- The initiative integrates top startups into corporate ecosystems
- Collaboration helps startups scale while enabling corporates to adopt cutting-edge innovations
NEXEA, Malaysia’s leading early-stage venture capital firm, continues its collaboration with Allianz General Insurance Company (Malaysia) Berhad, Exitra, KVC Industrial Supplies, and other corporates, reinforcing a shared mission to accelerate corporate–startup innovation across key industries.
In a statement, Nexea said the initiative focuses on integrating high-potential startups into established corporate ecosystems through a structured, results-driven programme. By moving beyond traditional accelerators, this collaboration enables startups to scale solutions in real-world settings while helping corporates uncover and implement cutting-edge innovations aligned with their strategic goals.
Over a five-month journey, selected startups will be matched with corporate partners based on sector relevance and business fit, enabling joint development of pilot projects, commercial opportunities, or strategic investment collaborations. Key focus areas include fintech, AI, IoT, logistics, ESG, manufacturing, healthcare, and more.
“Our partnerships with leading corporates like Allianz, Exitra, and KVC reflect Nexea’s deep, ongoing commitment to driving real innovation far beyond the pitch stage. We’ve seen firsthand how a single strategic corporate match can completely change a startup’s growth trajectory. One startup scaled 16 times following corporate support through our programme,” said Ben Lim, CEO and founder of Nexea.
“Each year, we receive over 2,000 startup applications, and through our rigorous selection process, we identify the top 1% with real scale potential. To date, we’ve invested over US$1.2 million (RM5 million) into these high-potential companies and facilitated hundreds of corporate–startup engagements. This is how we build not just successful startups but Malaysia’s next generation of tech giants, helping to shape a more resilient, innovation-led economy for the future,” he added.
Startups selected to participate will gain access to:
- Bespoke mentorship from seasoned entrepreneurs, technologists, and industry experts
- Specialised workshops tailored to sector-specific growth strategies
- Curated introductions to innovation and investment teams at Allianz, Exitra, KVC, and other strategic corporate partners
- Exclusive pitch sessions focused on building proofs-of-concept, refining go-to-market strategies, and unlocking co-development or investment opportunities.
“As we mark our sixth year of collaboration with Nexea, we are excited to continue supporting the growth and development of startups in Malaysia. This collaboration reflects our commitment to nurturing innovation and building meaningful relationships that drive progress,” said Sean Wang, CEO of Allianz General.
“Over the years, we have had the pleasure of connecting with local startups, discovering new opportunities together, and forming valuable partnerships,” he added.
Meanwhile, Eddie Wong, country managing director of KVC, said: “KVC started from humble beginnings to become a leading electrical and industrial B2B distributor, representing renowned manufacturers from around the world. We know how hard it was at the beginning, and we want to see the next generations pull through their endeavours by helping them in any way we can.”
To date, the programme has supported startups in securing over US$1.07 million (RM4.5 million) in funding, with many advancing into pilot deployments, co-development partnerships, and strategic investments with corporate stakeholders. The continued collaboration among Nexea, Allianz General, Exitra, and KVC represents a powerful model for innovation through long-term engagement.
Interested startups and corporates can learn more and apply here.
(Except for the headline, this story has not been edited by PostX News and is published from a syndicated feed.)
