KrASIA
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.