Web2ship Services, which helps online sellers to group-buy cross-border shipping services, has won the Malaysia round of Seedstars World 2019 — a seed-stage startup competition for emerging markets and fast-growing startup scenes.

Mentari Alam EKO (MAEKO), a startup that converts food waste into bio-organic compost for agriculture, grabbed the second spot, while iMotorbike, a motorcycle marketplace connecting motorcycle buyers, sellers and service providers, came third.

A total of eight startups were invited to showcase their products. They were BuildEasy, Harvestnet SB, HelloWorld Robotics, Intuitive Asset, and Kravve.

“Seedstars World Kuala Lumpur gave us the exposure and PR we needed while fundraising. In the last few days, we have had many VCs as well as potential clients and partnerships adding us on Linkedin,” said Alex Cheong, Co-founder of Web2ship.

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Web2ship will represent Malaysia at the Seedstars Summit in Switzerland in April 2020. It is a week-long training programme, with the opportunity to meet the 65-plus winners from other fast-growing economies, as well as investors and mentors from around the world. Regional winners, including Web2Ship, will pitch in front of an audience of more than 1,000 attendees, with the possibility of winning up to US$500,000 in equity investment and other prizes.

Seedstars is a Swiss-based private group of companies with a mission to impact people’s lives in emerging markets through technology and entrepreneurship. The groups’ activities cover over 80 emerging ecosystems through a variety of events such as the Seedstars World Competition, acceleration programmes, physical hubs called Seedspace, venture capital investments and company building activities.

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