ScaleUp Malaysia, Quest invest over USD 680,000 in growth-stage startups


ScaleUp Malaysia, an accelerator, and Singaporean VC Quest Ventures on Tuesday announced that they will invest MYR 2.75 million (USD 680,185) in eleven fast-growing Malaysian startups supporting their regional expansion.

The young companies, coming from sectors such as education, waste management, logistics, advertising, agriculture, are part of ScaleUp Malaysia’s second cohort. They will run through a 3-month intensive business coaching program and receive an investment of MYR 250,000 (USD 61,844) each.


ScaleUp Malaysia, Quest Ventures invest in 11 companies
Quest Ventures, Scale-up Malaysia back 11 startups