Victorious Startups in MRANTI’s Worldwide Accelerator Program 2024

Continuing its mission to fast-track demand-driven research and development (R&D), the Malaysian Research Accelerator for Technology & Innovation (MRANTI) wrapped up its 2024 Global Accelerator Programme (GAP) with its Sharing Day recently. 

GAP is a holistic platform designed to guide startups from ideation to globalisation, and this event brought together 20 companies that are tackling some of the world’s most urgent challenges.

With the theme Tech for Impact, MRANTI GAP 2024 highlighted solutions aligned with three key United Nations Sustainable Development Goals (UN SDGs):

Food security & sustainability (UN SDG 2)

Healthcare (UN SDG 3)

Renewable energy (UN SDG 7)

The eighth cohort of GAP featured a mix of local and global startups, including six in food security, eight in healthcare, four in renewable energy, and two in sustainable production.

Meet the 9 winning startups

Out of the 20 companies in this year’s cohort, nine were chosen as winners during the Sharing Day for their exceptional pitches and solutions. Here’s who they are.

1. Qarbotech

Qarbotech is a Malaysian agritech startup revolutionising farming with its patented photosynthesis enhancement nanotechnology. 

Established in 2018, the company has developed a biocompatible solution that claims to increase crop yields by up to 60%. Using organic compounds that mimic chlorophyll, Qarbotech enhances photosynthesis rates in leafy plants, shortening growth cycles and boosting productivity. 

With seed funding of US$700,000 led by 500 Global and grants from the Temasek Foundation and Khazanah Nasional, Qarbotech plans to expand its R&D capabilities and scale its manufacturing facility to serve farmers across Southeast Asia and beyond.  

Amid growing global food demand driven by population growth and climate challenges, Qarbotech offers a disruptive solution to address the food security crisis. Its technology empowers farmers to achieve higher yields despite limited arable land and urbanisation pressures. 

2. N&E Innovations

N&E Innovations is a biotech company headquartered in Singapore. It focuses on turning food waste into a powerful antimicrobial agent called ViKang, a patented solution that claims to be 99.9% effective against common foodborne microbes without the use of heavy metals or toxic chemicals. 

ViKang is applied in various industries to enhance safety and extend shelf life. In food preparation, their countertop laminates and surface sprays aim to offer 90 days of protection. In food packaging, their cling wraps and containers, embedded with ViKang, are said to extend food freshness and shelf life by four times. 

Additionally, in the hospitality sector, their surface spray coatings ensure 180 days of protection against bacteria, viruses, and mould, ensuring safety and hygiene for high-touch areas, according to their website.

3. Kineflux

Kineflux is an original design manufacturer (ODM) that focuses on the automotive green technology landscape. Founded in 2012, the company developed a groundbreaking technology that improves vehicle performance by maximising fuel usage and extending distance coverage. 

After rigorous testing and validation by SIRIM and the Automotive Development Center at Universiti Teknologi Malaysia, Kineflux’s invention proved its effectiveness, earning patents across Malaysia and neighbouring regions. 

Recognised as a green solution, Kineflux’s product was listed in the prestigious MyHijau directory by the Malaysia Green Technology and Climate Change Centre (MGTC).  

In 2020, KineFlux was acquired by Singapore-based Ryght Holdings Pte Ltd, an investment company specialising in environmental, social, and governance (ESG) solutions. 

Leveraging support from grants like the High Impact Program and the expertise gained through its parent company, KineFlux continues to innovate and expand its reach in the automotive and logistics sectors.

4. PlusVibes

PlusVibes is a mobile app that integrates local mental health associations, volunteer listeners, and campaigners in a platform that promotes self-development and motivation. 

On the app, you can anonymously chat and seek advice from professional and trusted organisations to express and share your problems freely.

The all-in-one platform for mental health and well-being provides its users with advice and motivation by chatting, reading, watching videos, or through meditation. 

5. Aigro

Aigro is a Malaysian agritech startup that leverages artificial intelligence to optimise farm operations for broilers, breeders, and layers. 

Its proprietary AI-powered system continuously analyses data to improve productivity, while a cloud-enabled platform offers real-time monitoring and remote access from anywhere in the world.

Designed for affordability, Aigro eliminates heavy upfront costs with a subscription model that includes regular upgrades from ongoing R&D, ensuring farms stay future-ready. 

Subscribers can also benefit from 24/7 monitoring and dependable support through Aigro’s Operations Monitoring Center, empowering smart farmers with enhanced control and efficiency.

6. Vidanex

Vidanex, the first spin-off company from the International Medical University, leverages AI-powered pathology solutions to revolutionise cancer diagnosis using advanced digital imaging.

Co-founded by A/Prof Elaine Chan Wan Ling in November 2023, Vidanex accelerates diagnostic timelines by using advanced algorithms to deliver precise, efficient, and timely results. 

By integrating AI with medical imaging, the company aims to enhance patient outcomes through quicker interventions and personalised treatment, particularly benefiting remote areas. 

Dedicated to innovation, precision, and accessibility, Vidanex also collaborates with healthcare providers and researchers to pioneer new standards in cancer diagnostics while ensuring data security and democratising access to advanced medical technologies.

7. Renewcell

Renewcell offers an innovative, eco-friendly solution to extend battery life using a patented, chemical-free regeneration process powered by electricity. This method doubles battery lifespan, reduces costs, and has regenerated over 12,000 batteries since 2012, cutting 24 metric tons of CO2 emissions, according to their website.

Additionally, Renewcell integrates IoT telematics for efficient monitoring and management of batteries and related equipment, helping businesses optimise asset performance while supporting sustainability goals.

8. Materials In Works

Materials in Works (MIW) addresses Malaysia’s mounting paper waste problem by upcycling leftover paper liners from the packaging industry into recovered cellulose pulp. This serves as a sustainable raw material for premium paper products such as speciality papers, tissues, and food packaging. 

Founded by John Ooi Chong Sen and supported by Dr Leh Cheu Peng, MIW employs IP-protected green chemistry solutions to divert valuable resources from landfills, helping reduce CO2 emissions by 79% and saving thousands of trees annually. 

With five years of rigorous R&D, including challenges posed by the COVID-19 lockdowns, the company successfully scaled its innovative technology and raised over RM2 million in crowdfunding.

MIW operates on a circular economy model, charging waste collection fees and reintroducing upcycled cellulose pulp into the production chain, benefiting both the environment and paper product manufacturers. 

9. Pacton Technologies

Pacton Technologies specialises in providing end-to-end custom electronics design and prototyping services, offering tailored hardware and software solutions that align with clients’ visions. 

Their expertise spans from initial design and industrial product design to comprehensive software and firmware development, ensuring seamless integration of code and circuitry. They also offer 3D prototyping, manufacturing documentation, and automated assembly testing, ensuring quality and efficiency.

Additionally, the company is pushing the boundaries of innovation with advanced AI development, refining models, and enabling intelligent device synchronisation, positioning themselves as a leader in creating the future of electronics.

A journey of growth and mentorship

The accelerator was an eight-week journey packed with masterclasses, mentorship, and industry engagement opportunities. Participants gained valuable insights from experts, developed their business strategies, and pitched their ideas to potential investors and industry leaders during Demo Day.

“Malaysia’s potential to be a global innovation hub is undeniable,” shared Safuan Zairi, Chief Ecosystem Officer of MRANTI. “The GAP programme has been instrumental in helping startups translate their ideas into real-world success stories, and we’re committed to continuing this momentum.”

One of the standout features of GAP 2024 was a collaboration with the Asia School of Business (ASB), offering startups a chance to be nominated for the prestigious Earthshot Prize. 

Founded by Prince William, the prize recognises transformative solutions that repair and regenerate the planet. This partnership underscores the programme’s dedication to sustainability and global impact.

Since its inception, MRANTI GAP has supported 58 market-ready companies, generating RM67.28 million in combined revenue and investment. This success is a testament to the programme’s ability to drive economic growth while fostering innovation.

By providing funding opportunities, mentorship, and access to a global entrepreneurial ecosystem, MRANTI ensures that participating companies are equipped to scale their innovations beyond Malaysia.

Learn more about MRANTI here.

Read other articles we’ve written about Malaysian startups here.

Featured Image Credit: MRANTI