Early-stage accelerator, ScaleUp Malaysia, has announced 20 Malaysian companies that have been shortlisted for the first cohort of their accelerator program.

The announcement was made in an official statement on the company's Facebook page.

All 20 shortlisted companies will receive a 2 month individualised gap analysis to identify key hot-spots that need fixing, and 10 of them will be shortlisted for an investment of RM200,000 (USD 48k) each.

The 10 selected companies for investment will then undergo an intensive period of coaching by ScaleUp Malaysia's partners and their team of mentors to help them scale to greater heights.

The shortlisted companies for the cohort are as follows:

• Huddle
• ATX
• Auto Craver
• Batik Boutique
• Camp 5
• Everpeaks
• Futurelab
• Carpit
• GOLOG
• Iimmpact
• Kwikcar
• MyAone
• getBiiB
• Truck Trader
• SecondCRM
• Tripcarte
• Wowintro
• Yellow Porter
• Sentuh
• Whimsigirl