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Startup program · Energy & Utilities

PETRONAS

PETRONAS FutureTech

Kuala Lumpur, Malaysia

About PETRONAS

PETRONAS is Malaysia's national oil and gas company.

Source: petronas.com

How PETRONAS works with startups

PETRONAS FutureTech is a growth accelerator for early to growth-stage startups across the Asia Pacific, run as a 12-week hybrid programme that takes startups through masterclasses, business immersion and test-bedding or pilot opportunities with PETRONAS and its regional corporate partners. It has drawn 531+ applicants and graduated more than 80 startups from 9 APAC countries, working with 29 regional corporate and ecosystem partners on 20+ deployment projects and 4 investments. The programme is organised around three themes: Future of Energy, Future of Chemicals & Materials, and Future of Industry & Work.

Source: petronas.com

Reported program details

Reported figures and terms may describe an earlier period. Confirm current availability with the team.

How to approach the team

  1. Masterclasses and workshops
  2. Business immersion and test-bedding
  3. Coaching from industry experts
  4. Networking with corporate partners
  5. Demo Day pitch
  6. Fundraising and market support

Source: petronas.com

Areas of interest

Open calls

Standing invitation; next cohort opening soon

Check current availability ↗

Selected startup collaborations

SOLS Energy

Asset digitisation scaled to pilot

Scaled its asset digitisation and 3D modelling work from proof of concept to a pilot project with PETRONAS.

Source: www.petronas.com

POMEN

Expanded services to corporates nationwide

Grew and expanded its services to corporate clients nationwide after the programme.

Source: www.petronas.com

EVC

EV charging integrated with Setel

Integrated its EV charging technology with Setel through the programme.

Source: www.petronas.com

ITXOTIC

AI vision applied to plant maintenance

Explored AI computer vision applications for PETRONAS plant maintenance operations.

Source: www.petronas.com

These are selected publicly described collaborations, not a complete procurement record or a measure of spending.

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