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There is a strong startup culture here in Cyberjaya, enabled by a tech ecosystem that not only provides the infrastructure for established companies to benefit from, but also for passionate startups to pilot and grow their innovation.
Flourishing
Startups Environment
Cyberjaya offers tailor-made initiatives, ample co-working spaces and office spaces, ease of access to funding and mentorship, as well as multiple programmes designed to benefit startups and driven entrepreneurs at every stage of their journey.
Meet our homegrown startups.
TheLorry
The brainchild of Goh Chee Hau and Nadhir Ashafiq, The Lorry Online Sdn Bhd, was founded in September 2014 from the idea to provide on-demand transportation services throughout Malaysia, Indonesia, Thailand and Singapore. They partner with reputable drivers for lorry transport, professional house moving, furniture disposal and office moving— all at the convenience of a swift online booking of services, with the aim to digitalise transportation services.
Along the way, TheLorry has also received funding through the Cyberview Living Lab Accelerator programme, under WatchTower and Friends Accelerator which boosted business. The company has since raised close to US$10mil from reputable venture capital and institutions such as SPH Ventures, PNB-Inspire Ethical Fund, First Floor Capital and Axiata Digital Innovation Fund.
MoneyMatch
MoneyMatch is a Malaysian FinTech company providing financial services, with a focus in remittance and cross-border international payments. With advanced technology, MoneyMatch aims to digitise and liberate the commercial foreign exchange market by introducing a faster, cheaper and more convenient way to perform cross border transactions. MoneyMatch’s end-goal is to create more efficiency within the financial system by replacing incumbent players with a more transparent, efficient and collaborative model.
By securing a fund of $150,000 from Kosciuszko Holdings, MoneyMatch rolled out their digital remittance platform and began operating with Cyberview Living Lab Accelerator in January 2015, under tech supervision accelerator Watchtower and Friends (WTF). Since then, MoneyMatch started operating its fully digital platform in June 2017 under the purview of Malaysia’s Central Bank as a FinTech Regulatory Sandbox Participant and became the first to graduate from that FinTech Sandbox in June 2019, thereafter obtaining a Money Services Business License.
To date, MoneyMatch has completed its pre-Series A in April 2019 led by Cradle Seed Ventures, while the company’s Series A1 fundraising round was closed back in late 2019. MoneyMatch subsequently managed to expand to other jurisdictions, now operating in Brunei Darussalam and Australia, and currently covers 80 country destinations as well as over 40 currencies through our global partners.
Through their journey, MoneyMatch has been awarded “Best Technological Innovation” by MDEC in 2017, “Fintech Startup of the Year” in 2018 during the Malaysian Fintech Awards 2018 and the “ASEAN SME Award” during the Singapore Fintech Festival 2018. Now they have reached a total of RM 1.8+ billion worth of transaction volume, spread across personal and business transactions alike with more than 19,000 registered users.
https://transfer.moneymatch.co/
Ittify
Ittify is a social media platform that generates authentic social reviews. They focus on building customer trust and creating brand awareness by working with relevant influencers. Incorporated in 2015, Ittify started working with micro influencers and since then has expanded its database to over 6,000 influencers of various tiers—marking its stepping stone as a cloud-based marketing platform in Malaysia. Additionally, Ittify is currently building the first Creators Academy in Malaysia, focusing on stretching influencers’ creativity through workshops and engaging programmes. Ittify has also successfully collaborated with well-known companies such as Maybank, Kanebo, Watsons, Reckitt Benckiser, and AirAsia.
https://ittify.com/
Govicle Sdn Bhd
Govicle Sdn Bhd (formerly known as JomParkir Sdn Bhd/ Jom Parking) is a leading technology company that champions compelling innovation that provide a competitive edge. The company’s growth prospect is to be the first and largest Vehicle-to-Everything (V2X) tech company in SEA.
Having conquered the parking industry as one of the pioneers of digital parking payments, Govicle has made its mark in the start-up ecosystem through several start-up programmes including but not limited to Cradle’s Coach & Grow Programme, the Malaysian Global Innovation & Creativity Centre’s (MaGIC) Global Accelerator Programme and Cyberview’s Living Lab Accelerator Programme.
The company has now expanded its business and will be introducing Malaysia’s very first V2X oriented super app focused on providing a large suite of services including Smart Parking, Smart Servicing, Smart Agent, Smart Security and Smart Ticketing. Govicle will pioneer as an Operating System that unbundles the tyranny of apps with the aim to build the first vehicle data exchange in SEA.
https://govicle.com/
MedKad
Medkad is an employee healthcare benefits and wellness management platform born out of the need for a more transparent medical benefit system. Established in 2016, Medkad has grown from their initial development with further grant support from Cradle Fund, TERAJU and SME Corp, while also being a part of Cyberview’s Living Lab Accelerator Programme that propelled their trajectory further. More recently, MedKad’s growth and potential is also recognized at the national stage where it was bestowed with the Best Life Helper 2019 at the Malaysia Rice Bowl Award, as well as reaching a milestone achievement by having 15,000 panel visit cumulatively.