adminCYBERJAYA, June 17 (Bernama) — The Cyberview Living Lab Accelerator (CLLA) has helped 177 startups raise more than RM285 million in investments, generate over RM891 million in cumulative revenue and create 1,800 jobs since its inception in 2013, reflecting the programme’s growing impact on Malaysia’s startup ecosystem.
Head of Cyberview’s Technology Hub Development Division, Shafinaz Salim, said those achievements highlight the role of one of the country’s longest-running accelerator programmes in helping early-stage companies move from product validation to commercialisation, investment readiness and market expansion.
“The programme reflects Cyberview’s commitment to helping founders build ventures that are not only commercially viable, but capable of creating meaningful impact.
“At Cyberview, we design CLLA with the intent of moving start-ups closer to adoption, getting them into real environments, connecting them with industry players and challenging them to build solutions that can actually be deployed, because ultimately, an innovation only matters if it leaves the room and enters the real world,” she told reporters after the CLLA Cohort 21 Demo Day, here yesterday.
Shafinaz said several startups from the latest Cohort 21 have already begun translating innovation into tangible business outcomes, demonstrating the programme’s emphasis on real-world adoption and growth.
Among them is Xylorix, whose artificial intelligence (AI)-powered timber identification technology recently gained international exposure through forestry enforcement initiatives in Liberia.
“Its Xylorix Enforcer application was introduced during a joint law enforcement training programme led by the United States Department of Agriculture Forest Service, supporting efforts to strengthen timber verification and combat illegal logging and transboundary timber trafficking,” said Shafinaz.
She said another participant, SpaceIn, initiated a satellite Internet of Things (IoT) trial with Myriota, marking an important step towards developing a scalable satellite IoT ecosystem in Malaysia.
“The trial is expected to support future applications across agriculture, maritime, logistics and environmental monitoring sectors,” she noted.
Meanwhile, Shafinaz said agritech startup, [0]inc secured RM1.4 million in seed funding after refining its business structure and investor pitch through mentorship received during the accelerator programme.
“We make sure that the products and ideas they push have marketability. It must be scalable and not be limited to Malaysia, but potentially serve regional and international markets,” she explained.
She said Cyberview also evaluates startups based on their potential to attract venture capital, angel investors and strategic partnerships capable of supporting future growth.
According to Shafinaz, support begins from the selection stage, with startups receiving coaching and mentorship to address gaps and strengthen their business propositions before being introduced to Cyberview’s network of industry players, corporates and government agencies.
The programme, she said, has evolved over the years, with the duration shortened to four months from more than six months previously to help startups bring products to market faster and seize business opportunities more effectively.
The accelerator’s objective is not merely to support startups but to move them closer to market adoption by connecting founders with industry players and exposing them to real operating environments, she said.
At the Cohort 21 Demo Day, 10 finalists were selected from an initial pool of 25 startups, with their combined pre-money valuation estimated at approximately RM154 million.
Xylorix emerged as the Judges’ Favourite and received RM5,000 in prize money, while Dataverse Sdn Bhd (Mampu AI) won the Crowd Favourite award and took home RM3,000.
— BERNAMA
