About MDT Innovations
MDT Innovations is a company based in Petaling Jaya (Malaysia) founded in 2004.. MDT Innovations has raised $23.97 million across 2 funding rounds from investors including COPE Private Equity and Kumpulan Modal Perdana. MDT Innovations offers products and services including SCHOOLTRAC, WIP Automation, LINOTAG Connected Apparel Suite, and Rapita Connected Healthcare. MDT Innovations operates in a competitive market with competitors including Elatec RFID, Matrics, QuantalRF, Checkpoint Systems and Myruns, among others.
- Headquarter Petaling Jaya, Malaysia
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Mdt Innovations Sdn. Bhd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$23.97 M (USD)
in 2 rounds
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Latest Funding Round
$14.25 M (USD), Private Equity Round
Apr 12, 2019
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Investors
COPE Private Equity
& 1 more
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Employee Count
Employee Count
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Products & Services of MDT Innovations
MDT Innovations offers a comprehensive portfolio of products and services, including SCHOOLTRAC, WIP Automation, LINOTAG Connected Apparel Suite, and Rapita Connected Healthcare. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Wireless sensors track children's movement in school areas for safety notifications.
Enables data exchange and automation in manufacturing for efficiency improvements.
RFID technology for undetected tracking in apparel supply chains.
Monitors hospital assets to prevent theft and optimize usage.
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Funding Insights of MDT Innovations
MDT Innovations has successfully raised a total of $23.97M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round round of $14.25 million completed in April 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Private Equity Round — $14.2M
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First Round
First Round
(23 Mar 2016)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2019 | Amount | Private Equity Round - MDT Innovations | Valuation | COPE Private Equity |
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| Mar, 2016 | Amount | Private Equity Round - MDT Innovations | Valuation | Kumpulan Modal Perdana |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in MDT Innovations
MDT Innovations has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include COPE Private Equity and Kumpulan Modal Perdana. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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COPE Private Equity is based in Kuala Lumpur, Malaysia, focusing on private equity investments.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by MDT Innovations
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - MDT Innovations
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mdt Innovations Comparisons
Competitors of MDT Innovations
MDT Innovations operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Elatec RFID, Matrics, QuantalRF, Checkpoint Systems and Myruns, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Manufacturer of RFID-based access control solution
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| domain | founded_year | HQ Location |
RFID technology is supplied for supply chain, assets, and security.
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| domain | founded_year | HQ Location |
Provider of IoT based RF receiver architectures
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| domain | founded_year | HQ Location |
Cloud-based RFID solutions are provided for offline retail operations.
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| domain | founded_year | HQ Location |
RFID tags and readers are provided for wireless data transmission.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about MDT Innovations
When was MDT Innovations founded?
MDT Innovations was founded in 2004 and raised its 1st funding round 12 years after it was founded.
Where is MDT Innovations located?
MDT Innovations is headquartered in Petaling Jaya, Malaysia. It is registered at Petaling Jaya, Selangor, Malaysia.
Is MDT Innovations a funded company?
MDT Innovations is a funded company, having raised a total of $23.97M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $9.72M, raised on Mar 23, 2016.
What does MDT Innovations do?
MDT Innovations was founded in 2004 in Petaling Jaya, Malaysia, with operations centered on the IoT sector. NFC tags and readers are supplied in form factors including SIM cards and payment ecosystems. Wireless sensor networks are utilized for passenger tracking, asset management, and item-level supply chain tagging. Services such as design, development, prototyping, procurement, production, sub-contracting, sales, and marketing are extended to RFID, information technology products, and advanced display devices.
Who are the top competitors of MDT Innovations?
MDT Innovations's top competitors include QuantalRF, Checkpoint Systems and Nordic ID.
What products or services does MDT Innovations offer?
MDT Innovations offers SCHOOLTRAC, WIP Automation, LINOTAG Connected Apparel Suite, and Rapita Connected Healthcare.
Who are MDT Innovations's investors?
MDT Innovations has 2 investors. Key investors include COPE Private Equity, and Kumpulan Modal Perdana.
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