Malaysia's Accelerator
for high growth companies
ABOUT
In early 2019, we realised there was a gap in the Malaysian startup ecosystem. Many startups were unable to get beyond ideation and initial product market fit to the next stage of growth. We realised immediately that we needed to help these companies. So in October 2019, ScaleUp Malaysia was born.
As an Accelerator, our focus is not just on helping companies raise their next round. Our philosophy is in building businesses that have high revenue growth and a path to profitability - we call this the Pegasus model.
We want to invest our time, experience and money in Malaysian scaleups poised for growth and regional expansion. We will work side by side with these companies to develop the right strategy and model and then start curating investors and partners for the companies to secure their next round of funding to execute those plans. We are your invisible management team, your potential investors and your partners on this journey.
OUR COMPANIES
Meet some of our Pegasus companies - companies that focus on building the right fundamentals are able to thrive in the best of times, and weather any storms that may come in the worst of times. If the Pegasus philosophy resonates with you, then we would love to work with you too. ScaleUp aims to help 100 of these companies through our programme and invest in 50 by 2022.
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Our learnings through ScaleUp Malaysia Accelerator started from the very first time we pitched to them. The mentors pointed out things to us about our business that definitely caught us off-guard. We took their suggestions, started implementing them and a month later, we started seeing revenue growth. We have since recorded our highest revenue yet.
Mo El-Fatatry
FOUNDER, ERTH
ScaleUp isn't your typical Accelerator programme. The coaches here are actually very hands-on. They don't take a one size fits all approach. They really take their time to individually dissect our issues, challenges and roadblocks and then provide advice tailored to what our business actually needs.
Pennie Lim
FOUNDER & CEO, HOMA
We have always been thinking of growing regionally. What caught us off-guard was when the mentors asked us "Why are you thinking so small? Why isn't your goal to go global?" That was what sparked us to change the way we think about the way we were doing this in the company, the way we viewed our business, and also shifted our vision for the company.
Diyan Ho
FOUNDER & CEO, HAUZ
The mentors are what makes ScaleUp Malaysia Accelerator. They were very objective in helping me grow my business. My advice to those applying for Cohort 3 is to not expect the mentors to spoon feed you. Put in the effort and they will open your eyes to a lot more possibilities.
Nadira Yusoff
FOUNDER, KIDDOCARE
We have no prior startup experience so being part of the ScaleUp Malaysia Accelerator really did open our eyes and gave us the necessary support in order to grow. It brought a lot of structure as to what was required for our business to scale. It was intense - like getting an MBA in 3 months!
Patrick Martinent
CEO, TANALINK
The ScaleUp Malaysia Accelerator coaches supported and moulded us. As entrepreneurs, you are very eager to take every opportunity that comes by. ScaleUp helped us laser focus on what truly needed urgent fixing and attention.
Mazlita Hassan
FOUNDER & CEO, RECQA
The ScaleUp Malaysia Accelerator is definitely unique. We usually hear of Accelerators like this in Silicon Valley and Singapore, and now we finally have one here in Malaysia.
Hubert Lee
FOUNDER & CEO, QUADBY
A better clarity on what to concentrate and focus on. Previously, (we) just kept building and expanding the range of product without thinking about target customers and market segments.
Alex Tan
FOUNDER & CEO, IIMMPACT
Prior to ScaleUp, we were approaching one year at a time without a clear plan in place. ScaleUp helped the company to strategize and plan towards profitability, sustainability and a potential individual exit.
Parthiven Shan
FOUNDER & CEO, TRIPCARTE
The ScaleUp Malaysia Accelerator was an enriching experience. Having been in the corporate world for so long, the Accelerator gave us an opportunity to learn all these new things to be able to make it as a startup.
Alfred Chan
FOUNDER, SMARTFUND
The 3 months was truly a transformational journey. It changed the way we communicated in the team and how we communicated to customers as well. It made us view the business through different lenses- investor, customer and founder lenses for us to better understand our business.
Sean Tay
FOUNDER & CTO, RECQA
This program is not just about the funding, it's the hours that the ScaleUp team puts in to further boost your business, whether it's by mentorship or through network connections. That's the real value that you will get out of this program.
Adham Fayumi
FOUNDER, AUTOCRAVER
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