Krenovator Technology Sdn. Bhd., a tech platform from Malaysia that uses AI to connect tech talent, announced on Monday that it has received seed funding from Ignite Asia, a venture capital and private equity firm based in Singapore and Malaysia.
Krenovator said in a statement that the amount of funding has not been shared, and the funding round was officially completed in early 2025.
The new funding will be used to grow Krenovator’s team and strengthen its marketing and sales activities.
“This seed funding from Ignite Asia shows strong support for Krenovator’s special way of solving the tech talent shortage. Our AI-powered platform helps us find top tech talent in Southeast Asia more effectively than others.”
Mahadhir Yunus, CEO of Krenovator, said, “Because we understand what businesses need in IT, we can offer great value to our clients. This investment will help us grow our platform, hire more people, and reach more markets.”
Looking forward, we have big plans for the next 12 to 18 months. We aim to triple our income and double the number of our customers.
He added, “We also plan to offer new services, like better IT support and possibly ‘Software Tester as a Service.’ These will be based on our strength in finding tech talent to help businesses with their digital transformation.”
Krenovator, founded in 2019 and based in Kuala Lumpur, is a tech talent platform powered by AI that helps businesses find and develop skilled tech professionals.
The company’s main strength is its innovative way of finding tech talent. Using its AI-powered platform, Krenovator has access to around 30,000 skilled tech workers—like software developers, testers, business analysts, and data scientists—mainly from Malaysia and Indonesia.
With this large pool of tech talent, Krenovator can quickly find and recommend the best people for important client projects. This strong ability to find top talent sets the company apart and attracts businesses looking for high-quality tech professionals.
Thanks to its unique approach to finding talent, the company helps businesses connect with the best tech experts for important projects in industries like oil and gas, logistics, manufacturing, finance, banking, and telecommunications.
The company currently serves clients in Malaysia, the Middle East, and Europe.
Krenovator’s AI-powered tech talent platform is growing and becoming a thriving hub for tech professionals.
The platform provides tools to improve career skills, helps connect talent, and builds a strong community.
“We are impressed by Krenovator’s creative way of handling the tech talent market. Their AI-powered platform and focus on finding top talent to meet business IT needs offer great value.”
“We believe Krenovator is well-positioned for significant growth in the region, and we are excited to be a part of their journey,” said Jake Thui, vice president of investments at Ignite Asia.
Krenovator focuses on finding and developing the top 5% of tech talent in Southeast Asia to help businesses with their IT needs.
In the past two years, the company has grown its talent pool in Malaysia and Indonesia to nearly 30,000 professionals. It has also achieved a 98% client satisfaction rate and doubled its number of clients, including public-listed and Fortune 500 companies.
The recent addition of big international clients highlights how important this seed funding is for helping Krenovator keep growing and delivering services.
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