FundRace Program
Fundrace is a programme designed for tech startup founders who are looking to raise money from venture capital companies that invest in seed-stage and post-seed/Series A startups. Our programme is designed to provide startups with the resources, knowledge, and connections they need to successfully raise funds and take their businesses to the next level.
Through our programme, startups will receive targeted guidance directly from participating venture capital companies and federal agencies with regards to their investment thesis, methodology, valuation methods, and other matters that are specific to their firm.
This programme will also select five high-potential startups from Penang to pitch to the participating venture companies for possible investment follow-ups. Startups will also receive valuable feedback from the investors in their pitch session. Non-pitching startups or participants can also learn a lot from the pitching sessions held.
If you’re a tech startup founder looking to raise money from venture capital companies, join our programme and take the first step towards securing the funding you need.

Application to Pitch
Upcoming Program Details
Participating VCs
Application Now Open for Seed I
Qualification Criteria for Seed:
(1) Registered business or company with SSM
(2) Revenue below RM150,000 as at FYE2022
Qualification Criteria for Post-Seed:
(1) Registered business or company with SSM
(2) Revenue above RM150,000 as at FYE 2022
FUNDRACE SEED I
Date of Program : 24 June 2023
Time: 9am – 5pm
Location: Digital Penang
FUNDRACE POST-SEED II
Date of Program: 9 Sept 2023
Time: 9am – 5pm
Location: Digital Penang
FUNDRACE SEED II
Date of Program: 9 Dec 2023
Time: 9am – 5pm
Location: Digital Penang
Cradle Fund
PITCHIN
AC Ventures
Emmissary Capital
1337 Ventures
Artem Ventures
Ethis Malaysia
UBS Tech Connect
500
Gobi Partners
The Hive
Vynn Capital
Fundnel (Alta Group)
Eureeca (Tentative)