The article “Driving Sustainable Innovation in Energy” from The Star highlights the efforts of PETRONAS FutureTech 3.0 in fostering innovative startups to accelerate the energy transition. The program, which shortlisted 25 startups from 400 applications, aims to develop impactful, future-oriented, and sustainable solutions. The Demo Day event took place at the Kuala Lumpur Convention Centre, where the top 10 technology-driven startups were selected to participate in a regional immersion program designed by PETRONAS Ventures.
Among these startups, V-Cred stands out for its innovative approach. V-Cred, a team of data enthusiasts, began their journey under PETRONAS Innovation Garage (PING), an in-house accelerator program. They focus on developing AI-powered bot-driven DeFi protocols designed to automate decentralized finance. Their technology aims to revolutionize existing lending platforms through innovative proprietary bots, providing users with an intuitive interface and streaming payments. V-Cred received RM10,000 from MYStartup to further the business development.
The article underscores the importance of corporate involvement in expediting the energy transition and highlights the diverse technologies showcased at the event. PETRONAS FutureTech 3.0’s commitment to sustainability and environmental awareness is evident through its support for waste-to-energy technologies and products derived from organic sources. This initiative not only provides visibility to startups but also integrates their technologies into PETRONAS and its partners’ business value chains1.
