Best Fashion Tech Companies in Malaysia
The 120 best Fashion Tech companies in Malaysia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: FashionValet.
Fashion Tech in Malaysia is more concentrated than the headline number suggests: 120 companies tracked, $27M in total disclosed funding, and no unicorns yet. FashionValet leads the pack at $19M, with Glassesgroupglobal pulling $4M and SneakerLAH at $2M, leaving the rest of the field well below seven figures. So if you're sizing up where the real capital density sits, it's thin at the top and thinner fast. The global market hit $24.7B in 2021, and Gen Z's rising expectations around digital-first fashion experiences are the clearest demand driver pushing that figure upward.
Momentum is real even where funding isn't. Median install growth across fashion and retail apparel apps ran at roughly +17% YoY across 266 tracked apps, which tells you consumer appetite is outpacing the funding curve for now. As shown in 2024 research, digital integration in fashion retail compounds engagement in ways traditional metrics miss. Regionally, AI-driven production tools are gaining ground fast, and a Newme Series A round of $18M this April signals that investors aren't waiting on the sidelines. Malaysia's active backers, Creative Startups and Alphacap Berhad among them, are watching that signal closely.
Our analysis of 219 Fashion Tech companies
$16.5b in tracked funding; 94% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2022.
Ranked: Best Fashion Tech companies in Malaysia
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | FashionValet Online retailer of fashion products | $19M | 89 mo ago | Series C | — | 2010 | Cart FunctionalityMagentoMySQL+28 | — |
| 2 | Glassesgroupglobal Online eyewear retailer | $4M | 131 mo ago | Deadpooled | — | 2013 | — | — |
| 3 | SneakerLAH Retailer of footwear | $2M | 47 mo ago | Seed | Bryan Chin Co-Founder | 2015 | Cart FunctionalityPHPBootstrap+12 | — |
| 4 | ZCOVA Internet first brand offering jewelry products | $838K | 53 mo ago | Seed | Ziyin Low Co-Founder | 2015 | WordPressMySQLPHP+36 | — |
| 5 | SHOPLOOOH Internet first brand of apparel for women | $579K | 60 mo ago | Seed | — | 2013 | Cart FunctionalityShopifyElement UI+21 | — |
| 6 | Edz Online retail store for Islamic fashion | $29K | — | Deadpooled | Norasurah Abd Wahab Founder | 2008 | — | — |
| 7 | CLOSETStyles Marketplace of second hand clothes and fashion accessories | $3K | 137 mo ago | Deadpooled | Kam Ling Fong Founder | 2015 | — | — |
| 8 | Ellegra Online platform offering personal fashion styling services | — | 55 mo ago | Deadpooled | — | 2020 | — | — |
Top 8 Fashion Tech companies in Malaysia
#1
Seed · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2015$1.7Mraised▾
Retailer of footwear
- Jul 2022Seed$1.7M
#2
Seed · Petaling Jaya, Selangor · founded 2015 · 10 employees$837.6Kraised▾
ZCOVA is an internet first brand offering jewelry products. The product catalog includes diamond wedding bands, men's jewelry, earrings, bracelets, necklaces, and more. The company also offers custom-made diamonds and gemstones jewelry.
- Jan 2022Angel$598.1K
- Sep 2020Seed$239.6K
#3
Series C · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2010 · 159 employees$19.3Mraised▾
FashionValet is an online retailer of multi-category fashion products. Its catalog includes apparel, footwear, bags, etc catering to men, women, and kids. The company also sells select beauty products. It has expanded to open offline stores in Malaysia.
- Jan 2019Series C$3M
- Mar 2018Series C$9.1M
- Mar 2016Series B$5.8M
- Mar 2015Series A$1.3M
#4
Seed · Batu Pahat, Johor · founded 2013 · 7 employees$578.8Kraised▾
Internet first brand of apparel for women. The product offerings include tops, bottoms, dresses, jumpsuits, rompers, outerwear, innerwear, etc of various styles and colors. It also offers a few acceosries like bags, shoes, etc.
- May 2021Seed$578.8K
#5
Deadpooled · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2013 · 75 employees$4.5Mraised▾
GlassesGroupGlobal is an e-commerce portal in Malaysia which sells sunglasses, glasses and contact lenses in its platform. The company has a presence in Malaysia, Singapore, Hong Kong, Philippines, Taiwan, Australia and New Zealand.
- Jul 2015Series A$3M
- Jan 2013Seed$1.5M
#6
Deadpooled · Bandar Baru Bangi, Selangor · founded 2008$29.2Kraised▾
Formerly known as “eightDesigns”, EDZ started selling online by hosting on blogger. As of Jun'16, EDZ sells online at www.edz.com.my, www.eightdesignsboutique.com. They also have a physical office and a boutique in Bandar Baru Bangi and two boutiques in Shah Alam, and Wangsa Melawati Kuala Lumpur. Additionally EDZ also sells at www.rakuten.com.my.
- Seed$29.2K
#7
Deadpooled · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2015$3Kraised▾
Closetstyle is a Malaysian company which is a social marketplace for ladies to buy and sell pre-loved fashion out of their closets. It deducts 10% amount of the total transaction. It also provides a choice of shipping to the sellers and buyers. It won the 1337 accelerator award in 2015.
- Jan 2015Grant (prize money)$3K
#8
Deadpooled · Petaling Jaya, Selangor · founded 2020 · 11 employees—raised▾
Online platform providing personal fashion styling services. The company offers a platform where personal stylists according to a style quiz recommend five outfits from different designers and brands.
- Nov 2021Seed—
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Fashion Tech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.