- Startup World Cup Malaysia 2018 is part of a global conference and pitch competition that carries a US$1 million investment prize money.
- The event aims to connect local startups to resources in Silicon Valley.
- Runcloud.io took home the Malaysian edition grand prize and is set to represent Malaysia at the Grand Final of the Startup World Cup in Silicon Valley.
With a userbase of over 6,000 from more than 50 countries, Runcloud.io emerged as winner of the Startup World Cup Malaysia 2018.
Organised by Fenox Venture Capital in partnership with Malaysia Digital Economy Corporation (MDeC), Malaysia Digital Hub and Sunway iLabs, the event was held in Sunway iLabs with the aim of connecting local startups to resources in Silicon Valley.
The Malaysian edition is part of the Startup World Cup 2018, a global conference and pitch competition, carrying a US$1 million in investment prize money, that brings together top startups, venture capitalists, entrepreneurs and global tech CEOs.
Founded by Arif Tukiman, Amir Fazwan and Ahamad Fikrizaman in 2012, Runcloud.io aims to simplify the arduous process of setting up, managing and monitoring cloud servers.
The team won flight tickets and the opportunity to attend workshops, a networking party, and represent Malaysia at the Grand Finale of the Startup World Cup in Silicon Valley in May this year.
Among the judges on the panel included Sun Sea Capital Venture Principal Chua Seng Teong, Leonie Hill Capital Head of Investments (technology media and telecom sector) Thoo Wee Meng, MDEC Head of Funding Ecosystem Balasubramaniam, Jirnexu Founder and Director Hann Liew; Captii Ventures’ CEO SaiKit Ng, Sunway iLabs Director Matt van Leeuwen, and SEA Regional Manager of Fenox Venture Capital Retno Dewati.