KL ranked in Top 20 emerging startup ecosystem — the startups who got us there

Vulcan Post reported in July 2025 that Kuala Lumpur had been ranked among the world's Top 20 emerging startup ecosystems. It named Lapasar as one of the Cradle-supported companies that contributed to KL's rising global profile.

What the Ranking Reflects

Emerging-ecosystem rankings measure more than the number of startups. They assess the quality of exits, the depth of talent, the density of capital, and the number of companies that have grown to create genuine economic impact at scale. Lapasar's inclusion in this roster signals that B2B commerce infrastructure is recognised as one of Malaysia's breakout startup categories.

Lapasar's Role in Malaysia's Tech Ecosystem

Lapasar has been a long-time participant in the domestic support ecosystem. Cradle Fund is among the early institutional backers that recognised the platform's potential before it reached its current scale. Today, with RM3 billion in processed transactions, a RM31 million Series B, and backing from KWAP's Dana Perintis strategy, Lapasar is among the clearest examples of what the Malaysian B2B tech sector can produce.

Explore the Lapasar marketplace or read about open roles on the team building the next phase of growth.