The Startup Ecosystem of Malaysia

Malaysia boasts 5 cities in the top 1000 and is one of South East Asia’s best countries for setting up a startup.

COUNTRY RANKING

Since 2022, Malaysia lost 2 spots in the Global Startup Ecosystem Index, having now positioned itself as 42nd worldwide.

Population

33.9
Million

Regional Ranking

3rd
-
1
In South East Asia

Global Ranking

42nd
-
2
Worldwide
Free Dashboard
Pro Dashboard

ECOSYSTEM

Browse the startup ecosystem database of Malaysia

Download the Global Startup Ecosystem Index 

Understand our ranking methodology and get the latest insights on the startup ecosystems of 100 countries and 1000 cities around the world!

Download

Ecosystem

The Startup Ecosystem in Malaysia

Our startup ecosystem map for Malaysia includes a sample of 282 tech companies. We have identified as unicorns 1 startups that have passed the USD 1 billion valuations. Contributing to the vitality of this startup ecosystem are the 1 pantheon member entities.

Global Rank

Malaysia is ranked within the top 50 startup ecosystems globally.

Top Industries

Malaysia’s startup scene is best represented in Ecommerce & Retail, Foodtech, and in and Transportation.

Top Cities for Startups in Malaysia - Ranked by StartupBlink
StartupBlink ranks the startup ecosystems of 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
Rows:
2022 National Rank & Change ▲
2022 National Rank & Change City
search leaderboards icon
Global Rank & ChangeTotal ScoreQuantity ScoreQuality ScoreBusiness Score
1st
0
88th
-
8
8.006
1.75
3.54
2.71
2nd
0
341st
+
8
1.581
0.23
0.19
1.16
3rd
0
998th
-
250
0.156
0.02
0.02
0.11
Page out of 1

Startups

Notable Startups in Malaysia
TNG Digital startup icon
TNG Digital
iFlix startup icon
iFlix
LottieFiles startup icon
LottieFiles

Startups

Successful Ecommerce & Retail startups in Malaysia
iPrice Group startup icon
iPrice Group
StoreHub startup icon
StoreHub
TheLorry.com startup icon
TheLorry.com

Startups

Startups Ranking by Industry

Ecommerce & Retail icon
Ecommerce & Retail
#32 worldwide

On our map, you can explore a total of 74 startups for Ecommerce & Retail.

Foodtech icon
Foodtech
#35 worldwide

In South East Asia, Malaysia's Foodtech is in top 35. Malaysia has a concentration of about 51 of the region's total Foodtech startups that are represented on our map.

Transportation icon
Transportation
#40 worldwide

Malaysia's Transportation is ranked 40th in the world. Our database contains 42 for this industry.

Explore More

Featured Ecosystem Portals

Go to portal
Go to portal

Work with us

If you are a startup ecosystem developer in Malaysia, you can grow your startup economy by becoming a partner.

Find out more

BLOG

Recent Posts

Tue Mar 14 2023

EP 33: Do Small Countries Have an Edge in Building a startup Ecosystem?

Do small countries have an edge in building a startup ecosystem? In this episode, the StartupBlink team and Eli David discuss the unique advantages of small countries for building a thriving ecosystem. In StartupBlink’s Global Startup Ecosystem Index 2022, 9 out of the top 20 highest-ranked countries had a population of less than 10 million, […]

Wed Mar 08 2023

How can collaborating with StartupBlink as an ecosystem partner help your ecosystem and organization?

Collaborating with StartupBlink as a data partner can bring a range of benefits to your organization and ecosystem. As the most comprehensive startup ecosystem map and research center, we publish the Global Startup Ecosystem Index Report (GSEI) annually, ranking the top 1,000 cities and 100 countries worldwide.  StartupBlink’s GSEI is based on an elaborate algorithm […]

Tue Feb 28 2023

The Top 30 Countries by Absolute Power in 2022

What is Absolute Power? Generally, StartupBlink’s GSEI scoring algorithm calibrates the countries’ total score to their population size to check the startup outputs of countries per capita.   The “Absolute Power” algorithm ignores the size of the population and looks at the absolute amount of startup output per country to compare their dominance regardless of population […]