Kuala Lumpur ranked 11th emerging startup ecosystem in the world.

The ecosystem value is valued at $15 billion, $5 billion above the global average.


Alfred Lee

2 Jul, 2020

Kuala Lumpur ranked 11th emerging startup ecosystem in the world. | BEAMSTART News

- From our Sponsors -

Kuala Lumpur, the capital of Malaysia, has been ranked as the 11th emerging startup ecosystem in the world in The Global Startup Ecosystem Report 2020 (GSER2020), by Startup Genome.

GSER2020 was launched last week in San Francisco CA, unveiling its research findings based on data from 1 million companies across 150+ cities worldwide.

Startup Genome benchmarked Kuala Lumpur’s performance against more than 250 ecosystems globally. 

The following were unveiled in the report, with Kuala Lumpur being ranked:

• Top 10 Emerging Ecosystem in Performance.

• Top 20 Emerging Ecosystem in Talent.

In addition, the report positioned Kuala Lumpur as an ideal locale for startups, citing low costs, high quality of living and talent, fast-tracked visas and robust government support as prime reasons for entrepreneurs to either start or move their businesses to Malaysia.

In expressing her delight, Surina Shukri, CEO of MDEC, attributed the positive rankings of Kuala Lumpur to the entrepreneurial vigour of local startup founders and the astuteness of the ecosystem players, which are aptly positioning Malaysia as the Heart of Digital ASEAN.

“We will not rest on our laurels and will remain steadfast in propelling Malaysia’s startup ecosystem to attain global recognition in the economic epicentres of every continent,” added Surina.

The GSER 2020 also provides guidance to both public and private leaders on how to foster thriving startup ecosystems, particularly on how governments worldwide can support and leverage tech ecosystems to restart stalling economies recovering from the pandemic lockdowns.

Find out how the entrepreneurial ecosystems across the world stack up and view the full report here.

- From our Sponsors -

Latest Jobs

Software Engineer

Solidroad

California,

Full Time

USD 170 — USD 220 yearly

Founding Software Engineer

Novoflow

California,

Full Time

USD 100000 — USD 200000 yearly

Applied AI Engineer

Argon AI, Inc.

New York,

Full Time

USD 200000 — USD 300000 yearly

Account Executive

Conduit

California,

Full Time

USD 160000 yearly

Founding Recruiting Lead

Confido

New York,

Full Time

USD 155000 — USD 185000 yearly

Machine Learning Intern

Bindwell

California,

Internship

USD 80000 — USD 120000 yearly

Founding Engineer

Simple AI

California,

Full Time

USD 100 — USD 200000 yearly

Senior Infrastructure Engineer

Greenlite

California,

Full Time

Salary Undisclosed

Founding Backend Engineer

QFEX

England,

Full Time

USD 50000 — USD 150000 yearly

Founding Engineer

Bild AI

California,

Full Time

USD 100000 — USD 180000 yearly

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest startup jobs, news, and discussions.

 
© 2016 - 2025 BEAMSTART. All Rights Reserved (Legal).