Malaysia’s NEXEA invests $60,160 into five local early-stage startups

NEXEA chose the top five startups from NEXEA Startup Accelerator and Startup-Corporate Pilot programs.

Malaysia’s NEXEA invests $60,160 into five local early-stage startups | BEAMSTART News

NEXEA Angels Sdn Bhd, Malaysia’s top startup investment firm invests $60,160 into five startups chosen from NEXEA Startup Accelerator and Startup-Corporate Pilot programs — HAUZ, Lokein, Krenovator, Prepay, and Reemedy.

During the Demo Day on 14th November in Kuala Lumpur, the five startups pitched to NEXEA angel investors, corporate partners, and key startup ecosystem players.

- Featured Sponsor -

NEXEA team

The Startup-Corporate Pilot Program aims to connect large corporates with promising startups, with corporate partners on board such as Digi Telecommunications Sdn Bhd, HELP University Sdn Bhd, Rhombus Connexion Sdn Bhd, and Spritzer Bhd.

More on the five startups, they’re all in different sectors, with each getting a fund of $12,000:

  • HAUZ is in the workforce management sector
  • Lokein is an online vintage marketplace
  • Krenovator is an IoT learning platform
  • Prepay is an escrow service for buyer and seller
  • Reemedy is a multi-vendor medical supply marketplace
“We’ve been working closely with HAUZ, Lokein, Krenovator, Prepay, and Reemedy for the last few months. As they were at the early stage of their startups, they had plenty of rooms to improve, from perfecting their business model to adopting a growth strategy that would build their traction. So, our mentors were there to help and provide guidance aside from allowing these startups access to funding, and relevant workshops.”, mentioned Ben Lim, Managing Partner of NEXEA.

Please log in to read this article.

Join the BEAMSTART Community today and enjoy the following:

  • Get access to members-only content.
  • Expand your network and exchange messages with other members.
  • Promote your company, post up jobs, find customers, and raise funds.
  • Receive special invitations to upcoming events and community activities.
  • and lots more!

BEAMSTART is a Hub for Startup News, Business Networking, and Entrepreneurial Resources. Expand your network, discover new possibilities, and tap into a vast database of resources that can help you go further in your business and career.


Download the App

The app for business networking and startup resources. Be part of the global community of CEOs, Business Leaders, and Professionals. Download below to instantly form partnerships and discover opportunities:

PlayStore ButtonAppStore Button

© 2016 - 2021 BEAMSTART. All Rights Reserved (Legal).