Kuala Lumpur has 532 startups in our sample database. This represents about 80% of Malaysia’s startups. Kuala Lumpur is the highest-ranked startup ecosystem in Malaysia.
In 2024, the startup scene of Kuala Lumpur developed considerably and increased in the Global Ecosystem Index by 14 spots.
54 startups
23 startups
27 startups
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The health check tables allow you to look at the performance Kuala Lumpur has in each of the parameters that are part of StartupBlink's ranking algorithm. There are five tables, corresponding to the three subscores, the subscore analysis and industry ana...
Startup Funding in Kuala Lumpur 2017 - 2024
From 2022 to 2023, startup funding in Kuala Lumpur has decreased by 59.37%. During this period, the number of deals in Kuala Lumpur has decreased by 55.91%. Since 2017, total startup funding in Kuala Lumpur exceeded US$ $4.17B.
Average Funding in 2023
$7.90M
Funding in 2023
$442.16M
Deals in 2023
56
USD
Amount of Funding (USD)
Number of Deals
Kuala Lumpur is ranked within the top 100 startup ecosystems globally.
Kuala Lumpur’s startups excel particularly in Ecommerce & Retail where it ranks 42 and in Edtech, and Marketing & Sales. Find out more
Within Kuala Lumpur there is an increased attraction for entrepreneurs to set up their startups in industries such as Ecommerce & Retail, Edtech, Marketing & Sales. These three industries represent about 20% of the startups represented on the Startup Ecosystem Map of Kuala Lumpur.
Kuala Lumpur is Malaysia's 1st best startup ecosystem and is ranked 3rd in South East Asia. With a population of 2M - 10M people, Kuala Lumpur is ranked 73rd in the world. The city has some notable startup success stories including TNG Digital and its startup ecosystem infrastructure is strengthened by organizations such as Mindvalley and Mercu 2.
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A robust startup ecosystem creates a sense of community that brings entrepreneurs together and helps them feel less isolated. It gives them access to mentors, advisors, fellow entrepreneurs, and talents. The foundation of such an ecosystem largely relies on government support. Good policies create a fair and supportive environment that helps startups grow. Bad policies […]
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Startup Ecosystem of Kuala Lumpur | StartupBlink