PETRONAS FutureTech aims to drive positive change and sustainability in the industry, supporting agile startups that are adapting to these changes with new innovations and technologies.
It serves as a platform for PETRONAS & Corporate Partners from the Asia Pacific region to influence the tech-driven startup ecosystem through serving its business needs and creating a positive socio-economic impact for the community and the Nation.
Themes
At PETRONAS FutureTech 3.0, we are focused on supporting startups that have innovative ideas and technologies in the following areas:
If your startup is building innovative technologies in one of these areas, we encourage you to apply to PETRONAS FutureTech 3.0. We look forward to receiving your application and working together to make a real impact in these industries.
Future of Industry and Work
Transforming traditional industries and the way we work, through robotics and automation and rethinking supply chain and logistics.
Technologies that are at the forefront of innovation, such as green mobility, biotechnology and CCUS.
Frontier Technology
Promoting environmental sustainability, decarbonization and responsible resource management.
Sustainability
Revolutionising the chemical and materials industry, such as advanced materials, food & alternatives, waste and green chemistry.
Future of Chemical and Materials
Promoting novel energy generation, solar/wind/bio renewables, smart grid technology and vehicle automation.
Future of Energy and Mobility
Programme Highlights
Programme Highlights
Programme Highlights
Access to corporate partners
Work with leading corporations across APAC that increase your exposure to new markets, business opportunities and customer segments.
Access to network & resources
With state-of-the-art facilities, technical support and industry insights, you will receive well-rounded support from PETRONAS and StartupX that will accelerate your progress to the next stage.
Sustainable ecosystems
Take on testbedding opportunities to turn your ideas into reality.
Why You Should Apply
The PETRONAS FutureTech 3.0 accelerator programme is designed to support the growth and development of startups over a 12-16 weeks programme. During the programme, startups can expect to go through the following:
Masterclasses & Workshops
Refine business models, build go-to market strategies & develop products with technical experts.
Mentorship & Coaching
Receive guidance from PETRONAS, our Partners and StartupX’s wide network of experienced mentors & industry experts.
Business Immersion
Validate and refine technology and finetune business models with PETRONAS and its valuable network of corporate partners across Asia.
Demo Day
Pitch and showcase your business to a panel of investors & industry experts, securing funding and partnerships to bring your technology to the market.
Networking Opportunities
Build relationships with other startups, industry experts and potential investors that will accelerate your startup growth.
Fundraising Support
Gain access to funding and network with investors to expedite startup growth.
Why You Should Apply
The PETRONAS FutureTech 3.0 accelerator programme is designed to support the growth and development of startups over a 12-16 weeks programme. During the programme, startups can expect to go through the following:
Masterclasses & Workshops
Refine business models, build go-to market strategies & develop products with technical experts.
Mentorship & Coaching
Receive guidance from PETRONAS, our Partners and StartupX’s wide network of experienced mentors & industry experts.
Business Immersion
Validate and refine technology and finetune business models with PETRONAS and its valuable network of corporate partners across Asia.
Demo Day
Pitch and showcase your business to a panel of investors & industry experts, securing funding and partnerships to bring your technology to the market.
Networking Opportunities
Build relationships with other startups, industry experts and potential investors that will accelerate your startup growth.
Fundraising Support
Gain access to funding and network with investors to expedite startup growth.
Why You Should Apply
The PETRONAS FutureTech 3.0 accelerator programme is designed to support the growth and development of startups over a 12-16 weeks programme. During the programme, startups can expect to go through the following:
Masterclasses & Workshops
Refine business models, build go-to market strategies & develop products with technical experts.
Mentorship & Coaching
Receive guidance from PETRONAS, our Partners and StartupX’s wide network of experienced mentors & industry experts.
Business Immersion
Validate and refine technology and finetune business models with PETRONAS and its valuable network of corporate partners across Asia.
Demo Day
Pitch and showcase your business to a panel of investors & industry experts, securing funding and partnerships to bring your technology to the market.
Networking Opportunities
Build relationships with other startups, industry experts and potential investors that will accelerate your startup growth.
Fundraising Support
Gain access to funding and network with investors to expedite startup growth.
Why You Should Apply
The PETRONAS FutureTech 3.0 accelerator programme is designed to support the growth and development of startups over a 12-16 weeks programme. During the programme, startups can expect to go through the following:
Masterclasses & Workshops
Refine business models, build go-to market strategies & develop products with technical experts.
Mentorship & Coaching
Receive guidance from PETRONAS, our Partners and StartupX’s wide network of experienced mentors & industry experts.
Business Immersion
Validate and refine technology and finetune business models with PETRONAS and its valuable network of corporate partners across Asia.
Demo Day
Pitch and showcase your business to a panel of investors & industry experts, securing funding and partnerships to bring your technology to the market.
Networking Opportunities
Build relationships with other startups, industry experts and potential investors that will accelerate your startup growth.
Fundraising Support
Gain access to funding and network with investors to expedite startup growth.
Why You Should Apply
The PETRONAS FutureTech 3.0 accelerator programme is designed to support the growth and development of startups over a 12-16 weeks programme. During the programme, startups can expect to go through the following:
Masterclasses & Workshops
Refine business models, build go-to market strategies & develop products with technical experts.
Mentorship & Coaching
Receive guidance from PETRONAS, our Partners and StartupX’s wide network of experienced mentors & industry experts.
Business Immersion
Validate and refine technology and finetune business models with PETRONAS and its valuable network of corporate partners across Asia.
Demo Day
Pitch and showcase your business to a panel of investors & industry experts, securing funding and partnerships to bring your technology to the market.
Networking Opportunities
Build relationships with other startups, industry experts and potential investors that will accelerate your startup growth.
Fundraising Support
Gain access to funding and network with investors to expedite startup growth.
Why You Should Apply
The PETRONAS FutureTech 3.0 accelerator programme is designed to support the growth and development of startups over a 12-16 weeks programme. During the programme, startups can expect to go through the following:
Masterclasses & Workshops
Refine business models, build go-to market strategies & develop products with technical experts.
Mentorship & Coaching
Receive guidance from PETRONAS, our Partners and StartupX’s wide network of experienced mentors & industry experts.
Business Immersion
Validate and refine technology and finetune business models with PETRONAS and its valuable network of corporate partners across Asia.
Demo Day
Pitch and showcase your business to a panel of investors & industry experts, securing funding and partnerships to bring your technology to the market.
Networking Opportunities
Build relationships with other startups, industry experts and potential investors that will accelerate your startup growth.
Fundraising Support
Gain access to funding and network with investors to expedite startup growth.
Criteria
Hybrid programme with requirement to fly in to Kuala Lumpur for on-site activities
Startups based in APAC
Alignment with FutureTech’s Theme
Theme
Early to growth stage tech startups. Solutions readily deployed in the market
Traction
One founder able to commit throughout the 3-4 months
Team
Incorporated as Sdn Bhd. / Ptd Ltd. / PLC and in operation for more than 1 year
Registered
If you're ready to take your business to the next level, we encourage you to apply to PETRONAS FutureTech 3.0. We look forward to working together to make a real impact in the energy industry.
To be eligible to apply to PETRONAS FutureTech 3.0, startups should consider the following criteria:
Nov 2023 onwards Post-Programme Support
31 Oct 2023 Demo Day
Jun - Sep 2023 Acceleration
Apr 2023 Selection
Now - Apr 2023 Application
Timeline
Jun 2023 Onboarding Week
Once selected, startups will attend on-site sessions and workshops in Kuala Lumpur to be familiarised with the programme. Startups residing overseas will be required to fly in to attend.
After the application period closes, we will review the applications. Shortlisted startups will be called in for an interview and a technical review of your innovations.
Startups will need to complete the online application form inclusive of a thorough evaluation of the startup's readiness to participate in the programme.
Startups will work closely with a team of mentors and industry experts to develop and scale your startup. You will receive support in business development, market research, and product development.
At the end of the programme, startups will have the opportunity to pitch live in Kuala Lumpur to a curated audience of investors, corporate partners and industry experts. This is an opportunity for startups to secure potential funding and partnerships to accelerate your growth.
Post-programme, startups will be supported with facilitated introductions and deployment opportunities with PETRONAS/Corporate Partners, as well as connections with investors and venture capital firms.
31 Oct 2023 Demo Day
Jun - Sep 2023 Acceleration
Apr 2023 Selection
Now - Apr 2023 Application
Timeline
Nov 2023 onwards Post-Programme Support
Jun 2023 Onboarding Week
Once selected, startups will attend on-site sessions and workshops in Kuala Lumpur to be familiarised with the programme. Startups residing overseas will be required to fly in to attend.
After the application period closes, we will review the applications. Shortlisted startups will be called in for an interview and a technical review of your innovations.
Startups will need to complete the online application form inclusive of a thorough evaluation of the startup's readiness to participate in the programme.
Startups will work closely with a team of mentors and industry experts to develop and scale your startup. You will receive support in business development, market research, and product development.
At the end of the programme, startups will have the opportunity to pitch live in Kuala Lumpur to a curated audience of investors, corporate partners and industry experts. This is an opportunity for startups to secure potential funding and partnerships to accelerate your growth.
Post-programme, startups will be supported with facilitated introductions and deployment opportunities with PETRONAS/Corporate Partners, as well as connections with investors and venture capital firms.
31 Oct 2023 Demo Day
Apr 2023 Selection
Now - Apr 2023 Application
Timeline
Nov 2023 onwards Post-Programme Support
Jun 2023 Onboarding Week
Jun - Sep 2023 Acceleration
Once selected, startups will attend on-site sessions and workshops in Kuala Lumpur to be familiarised with the programme. Startups residing overseas will be required to fly in to attend.
After the application period closes, we will review the applications. Shortlisted startups will be called in for an interview and a technical review of your innovations.
Startups will need to complete the online application form inclusive of a thorough evaluation of the startup's readiness to participate in the programme.
Startups will work closely with a team of mentors and industry experts to develop and scale your startup. You will receive support in business development, market research, and product development.
At the end of the programme, startups will have the opportunity to pitch live in Kuala Lumpur to a curated audience of investors, corporate partners and industry experts. This is an opportunity for startups to secure potential funding and partnerships to accelerate your growth.
Post-programme, startups will be supported with facilitated introductions and deployment opportunities with PETRONAS/Corporate Partners, as well as connections with investors and venture capital firms.
31 Oct 2023 Demo Day
Apr 2023 Selection
Now - Apr 2023 Application
Timeline
Nov 2023 onwards Post-Programme Support
Jun 2023 Onboarding Week
Jun - Sep 2023 Acceleration
Once selected, startups will attend on-site sessions and workshops in Kuala Lumpur to be familiarised with the programme. Startups residing overseas will be required to fly in to attend.
After the application period closes, we will review the applications. Shortlisted startups will be called in for an interview and a technical review of your innovations.
Startups will need to complete the online application form inclusive of a thorough evaluation of the startup's readiness to participate in the programme.
Startups will work closely with a team of mentors and industry experts to develop and scale your startup. You will receive support in business development, market research, and product development.
At the end of the programme, startups will have the opportunity to pitch live in Kuala Lumpur to a curated audience of investors, corporate partners and industry experts. This is an opportunity for startups to secure potential funding and partnerships to accelerate your growth.
Post-programme, startups will be supported with facilitated introductions and deployment opportunities with PETRONAS/Corporate Partners, as well as connections with investors and venture capital firms.
31 Oct 2023 Demo Day
Apr 2023 Selection
Now - Apr 2023 Application
Jun - Sep 2023 Acceleration
Timeline
Nov 2023 onwards Post-Programme Support
Jun 2023 Onboarding Week
Once selected, startups will attend on-site sessions and workshops in Kuala Lumpur to be familiarised with the programme. Startups residing overseas will be required to fly in to attend.
After the application period closes, we will review the applications. Shortlisted startups will be called in for an interview and a technical review of your innovations.
Startups will need to complete the online application form inclusive of a thorough evaluation of the startup's readiness to participate in the programme.
Startups will work closely with a team of mentors and industry experts to develop and scale your startup. You will receive support in business development, market research, and product development.
At the end of the programme, startups will have the opportunity to pitch live in Kuala Lumpur to a curated audience of investors, corporate partners and industry experts. This is an opportunity for startups to secure potential funding and partnerships to accelerate your growth.
Post-programme, startups will be supported with facilitated introductions and deployment opportunities with PETRONAS/Corporate Partners, as well as connections with investors and venture capital firms.
Our Startups Meet the startups that are part of this year's cohort
Revolutionise productivity with robotics & AI.
Intelligent Robotics for the Future of Manufacturing
Electric motorcycle and Energy Storage Solutions provider
Operating system software for EV with globally scalability
Plastic Waste for Road Construction
Sustainably Engineered BioComposites
Sustainable and high-performance mycelium leather
EV Battery Swap and Energy Storage solution
AI-enabled decarbonization for real estate & infrastructure
Harnessing light for bioenergy and carbon capture
Supercharging Electrolysers and manufacturing Green Energy
Blockchain powered Sustainability and Decarbonization platform
Borderless & Interoperable Charging Experience for Drivers
Distributed energy and hydrogen recovery from waste
Zapping waste and emissions at source
Integrated on-site waste conversion solution
Empowering micro businesses with financial literacy
Your personal self-care and social support platform
Bridging the employment gap for Persons with Disabilities
Accelerated Due Diligence powered by Large Language Models
Testimonials Meet some of our alumni from past cohorts.
Testimonials
Meet some of our alumni from past cohorts.
Testimonials
Meet some of our alumni from past cohorts.
Testimonials
Meet some of our alumni from past cohorts.
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If you are interested in becoming a partner or sponsor, please feel free to write to us. Through PETRONAS FutureTech 3.0, you will have the opportunity to collaborate and co-create with our network of corporate partners from across the APAC region. Meet our partners below:
Our Corporate Partners
Our Ecosystem Support Partners
Our Community Allies
FAQs
Each startup will be assessed on a case-by-case basis, so you are welcome to apply! Your startup may be funneled to our partners if there are potential areas of collaboration.
Funding will be provided on an opportunistic basis.
As long as your startup has offices or presence in the APAC region, you're welcome to apply!
No fee, it's free!
We are looking for startups that have at least an MVP product that can be deployed.