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Three startups win Selangor accelerator titles and RM20,000 each

All 12 winners across the programme’s three tracks will receive places on overseas programmes in Hong Kong or Shanghai.

By Arif Rahman

Illustration of startup founders presenting business ideas to a judging panel
Photo: Digital News Asia

e23, Enygma Technologies and RExharge each collected US$4,900 (RM20,000) as champions in the Selangor Triple Accelerator Programme 2026. The awards ceremony was held during the AI & Semiconductor Summit (AiSEM@Selangor) at the Kuala Lumpur Convention Centre.

Programme organiser Selangor Information Technology & Digital Economy Corporation (Sidec) announced four winners in each of three tracks. A field of 511 applicants was narrowed to 90 startups for August’s Showcase Days, then to 24 finalists. Judges representing venture capital, banking and industry selected the winners following pitches and question-and-answer sessions.

  • Deep-X: Enygma Technologies took the championship; Empowered, Flabee Care and Leogics were also winners.
  • Retail-X: RExharge won the championship, with REAL, FASWELL and Good Times DIY Studio also recognised.
  • Token-X: e23 was champion; Coded Solution, Teel and GEN received the other winning places.

Enygma is developing an AI-based industrial inspection platform called Xentri. e23 is building a Layer-1 blockchain incorporating quantum-resistant cryptography, as well as infrastructure for stablecoins and tokenisation. RExharge offers services covering electric vehicle purchases and home charging.

Sidec said its World Stage Venture programme would take the eight Deep-X and Token-X winners to Hong Kong FinTech Week x StartmeupHK 2026 on 2–6 November. The four Retail-X winners will travel to Shanghai for a programme that includes TikTok Shop training at ByteDance’s office.

According to Sidec, the accelerator has supported 470 companies across 14 cohorts, with those companies collectively raising US$53 million (RM216 million).

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