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MRANTI partners pitchIN as it targets to help 15 startups/spinoffs raise funding by end 2023

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Aims to tap pitchIN's specialised Funding Accelerator programme Collaboration will pave way for a vibrant and dynamic innovation environment Malaysian Research Accelerator for Technology & Innovation (MRANTI), a commercialisation catalyst in the technology and innovation ecosystem and pitchIN, a Malaysian digital fundraising and investment provider, announced a partnership aimed at accelerating the investment landscape for Malaysian startups and spinoffs, specifically those that have been working with MRANTI.

Collaboration will pave way for a vibrant and dynamic innovation environment

The target this year is to help 15 tech startups and spinoffs from MRANTI raise funds from investors on pitchIN while receiving non financial support and guidance from MRANTI. Specifially, pitchIN will conduct its specialised Fundraising Accelerator programme for the MRANTI startups and spinoffs to guide entrepreneurs through the fundraising process.

FA, launched in Nov 2021 by pitchIN is a programme designed to assist founders with limited or no experience securing funding from external investors by equipping them with the necessary techniques and knowledge. A total of six cohorts across three cities, namely Kuala Lumpur, Penang, and Kuching in Sarawak have been run with over 60 companies and 120 founders assisted.

[Ed note: Malaysia currentlybased on the 2022 rankings, making the target of a Top 20 spot in seven years a highly ambitious, even unrealistic one.]

Source: News Formal (newsformal.com)

 

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