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Sunway iLabs concludes 4th iLabs Super Accelerator with investment into five startups

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Over the last 4 months, five startups have benefited from mentorships & sharing sessions conducted by founders & investors across the region & have received funding of up to US$96,000 from SunwayiLabs

eceive US$56k at the start with follow on funding of US$40.12k after Demo DaySunway Innovation Labs , the innovation arm of Sunway Group and Sunway University has concluded the fourth batch of its’ flagship Super Accelerator with a Demo Day where the top five startups pitched to a room of over 100 Angel investors, venture capitalists, and industry leaders.

“Over the past few years, many pilot projects have been initiated to connect startups to the Sunway ecosystem, and with further funding opportunities given through our corporate venture capital arm, SunSEA Capital, and VCs that we actively partner with, like Kejora Capital, Gobi Partners, MAVCAP, Hive South East Asia, and Penjana Kapital. Sunway has invested over US$44.

As of the Demo Day, this batch of accelerator startups have run seven projects with the different Sunway business units and another five are in the planning stage.

 

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