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High Tech Late Stage Founded 2004

MDT Innovations

Multimedia Display Technology provides NFC-based products for IoT applications. Its products include NFC tags and readers in various form factors like on SIM Cards and payment and ecosystems. It also provides wireless sensor network systems for passenger tracking and asset management and item-level tagging for supply chain applications. The company was founded in 2004 and headquartered in Petaling Jaya, Malaysia. It…

📍 Petaling Jaya, Malaysia · Internet of Things Infrastructure

Funding snapshot

Last roundLate Stage
Amount$14M
Date12 April 2019
Total raised$24M
Team size38

About

Multimedia Display Technology provides NFC-based products for IoT applications. Its products include NFC tags and readers in various form factors like on SIM Cards and payment and ecosystems. It also provides wireless sensor network systems for passenger tracking and asset management and item-level tagging for supply chain applications. The company was founded in 2004 and headquartered in Petaling Jaya, Malaysia. It has raised $24M in late stage funding, with backing from Kumpulan Modal Perdana, COPE Private Equity, SBI, Kanzun Ventures, and others. The company operates in the High Tech - Internet of Things Infrastructure space. Provider of NFC-based products for IoT applications.

Business model

Internet of Things Infrastructure > IoT Devices > Tags & Readers

Institutional investors

Kumpulan Modal Perdana COPE Private Equity SBI Kanzun Ventures SBI Ventures Malaysia

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