Malaysia’s tech news, quarterly
December 2023 | November 2023 | October 2023
Malaysian technology news in the last quarter of 2023, Q4, captured headlines across developments including: Malaysian space-tech industry moves; Malaysian agri-tech using fly larvae to process palm oil waste; the risks to Malaysia’s reputation in semiconductor packaging presented by Chinese firms using Malay packaging to avoid US tech restrictions; and more.
Other editions: Asia’s tech news, daily (via LinkedIn, Facebook & Twitter/X); and Indo-Pacific technology newsletters, weekly.
Also available:
Critical technologies news across Q4 2023
Critical technologies, quarterly: Q4 2023 news summary
December 2023
Slush’D Malaysia: Kuala Lumpur, March 7th 2024
- Malaysia’s Selangor Info Tech & Digital Economy Corp, SIDEC, completes working visit to Taiwan, seeking cross-border collaborations in digital economy and talent training activities
- Malaysia: Qarbotech agritech gains $700K seed and grant funding with photosynthesis enhancement tech, on-plant or in-soil, boosting productivity and claiming yield increase by up to 60%
- Malaysia’s Labuan island territory proposed as a startup and innovation cluster for businesses outside Peninsular Malaysia, serving Labuan, Sabah and Sarawak
- Malaysia: UMAMI/Cell AgriTech facility’s first phase to open in Q1 2025, powered in part by solar energy and span 96000 square feet with a projected annual output of 3000+ tons
Google, Bain & Co, TEMASEK: e-Conomy SEAsia 2023 – Malaysia report
- Malaysia: YTL Power International partners NVIDIA to build AI infrastructure, aiming to bring supercomputing capabilities to Malaysia by mid-2024
- Malaysia: An intro to Entomal Biotech, using fly larvae to process food and palm oil waste, creating opportunities in both food supply and livestock feed, and cutting emissions in the process
- Malaysia’s long-stay rentals platform, LiveIn, raised $8.3M to grow presence in Thailand, Vietnam and Indonesia
- Malaysia: China’s BEST Inc logistics services firm to open its largest sorting center in Selangor, alongside 220,000-square-meter facility linking Thailand, Vietnam, Singapore and Malaysia to its network
- Some Chinese semiconductor firms are reportedly turning to Malaysian chip packaging firms for aspects of high-end chip assembly, hedging against US sanctions risks
Malaysia National Blockchain Roadmap 2021-2025
November 2023
- Malaysia: Penjana Kapital, gov’t-owned fund of funds, partners Taiwan’s APAC Investment & Innovation Development Association
- Malaysia: Vircle lands 8-digit funding with cashless payment solution, teaching kids safe and responsible spending using a child-safe prepaid Visa card
- Malaysia: MYStartup NXT micro-conferences prep for Kota Kinabalu event in Sabah, building on recent events in Cyberjaya, Kuching and Penang
- Malaysia: Aphelia wins Startup World Cup regional with wireless charging stations for use in space, impacting on overall satellite launch costs and extending sat lifespans
“Aphelia makes wireless charging stations in space with the innovative solution having the potential to bring about a game-changing shift in the way space missions are approached.”
“By using these wireless charging stations, the high costs associated with launching satellites into space can be slashed by up to 90%. The lifespan of satellites is also extended, thereby contributing to a reduction in the growing issue of space debris, which poses a significant environmental concern.”
- “Malaysian PM Anwar Ibrahim said that [China’s] Geely will invest around $10BN in…Tanjung Malim, in the state of Perak… will transform Tanjung Malim into an ‘automotive high-tech valley.'”
- Startup Week Malaysia 2023 is set for December 1-9, running primarily in Kuala Lumpur but with programs in the pipeline for Penang, Sabah and beyond
- Malaysia’s Planters International launched SpaceANT-D satellite using SpaceX, aiming to monitor reforestation, illegal logging and other environmental concerns in deep jungle areas
Malaysia Startup Ecosystem Roadmap 2021-2030
October 2023
- Malaysia: She-Tech Asia Forum 2023 set for October 3rd, advance event in the World Congress on Innovation & Tech and Int’l Digital Economy Conference Sarawak 2023
- Malaysia: BoomGrow gains pre-A funding with ‘Machine Farms’, movable repurposed shipping containers growing pesticide-free vegetables to address urban food access
- Malaysia: MADCash fintech startup gains pre-A funding with zero-interest micro-funding for women entrepreneurs
- Malaysia Digital Economy Corp partners Acxyn web3 firm for metaverse initiative revolving around intellectual property
- APSCC Satellite Conference & Exhibition on now in Malaysia, bringing together market insight and partnership and business opportunities
- Malaysia: Automotive High-Technology Valley project formalised with agreement inked between Malaysia’s DRB-Hicom conglomerate and China’s Geely automaker
- Malaysia: Country requires around 27000 cyber-security experts but currently has only 15000, says Communications and Digital Minister
McKinsey: The economic potential of artificial intelligence
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