Malaysian energy giant PETRONAS has announced the top 25 startups from the Asia Pacific graduating from its technology accelerator programme, FutureTech 3.0, which was powered by StartupX.
The startups — operating across sustainability, the future of energy & mobility, industry & work, chemicals & materials, and frontier technology — have undergone 16 weeks of acceleration and mentorship. The programme serves as a platform for the energy group and its regional corporate partners to influence the tech-driven startup ecosystem by serving its business needs and creating a positive socio-economic impact for the community and the nation.
The PETRONAS FutureTech 3.0 Demo Day will happen in Kuala Lumpur on October 31.
Check out the 25 startups graduating from FutureTech:
A2Tech (Malaysia)
A2Tech specialises in building and developing robotics solutions, primarily focusing on inspection for dirty, difficult and dangerous jobs. It has developed three robotic systems for duct inspection and cleaning, tank inspection and cleaning, gas inspection and pipeline inspection using its differential mechanism mobile robotics technology.
Augmentus (Singapore)
Augmentus uses intelligent 3D scanning and AI robot motion planning systems to enable no-code robot programming in minutes. Its proprietary technologies enable rapid digitisation of the work environment, automated robot path generation, and an intuitive graphical interface that eliminates the need for coding and CAD files in robot teaching.
Beep (Singapore)
Beep builds common networks in fragmented ecosystems empowered by IoT to drive data interoperability and better user experiences. It claims to have helped power over 33 million transactions across thousands of touchpoints in five countries.
Also Read: Botsync’s automatic mobile robots want to lift APAC’s logistics sector to the next level
Botsync (Singapore)
Botsync builds heavy-duty autonomous mobile robots to help companies transition from manual operations to automation in less than a week. Its solution automates the movements of loads such as pallets, trolleys, cages, and custom structures across existing factory floors and warehouses with minimal changes to current infrastructure.
DiviGas (Australia)
DiviGas has invented a new process for manufacturing membranes (used for hydrogen recovery and purification). The membrane fibre developed by DiviGas can replace complex, energy-intensive, and toxic sorbent-based alternatives.
Enoku (Malaysia)
Enoku aims to bridge the gaps between persons with disabilities and employers. For persons with disabilities, it levels the playing field in employment to ensure everyone will receive the same opportunity and maximise their employment duration. For employers, it assists in reimagining their business strategy to eliminate systemic bias, spark broader social change, and create competitive advantage.
Entomal Biotech (Malaysia)
Entomal focuses on biowaste treatment and organic by-product upcycling by utilising the larvae of the black soldier fly. It was founded to create regenerative economics, also known as circular economy, a holistic solution for humanity’s crisis (food security, climate change).
Evfy (Singapore)
Evfy provides a 100 per cent electric van fleet, warehouse, and proprietary technology with zero-carbon emissions aimed at last-mile logistics.
Hydrexia (Australia)
Hydrexia specialises in solid-state hydrogen storage equipment that stores hydrogen in solid form based on a proprietary magnesium alloy. This technology enables hydrogen to be stored more economically with less space and weight, at much-reduced pressure and with increased safety. This enables existing merchant hydrogen markets to be serviced better for lower cost and increases the potential of hydrogen as a clean energy carrier.
ION Mobility (Singapore)
ION Mobility is a smart electric motorbike company. It aims to lead the region’s transition towards a low-carbon economy with consumers’ electric and electric mobility products. It wants to provide clean alternatives for urban users to alleviate urban air pollution and lead the transition to electric vehicles across Southeast Asia, starting with motorbikes. The plan is to convert the 200-plus million motorcycle users from petrol to electric to drive a sustainable future in Southeast Asia.
Kazam (India)
Kazam is creating an ecosystem in the EV space, a super app for all charging needs of an individual driver. It also builds ERP software for organisations to manage charging hardware to control, assess, analyse and manage CPs and fleets. It also creates micro-entrepreneurs, who can own plug-and-play charging stations, which are IoT-enabled for unmanned management and monetisation of energy & parking space.
Also Read: Gobi, Petronas arm join forces for sustainable innovation in SEA, Greater Bay Area
Magorium
Magorium is a deep-tech startup with a solution to the plastic waste problem. Its technology converts contaminated and unsorted plastic into a new road construction material to pave greener roads. This aims to create a more sustainable construction sector using waste-derived materials.
Midwest Composites (Malaysia)
Midwest Composites is a composite engineering firm specialising in providing solutions to companies interested in using advanced composites and biocomposites in their business to help them realise their full potential. Its products primarily include Glass Fiber Reinforced Polymers (GFRP), Carbon Fiber Reinforced Polymers (CFRP) & Natural Fiber Reinforced Polymers (NFRP).
MYCL (Indonesia)
MYCL creates a sustainable leather-like material with mushroom technology called MYLEA. It’s an environment-friendly and recyclable material made from agricultural waste bound together with mushroom mycelium.
Semart (Malaysia)
Semart aims to provide street vendors with clear business insights, simultaneously improving their business operations. This enables them to make informed, timely and profitable business decisions and further explore growth opportunities for their business.
Open Energy (Singapore)
Open Energy offers HyperSwap, an advanced and cost-effective EV fleet battery swap solution. Its stations integrate into existing energy infrastructure, acting as distributed energy storage units to stabilise the grid.
Accacia (India)
Accacia is an AI-enabled platform to help real estate and infrastructure companies (developers, asset managers, financial institutions, operators, and governments) meet their net-zero goals. Its platform automates the measurement of scope 1, 2, and 3 carbon emissions for operating assets and embodied carbon for under-construction assets. It allows companies to track emissions at the asset and portfolio levels with full consideration of organisational boundaries defined by the GHG Protocol. Along with asset-level emissions, our platform helps asset managers track environment-related climate risks for their portfolios.
Also Read: PETRONAS FutureTech 2.0 to catalyse tech startup innovation in the energy sector
Qarbotech (Malaysia)
Qarbotech is a nanotechnology-enabled agritech provider in Asia for sustainable agriculture and horticulture. It encourages the adoption of sustainable products and technologies among agropreneurs. The firm builds professional knowledge, skills and competence in agropreneurs and a circular bio-based economy for agriculture and horticulture.
SAPOT Tech (Malaysia)
SAPOT is a digital self-care and social support platform that helps young adults with poor mental wellbeing to manage their thoughts and emotions.
SunGreenH2 (Singapore)
SunGreenH2 transforms green hydrogen production from electrolysis with proprietary technology to manufacture high-performance, low-cost electrolyser components using advanced nanostructured materials.
Tigasfera (Malaysia)
Tigasfera is an industry innovator in sustainability with a primary focus on waste-to-energy by developing distributed energy systems that convert waste at the point it is generated into energy at the point it is needed.
Also Read: Malaysia’s Petronas sets up US$350M VC fund to invest in tech startups around the world
TraceX (India)
TraceX is a next-generation digital agriculture platform that leverages blockchain to connect multiple participants across the food and agri supply chain and help them securely exchange verifiable and auditable data.
V-Cred (Malaysia)
V-Cred is an AI software startup that helps companies perform due diligence with less time.
Wildfire Energy (Australia)
Wildfire Energy is a renewable energy startup developing technology for gasification and waste-to-energy applications. Wildfire has developed a gasification process to enable the cost-effective conversion of low-value biomass and waste feedstocks into high-quality syngas for electricity generation and the production of fuels and chemicals.
Zapp World (Malaysia)
Zapp is a sustainable, decentralised decarbonisation climate-tech venture. Its focus is on commercialising technologies that drive decentralisation and decarbonisation solutions. It partners with corporates to accelerate the transition to net zero, fostering joint ventures and partnerships that make a real impact.
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Image Credit: PETRONAS
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