneal dialysis solutions. Ain Medicare's products have gained international recognition and are used by both the private and public health care sectors, as well as non-profit healthcare providers in Malaysia and around the world, benefiting millions of people worldwide.
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