Krenovator Technology Sdn. Bhd., an AI-powered tech talent platform, has raised seed funding from venture firm Ignite Asia to scale its operations, enhance its platform, and expand across Southeast Asia. The investment will support Krenovator’s mission to deliver top-tier tech talent for enterprises navigating digital transformation.
MALAYSIA, 5 MAY 2025 – Krenovator Technology Sdn. Bhd. (“Krenovator”), an AI-powered platform specialising in sourcing and developing tech talent, has announced the successful closing of a seed funding round from Ignite Asia, a venture capital and private equity firm operating in Singapore and Malaysia. The funding amount remains undisclosed, with the round officially completed in early 2025.
Founded in 2019, Krenovator has grown into a leading tech talent platform catering to enterprise clients across sectors such as oil and gas, logistics, manufacturing, banking, and telecommunications. Its reach spans Malaysia, the Middle East, and Europe, delivering IT services that are supported by a proprietary AI-based sourcing engine.
The platform provides enterprises with access to a curated pool of nearly 30,000 skilled tech professionals, including software developers, testers, business analysts, and data scientists, primarily based in Malaysia and Indonesia. This sourcing capability has become a key differentiator, enabling rapid identification and deployment of top talent for critical IT projects. Krenovator has earned a 98% client satisfaction rate and has doubled its clientele, which includes Fortune 500 and publicly listed companies, over the past two years.
In addition to talent sourcing, the Krenovator platform fosters a vibrant ecosystem for tech professionals. It offers career development tools, community engagement, and opportunities for professional advancement, positioning itself as a hub for both enterprises and individual tech talent.
With this new capital injection, Krenovator plans to expand its team, strengthen its marketing and sales activities, and continue refining its platform to meet evolving market needs. The company also intends to launch new service offerings, including Software Tester as a Service, to support digital transformation initiatives for enterprise clients.
Krenovator has set ambitious targets for the next 12 to 18 months, including tripling its revenue and doubling its client base. The investment by Ignite Asia is expected to play a pivotal role in achieving these goals and solidifying Krenovator’s position as a leading tech talent solution provider in Southeast Asia.
