Tech conference attracts more than 300 startups

  • Business
  • Friday, 14 Apr 2017

PETALING JAYA: The two-day tech conference Echelon Malaysia 2017 in Penang has attracted more than 300 startups as well as thought leaders in travel tech, creative content, hardware and industrial Internet of Things (IoT).

With a total fund pool of US$315mil from participating investors, Echelon has helped provide funding opportunities and a bigger chance to raise funds for the startup community.

“This year, Echelon is all about bridging the gap between online and offline.

“Instead of running two-day conferences as a standalone, these are now part of a year-long platform engagement to address stakeholders’ needs for insights, connections, talent and funding.

“The tech industry is constantly innovating, and so we are excited to see how conference goers react to these changes, starting with Echelon Malaysia 2017,” said Thaddeus Koh, COO of e27, the event organiser.

Held over the last two days, one of the main highlights of the event was the Top100 Fight Club, the fundraising platform for Asia’s most promising startups.

The startups were selected via online qualifying rounds powered by startup-investor matching algorithm Echelon Connect, before making their way to Penang to showcase their products and services.

The finalists met over 500 potential investors, mentors, and customers.

They also walked away with lucrative prizes including Microsoft’s BizSpark (software, services, technical support and Azure cloud), media exposure from e27 and free subscription to Supernewsroom.

Echelon Malaysia 2017 will be the focal point for Asia’s technology leaders, innovative businesses, bold investors, and forward-thinking industry representatives to leverage on future trends currently shaping Asia’s Internet and mobile markets.

The conference focused on industries like hardware and IoT, creative content and travel technology which are currently contributing to Malaysia’s technology and entrepreneurial ecosystem.

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Business , Echelon Malaysia 2017 , e27 , startup , funding


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