1337 Ventures
C-L19-08, KL Trillion, 338, Jalan Tun Razak, Kuala Lumpur, 50400, Malaysia
Overview
1337 Ventures (pronounced as 'Leet'), is a Malaysian Venture Capital firm, we invest in early-stage startups. We run Alpha Startups Accelerator to help idea and MVP-stage startups launch, validate, and grow. We also help SMEs raise funds via Equity Crowdfunding & consult corporates on their Innovation journey. Pre-seed investment deal flow, is curated by running quarterly pre-accelerator programmes. 1337 will continue expanding throughout South East Asia as an accelerator and early stage venture capital focused on scaling companies from ideas to being valued as a multi-million dollar company in less than 10 months. Our central tenets are built into 1337’s core business activities: Idea generation, idea validation, accelerator & growth stage investment. Beginning with mobile gaming apps from its inception and yielding 16 successful alumnis, 1337 Ventures has since diversified to covering some of the most exciting and innovative areas such as retail analytics, indoor positioning systems, automated parking systems, marketplaces, wearable technology, and proximity marketing bringing the total investments completed to 24 startups.
- Total investments
- 2
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 4
Sector focus
- Financial Services
- InsurTech
- Venture Capital
Investment portfolio
- Bridge connect
Led · Equity · Mar 2024
BRIDGE CONNECT operates an online matching platform that helps secondary‑school students find and secure volunteer placements with NGOs and social enterprises. The team also uses the platform to recruit volunteers for online tasks such as social‑media management, article writing, research, and data entry. The founders are eight Sixth Form A‑Level students from HELP International School who created the project in 2023 and used it to support work on a Malay‑to‑English braille dictionary; the prototype for that dictionary was completed in Q1 2023. The team received RM50,000 in funding from 1337 Ventures and has used the money to register the business, hire a company secretary, open a business bank account, and run on‑ground marketing. BRIDGE CONNECT is building an official website and plans to transition operations by hiring juniors from HELP International School as interns to manage events and sustain the student volunteering community. The platform is run entirely online, allowing the founders to continue development while they matriculate to universities abroad.
- Protos Labs
Participated · Seed · Oct 2023
Protos Labs, led by Joel Lee and Simeon Tan, specializes in cyber risk analytics to help insurers underwrite and price cyber risks while providing enterprises with real-time risk governance and visibility. Its platform combines artificial intelligence, statistical modelling, threat intelligence, and cyber risk management capabilities. The company's solutions have been used by organizations including Lloyd’s of London and the Cybersecurity Agency of Singapore. Protos Labs raised SGD $3M in seed funding and plans to use the proceeds to accelerate global expansion and product development. The company is based in Singapore.