Malaysia’s Krenovator Raises Seed Round to Accelerate AI-Driven Talent Matching

Malaysia-based Krenovator Technology, which uses artificial intelligence to connect tech professionals with enterprise needs, has raised seed funding from Ignite Asia, a venture capital and private equity firm operating in Malaysia and Singapore. While the investment amount remains undisclosed, the round was completed in early 2025. The funding will support the company’s efforts to grow its team and boost its marketing and sales reach.

This investment comes as businesses across Southeast Asia face significant challenges in filling critical technology roles. Krenovator aims to address this gap by enhancing its platform, which focuses on sourcing, developing, and matching tech talent with enterprise needs. The funding will help the company accelerate its growth across the region.

Established in 2019, Krenovator Technology has emerged as a significant force in Southeast Asia’s tech talent landscape. The company leverages artificial intelligence to connect enterprises with highly skilled professionals, focusing on sectors such as manufacturing, telecommunications, finance, logistics, banking, and oil and gas. With a growing network of nearly 30,000 tech experts—mainly from Malaysia and Indonesia—Krenovator addresses the rising demand for specialized talent across the region’s fast-evolving digital economy.

The company’s AI-driven platform identifies and matches top-tier talent—ranging from software developers and testers to business analysts and data scientists—to critical IT projects. This unique sourcing strategy has helped Krenovator build a strong reputation among enterprises, especially those undertaking complex digital transformation initiatives. Krenovator has also expanded its client base beyond Southeast Asia, with clients now spanning across the Middle East and Europe.

CEO Mahadhir Yunus noted that the firm’s AI-powered platform provides an unmatched advantage in sourcing top tech talent, which remains a crucial asset in today’s competitive tech landscape.

Krenovator plans to introduce new services, such as enhanced IT services and the potential for Software Tester as a Service, further enhancing its platform’s capabilities. As the demand for digital expertise continues to grow across industries, Krenovator’s AI-powered approach effectively solves the persistent challenge of sourcing and retaining top talent, positioning the company for continued growth in the coming years.

Looking ahead, Krenovator has plans for the next 12-18 months. The company aims to triple its revenue and expand its client base while also introducing new services such as enhanced IT solutions and possibly Software Tester as a Service. However, as the firm continues to grow, it faces competition from traditional recruitment agencies and larger tech consultancies.