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PETRONASKuala Lumpur, MalaysiaOpen the interactive map
Startup program · Energy & Utilities

PETRONAS

PETRONAS FutureTech

Kuala Lumpur, Malaysia

About PETRONAS

PETRONAS is Malaysia's national oil and gas company.

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.

Collaboration process

  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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