Growth Charger aims to propel Malaysian startups to Silicon Valley

Growth Charger, a leading startup accelerator and incubator, has been selected to host the Startup World Cup 2024 Malaysia Finals. Held in conjunction with Merdeka and Malaysia Day celebrations in Malaysia, the Malaysia Finals will provide one exceptional Malaysian startup with the opportunity to compete on the international stage in Silicon Valley. The winner of this national competition will have the chance to compete for the grand prize of $1,000,000 investment at Startup World Cup 2024.

Startup World Cup is a global series of conferences and competitions designed to connect startup ecosystems around the world and recognize the most talented entrepreneurs with a chance to win a $1 million investment prize. The competition includes regional finals held around the world, culminating in the semi-finals and Grand Final in San Francisco.

The main objective of this initiative is to boost the innovation and startup landscape in Malaysia in line with the Malaysian government’s goals to be in the top 20 in the Global Startup Ecosystem (GSE) by 2030 and establish Kuala Lumpur as a key digital and startup hub in Southeast Asia. By introducing one Malaysian startup to Silicon Valley, Growth Charger aims to showcase Malaysian entrepreneurial talent on a global platform, thereby increasing opportunities for innovation and investment. This initiative is in line with the goals set out in the Malaysia Startup Ecosystem Roadmap (SUPER) 2021-2030, which emphasizes the importance of attracting global attention, fostering innovation and encouraging investment to strengthen the local ecosystem.

“At Growth Charger, we envision a future where Malaysian startups are at the forefront of global innovation. As we lead the organization of this year’s Startup World Cup (Malaysia) 2024, our mission is to highlight the incredible talent in our local startup ecosystem. This event is the perfect platform to showcase our startups to the world.” – Iskandar Shafi’i, Director and Co-Founder of Growth Charger.

At the partnership signing ceremony held at WORQ’s newly opened branch in the heart of Kuala Lumpur at Intermark, Growth Charger proudly announces a title partnership with Cradle Fund Sdn Bhd (Cradle) through MYStartup and a strategic partnership with Malaysia Digital Economy Corporation (MDEC) to support this initiative. We have also roped in WORQ and CloudMile as ecosystem partners and key players in the startup ecosystem, including Cyberview, Invest Selangor, The Hive Southeast Asia, Gobi Partners, Iris Capital Partners, Curine Ventures, Kumpulan Modal Perdana (KMP), Artem Ventures, Sunway iLabs, Ficus Capital, Ignite Asia, Indelible Ventures, TRIVE, Antler, International Medical University (IMU) and Endeavor as supporting partners. These partnerships will provide invaluable support and resources to participating startups, increasing their chances of success in the global arena.

“MDEC is committed to accelerating Malaysia’s position as a leading digital economy through initiatives such as the national strategic initiative Malaysia Digital (MD), which focuses on supporting innovation, talent development and investment in the digital ecosystem. The Startup World Cup Malaysia 2024 Finals is a key step in this direction, providing our startups with a global platform to showcase their potential.” – Ts. Mahadhir Aziz, CEO of Malaysia Digital Economy Corporation (MDEC).

“WORQ is proud to support Startup World Cup (Malaysia) as an ecosystem partner with Growth Charger, which is in line with our commitment to foster a diverse entrepreneurial ecosystem that drives national economic growth through our cloud office infrastructure” – Wong Chea Hao, Head of Real Estate and Product Development at WORQ.

Among the 10 finalist startups selected during the semi-finals, the winner of the Malaysia Finals will have a unique opportunity to pitch their startup in Silicon Valley in front of world-class judges, compete for the grand prize of $1,000,000 investment, and network with venture capitalists, global startups, and industry experts. This opportunity will not only put the winning startup on the global map but also provide a significant boost to its growth and development.

The 10 startups selected for the finals of Startup World Cup (Malaysia) 2024 are:

1. PandaiMalaysia’s #1 learning app for high school students, featuring game-based quizzes tailored to your specific curriculum.
2. Braintree TechnologiesA multifunctional agricultural robotics solution that enables agricultural work to be performed with millimetre precision.
3. VidanexAI-powered pathology solution accelerates cancer diagnosis by delivering fast and precise results using advanced algorithms.
4. Faraday energy, A green hydrogen technology company specializing in the development, production and implementation of advanced hydrogen fuel cell systems for various applications.
5. Midwest CompositesEngineering composites for aerospace, military, automotive and mass transit.
6. Ejen2UA platform that helps entrepreneurs manage wholesalers and agents digitally and increase sales and agent count through “data analytics”.
7. Re-air conditioningProduces biochar by heating plant materials without oxygen, creating a carbon-rich substance that enriches the soil.
8. MessengercoAI Platform to Streamline Corporate Gifting with Instant Supplier Responses and Quotes
9. ScannerAIA revolution in lung cancer diagnosis through the use of cutting-edge artificial intelligence technologies.
10. Mengaji OnlineA comprehensive platform for teaching and learning about Islam worldwide.

For more details about Startup World Cup Malaysia 2024 Finals, please visit: (https://www.growthcharger.com/startup-world-cup-malaysia-growth-charger-2024)