Best Energy Tech Companies in Malaysia
The 62 best Energy Tech companies in Malaysia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Aerodyne.
- prnewswire.com
- businesswire.com
Our analysis of 287 Energy Tech companies
$109.4b in tracked funding; 82% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Energy Tech companies in Malaysia
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Aerodyne Provider of SaaS and AI-based drone analytics platform | $86M | 45 mo ago | Series B | Azita Azizan Co-Founder & Chief People Officer | 2014 | Amazon Web ServicesjQuery UIjQuery+6 | — |
| 2 | Chargesini Provider of electric vehicle charging solutions | $1M | 37 mo ago | Seed | Eric Chun Guan Co-Founder | 2022 | WordPress Block EditorElementorWordPress+34 | — |
| 3 | Eclimo Developer of electric two-wheeler | $473K | 54 mo ago | Seed | Sazali Salleh Co-Founder | 2008 | WordPressMySQLPHP+18 | — |
| 4 | iHandal Provider of waste heat recovery solutions | $359K | 61 mo ago | Seed | Aaron Patel Founder and Managing Director | 2009 | WordPressMySQLPHP+29 | 1 job opening |
| 5 | Powered by RISE Provider of electric vehicle charging solutions | $152K | 42 mo ago | Seed | Kray Chong Founder & CEO | 2019 | — | — |
| 6 | nanoSkunkWorkX Developer of graphene based devices for various industries | — | 10 mo ago | Seed | Amani Salim Co-Founder & CTO | 2019 | WordPressMySQLPHP+14 | — |
| 7 | Iraya Energies Provider of AI-enabled software for subsurface data transformation and knowledge workflows | — | 69 mo ago | Series A | — | 2016 | — | — |
| 8 | Tracker Hero Workforce management system | — | 90 mo ago | Seed | Afiq Ishak Co-Founder & COO | 2017 | WordPressMySQLPHP+26 | 1 partnership |
Top 8 Energy Tech companies in Malaysia
#1
Series B · Cyberjaya, Selangor · founded 2014 · 1000 employees$86.1Mraised▾
Provider of SaaS and AI-based drone analytics platform. The data collected by drones is processed by AI-based proprietary software in order to offer actionable insights. Its nested drones return to automated stations for data download and autonomous recharging for subsequent missions.
- Sep 2022Series B$30M
- May 2021Series B$4.8M
- Nov 2020Series B$13M
- Jul 2020Angel$2M
#2
Seed · Ampang, Selangor · founded 2022 · 17 employees$1.2Mraised▾
Provider of electric vehicle charging solutions
- May 2023Seed$1.2M
#3
Seed · Tanjung Bungah, Penang · founded 2008 · 7 employees$473.2Kraised▾
Developer of electric two-wheeler. The company designs and develops electric scooters for both personal transportation and delivery services. As per the company's claim, its scooters can provide a range of 100 km with a top speed of 100 km/h. The company uses proprietary technology and holds patents for non-spot-welding battery pack technology and its direct-drive electric motor.
- Dec 2021Seed$473.2K
#4
Seed · Puchong, Selangor · founded 2019$152.2Kraised▾
Provider of electric vehicle charging solutions. The platform specializes in providing a complete charging solution for all types of electric vehicles. They offer their own payment system, apps, and in-house EV integration.
- Dec 2022Seed$152.2K
#5
Seed · Shah Alam, Selangor · founded 2009 · 25 employees$358.6Kraised▾
Provider of waste heat recovery solutions. It offers a solution called iHandal Heatfuse technology that captures waste heat from the buildings, compresses this heat, and recycles this energy for heating or cooling the building.
- May 2021Seed—
- Nov 2020Grant (prize money)—
- Feb 2020Seed$358.6K
#6
Seed · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2019 · 8 employees—raised▾
Developer of graphene based devices for various industries. It is involved in developing nanotechnology based scalable devices and graphene powered solutions for applications in energy and power storage, semiconductors, computing and diagnostics.
- Jul 2025Seed—
#7
Series A · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2016 · 22 employees—raised▾
Provider of AI-enabled software for subsurface data transformation and knowledge workflows. The software gathers and transforms unstructured data to identify and produce energy sources. It combines engineering and geoscience expertise with machine learning and artificial intelligence techniques. The software enables users to browse reports, find geological analogs, and identify opportunities. It also secures documents with on-premise solutions.
- Sep 2020Series A—
#8
Seed · Cyberjaya, Selangor · founded 2017 · 18 employees$244.6Kraised▾
TrackHero is a workforce management system. It is a suite of hardware and software solutions which enable the organization to manage the workforce. It includes security workforce management, visitor management, and smart city complaint system. The features include real-time tracking and incident management. It can be used in sectors such as construction, telecommunication, logistics, and oil & gas. Customers include Magic, Prima, Strategy Service, and My Town.
- Dec 2018Seed—
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Energy Tech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Grid Energy Storage is moving in Malaysia
A read on the academic research around Grid Energy Storage — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 725 Malaysia-affiliated papers.
- Ministry of Education193
- University of Technology Malaysia65
- University of Malaya55
- Universiti Malaysia Pahang Al-Sultan Abdullah49
- Universiti Tenaga Nasional46
- Battery (electricity)1→34
- Renewable energy1→31
- Electrochemistry2→26
- Supercapacitor1→23
- Electrode1→17
- Battery (electricity)1→80
- Supercapacitor3→41
- Automotive engineering1→28
- Nanotechnology2→26
- Voltage1→22
- Nanotechnology1→9
Where energy storage is researched across Malaysia
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Common questions
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.