The SaaS will compete with startups from around the world in the grand finale and stands a chance to take home the trophy and US$1 million investment prize

Cloud SaaS startup Runcloud.io has emerged as the winner of the Startup World Cup Malaysia 2018.

Runcloud.io — which aims to make it easy deploying, configuring, managing and monitoring cloud servers — will participate in the grand finale, to be held in Silicon Valley on 11 May 2018, where startups from around the world will pitch their ideas to a panel of prominent judges for a chance to take home the trophy and US$1 million investment prize.

“We now have a user base of over 6,000 from more than 50 countries worldwide. We are grateful for the win and we are confident that we will be able to make Malaysia proud at the Startup World Cup in Silicon Valley,” said Runcloud.io CEO Arif Tukiman.

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Startup World Cup Malaysia 2018 is part of the Startup World Cup 2018, a global conference and pitch competition that brings together top startups, VCs, entrepreneurs and global tech CEOs. It has partnered with some of the world’s largest conference and tech events to host regional startup competitions leading to the grand finale. There were a total 30 regional events across North America, South America, Europe, Africa, Asia, and Australia.

The first ever Startup World Cup Malaysia was held by Fenox Venture Capital in partnership with MDEC’s Malaysia Digital Hub, and Sunway iLabs to connect Malaysian startups to the vast opportunities and resources available in Silicon Valley.

The panel of judges for Startup World Cup Malaysia 2018 were Sun Sea Capital’s Venture Principal, Chua Seng Teong; Leonie Hill Capital’s Head of Investments – Technology Media and Telecom Sector, Thoo Wee Meng; Malaysia Digital Economy Corporation (MDEC)’s Head of Funding Ecosystem, Balasubramaniam A; Jirnexu Founder and Director, Hann Liew; Captii Ventures’ Chief Executive Officer, SaiKit Ng: Director of Sunway iLabs, Matt van Leeuwen; and SEA Regional Manager of Fenox Venture Capital; Retno Dewati.

Retno Dewati, SEA Regional Manager of Fenox Venture Capital, said: “Malaysia has been rapidly gaining attention as one of the most exciting start-up hubs in Southeast Asia (SEA) with a robust startup ecosystem. There is a diversity of ideas and talents that would benefit from a connection to Silicon Valley. One of SEA’s unicorn, Grab, started out in Malaysia. We are pleased to have partnered with MDEC and Sunway iLabs, two prominent players in the startup ecosystem, to accelerate the growth of Malaysian startups and connect them to the global ecosystem,” she said.

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