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.
- Total Equity Funding$23.97M (USD)
in 2 rounds
- Latest Funding Round$14.25M (USD), Private Equity Round
Apr 2019
- InvestorsCOPE Private Equity
& 1 more
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.
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.
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 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 $23.97M
- Total Rounds 2
- Last Round Private Equity Round — $14.25M
- First Round $9.72M
(Mar 2016)
- Investors Count 2
All 2 funding rounds of MDT Innovations with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2019 | $14.25M | Private Equity Round | – | COPE Private Equity | – |
| Mar 2016 | $9.72M | Private Equity Round | – | Kumpulan Modal Perdana | – |
2 investors in total: 2 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
COPE Private Equity is based in Kuala Lumpur, Malaysia, focusing on private equity investments. | – | copepartners.com | Kuala Lumpur, Malaysia | |
- | – | modalperdana.com | - |
Investor details for MDT Innovations
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of MDT Innovations
10 people are tracked at MDT Innovations (3 in leadership, 4 in board & advisors, 3 in team).
| Name | Role | Group |
|---|---|---|
Liew Choon Lian | CEO | Leadership |
Eh Wat Al Ave | CFO | Leadership |
Sim Hon Wai | COO & CTO | Leadership |
Fong Teng Fook | Chairman | Board & advisors |
Lau Kok Fui | Director | Board & advisors |
Haniff Adnan | Director | Board & advisors |
Herman Syah Abdul Rahim | Director | Board & advisors |
Ikegaya Hiroshi | CCO | Team |
Mamonur Rashid, ACCA. | Finance Manager | Team |
Khairil Haznur | Software Engineer | Team |
Complete people profiles for MDT Innovations
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- Full employee list
- Team structure
- Board tenure
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Timeline of MDT Innovations
3 dated milestones of MDT Innovations across 15 years, from founding to its latest funding, stage changes and deals.
- Founded MDT Innovations is founded.
- Funding First funding round of $9.7M.
- Funding Latest funding round, Private Equity Round, of $14.2M.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| elatec-rfid.com | 1988 | Puchheim, Germany | – | 80 | Manufacturer of RFID-based access control solution | |
| matrics.com | 1998 | Columbia, United States | $34M | – | RFID technology is supplied for supply chain, assets, and security. | |
| quantalrf.com | 2008 | San Diego, United States | $48.18M | 13 | Provider of IoT based RF receiver architectures | |
| checkpointsystems.com | 1969 | West Deptford, United States | – | 24 | Cloud-based RFID solutions are provided for offline retail operations. | |
| myruns.com | 2014 | San Sebastian, Spain | $7.37M | – | RFID tags and readers are provided for wireless data transmission. | |
| eagile.com | 2004 | Grand Rapids, United States | $7.56M | – | Developer of RFID tags, readers and software platforms for developing asset tracking applications | |
| nordicid.com | 1986 | Salo, Finland | – | – | RAIN RFID tracking and tracing solutions are supplied to enterprises. | |
| panthronics.com | 2014 | Graz, Austria | – | – | Provider of NFC readers for multiple purposes | |
| idatachina.com | 2010 | China | $15.03M | – | iData is recognized as a leading IoT hardware manufacturer. |
Detailed competitors of MDT Innovations
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- Full competitor set
- Operating metrics
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Web traffic of MDT Innovations
Websites that share an audience with MDT Innovations (mmdt.cc).
Websites whose visitors overlap most with MDT Innovations. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| docin.com | 100% | 1.5M | #47,798 | View details | |
| minigate.net | 100% | 6.5K | #3,250,947 | View details | |
| lionic.com | 100% | 40.9K | #845,219 | View details | |
| nomadconnection.com | 100% | – | – | View details | |
| chinacache.com | 100% | – | – | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 14 similar websites and full traffic analytics for MDT Innovations
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- 14 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Latest news on Mdt Innovations
Complete news archive for MDT Innovations
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to MDT Innovations
10 companies that operate in the same segment as MDT Innovations (Industrial IoT & Smart Manufacturing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 3,500 | |
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Cloud-based network infrastructure for IoT applications is provided. | 2004 | Boise, Idaho, United States | USD 154.85 M | USD 8.52 M | 165 | |
Wireless security platform for IoT applications is provided. | 2015 | Palo Alto, California, United States | USD 1.17 B | – | – | |
Blockchain-based connectivity for IoT applications is facilitated. | 2017 | Menlo Park, California, United States | USD 50 M | – | – | |
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | – | 109 | |
Cloud-based smart locks for residential and commercial access are provided. | 2014 | New York, New York, United States | USD 158.55 M | USD 70.12 M | – | |
Keyless smart locks are developed for consumer and commercial applications. | 2015 | Singapore, Singapore | USD 32.28 M | – | – | |
Provider of cyber security solutions for asset visibility and threat management | 2000 | San Jose, California, United States | USD 120.28 M | USD 4.03 M | 136 | |
Mesh-based connectivity solutions for IoT applications are provided. | 2014 | San Francisco, California, United States | USD 90 M | – | – |
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Frequently Asked Questions about MDT Innovations
MDT Innovations was founded in 2004 and raised its 1st funding round 12 years after it was founded.
MDT Innovations is headquartered in Petaling Jaya, Malaysia. It is registered at Petaling Jaya, Selangor, Malaysia.
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 2016.
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.
MDT Innovations's top competitors include QuantalRF, Checkpoint Systems and Nordic ID.
MDT Innovations offers SCHOOLTRAC, WIP Automation, LINOTAG Connected Apparel Suite, and Rapita Connected Healthcare.
MDT Innovations has 2 investors. Key investors include COPE Private Equity, and Kumpulan Modal Perdana.
MDT Innovations operates through Mdt Innovations Sdn. Bhd..