Welcome back to an-all new Head’s Up! It’s the finally week of the year and 2022 has been a year of challenges and new beginnings. Through all the coverages we have summed up for you guys, we have definitely witnessed a lot of new beginnings in the ecosystem.
We have seen new founders make their way up and established ones persevere through challenges and come out stronger. With this in mind, we are bringing you the final issue of the year with plenty of optimistic happenings from the ecosystem.
We look forward to having you back in 2023 and until then, have a good holidays and Happy New Year!
Year-end News
Five Enterprises Awarded Shell Livewire Peninsular Malaysia Winners
Five enterprises from Peninsular Malaysia were awarded the winners of Shell LiveWIRE 2022 by Shell in the state finals. This is Shell’s first time in running this entrepreneurship development initiative for Peninsular Malaysia entrepreneurs.
This year’s winners Sapot, Beebag, Qarbotech, manekNya and Sayur Kita were part of over 60 participants who joined this programme. They went through a comprehensive bootcamp, where 10 selected finalists moved on to the final pitching competition.
For further reading, click here
Sunway ILabs And JETRO Kuala Lumpur Announce 5 Startups To Go Through Digital Transformation Acceleration Programme
Sunway Innovation Labs (Sunway iLabs), the innovation arm of Sunway Group and Sunway University has selected the five startups to go through the Digital Transformation Acceleration Programme organized in collaboration with the Japanese External Trade Organisation Kuala Lumpur (JETRO Kuala Lumpur), a government related organization that promotes trade and investment between Japan and Kuala Lumpur.
For further reading, click here
MOSTI Announces Cohort 2 Winners of MYHackathon 2022
Ministry of Science, Technology and Innovation (MOSTI) has announced the list of winners for MYHackathon 2022 Cohort 2 during its closing ceremony, officiated by MOSTI’s Secretary General, YBhg Datuk Ts. Dr. Haji Aminuddin bin Hassim.
Four (4) participants were crowned as winners for each of the problem statement and they will each receive RM250,000.00 to work closely with the owner of problem statements to refine their execution plan for their proposed solution for the next 12 months.
For further reading, click here
MRANTI MakersLab Impacts More Than 1,000 Young Innovators
MRANTI MakersLab has organised 60 awareness and collaborative initiatives throughout the year impacting over 1,000 students and young innovators.
The makerspace offered a spectrum of 4IR focussed tools, technologies and technology immersion programmes, aimed at gathering communities for greater experimentation and collaboration to increase local inventions.
For further reading, click here
Disruptr Of The Month
Meet Chuah Di Ken, CEO of Pingspace
Disruptr: Chuah Di Ken, CEO of Pingspace
What inspired you to start the business?
I started Pingspace, a robotics warehouse startup that build robotics storage system for warehouses use.
Pingspace was built with a purpose enabling fast delivery in e-commerce industry. We hope to push the industry standard of 3-5 days to next day then to same day delivery. Within this supply chain, warehouse and sorting centers are the rate determining factor. The faster the warehouse can process an order, the faster it handed over the delivery partners. That’s why we want to solve the warehouse problem first.
What has the journey been like?
Excruciating but fulfilling. There are a lot of ups and downs when running this startup, mostly downs as we are dealing with a lot of experimentations. We thought that this could work but in the end it doesn’t so we need to go back to drawing board.
Biggest achievement and what is one regret that you wish you had or had not done?
My biggest achievement to date is leading a team to build up the entire robotics system from scratch within 3 years.
Where do you see yourself in the next 1 year?
We hope to commercialise our robotics system in Malaysia as well as in Singapore. At the same time building up a platform for our partners to be easily integrated to us.
Where do you see yourself in the next 5 years?
In the next 5 years, we hope to expand the business throughout Asia and US with more products in our ecosystem to further improve the warehouse efficiency.
What keeps you going to keep running the business?
The vision of having same day delivery in the world of e-commerce is what fuels me to build a better and faster robotics storage system that can be used throughout the warehouses.
What is one local startup you would like to work together with and why?
We would like to work with startup that has strong computer vision AI expertise to build robotics arm for automated picking.
Who is one founder (local or international) that you look up to?
Elon Musk
Why should investors invest in your startup?
We have a great technical team to develop our product and executives with diverse experience in warehousing industry.
Pingspace is also a member of 25 Startups, a startup incubator with presence in Sarawak, Penang, Cyberjaya and Johor.
Events
Calling all manufacturing-focused Penang SMEs! Sign up for our Penang SME Go Digital programme to upskill digital champions in your organisation as we embrace Industry 4.0. Kickstart your digital journey and adopt a sustainable digital transformation master plan for your business today!
Register now at https://lnkd.in/gAAJCSKM by 31st December 2022. T&Cs apply.
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