(The Malaysian Reserve, Apr 2022) SUNWAY Innovation Labs (iLabs), the innovation arm of Sunway Group, has partnered with Carsome Sdn Bhd to launch Malaysia’s first auto ecosystem accelerator — Carsome Mobility Lab — slated in the third quarter of 2022.
The accelerator programme is expected to support global tech start-ups to deliver sustainable solutions in Carsome’s existing markets.
“The programme will provide a holistic platform for start-ups in the auto ecosystem to scale by providing mentorship, opportunities for funding and access to partnership opportunities through Sunway and Carsome’s network of entrepreneurs, venture capitalists, corporates and industry experts,” they said in a joint statement last Friday.
Through the programme, selected start-ups will be offered the unique opportunity to connect with Sunway’s 13 business divisions and Sunway City Kuala Lumpur’s (KL) thriving ecosystem as well as the group’s extensive funding funnel and ecosystem comprising Orbit Malaysia, SunSEA Capital, Gobi Partners and The HIVE SEA for further funding and investment opportunities.
“This is in line with Sunway’s vision to position Sunway City KL as a living laboratory bringing in experts to generate sustainable, real-world solutions for the future urban spaces towards the betterment of our environment and humankind,” the statement added.