MalaysianUpdates

Tag: #Entrepreneurship

  • Deel Unveils The Pitch: A $15M Global Tournament to Discover the Next Generation of Borderless Founders

    Deel, a leading global HR and payroll platform, has officially launched The Pitch, a landmark international startup competition aimed at discovering and funding the next generation of borderless founders. Designed to challenge traditional venture capital norms, the initiative focuses on identifying high-potential seed-stage startups based purely on merit, innovation, and execution—rather than geography, access, or networks. By leveraging Deel’s extensive global footprint, The Pitch seeks to democratize access to capital and visibility for founders worldwide.

    With ambitions on a truly global scale, The Pitch is expected to engage more than 20,000 startups across seven regions, culminating in a total investment pool of up to USD15 million. Through a highly selective process, up to 100 regional winners will each receive USD50,000 in investment, while as many as ten global champions will be awarded USD1 million each to accelerate their growth. With a final selection rate of just 0.05 percent, the competition positions itself as more selective than many of the world’s most established startup accelerators.

    Unlike conventional funding pathways that rely heavily on localized ecosystems, The Pitch introduces a new standard for global venture discovery. Startups are evaluated through expert-led assessments and data-driven insights designed to surface “high-signal” founders with scalable ideas. Applications are now open to seed-stage founders globally, with the journey leading to seven in-person regional finals hosted in major innovation hubs such as Singapore, New York, London, and Berlin, before culminating in a global finale scheduled for May 2026.

    The competition is presented by J.P. Morgan and supported by an impressive lineup of partners, including Andreessen Horowitz, dLocal, Google, Orrick, Prodware, Ribbit Ventures, and Stripe. Together, these partners reinforce the competition’s credibility and global reach.

    Through The Pitch, Deel underscores its commitment to empowering founders everywhere, regardless of borders. The initiative not only offers capital, but also global exposure, strategic validation, and access to an influential network—marking a bold step forward in shaping a more inclusive and borderless startup ecosystem.

  • LifeWave Malaysia’s ‘Ride The Wave’ Event Highlights Strategic Vision and Future Goals

    LifeWave Malaysia’s ‘Ride The Wave’ Event Highlights Strategic Vision and Future Goals

    LifeWave Malaysia, the local subsidiary of the global life-technology company LifeWave, recently hosted its highly anticipated “Ride The Wave” event, bringing together Brand Partners from across the country for an evening focused on leadership, business insights, and community engagement. The event underscored LifeWave’s ongoing global advancement and commitment to long-term sustainability, innovation, and enhanced business-building opportunities. A major highlight was the announcement of Founder and Chairman David Schmidt achieving a milestone with 200 patents, including new patents for the company’s X2O technology, reinforcing LifeWave’s reputation as a pioneer in wellness technology and scientific innovation.

    Meredith Berkich, Global President of LifeWave, emphasised the importance of unity and shared purpose in achieving sustained growth, noting that collective effort amplifies success and fosters a strong sense of belonging among Brand Partners. Dr. Edward Choo, President of APAC, highlighted the company’s three foundational pillars—Company, Product, and Plan—describing LifeWave as a generational business designed for long-term impact, with support systems in place for partners to achieve their goals. Adding to the inspiration, KP Hau, newly appointed Country Manager for Malaysia & Singapore, delivered an address encouraging Brand Partners to aim high and take full advantage of the resources and guidance offered by the local leadership team.

    The event also celebrated LifeWave’s growing global footprint and industry recognitions. Internationally, the company earned the Bravo Growth award for the second consecutive year and ranked 22nd on the Direct Selling News Global 100 List. Locally, LifeWave Malaysia received multiple accolades, including the SME100 Award for Fast-Moving Companies, the Sin Chew Health & Wellness Brand Award for LifeWave X39, and the Golden Bull Award, reflecting the company’s expanding influence and the confidence placed in it by consumers and industry partners alike. With the strong engagement witnessed at “Ride The Wave” and LifeWave’s continued global momentum, the Malaysian subsidiary is well-positioned for a promising year ahead in 2026, as it focuses on strengthening its community, empowering Brand Partners, and driving innovation in the health and wellness sector.