Cyberview Living Lab innovators garners interest for investment worth RM13.3 mil

THE Cyberview Living Lab Accelerator (CLLA) has yet again revealed five upcoming startups who pitched their innovative solutions on its Demo Day, attracting investment interest from investors and venture capitalists worth RM13.3 mil.

The five local startups, namely Creative Sandbox, Internspoon, ITXOIC, NEXPLatform and SERV, presented solutions for fast-growing tech sectors such as educational technology (EduTech) and property technology (PropTech), among others.

Cyberview Sdn Bhd managing director Najib Ibrahim said: “No industry was left untouched by the changes brought by the pandemic. However, it is encouraging to see how hungry innovators are quick on their feet in developing digital solutions that can cater to the changing consumer demands.”

So far, Cyberview has nurtured 80 start-ups to advance their innovations through the CLLA Programme since its inception in 2013.

The CLLA programme has helped start-ups raise over RM87 mil in total investments and generated more than RM218 mil in total revenue, as well as created more than 550 jobs to date.

Among the successful graduates include TheLorry, MoneyMatch, Billplz, JomParkir and MedKad.

To further strengthen the city’s technology ecosystem, Cyberview unveiled the new masterplan for Cyberjaya this year.

Apart from driving greater collaboration amongst start-ups and businesses, the masterplan will focus on five key elements including facilities, community, activities, experience, and incentives that are imperative in the development of Cyberjaya as a leading innovative Global Tech Hub. – Dec 23, 2020

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