About MIW
MIW is a company based in Kuala Lumpur (Malaysia) founded in 2018 by John Ooi and Leh Cheu Peng.. MIW has raised $428.65 thousand across 1 funding round. The company has 1,213 employees as of December 31, 2022. MIW offers products and services including Upcycling Technology and Pilot Plant. MIW operates in a competitive market with competitors including Xampla, Cove, Vegware, Good Start Packaging and PRO Vietnam, among others.
- Headquarter Kuala Lumpur, Malaysia
- Employees 1213 as on 31 Dec, 2022
- Founders John Ooi, Leh Cheu Peng
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Sectors
Environment
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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 Materials In Works (M) 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
$428.65 K (USD)
in 1 rounds
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Latest Funding Round
$428.65 K (USD), Seed
Oct 04, 2023
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Investors
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Employee Count
1213
as on Dec 31, 2022
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Products & Services of MIW
MIW offers a comprehensive portfolio of products and services, including Upcycling Technology and Pilot Plant. 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.
Converts hard-to-recycle packaging into reusable materials for new applications.
Demonstrates 1-ton capacity upcycling process for commercial readiness.
Funding Insights of MIW
MIW has successfully raised a total of $428.65K through 1 strategic funding round. The most recent funding activity was a Seed round of $428.65 thousand completed in October 2023. 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 1
- Last Round Seed — $428,649
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First Round
First Round
(04 Oct 2023)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2023 | Amount | Seed - MIW | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Investments & Acquisitions by MIW
| 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 - MIW
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Miw Comparisons
Competitors of MIW
MIW 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 Xampla, Cove, Vegware, Good Start Packaging and PRO Vietnam, 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 |
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| domain | founded_year | HQ Location |
Plant-based biodegradable packaging products are manufactured from vegan materials.
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| domain | founded_year | HQ Location |
Plant protein-based bottles are supplied for enterprise water packaging.
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| domain | founded_year | HQ Location |
Food packaging manufacturing services are provided to global clients.
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| domain | founded_year | HQ Location |
Offers eco-friendly compostable products for restaurants, cafes, and food businesses worldwide.
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| domain | founded_year | HQ Location |
Promotes recycling of packaging waste and circular economy through education and partnerships.
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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 MIW
When was MIW founded?
MIW was founded in 2018 and raised its 1st funding round 5 years after it was founded.
Where is MIW located?
MIW is headquartered in Kuala Lumpur, Malaysia.
Is MIW a funded company?
MIW is a funded company, having raised a total of $428.65K across 1 funding round to date. The company's 1st funding round was a Seed of $428.65K, raised on Oct 04, 2023.
How many employees does MIW have?
As of Dec 31, 2022, the latest employee count at MIW is 1,213.
What does MIW do?
MIW was founded in 2018 in Kuala Lumpur, Malaysia, within the sustainable materials sector. Recovered cellulose pulp is produced from hard-to-recycle paper liner through an upcycling process that yields a lignin-free, wet-formed chemical pulp exceeding 90 cellulose content. This material is utilized by paper manufacturers for items such as facial tissues, while waste diversion from landfills is facilitated as part of operations.
What products or services does MIW offer?
MIW offers Upcycling Technology and Pilot Plant.