Malaysia Technology Development Corporation (MTDC) was set up by government of Malaysia in 1992 to spearhead the development of technology businesses in Malaysia. Its initial role was to concentrate on the promotion and commercialisation of local research and invests in new ventures that can bring in new technologies from abroad. From these investment activities, MTDC has evolved to become a venture capital outfit and has been the leading venture capitalist in the country long before the concept became familiar and accepted in Malaysia. By the time other new venture capitalist came into being, MTDC has further evolved to become an integrated venture capital solutions provider and has become the only company in the country to attain the status. Today, MTDC is the only one-stop agency where financing can be source from; all the way from laboratory ideas to full commercialisation of such ideas.
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.
MASVERSE
Seed Round in 2023
Masverse is committed to becoming a global leader in the Web 3.0 domain by driving innovation and establishing seamless global connections through cutting-edge Web 3.0 ecosystems. Our objectives include building a robust Web3 ecosystem by leveraging the latest blockchain advancements. We aim to develop a Public-Permissioned Layer-1 blockchain and a suite of blockchain-enabled applications. This ecosystem will serve as the backbone for various sectors, ensuring security, scalability, and interoperability. We strive to make Malaysia a central hub for Web 3.0 innovation. This initiative will foster growth and success for governments, businesses, and institutions, positioning Malaysia as a key player in the global technology landscape. Our efforts are geared towards enabling stakeholders to drive positive change both locally and globally. By providing the necessary tools and infrastructure, we aim to address global challenges and enhance the quality of life through technological advancements. We are dedicated to making blockchain technology more sustainable and accessible. Our goal is to reduce barriers to adoption, ensuring that the benefits of Web 3.0 are available to a broader audience. By achieving these objectives, Masverse will not only lead the Web 3.0 revolution but also create lasting value for all stakeholders, paving the way for a more connected, innovative, and prosperous future.
Biogenes Technologies
Grant in 2023
Biogenes Technologies is a medical device startup focused on developing diagnostic devices for infectious diseases using patented aptamer technologies. The company's innovative approach enables the high-volume production of cost-effective diagnostic kits, enhancing accessibility for individuals seeking to monitor their health. Biogenes offers a range of products, including DNA kits, buffers, diagnostic kits, and nano-coated sensor strips, all aimed at improving genomics and molecular diagnostics. By personalizing testing options, Biogenes empowers individuals to take better control of their health while advancing the field of portable diagnostics and medical care.
Aonic (Formerly Poladrone)
Seed Round in 2021
Aonic, formerly known as Poladrone Solutions Sdn. Bhd., is a comprehensive drone solutions provider based in Petaling Jaya, Malaysia. Founded in 2016 by a team of engineers, the company specializes in the distribution of drones and the collection and analysis of aerial data to support informed decision-making. Aonic offers a range of services including aerial analytics, agricultural spraying, industrial aerial mapping, and training workshops for drone operations. Its solutions cater to various sectors such as agriculture, construction, inspection, public safety, and energy. With a commitment to modernizing and streamlining operational workflows for enterprises, Aonic is positioned as a key player in the commercial drone industry, continually expanding its offerings beyond traditional drone capabilities.
microLEAP
Seed Round in 2020
microLEAP is a peer-to-peer lending platform based in Petaling Jaya, Malaysia, that facilitates financing for small enterprises struggling to secure traditional loans. The company offers both shariah-compliant micro-loans and conventional financing options, allowing borrowers to connect directly with investors without the need for financial institutions. Additionally, microLEAP provides Personal Accident Insurance for business owners or key personnel involved in the investment, ensuring that outstanding amounts are covered in the event of death or disability. This approach not only helps diversify investors' portfolios but also mitigates the risk of default, thereby enhancing the overall stability of the peer-to-peer financing model.
Longe Medikal Sdn Bhd
Seed Round in 2020
A medical technology startup innovating clinical practice in image guided procedures using patient specific data. develop high fidelity patient specific organ replica for rehearsal of image guided procedures, pre-procedure planning, post-procedure evaluation, simulation for medical devices and training. The patient specific solution is compatible to be used with any angiography system and compatible with majority of available medical devices in the market.
Pinjamla
Grant in 2019
Pinjamla is a marketplace that lets you rent products from rental businesses seamlessly.
3D Gens
Grant in 2019
3D Gens is a technology-driven engineering firm that provides 3D printing and modelling technology to produce quality services.
Predictry
Seed Round in 2014
Predictry provides a machine learning technology envisaging user preferences, sentiments & behavior. Founded in 2013, it offers a world-class online Recommendation as a Service (RaaS), customised solutions for predictive analytics, big data mining services, business intelligence and also bespoke consulting in whatever industry you are in. Predictry’s main advantage lies in its ability to customise SaaS recommendations for any types of e-commerce or web listing business, be it from fashion, music, financial products to home listing. Think of it as an Amazon-like product recommender that could be customised to whatever you are selling or listing online. Considering that we were able to employ multiple analytics tools such as content and collaborative filtering created and refined by established data scientists. With it's proprietary A/B algorithm testing method and the ability to go right down to the mathematical formulas of the algorithm, the team at Predictry ensures that this highly scalable recommendations is always fine-tuned to each specific customer, with the goal of improving conversation rate and/or sales to your business. Predictry is run by a team of seasoned entrepreneurs and data scientist from well established universities together.This company is a V Ventures portfolio company based in Asia.
PrimeraDx (Primera Biosystems)
Series B in 2008
PrimeraDx, Inc. offers multiplexed infectious disease assays. It provides Scalable Target Amplification Routine technology, which is a method for simultaneous quantitative measurement of multiple target nucleic acids. The company also offers ViraQuant, a multiplexed assay providing quantitative and simultaneous measurement of viruses; and FungiQuant Yeast and FungiQuant Mold, which are fungal panels for mycology testing. Its products are used in miRNA, DNA methylation, quantitative genotyping, gene expression, and viral load measurement applications. PrimeraDx, Inc. was founded in 2004 and is based in Mansfield, Massachusetts.
PrimeraDx (Primera Biosystems)
Series A in 2005
PrimeraDx, Inc. offers multiplexed infectious disease assays. It provides Scalable Target Amplification Routine technology, which is a method for simultaneous quantitative measurement of multiple target nucleic acids. The company also offers ViraQuant, a multiplexed assay providing quantitative and simultaneous measurement of viruses; and FungiQuant Yeast and FungiQuant Mold, which are fungal panels for mycology testing. Its products are used in miRNA, DNA methylation, quantitative genotyping, gene expression, and viral load measurement applications. PrimeraDx, Inc. was founded in 2004 and is based in Mansfield, Massachusetts.
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