DEMO DAY

03 . 12 . 2019

Empowering Innovation
AGENDA

13:00 pm – 14:00 pm Registration Opens

14:00 pm – 14:30 pm Welcome Remarks & Opening
14:30 pm – 15:00 pm Batch 1 Startup Pitches
15:00 pm – 15:10 pm Break
15:10 pm – 15:45 pm Batch 2 Startup Pitch
15:45 pm – 16:30 pm Networking
16:30 pm – 17:00 pm Award Ceremony
17:00 pm – 18:00 pm Networking
18:00 pm Event Ends
PETRONAS
Established in 1974, Petroliam Nasional Berhad (“PETRONAS”) is Malaysia’s fully
integrated oil and gas multinational ranked among the largest corporations on
FORTUNE Global 500®. As the custodian of Malaysia’s national oil and gas
resources, we explore, produce and deliver energy to meet society’s growing
needs. The growing demand for energy inspires and strengthens our purpose
to steadily drive for new solutions and push boundaries towards a sustainable
energy future.

For further information, please visit www.petronas.com

About 500 Startups
500 Startups is a venture capital firm on a mission to discover and back the
world’s most talented entrepreneurs, help them create successful companies at
scale, and build thriving global ecosystems. We are one of the most active seed
stage venture capital firms in the world. Since our inception in Silicon Valley,
500 Startups has invested in over 2,200 companies via our 4 global funds and
15 thematic funds dedicated to either specific geographic markets or verticals.
Our 100+ team members are located in multiple locations worldwide, with 500
Startups’ global portfolio of investments spanning over 60 countries. Notable
portfolio companies include: Twilio (NYSE: TWLO), SendGrid (NASDAQ: SEND),
Credit Karma, Grab, Carousell, Udemy, Kudo (acquired by Grab), Talkdesk,
Makerbot (acquired by SSYS), Wildfire (acquired by GOOG), and Viki (acquired
by Rakuten).

PETRONAS
FutureTech Accelerator
500 Startups and PETRONAS have partnered to launch the first FutureTech
Accelerator.

A total of 19 companies have been selected from 150 applications after a

nationwide search. While they bring brand new ideas, they are mostly
‘post-seed’ companies with tens of millions of ringgit of cumulative revenues,
and many of which have already raised funding. They participated in our
8-week program to learn from 500 Startups and PETRONAS Business Unit
Leaders on how to scale their ventures.
 JUDGES

Dzuleira Abu Bakar Jamaluddin Bujang (JB)

MaGIC Gobi Partners

Ezra Leung Khailee Ng Dr. Issam Dairanieh

Sumitomo Corporation 500 Startups PIVA
Equity Asia (SCEA)

Woo Chee Ho Yanika Chanapol

PETRONAS CVC PTT CVC
 Our
Startups
ADEASY FOUNDED, 2017
https://adeasy.co/

Company Stage
PRE-SERIES A

Company Description
AdEasy is an online marketplace for offline advertising. It is a one-stop-platform
for advertisers to browse and book offline advertising spaces such as radio,
cinema, billboards, magazine, newspaper, television, car, etc. The platform
offers transparent information and rates for advertisers to book the right
advertising space for their business.

Business Model
We charge a commission for every booking made on our platform to our media
partners.

Traction
Total Revenue to Date (USD) # of Customers to Date MoM Customers Growth (%)

1,427,084.00 30 –

Target Market
Startups / ScaleUps Contact
SMEs Melissa Sim
[email protected]
+60 162031177
BILLPLZ FOUNDED, 2015
https://www.billplz.com

Company Stage
PRE-SERIES A

Company Description
Billplz is a payment platform for merchants to pay and get paid fastest, at the
lowest cost possible.

Today, Billplz average daily collection is RM3 million for 1,900 daily active
merchants. And annual revenue grew 3x for the last 3 consecutive years.

Business Model
We charge a commission for every booking made on our platform to our media
partners.

Traction
Total Revenue to Date (USD) # of Customers to Date MoM Customers Growth (%)

1,500,000.00 1,900 –

Target Market
SMEs (B2B & B2C)s Contact:
Nazroof Hakim
[email protected]
+60 162101501
BRAINTREE TECHNOLOGIES FOUNDED, 2017
www.braintreex.com

Company Stage
SEED

Company Description
Drone-as-a-Service & Robotics-as-a-Service for precision & automation of
agricultural works

Business Model
Robot-as-a-Service and Farming-as-a-Service.

Traction
Total Revenue to Date (USD) # of Customers to Date MoM Customers Growth (%)

200.00 10 –

Target Market
Agriculture Contact
Oil & Gas Arif Makhdzir
[email protected]
+60 192788712
DATALAKSA FOUNDED, 2018
www.datalaksa.com

Company Stage
SEED

Company Description
Datalaksa helps retailers organize, analyze and activate their marketing data to
enable higher profitable campaigns.

Business Model
We charge a combination of licensing on number of connectors and workflows
deployed.

Traction
Total Revenue to Date (USD) # of Customers to Date MoM Customers Growth (%)

1,000,000.00 23 –

Target Market
Retailers with 10 outlets or more Contact
Chu Tzu Ming
[email protected]
+60 193168813
DESIGHT FOUNDED, 2019
www.t-asv.com

Company Stage
SEED

Company Description
Desight is a low bandwidth, low energy intelligent IoT sensor powered by
microwave with edge processing capabilities. It is an innovative module
developed by Teknologi ASV Sdn Bhd which was established in 2017. The
challenge of most sensors in the market is the lack of accurate data collection.
Desight was created with the passion of wanting to help business save time and
money whilst gaining powerful actionable insights deep into the physical world,
giving unparalleled control over technology we interact with. Through machine
learning, Desight is able to identify and predict operational challenges and
triggers rule based action in real time.

Business Model
Sale and distribution of sensors, subscription, maintenance and data as a
service.

Traction
Total Revenue to Date (USD) # of Customers to Date MoM Customers Growth (%)

0 2 –

Target Market
Infrastructure (Traffic and Asset Monitoring), Oil & Gas, Industrial Contact
Manufacturing, Retail, Property Management Companies Rachel Feng
[email protected]
+60 102205016
DROPEE FOUNDED, 2017
www.dropee.com

Company Stage
PRE-SERIES A

Company Description
Dropee is a B2B platform that aims to simplify the way businesses procure
goods. We do so by enabling businesses to buy and sell in bulk in a convenient
and transparent manner. Through our platform, companies are now able to
streamline operations and have maximum real-time analytics visibility that
increases overall business effectiveness.

Business Model
Marketplace: commission based
SaaS: subscription

Traction
Total Revenue to Date (USD) # of Customers to Date MoM Customers Growth (%)

800,000.00 3,000 45

Target Market
SMEs, FMCG, Convenience stores, F&B Contact
Lennise Ng
[email protected]
+60 125183009
EVENERGY FOUNDED, 2019
evenergy.network

Company Stage
SEED

Company Description
Integrated marketplace and registry for Reneable Energy Certificates (RECs).
Today, to trade RECs Sellers first have to go through a laborious, manual audit
to verify their production. Certificates are then sold in an opaque market, which
is dominated by middlemen. And finally, buyers carry the whole burden of
incorporating RE into their sustainability reporting.

With Evenergy, this all changes. We are the first to integrate the whole process
onto a single platform, in which audits are automated; pricing is transparent;
and RE integration in sustainability reporting is easy.

Business Model
Platform - transaction fees

Traction
Total Revenue to Date (USD) # of Customers to Date MoM Customers Growth (%)

0 0 –

Target Market
Renewable energy producers Contact
Corporations with sustainability agendas Mathias Varming
[email protected]
+60 149308674
EXTRACT AI FOUNDED, 2019
extract-ai.com

Company Stage
SEED

Company Description
Extract AI provides a Machine Learning platform that allows anyone to obtain
useful analytics from their data with a few clicks - no expertise required.

Business Model
Integration fee + Monthly subscription fee

Traction
Total Revenue to Date (USD) # of Customers to Date MoM Customers Growth (%)

17,400.00 3 –

Target Market
Oil & Gas, Utilities, Banking, Telcos, SMEs Contact
Jervis Ong
[email protected]
+60 1116638707
FACTOHUB FOUNDED, 2018
www.factohub.com

Company Stage
SEED

Company Description
Factohub is an end-to-end digital logistics platform connecting businesses to
reliable suppliers and logistics providers.

Our platform integrate with only the top suppliers such as from Alibaba and
other trusted sources for customers to procure quality products at the best
price and reasonable minimum order quantity (MOQ). Our partners will then
inspect the products to minimize business losses.

We curate professional shipping and lorry companies to be on our platform and

customers can book delivery by land, air and sea to Malaysia and Singapore.

We simplify the entire supply chain process that normally takes 3 weeks to just
2 hours. Our solutions enable businesses to grow their business faster.

Business Model
We take 10% to 30% commission from every transaction.

Traction
Total Revenue to Date (USD) # of Customers to Date MoM Customers Growth (%)

85,000.00 40 31

Target Market
Oil & Gas, Utilities, Banking, Telcos, SMEs Contact
Syahir Nawati
[email protected]
+60 123668594
GA ALLIANCE SDN BHD FOUNDED, 2018
www,ga-alliance.com

Company Stage
SEED

Company Description
A platform that brings together financial professional expertise and digital
solutions to transform the accounting functions of SMEs and conventional
accounting firms to achieve higher accuracy and value.

Business Model
Service Subscription
Audience: SMEs
Service: Digitize and automate accounting process.

Outsourcing Support
Audience: Accounting firms
Service: Digital transformation and business processing support.

Digital Transformation
Audience: Conventional accounting firms and SMEs
Service: Consultation to digitize a company's business processes, data analytic
and blockchain solution.

Traction
Total Revenue to Date (USD) # of Customers to Date MoM Customers Growth (%)

40,000.00 25 –

Target Market
SMEs - Approximately 1 million SMEs in Malaysia.
Accounting Firms - 75% of the firms which are not ready
for technological change in Malaysia and Contact
potential international firms located in high-cost regions. Raikk Chan
[email protected]
+60 123668594
HEY ALFRED FOUNDED, 2019
www.heyalfred.co

Company Stage
PRE-SEED

Company Description
Hey Alfred is an AI driven personal finance assistant. Alfred is a consumer facing
app that automatically tracks assets and liabilities to better visualise,
understand and manage personal finance.

Business Model
B2b - Collaborative content through partnership by using our personalised
recommendation engine.

Traction
Total Revenue to Date (USD) # of Customers to Date MoM Customers Growth (%)

0 1,000 –

Target Market
Financial Institution
SME Contact
Big Box Retailers Tengku Muhammad Shah (Moe)
[email protected]
+60 107945522
HITZETEK FOUNDED, 2018
www.aerogelmalaysia.com.my

Company Stage
SEED

Company Description
Hitzetek Sdn Bhd is a company that manufacture the first supercritical
insulation blanket made up of rice husk. The slogan of company "We Mitigate
Your Heat" fit the company purpose on offering an alternative towards faulty
traditional insulation.

There are many issues on the traditional insulation yet people are still reluctant
to change into another type of insulation.

XPanas, our insulation blanket obtains lowest thermal conductivity on the

insulation market with 0.016 W/m.K. However, our best properties of XPanas is
Hydrophobic. The hydorphobic properties allow our insulation to repel water
thus avoid the presence of moisture that lead to corrosion.
Both properties already been tested and verified with legitimate testing
laboratories (SIRIM & SGS).

At Hitzetek, we are providing an alternative to help those who are tired of facing
the Corrosion Under Insulation (CUI) issue. Break free from the norm. Stop
wasting money every year on something you can change.

Business Model
Manufacturing & Sales

Traction
Total Revenue to Date (USD) # of Customers to Date MoM Customers Growth (%)

61,000.00 7 –

Target Market
Oil & Gas, Power Generation, Contact
Refinery, Petrochemical Operation & Manufacturing Nik Faiz Ikram
[email protected]
+60 1126823435
IGL COATINGS FOUNDED, 2015
www.iglcoatings.com

Company Stage
PRE-SEED

Company Description
We are the manufacturers of eco-friendly coatings. IGL Coatings is IS0 9001:
2015 certified and is the only coating with its nano-technology audited and
verified by Nanoverify Malaysia. Our products are TUV Rheinland tested and
REACH complaint.

Our product range includes multiple surface coatings, cleaning and

maintenance for various surfaces including paint, glass, metals, plastic and
fabrics. Our coatings protect the coated surface from unwanted contamination
and harsh environment damage.

We are currently distributed in 50 countries worldwide by distributors, key

markets in North America & Europe. We are keen on expanding and is on the
constant lookout for strategic partners.

Business Model
Distribution
Direct Marketing
Direct Sale

Traction
Total Revenue to Date (USD) # of Customers to Date MoM Customers Growth (%)

4,500,000.00 5,000 –

Target Market
Distributors - Exclusive Country, sub distributors Contact
Industries suffering from Corrosion - Transportation, Industrial, Keong Chun Chieh
[email protected]
+60 178888289
INFERENCE FOUNDED, 2019
https://inference.asia/

Company Stage
SEED

Company Description
Inference Tech is an artificial intelligence (AI) total solution provider based in
Malaysia. Inference develops AI-driven solutions for variety of sectors and use
cases. Inference’s solutions are based on deep learning, face and object
recognition, and computer vision technologies.

Combining these latest AI technologies with beautiful web and mobile apps,
Inference aims to empower organisations to increase automation, reduce costs
and improve productivity.

Inference’s core competencies are Artificial Intelligence & Machine Learning,

Data Analytics & Visualization, Augmented Reality & Virtual Reality, Web, Mobile
& Desktop Applications

Business Model
Inference is implementing two business models, which are Licensing Pricing
and Subscription Pricing. Pricing will be based on specific project requirement
combining hardware procurement and AI-software development.

Under the Licensing Pricing, Inference is providing AI development to the

clients, with a 1-year support. Under the Subscription Pricing, a minimum
leasing or rental period commitment of a minimum 1 year or 2 years by the
clients are compulsory.

Traction
Total Revenue to Date (USD) # of Customers to Date MoM Customers Growth (%)

250,000.00 4 –
Target Market
Oil & Gas, Smart Cities,
Security & Surveillance, Contact
Building & Infrastructure, Utilities Mohd Izad bin Che Muda
[email protected]
+60 179796163
JOMCHARGE FOUNDED, 2013
www.jomcharge.com

Company Stage
PRE-SERIES A

Company Description
JomCharge is an EV charging solution provider, where we install and operate
EV charging network. Through our app, JomCharge connects the EV users with
the chargers, so that they always know When and Where to get their EV
charged.

Business Model
- Commission through pay-per-charge when EV owners use the charger
- Monthly subscription based for EV users to use the charger
- Fees from hosting and operating EV chargers

Traction
Total Revenue to Date (USD) # of Customers to Date MoM Customers Growth (%)

0 10 –

Target Market
Oil & Gas (petrol retail stations)
Developers
Premise owners Contact
EV users Lee Yuen How
[email protected]
+60 17255 9777
POMEN FOUNDED, 2018
www.pomenapp.com

Company Stage
SEED

Company Description
Pomen is an Automotive Aftermarket Platform that connect cars and
motorcycle with nearby workshops or mechanics, from breakdown cases to
scheduled maintenance in just a couple of taps by using Pomen App. We also
provide API for other platforms to seamlessly connect and aggregate all the
request to our merchant network.

Pomen enterprise solution provides corporation to manage their fleet

maintenance and giving them insight on their overall fleet maintenance
expenses.

Our vision to be the automotive data company providing aftermarket insight.

Business Model
Commission per transactions and Subscriptions for fleet.

Traction
Total Revenue to Date (USD) # of Customers to Date MoM Customers Growth (%)

20,000.00 10,000 20

Target Market
Vehicle owners,
Car & Bike workshop owners,
Car/Bike Rental Companies, Contact
Telematics companies, e-Hailing Syed Zulhilmi Tuan Sharif
[email protected]
+60 192892728
QOALA TECHNOLOGY SDN. BHD. FOUNDED, 2018
https://qoala.app/

Company Stage
PRE-SERIES A

Company Description
Qoala is an insurance technology company that uses data and technology to
create new insurance products, integrate insurance into digital platforms, ease
and speed up claims, as well as reduce the cost of insurance.

Qoala operates as a technology platform, but engages commercially with

partners and insurers as an insurance agent.

Business Model
Commissions and service fees.

Traction
Total Revenue to Date (USD) # of Customers to Date MoM Customers Growth (%)

0 500,000 20

Target Market
Insurers, Automotive and telematics companies,
Agriculture businesses, Logistics service providers, Contact
Travel businesses Calvin Teng
[email protected]
SOLS ENERGY FOUNDED, 2016
www.solsenergy.com

Company Stage
SERIES A

Company Description
Malaysia’s first Solar Market Place, we help customers Discover, Install and
Finance their Solar energy systems for their homes & small businesses.

Business Model
Market place, Outright Purchase, Financing

Traction
Total Revenue to Date (USD) # of Customers to Date MoM Customers Growth (%)

850,000.00 102 –

Target Market Contact

Home owners and Small Business Owners Raj Ridvan Singh
[email protected]
+60 182247247
VIRTUAL X FOUNDED, 2019
www.virtualx.my

Company Stage
SEED

Company Description
Due to safety reasons, industrial trainings are mostly taught in classrooms,
which is 90% less efficient, as compared to hands-on training.

At Virtual X, we are going to change that!

We are a Virtual Reality Training Platform that provides interactive hands-on

trainings via a safe simulated space.

With us, industrial companies can save lives, and save money too!

Business Model
Subscription

Traction
Total Revenue to Date (USD) # of Customers to Date MoM Customers Growth (%)

11,000.00 1 –

Target Market Contact

Industrial & Manufacturing companies Jerome Kay
[email protected]
+60 122210989