2 Startup
0 Cambodia
2
3 Insight

DISCLAIMER

The information on Startup Cambodia Insight 2023 is for general information only. Mostof the data and information in this book was derived from the current data of Startup
Cambodia Digital Platform in addition to rapid surveys and data contributions from key
actors in the ecosystem.
Ministry of Economy and Finance (MEF), Techo Startup Center (TSC), and Startup Cambodia(SC) do not vouch or give any warranty towards the accuracy, authenticity, integrity, or
validity of any information or representation provided by any user registered on our Startup
Cambodia Digital Platform.
MEF, TSC, and SC disclaim all liability for any damage and loss, whether incidental orconsequential, that may result from interruptions, errors or defects, inaccuracies orfalse information, or representation.
We hope readers will ﬁnd this Startup Cambodia Insight 2023 informative and valuable.
If you have questions, comments, or suggestions, you may contact us via email at
info@techostartup.center or via our number 087 955 888.

CREATING A VIBRANT STARTUPECOSYSTEM THAT CAN FACILITATEHIGH GROWTH OF BOTH STARTUPSAND SMES IS A KEY DRIVER IN
CONTRIBUTING TO THE REVIVAL
AND PROMOTION OF CAMBODIA'SECONOMY AND SOCIETY.

H.E. DR. AUN PORNMONIROTH

DEPUTY PRIME MINISTER,MINISTER OF ECONOMY AND FINANCE

Table of Content
01 STARTUP CAMBODIA NATIONAL PROGRAM
06 STARTUP ECOSYSTEM IN CAMBODIA
08 STARTUP
36 MENTOR
49 PROGRAM
53 EVENT
57 INVESTOR
62 STAKEHOLDER
73 STARTUP CAMBODIA ECOSYSTEM STATUS
75 CREATING A PROFILE ON STARTUP CAMBODIA
78 OUR PARTNERS

STARTUP CAMBODIA

INSIGHT

2023

Startup Cambodia Insight 2023

STARTUP CAMBODIA
NATIONAL PROGRAM

Startup Cambodia National Program

Startup Cambodia Insight 2023

STARTUP CAMBODIA
NATIONAL PROGRAM
Approved by The Royal Government of Cambodia in late2019 and incorporated as a policy measure in the Cambodia Digital
Economy and Society Policy Framework 2021-2035.

Led by the Ministry of Economy and Finance, and has a mission

to support local startups and build a vibrant entrepreneurshipecosystem in Cambodia.

Jointly Coordinated by Techo Startup Center (TSC)and Khmer Enterprise (KE) in order to develop and operate anational digital platform for startups and entrepreneurshipecosystem development in Cambodia.

02

03

Startup Cambodia Insight 2023

By utilizing digital technology, this digital platform
acts as a hub to compile/collect information from allactors as well as provide data-contents about thevibrancy of Cambodia’s Startup Ecosystem. It serves asa starting point to facilitate wider participation fromall relevant actors for more active interaction thatwould lead to more partnerships and collaborations
among actors in the ecosystem.

Startup Cambodia National Program

STARTUPCAMBODIA

DIGITAL PLATFORM

This platform is not just a website that provides information about the startup ecosystem, but isalso a testbed for exchanging the culture of sharing and using living data to be in line with theRoyal Government’s guidelines on digital transformation. This will allow the government to beable to evaluate the current status of the startup ecosystem and be able to formulate supporting
programs or implement supportive intervention policies in the startup sector.

EXPERIENCE IT
DIGITALLY STARTUPCAMBODIA.GOV.KH

The diagram below showcases the numerical figures of each category as collected by the end of 2023.

75

177
STARTUPS65

PROGRAMS

96

EVENTS

MENTORS9STAKEHOLDERS

22.6

approximately
BILLION RIELS
Invested +Granted*Last updated: December 2023

Startup Cambodia Insight 2023

STARTUP ECOSYSTEMIN CAMBODIA

07

Startup Cambodia Insight 2023

Startup Ecosystem in Cambodia

2023 STARTUP ECOSYSTEM IN CAMBODIA
THROUGH NUMBERS

6

Communities &Associations30

8

Government

Institutions

177

65 20

Startups

Mentors

5

Co-Working

Corporates

13

Media

Billion
22.6Riels
approximately

Total

Through3

Funding
Sources

150
ActiveSpacesAcademic
Institutions

9

Accelerators &Incubators

6

Development
Partners

7 2023
STARTUP CAMBODIA

INSIGHT

Service
ProvidersStartup Cambodia Insight 2023

STARTUPStartup.

Startup refers to an institution or the process ofestablishing and managing business which harnesses the innovations
in establishing business models under unclear conditions with higher risks,
but with great potential to rapidly grow.

Startup

STARTUPOVERVIEW
15.2%

11.9%

10

Startup Cambodia Insight 2023

72.9%

177
Startups

129
21

Tech Startups
Tech-Enabled
Startups

27
Inactive
Startups

In Tech Startups:
SaaS

17.1%

E-Commerce

13.95%

Online Media

10.85%

CleanTech

8.52%

EdTech

7.75%

FinTech7.75%

Influencer

6.97%

Transport and Delivery
HealthTech
Podcast

6.2%
4.65%
4.65%

Online Travel

3.87%

AgriTech

3.87%

Blockchain

3.87%

As of 2023, the ecosystem has 150 Active Startups, equivalent to just over 84% of the ecosystem.
Out of 129 Tech Startups, SaaS is the dominating sector with a 17.1% share. E-Commerce is the second largest with
13.95% share, together making up nearly one-third of the ecosystem.

STARTUP SPHERE
CleanTech

HealthTech

FinTecht
tarCamupbodia

upTransport &Delivery

Online MediaBlockchainch
TeStart S

SaaS

EdTech2023

Online Travel

AgriTech

E-Commerce

Tech-Enabled
Startup

12

Press Release
Startup Cambodia Insight 2023

Startup

Angkor SALAD

Startups that actively work towards developing innovative
solutions for various problems in agriculture.

DamDoh App

Greenovator

Founded:Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

Business Model: B2C, B2B

2017

The Angkor SALAD project uses geodata todeliver services that help vegetable farmers
in Cambodia.

2020

DamDoh is a mobile application that helps
assist farmers in sustainable farming.

CAM-Science

FlexFloc

Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

2021

CAM-Science is an agritech startup thatdevelops innovative solutions to digital
Cambodian agriculture.

2023

FlexFloc is an IoT-based system that
accurately measures the water quality insmall to large water tanks.

2016

Greenovator provides innovative services
for all stakeholders in AgroEcosystem forsustainable agribusiness.

13

Startup Cambodia Insight 2023

Selendra

StartupStartups/Platforms that use the decentralized, distributed ledger technology
to create innovative products or solutions to existing problems.

BakongVerify.gov.kh

Founded:Founded:Founded:Business Model: B2C, B2B

Business Model: B2C

Business Model: B2C

2021

2020

Selendra is a Substrate-based smart contract
network supporting Wasm and EVM,
designed for developers and enterpriseadoption in Cambodia.

Bakong is a service that enables you toeasily receive and transfer funds, using
your personalized QR code or mobile phone
number instead of a bank account number.

Founded:Founded:Business Model: B2C

Business Model: B2C

CamDL
2023

CamDL is a decentralized blockchain
infrastructure that supports the creation,
operation, and development of diverse
blockchain applications.

Team NID
2020

Team NID uses blockchain technology tosolve the challenge of people using multiple
ID cards and numbers.

2023

Verify.gov.kh is a platform that can view
and verify documents that has been issued
by Cambodia government agencies bearing
a standard QR Code.

Startup

14

Startup Cambodia Insight 2023

Khmer Solar
Founded:

1997

Business Model: B2C, B2B

Khmer Solar is a solar solution provider
that offers reliable and high quality solar
electric system at a reasonable price.

Startups that provides innovative technological solutions to reduce
negative environmental impacts.

EcoBatt Energy
Cambodia

Pteah Baitong

2019

2008

Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

EcoBtatt Energy offers the solutions forbattery obsolescence that will reduce thebattery use with the regeneration service.

RUY REACH

SOGE Cambodia

Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

2017

2008

Pteah Baitong aims to transform agriculture
in Cambodia by introducing high-quality,
clean energy technologies and innovative
agri-services.

EcoSun Solar
CambodiaFounded:2022

Business Model: B2C, B2B

RUY REACH aims to reduce organic waste in
Cambodia, educate on proper segregationof waste disposal, and minimise landﬁlls
for a toxic-free environment.

SOGE provides solar solutions for paddy
rice, cash-crop, vegetable growing, poultry
farm and household.

SE Cambodia

MAUSO

Founded:Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

Business Model: B2C, B2B

2019

SE Cambodia supports smallholder andcommercial farmers with easy-to-use andeconomic solutions to feed and protect
their animals.

2019

MAUSO provides solutions in electrical
power distribution and automated processes
for buildings and industries.

EcoSun is a social enterprise that distributes
a large range of solar products, from small
appliances to large solar and hybrid
systems.

AET JAY
2023

AET JAY offers a new model of calling andcollecting recycle materials by using mobile
phone.

15

Startup Cambodia Insight 2023

Elephant pump

Kasekor Chhlat

Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

2022

Elephant pump helps farmers meet their
irrigation needs using a high-ﬂow,
low-cost, ﬂoating solar water pump design.

2018

Kasekor Chhlat provides a variety of highquality agricultural tools and installation ofsmart irrigation system.

Startup

Startup

16

Startup Cambodia Insight 2023

VTENH

Startups that specialize in selling and promoting their products
online through their own platforms.

Kokopon

Khmer24.com

Founded:Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

Business Model: B2C, B2B

2020

2018

2011

VTENH mobile application helps users ﬁnd
and purchase various products including
electronic appliances, clothing, groceries,
beauty products, and many more.

Kokopon is a woman-led agricultural fairtrade oriented e-commerce based platform
focusing on local products.

Khmum - eshop

L192

TenboxFounded:Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

Business Model: B2C, B2B

2018

Khmum - eShop is an e-commerce platformthat connects MSMEs, emphasizing
women-led businesses, to consumers.

2012

Khmer24.com connects buyers and sellers
across the country, making it easy to ﬁnd
what you need or sell what you don’t want.

2021

L192 is an online shopping app where
products are suggested to users based on
their interests, and users can ﬁnd products
through our advanced search tools.

Tenbox is a wholesale e-commerce
platform where customers can make entire
stock orders easily online.

Orkun APP

wefix4uFounded:Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

Business Model: B2C, B2B

BLOC Mall
2019

BLOC Mall is a platform that enables users
to purchase daily consumed products in a
few clicks anywhere, anytime.

2022

Orkun APP is a mobile application thatconnects users with vendors who provide
house maintenance services and others.

2022

weﬁx4u is an innovative booking applicationthat offers full maintenance services foryour houses, offices, and buildings.

17Startup Cambodia Insight 2023

StartupYoungsia
Purchase

BidNow

ADSA

Founded:2022

Founded:Founded:Business Model: B2C, B2B

2022

Business Model: B2C, B2B

Business Model: B2C, B2B

2022

Youngsia Purchase is a mobile applicationthat allows users to purchase countless
products from China affordably andconveniently.

BidNow is a mobile application that allows
users to buy and sell cars quickly with many
beneﬁts.

ATELIER

Cloth Bird

PhumCAKE

Founded:Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

Business Model: B2C, B2B

2023

2022

ADSA is an e-commerce platform thatconnects businesses producing safe andsecure agricultural products.

2019

ATELIER provides retailers with a B2B
commerce app that enables them to complete
order-to-delivery in a one-stop shop andpurchase directly from the makers.

Cloth Bird is a digital laundry app. Cloth
Bird works with partners near you toprovide the best laundry service.

PHZARLANHOMEAPP Asia

Founded:Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

Business Model: B2C, B2B

2020

PHZARLAN is a platform that connects
vehicle buyers and sellers without
third-party involvement.

2020

HOMEAPP Asia is a mobile application thatlets you browse blueprint, building, interior
design and construction materials...etc

PhumCAKE is an online platform whereanyone can customize, order and get
delivered a cake to celebrate any occasion,in a few clicks.

Eshop855.com
2022

Eshop855.com is a Cambodia Online
Marketplace for buying and selling
second-hand items.

Startup

18

Startup Cambodia Insight 2023

OneSalaStartups that focus on the education sector,
providing users with educational technology solutions.

Rean AAN

Sala.coFounded:Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

Business Model: B2C, B2B

2018

OneSala provides a digital e-learning
platform with various educational video
contents.

2021

Rean AAN aims to promote Khmer readingfor children through technology with Chlat
App, their educational digital library.

2018

Sala.co is an educational platform thatprovides university and school information
for high school students.

SalaCyber

SpeakTe

Dang Kouv

Founded:Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

Business Model: B2C, B2B

2019

SalaCyber is a training center thatmainly focuses on providing training
and workshop on IT security.

Stemunity
Founded:2022

Business Model: B2C, B2B

Stemunity is a startup aiming to help
students to explore themselves in the STEM
ﬁeld.

2020

SpeakTe has a mission to help students
become capable of developing goodspeaking skills.

DAILY PLUS
Learning
Founded:2018

Business Model: B2C, B2B

DAILY PLUS Learning is a platform thatprovides users with educational video
contents from experts in various skills.

2021

Dang Kouv aims to provide high school
students with personalised sessions in
STEM subjects throughhigh quality
tutoring sessions.

Edemy &
Tesdopi
Founded:2018

Business Model: B2C, B2B

Edemy is a competency-based learning
platform called Tesdopi for learning math,science, and social science.

19

Startup Cambodia Insight 2023

DataU Academy
Founded:

2020

Business Model: B2C, B2B

DataU Academy is a skills training provider
for individuals and enterprises, equipping
future data science leaders in Cambodia
with industry 4.0 needs.

Startup

Startup

20

Startup Cambodia Insight 2023

BanhJiStartups that provide innovative technology or platforms to improvecertain aspects of the financial industry and its traditional methods.

CamboFinanceSpean Luy

Founded:Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

Business Model: B2C, B2B

2016

BanhJi provides MSMEs with digital ﬁnancial
and ﬁnancing platforms that power theirﬁnancial decisions and inclusion.

U-PAY
CambodiaFounded:2019

Business Model: B2C, B2B

2019

2021

CamboFinance is a personal ﬁnancecommunity, aiming to embrace the way
Cambodian people learn and manage
their personal ﬁnance.

Spean Luy offers instant access to credit up
to $1,000 for any shopping or emergency
needs, anytime and anywhere.

Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

Morakot
Technology

Mora BNPL

2015

2022

U-Pay Cambodia forges a closer tie between
consumers and merchants by providing asimpler way of mobile payment services.

Morakot Technology provides cloud-based
core banking platforms and other solutions
for microﬁnance institutions and banks.

BOBA

Banki

Founded:Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

Business Model: B2C, B2B

2023

BOBA has developed Smart Uni, an applicationintergrated with a bank ecosystem whereusers can win prizes from games as incentives.

2023

Banki is a Fintech app that will allow users
to connect all banks in one app.

Mora BNPL offers ease and ﬂexibility of
payment by helping users purchase any
products from partnered merchants withinstallments.

Bomnin2023

Bomnin is a WebApp that analyzes personalﬁnance for SMEs in food and beverage, retail,and wholesale sales.

21Startup Cambodia Insight 2023

KotluyFounded:2021

Business Model: B2C, B2B
Kotluy offers a SaaS Financial Management
Platform for individuals and SMEs to set
goals, budget, and track transactions.

Startup

Startup

22

Startup Cambodia Insight 2023

CancerCo.

Startups that uses technology to develop health-related products
and services.

TOVPET

MeetDoctor

Founded:Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

Business Model: B2C, B2B

2022

2019

2018

CancerCo. is on a mission to promote early
diagnosis of cancers by providing healthcare
information and consultations withexperts.

TOVPET is an online pharmacy platform,
offering safe, affordable medicines and freehealth consultation.

PrimPharma

Hospicare

Pethyoeung

Founded:Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

Business Model: B2C, B2B

2023

PrimPharma is on a mission to become an
information hub for health care services,
treatment, and medications.

2019

Hospicare serves as the medical caregivers
to those needing professional healthcare
both physically and emotionally.

MeetDoctor is a mobile application thathelps users conveniently book online
consultations with medical professionals.

2015

Pethyoeung is a cloud-based hospitalmanagement platform created to advancethe healthcare ecosystem.

23

Startup Cambodia Insight 2023

Dosslarb

StartupStartups that develop and create online content and services.

Khmerload

LuyBookFounded:Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

Business Model: B2C, B2B

2020

2012

2019

Dosslarb is a multimedia platform aiming topromote the well-being of young Cambodians,by ﬁrst taking a step on the discussion ofsexual and reproductive health.

Khmerload entertains its viewers with news
contents especially people's news.

Sastra Film app

Curiosity

Kiripost

Founded:Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

Business Model: B2C, B2B

2020

2021

Sastra Film app is a Video on Demand (VOD)
streaming platform that brings all the latest
releases, original series and movies.

Curiosity is a page to discuss topics such as
mental health, personal experience, andknowledge of various skills.

Next Level
Entertainment

Focus Cambodia

2023

2020

LuyBook shares ﬁnancial knowledge in
Khmer for young Cambodians to understandmore about managing ﬁnances.

2021

Kiripost is an independent digital media
company that has been reporting on
Cambodia’s business, tech and startup
scene since its launch in late-2021.

UOT APPFounded:Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

Business Model: B2C, B2B

Next Level Entertainment is a movement toelevate the Cambodian gaming scene to#TheNextLevel.

Focus Cambodia is a social enterprise that
produces engaging journalism for the key
change-makers of tomorrow.

2020

UOT APP is to become the leading digitalcommunity for travel enthusiasts in
Cambodia.

Startup

24

Startup Cambodia Insight 2023

Chumrum
DigitalSnapkyu

BondoulFounded:

2020

Founded:Founded:Business Model: B2C, B2B

2021

Business Model: B2C, B2B

Business Model: B2C, B2B

Chumrum Digital was created to shareknowledge of digital hygiene and online
security in Khmer.

Snapkyu allows you to connect with friends,
share what you’re up to, or see what’s newfrom others worldwide.

AGORA Eco-Ads

Scholar Library

Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

2021

AGORA Eco-Ads supports the single-use
plastic reduction movement via digitalplatforms and social media.

2016

Scholar Library aims to promote intellectual
society and economy in Cambodia. Library
encourage local people to create local
knowledge resource for country.

2023

Bondoul helps enterprises, in onboarding
talented interns who are actively looking
for paid internships.

25

Startup Cambodia Insight 2023

Rising Giants
Founded:2021

Business Model: B2C, B2B

StartupStartups that create digital content in the form of episodic audio series.

Dy ReelPhatcast

Rean Podcast

Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

2023

2021

Rising Giants serves as an upbeat medium
for changemakers to share their experiencebuilding in some of the most dynamic andpositively evolving countries.

Dy Reel PhatCast is a collaborative podcast
with three Cambodian creators focusing onContent Creator Economy, Consumer Tech,
Digital Security and Film / Video Production.

Rean Podcast is a digital audio series about arandom topic by entertainers or inﬂuencers
in Cambodia, naturally and non-performing.

MED Podcast

Vipassa Podcast

Founded:Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

Business Model: B2C, B2B

Podcast Them
Maong
2023

Reborn as "Podcast Them Maong" from theoriginal "Nerd Minute Podcast". We backbigger, more value, and even more engaging.

2022

MED Podcast talks about medical school in
Cambodia.

2016

The Vipassa Podcast is a transformative
experience that uses inspirational storytellingto change people's lives positively.

Startup

26

Startup Cambodia Insight 2023

ChandyIndividuals who are well-known throughout the internet and social media and use
their influence to promote and endorse certain lifestyles, products or services.

RunawayFounded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

2017

I make easy-to-understand technology
videos so that you can use it in the right
way.

2016

Runaway is a digital creator who is allabout saving and earning money to ﬂee
the country and return.

Seng
Rothsethamony
Founded:

2020

Business Model: B2C, B2B

SENG Rothsethamony is a content creator
who creates educational and inspirational
videos about study tips and tricks.

Switching

Rean Thort

JarnEng

Founded:Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

Business Model: B2C, B2B

2020

Switching creates content to engage withyouth to help them build their capacity,
education, and modern youth lifestyle.

2014

I share my personal experience aboutphotography, technology and my life with
my audience.

2020

I read books about self development andapply them in real life! I recount thoseoften hilarious fails, but sometimes
worthwhile life-changing journey here.

Zell

Poly ratanak

Founded:Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

Business Model: B2C, B2B

2013

Storytelling via video content is my
passion, don't care Youtube gonna pay me
or not ill make them anyways.

2017

My name is Mony Polyratanak. My journey
is to get better in life so join me if you havethe same goal.

Film Reel
2018

Film Reel shares entertainment andknowledge related to cameras, photography,
video production, new content, and technology.

27

Startup Cambodia Insight 2023

Tovtrip

StartupStartups in the travel and hospitality industry that aim to help
users plan their trips conveniently.

Unseentra

Camboticket.com

Founded:Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

Business Model: B2C, B2B

2023

2016

Tovtrip is a platform where users canconveniently ﬁnd ﬂights, accommodation,transportation, tour packages, activities, andmore.

Unseentra is an online booking platform
which allows tourists to book local andauthentic activities/experiences in Cambodia.

Bookmebus.com

TapAppFounded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

2015

Bookmebus.com is a ticket-booking
platform that helps users ﬁnd and bookvarious transportation methods arund
Cambodia, Vietnam, Thailand, and Laos.

2022

A leading long-distance taxi service
in Cambodia covering from/to Thailand,
Vietnam, and Laos.

2015

Camboticket.com provides real-time online
bus and ferry ticket booking service in a
simple and efficient way.

Startup

28

Startup Cambodia Insight 2023

CheckinMe

Startups that develop and deliver applications over theInternet as a service.

JobifyCasstack

Founded:Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

Business Model: B2C, B2B

2019

2018

2019

CheckinMe is a digital business solutionthat helps enterprises automate their
human resources and sales activities
through QR code.

Jobify is a job matching service specialized
in IT, providing accessibility to a vast poolof job opportunities.

Invoice Mouy

LocalizeBook

KakveiFounded:Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

Business Model: B2C, B2B

2021

Invoice Mouy is a simple online invoicing
software that provides online payments andtax-compliant invoices to SMEs.

Delightech Plc.
Founded:2021

Business Model: B2C, B2B

Delightech Plc. helps unbanked people gain
convenient, instant access to ﬁnancial
products without complicated requirements.

2018

Casstack chatbot helps business owners
reduce their workloads as well as respondand connect to customers quickly.

2022

LocalizeBook accounting system helps
businesses keep their transactions accurate
and in accordance with the AccountingStandards.

Kakvei provides a tool to convert Khmertransliteration into Khmer words and tocheck Khmer documents or articles forunexpected spelling mistakes.

Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

Khmer Tech
Market2020

Khmer Tech Market provides matching
between the supply and demand sides oftechnology, science, and engineering services.

Bong IT2019

Bong IT provides website and mobile
application development and technology
consultant for various businesses.

29

Startup Cambodia Insight 2023

StartupeCO app

Kommong

Hor PaoFounded:Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

Business Model: B2C, B2B

2021

eCO app provides end-to-end solutions
such as eCo Digital Menu, eCO StoreOperation, and eCO Premium Store.

2023

Kommong is a mobile application thatallows users to manage their orders andstock up products.

Optimus606 Digital

Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

2021

Optimus fuels security innovation throughintelligent License Plate Recognition
System.

2023

A media production and softwaredevelopment agency that aims to provide
an outstanding service.

2021

Hor Pao app is a POS system that helps
businesses control their sales and ﬁnancial
data anywhere, anytime.

DigitalMavericks
Founded:2023

Business Model: B2C, B2B

A platform for make online table reservationand order the food.

Polymer
InvoiceCampus. byWonderpass

InsurTech

2022

2022

2023

Founded:Business Model: B2C, B2B
We offer you an invoice management
software integrated with accounting books
and QR payment gateway.

Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

Cambodia's ﬁrst Student Financial
Launchpad App provides ﬁnancial tools
and discounts for students.

InsurTech developed a blockchain-based
system for decentralized data storage of
insurance client records.

Startup

30

Startup Cambodia Insight 2023

MGA CoverWorkingna

Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

2015

MGA Cover is an Insurtech company that
digitalises insurance products from mosttrusted insurance companies in the kingdomof Cambodia.

Quadusk
Founded:2021

Business Model: B2C, B2B

Quadusk offers two primary services: Real
Estate Property Promotion (Virtual Tour
Technology) and Construction Technology.

2019

Workingna.com is widely recognized as
the foremost and highly efficient automatedhiring platform in Cambodia

Ocean Technology
Co., Ltd.
Founded:2010

Business Model: B2C, B2B

Ocean Technology Co., Ltd. is a GPS tracking
system and GPS products provider in thelocal market.

31

Startup Cambodia Insight 2023

Bro Express

StartupStartups that develop applications or platforms to help users
book their means of transportation and deliver packages.

MoveryRaksa Delivery

Founded:Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

Business Model: B2C, B2B

2019

2022

2021

Bro Express is an international delivery andlogistics company, specializing in delivery
from Thailand to Cambodia, Vietnam, Laosand from Cambodia to Thailand.

Movery is a moving service aiming to
reduce waste during moving such as plastic
and one-time-use materials.

Jalat Logistics

SursdeiFounded:Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

Business Model: B2C, B2B

2021

2023

Jalat Logistics has built a transparent,
eco-friendly, and hyperlocal logistic
process and model, keeping the planet CO2
free and healthy.

Sursdei is committed to provide the best
online experience for users to safely buy
any products online at a reasonable price.

Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

LuckyMeFoodDelivery

NHAM242023

2016

We're creating LuckyMe to improve economy
in Cambodia especially for Our Riders andMerchants.

NHAM24 is a Cambodian-founded super
app that offers a variety of services to makelife easier, and more convenient.

Raksa Delivery is a delivery platform thatprovides information from picking up,
delivery status & estimation, to getting
delivered.

Zippy Express
2022

Zippy Express aims to solve and simplify
the delivery service for online businessowners by enhancing the efficiency andreliability of the services.

Startup

32

Startup Cambodia Insight 2023

JUNLENStartups that offer innovative products or services using
existing technologies.

SPIEN

Husk

Founded:Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

Business Model: B2C, B2B

2018

JUNLEN recycles organic waste into richnutrients through the cultivation ofearthworms.

2018

2018

SPIEN was created to promote local agricultural
products while also connecting farmers or
producers to suppliers of agricultural equipment
and techniques.

Husk has developed biochar-based fertilizers
which regerate degraded soils, improving
yields and helping farmers increase longterm proﬁtability.

Founded:Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

Business Model: B2C, B2B

SmartAgro2020

SmartAgro is committed to achieving theSDGs through designing, engineering andimplementing new cropping systems.

WeFarm2020

WeFarm is a social enterprise thatconnects people to farming and promotes
agri-tourism in Cambodia.

Agri House2019

Agri House has developed climate-resilient
solutions for marginalised communities topromote inclusion, alternative livelihoods,
and good nutrition for youth.

SUDrain

MeaKeaFounded:Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

Business Model: B2C, B2B

2018

SUDrain is a social enterprise working on
wastewater treatment and management.

2021

MeaKea is a youth-for-youth project thatguides students to become a skillful, capable workforce.

VIPASSA2018

VIPASSA is on a mission to build mindful
leaders by bridging their hearts and minds
to their unique, authentic callings.

33

Startup Cambodia Insight 2023

Startup

Inclusion+

AGRO Nature

Solo Landscapes

Founded:Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

Business Model: B2C, B2B

2019

Inclusion+ is a digital platform thatconnects people with disabilities withvarious job opportunities.

2021

AGRO Nature promotes organic andeco-friendly products by producing compost
through upcycling organic waste.

Cambodia Coaching
Institute

CONSA Tech

Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

2022

Cambodia Coaching Institute aims to train
and nurture an army of transformative
coaches, enabling healing and thriving in
Cambodia.

2022

CONSA Tech unites SMEs/Industries, Service
Providers, Universities, Government, andConsumers to support Cambodia's growth infood, cosmetics, and pharmaceuticals.

2019

Solo Landscapes promotes eco-tour-related
sustainable tourism through new experiencesin community engagement, environmental
responsibility, and survival skill.

SAMATOA LOTUSTEXTILES
Founded:2013

Business Model: B2C, B2B

To be the most innovative and socially
responsible producer of sustainable textiles.

Cyber Savants

Fixh.me

MUCH Mobile Health
CareFounded:Founded:Founded:Business Model: B2C, B2B

Business Model: B2C, B2B

Business Model: B2C, B2B

2023

Cyber Savants involves building athird-party app with speciﬁc functions for
Merchants and Delivery Drivers.

2019

Fixh.me offers home maintenance services
such as AC, washing machine repair, andplumbing/electricity solutions.

2016

We are the professional home health care ﬁeld
in Cambodia.

Startup

34

Startup Cambodia Insight 2023

AGRO AGAPE
Co., Ltd.

BomNorng

BondoulFounded:2018

Founded:Founded:Business Model: B2C, B2B

2022

Business Model: B2C, B2B

Business Model: B2C, B2B

AGRO AGAPE is a coffee business led by
women on whole supply chain that stands
behind farmers to create a support system
by training and developing their products.

BomNorng is a website that helps university
students to get job opportunities.

2023

Bondoul is a non-proﬁt organization thatconnects companies with student applicantsseeking paid internships.

35

Startup Cambodia Insight 2023

LUMA

Smart Farm
AssistanceAdero

Microport

Kela

SAFE PHONESERVICESERSITY

Startup

SaveUp

EatyPal

Moul

napt

E-Piller

ARSAR

DermLuy

KlemBox
SIE

Khmerism
Keyboard

Solar
Innovation
Edge

Khmer
Probiotics

JAYA

Clik

Haystome

FaS eKYC

EcoBuddy

3S

Housing Mate Tos Rean

Malis

*Startups that lack operational activities and presence.

Startup Cambodia Insight 2023

MENTORMentor.

Mentors are experienced individuals who provide guidance,
support, and advice to less experienced individuals, known as mentees.

Mentor38

Startup Cambodia Insight 2023

MENTOROVERVIEW

65
Mentors18
27.69%

Entrepreneurship& Marketing

Out of 65 Mentors, only 20% are female.

24.62%of all mentors hold position as founder,
co-founder and CEO of their own business.

15
23.07%

Management14
21.53%

Technical

11 7

16.95%

Financial

10.76%

Strategic& Analytical*Reader’s should be aware:

Based on the survey conducted on Mentor, Mentor’s Name that is colored in Blue indicates that the indiviual has provided an updated proﬁle for 2023.
Name that is colored in Orange indicates that the info has been reused from the previous year.

39

Startup Cambodia Insight 2023

MentorMr. Kimmeng
Hao

Mr. Penhchet
Dara

Skillsets:
Full-Stack Development,
Front-End Development, User
Experience and User Interface

Skillsets:
Blockchain,
Full-Stack Development,
Back-End Development

Mr. Chetra
Seng

Mr. Rina
Buoy

Skillsets:
Full-Stack Development,
Front-End Development,
Back-End Development

Skillsets:
Product Development,
Artificial Intelligence,
Full-Stack Development

Mr. Sovisal
ChendaMr. Thydaduong
MaradySkillsets:
Business Development,
Laws and Regulations,
Artificial Intelligence

Skillsets:
Full-Stack Development,
Front-End Development,
Back-End Development

Mr. Teckchun
Aing

Mr. Borin
Min

Skillsets:
Product Development,
Full-Stack Development,
Front-End Development

Skillsets:
Artificial Intelligence,
Full-Stack Development,
Back-End Development

Front-end Developer,
Software House, Startup

Full-Stack Developer,
SaaS, EdTech

Applied-Ai Associate Researcher,
EdTech, Machine Learning

Senior Software Developer,
Gig Economy, Software Development

Software Engineer,
E-Commerce, SaaS

Applied AI Researcher,
EdTech, Artificial intelligence

Developer,
E-Commerce, Service

Software Developer,
SaaS, Tech Company

Mentor40

Startup Cambodia Insight 2023

Mr. Ponhrith
Nhep

Mr. Kokpheng
Yin

Skillsets:
Business Development,
Pitching and Sales,
Back-End Development

Skillsets:
Software Engineering,
Back-End Development,
Technology research

Mr. Serey VathanaTum

Ms. Porhour
Ly

Skillsets:
Blockchain,
Full-Stack Development,
Product Development

Skillsets:
UX/UI,
Design Thinking,Branding Identity & Strategy

Project Manager,
FinTech, EdTech

Software Developer,
FinTech, Software Development

Mr. Chhaileng
Peng

Senior Software Developer,
Software Engineering, Tech
Skillsets:
Project Management,
Blockchain,
UX/UI

Mr. Lymeng
Pen

Chief Technology Officer,
FinTech, Telecommunication
Skillsets:
Software Engineering,
E-Commerce,
Computer Science

CamDX Tech Manager,
Technology, Software

Manager, UX/UI Designer,
Technology, Consulting

41

Startup Cambodia Insight 2023

MentorMr. Chhory
Toeun

Mr. Tobias
Bauer

Skillsets:
Business Development,
Business Management,
Financial/Funding Management

Skillsets:
Sales Forecasting,Funding & Capital,
Pitching and Sales

Mr. Seyla
Sok

Ms. Sophy
Ly

Chief Executive Officer,
CleanTech, Tourism

Principal,
Investment, Consulting

Project Coordinator,
CleanTech, Tourism

Executive Assistant and Analyst,
FinTech, Service

Skillsets:
Laws and Regulations,
Financial/Funding Management,
Sustainability

Skillsets:
Business Planning,
Strategy Formulation,
Department Performance Tracking

Mr. Phorst
Chim

Mr. Paul
Leong

Skillsets:
Trust Regulator,
Financial & Business Models,Approaching Investors

Skillsets:
Funding & Capital,
Mergers & Acquisition,
Venture Capital

Ms. Kimlang
Choeu

Mr. Chhiengleng
Phan

Skillsets:
Cost Accounting,
Financial Accounting,
Financial & Business Models

Skillsets:
Legal: IP,
Real Estate,
Joint Ventures

Trust Regulator,
FinTech, Public Sector

Financial Planning and Analysis Manager,
Finance, Food and Beverage

Vice President,
Investment Banking, Banking

Lawyer,Investment Law, Commercial Law

MentorStartup Cambodia Insight 2023

Mr. Thomas
HeskethDeputy Executive Director,
Investment, Private Sector
Skillsets:
Product Market Fit,
Impact Measurement,
Financial & Business Models

Mr. Bandith
KeoFounder,
E-Commerce, Investment
Skillsets:
Digital Marketing,
Financial Accounting,
Financial & Business Models

Mr. Rithy
San

Managing Director,
FinTech, Finance
Skillsets:
Financial Accounting,
Financial & Business Models,
Cost Accounting

42

43

Startup Cambodia Insight 2023

Mentor

Ms. Chanthy
Oem

Ms. Ponnary
Path

Skillsets:
Business Development,
Business Management,
Team Management

Skillsets:
Business Development,
Pitching and Sales,
Business Management

Ms. Ilana
TullochMr. Kolmen
Tin

Skillsets:
Business Development,
PR and Marketing,Business Management

Skillsets:
Business Development,
Business Management,
Project Management

Mr. Hongthakvika
Lov

Mr. Saly
Uon

Skillsets:
Business Development,
Product Development,
Full-Stack Development

Skillsets:
Business Development,
Customer Acquisition,
Product Market Fit

Mrs. Molika
Meas

Mr. Borei
Pat

Skillsets:
Business Development,
Business Management,
Financial/Funding Management

Skillsets:
Soft Skills/Communication,
Leadership/Inclusion,
Digital Marketing

Startup Program Coordinator,
Service, Program Management

Founder,
E-Commerce, Tourism

Co-founder & CEO,SaaS, Software Development

Co-founder and Group CEO,
FinTech, E-Commerce

Chief Executive Officer,
Social Media, Service

Founder and Managing Director,
Social Media, Service

Managing Director,
Automotive, Manufacturing

Director,
Tourism, Hospitality

Mentor44

Startup Cambodia Insight 2023

Mr. Rotha
ChhoemMr. Elj
Mangahis

Skillsets:
Business Development,
Pitching and Sales,
Product Market Fit

Skillsets:
Venture Capital,
Financial & Business Models,
Go-To-Market Strategies

Ms. Chanamrithvatey
Kim

Ms. KimTan

Skillsets:
Go-To-Market Strategies,
Business Development,
Financial & Business Models

Skillsets:
Leadership/Inclusion,
Soft Skills/Communication,
Personal Coaching

Mr. Emanuele
Faja

Mr. Hai
Chhieng

Skillsets:
Product Development,
Design Thinking,Branding Identity & Strategy

Skillsets:
Business Development,
Customer Acquisition,
Product Market Fit

Managing Director,
Consulting, Coaching

Founder & Managing Director,
CleanTech, Service

Chief Executive Officer,
Technology, Consulting

Mr. SovandaraSan

Co-Founder,
Construction, Real Estate
Skillsets:
Monitoring & Evaluation,
Leadership/Inclusion,
Branding Identity & Strategy

Investment Professional,
Banking, Investment

Coach,
Coaching, Consulting

Manager,
Trade Management, Recruitment

45

Startup Cambodia Insight 2023

MentorMr. Rithyden
Ren

Mr. Nguon (Edward)
Lim

Skillsets:
Business Development,
Product Development,
Blockchain

Skillsets:
Marketing & Branding Strategy,
Design Thinking,Product Development

Dr. Vatana
Chea

Mr. Juveris
Tenisons

Skillsets:
Business Management,
Financial/Funding Management,
Talent + Recruiting

Skillsets:
Marketing & Branding Strategy,
Design Thinking,Strategy Development

Mr. Virasak
Sokun

Ms. Lilit
Margaryan

Skillsets:
PR and Marketing,
Product Development,
Business Management

Skillsets:
Product Market Fit,
Education,
Product Development

Software Engineer,
E-Commerce, Manufacturing

Vice President,
EdTech, Academia

M&E Assistant,
Human Resources, Public sector

Ms. XinYan
Jiang

Head of Finance and Strategy,
Tourism, Investment
Skillsets:
Pitching and Sales,
Business Management,
Financial/Funding Management

Director of Strategic Services,
Service, Marketing

Branding & Strategy Expert,
Advertising, Creative

Sr Product/Growth Manager,
EdTech, Technology

Mentor46

Startup Cambodia Insight 2023

Mr. Soveaddh
PechMr. Ratheany
Uy

Skillsets:
Business Development,
PR and Marketing,
Pitching and Sales

Skillsets:
Business Development,
Financial/Funding Management,
Talent + Recruiting

Ms. Sophavina
BunthanMr. Seavpor
Teng

Skillsets:
Business Development,
PR and Marketing,Business Management

Skillsets:
Business Development,
Pitching and Sales,
Product Development

Dr. Meirambek
Zhaparov

Mr. Sophara
Phorn

Skillsets:
Product Development,
Talent + Recruiting,
Artificial Intelligence

Skillsets:
Business Development,
PR and Marketing,Business Management

Mr. Nam
Sok

Mr. Sovannarith
Ouch

Skillsets:
Business Development,
Product Development,
Business Management

Skillsets:
Business Development,
Pitching and Sales,
Product Development

CEO and Co-founder,
Tourism, Social Media

Startup Program Associate,
E-Commerce, Agri-Tech

Vice-Rector for Student Affairs,
EdTech, Academia

Operation Manager,
Gig Economy, Logistics

Managing Director,
Service, Investment

Director,
E-Commerce, Trading

DDG’s Assistant,
FinTech, Gig Economy

Startup Program Associate,
Service, Startup Support

47

Startup Cambodia Insight 2023

Mr. Virak
Run

MentorMr. Reaksmey
Thy

CEO & C0-Founder,
Tourism, Social Media

Co-founder & Senior Technical Advisor,
Service, Mentoring

Skillsets:
Business Development,
Product Development,
Business Management

Skillsets:
Soft Skills/Communication,
Branding Identity & Strategy,
Business Development

Mr. Awen
DelavalMr. Sirey
Sum

Co-Founder,
Consulting, Service

Business Development Manager,
CleanTech, Consulting

Skillsets:
Business Development,
Project Management,
Digital Economy

Skillsets:
Impact Measurement,
Branding Identity & Strategy,
Product Development

Mr. Bill
Chea

Ms. Vichra
Di

Skillsets:
Project Management,
Business Development,
Pitching and Sales

Skillsets:
Supply Chain Management,
Product Development,
Digital Marketing

Mr. Chandara
Sok

Ms. Katerina
Kim

CEO and Social Entrepreneur,
Influences, Social MediaBusiness Owner,
E-Commerce, Social MediaBDM and Head of Marketing,Marketing, Supply Chain

Director of Marketing and Branding,Banking, Finance

Skillsets:
Supply Chain Management,
Go-To-Market Strategies,
Sales Forecasting

Skillsets:
Go-To-Market Strategies,
Digital Marketing,PR & Communications

MentorStartup Cambodia Insight 2023

Mr. Sam Ath
Houy

Lecturer of Business Management,
Education, Entrepreneurship
Skillsets:
Business Development,
Product Market Fit,
Startup Governance/Structure

Mr. Chamroeun
Rich

Founder and Managing Director,
FoodTech, AgriTech
Skillsets:
Product Development,
Product Market Fit,
E-Commerce48

Startup Cambodia Insight 2023

PROGRAM

Program.
Programs are structured initiatives designed to support andnurture startups at every stage of their development.

51

Startup Cambodia Insight 2023

Program75

Programs

20

International

55
National

21 Innovations
6 Incubations

11 Accelerators

6 Hackathons
1 Scholarship

1 Internship

16 Entrepreneurship Courses

3 Mentor Recruitments
10 Awards

ProgramStartup Cambodia Insight 2023

HIGHLIGHT PROGRAMS

52

Startup Cambodia Insight 2023

EVENT

Event.

Events are conferences, meetups virtually or physically,
or expo that bring together entrepreneurs, investors,
industry experts, and other stakeholders.

55Startup Cambodia Insight 2023

7

Expos

30

VirtualSessions

Event

24

Conferences

96
Events35

MeetupsEventStartup Cambodia Insight 2023

HIGHLIGHT EVENTS

56

Startup Cambodia Insight 2023

INVESTOR

Investor.
Investors are individuals or entities who provide ﬁnancial backing
to startups/companies with high growth potential.

59

Startup Cambodia Insight 2023

Investor

INVESTOR OVERVIEWTOTAL INVESTMENT IMPORTANT FACTORS DECIDING FACTORSWHEN INVESTING

20
approximately

BILLION

RIELS

TEAM
EXPERIENCE

87%

MONETIZATION

50%INNOVATION &DIFFERENTIATION

87%

EASE OFDOING BUSINESS

43%

MARKETPOTENTIAL

67%

IMPORTANTAVERAGEINVESTMENT STAGESInternational Investors

Domestic Investors

SECTOR PREF

LOGISTICS B2B SAAS WEB 3.0
AGRITECH FINTECH EDTECH

SECTOR AGNOSTIC HEALTHTECH

SEED

49% 17%OF INVESTORS

17%

OF INVESTORSOF INVESTORS

17%

OF INVESTORS

PRE-SERIES A

PRE-SEEDHIGH GROWTH POTENTIAL

URGENCY TO BE MARKET LEADERALIGN WITH INVESTOR’S INTERESTTEAM MANAGEMENT AND LONGEVITY
NATIONAL IDENTITY AND AWARENESSCONCERNS FOR
MOST WHEN INVESTING
From Least to Most

LACK OFINFRASTRUCTURE & REGULATORYSUPPORT IN ECOSYSTEMLACK OFDATA AND INFORMATIONMARKETUNCERTAINTY

WITHHOLDING TAXTOO HIGH!

*Note: We fully acknowledge that these data doesn’t reﬂect the whole ecosystem but is based on the result that investors chose to provide us through a survey.
These numbersv are approximate based on the average ticket size and the amount of deals.

Investor

60

Startup Cambodia Insight 2023

In 2023, there were 16 Startup Support Programs with cash prize*, run by 7 key incubators and accelerators,
and disbursed a total of 2.39 billion riels worth of financial support (in term of pre-seed, seed and cash prize)
to 64 winning startups/businesses combined.

4 Programs

1 Program

6 Programs

1 Program

2 Programs

8 Startups

5 Startups

25 Startups

3 Startups

12 Startups

299.3 Million Riels

53.3 Million Riels

967.6 Million Riels

24.6 Million Riels

492 Million Riels

430.5 Million Riels
7 Startups
1 Program

2.4
Billion Riels
Total
Grant
approximately

123 Million Riels
4 Startups
1 Program*Note: The amount is based on a conversion rate of 1$=4100 Riels* The ﬁgure is not exhaustive - only capturing programs with ﬁnancial support disbursed to winning teams in 2023.

61

Startup Cambodia Insight 2023

Investor

Besides support programs, there were 2 key Awards & Recognition events* in 2023 as well,namely Cambodia Digital Awards 2023 by CADT and KE Awards 2023 - with a combined cash prizes of 235.8 million riels.

3 Categories

5 Categories

11 Awardees

5 Awardees

162 Million Riels

73.8 Million Riels

236
Million Riels
Total
Grant
approximately*Note: The amount is based on a conversion rate of 1$=4100 Riels* KE Awards also have SME Category and CDA Awards are open to all actors including Corporates.

Startup Cambodia Insight 2023

STAKEHOLDER

Stakeholder.
Stakeholders refer to individuals or entities
with a vested interest in the success and outcomes of a startup.

Stakeholder

Startup Cambodia Insight 2023

2023

64

65

Startup Cambodia Insight 2023

Stakeholder

PRE-INCUBATORACCELERATORHACKATHON
INCUBATOR

Stakeholder

Startup Cambodia Insight 2023

66

67

Startup Cambodia Insight 2023

2023

Stakeholder

Stakeholder

Startup Cambodia Insight 2023

68

69

Startup Cambodia Insight 2023

Stakeholder

Stakeholder

Startup Cambodia Insight 2023

70

Startup Cambodia Insight 2023

Stakeholder

PRE

S

S

CE

2023

EN

71

CO NFERStakeholder

Startup Cambodia Insight 2023

72

Startup Cambodia Insight 2023

STARTUP CAMBODIAECOSYSTEM STATUS

Startup Cambodia Ecosystem Status

74

Startup Cambodia Insight 2023

THE STATUS OF STARTUP CAMBODIA ECOSYSTEM:

2022 vs 2023

Total
Active Startups

98
150

Tech-Enabled
Startups

44
21

Tech
Startups+53%-52%
Technical
Founders

54
129

+139%
FemaleFounders

Startup Related
Programs

108
75

Startup Related
Events275
96

Mentors46
65

International
Exposure

3
15

Total
Investments + Grants

No Data
22.3 Billion Riels

-31%

69
136

+97%

55
84

+53%

-65%

+41%

+400%

2022
2023
*Note: All Data are collected from the Startup Cambodia Digital Platform

Startup Cambodia Insight 2023

CREATING A PROFILEON STARTUP CAMBODIA

Download “CamDigiKey” on your mobile device,register your account and wait for approval.

Go to “startupcambodia.gov.kh”
and click on “Login” on the top right corner.
startupcambodia.gov.kh

2
3 4
Click “Login with CamDigiKey”,
then the QR code page will pop up for you to scan.

Scan the QR code, then key in your 6-digit codeon your mobile device. You are done!

1. CLICK ON YOUR PROFILE,
THEN CLICK ON YOUR NAME

2. SELECT THE ROLE
THAT FITS YOU

3. FILL IN YOUR INFOMATION,
THEN CLICK CREATE

YOU ARE DONE!

Startup Cambodia Insight 2023

OUR PARTNERS

1

Scholarship

11

Accelerators

10
Awards16 21

Innovations

35

6

Program

Event

Entrepreneurship
Courses

1

Meetups

3

24

Conferences

Expos

6

AgriTech

Incubations

OnlineMedia

HealthTech

Online Travel
Transport &DeliveryBlockchain

StartupStartup

keh
old
er

MentorSaaS

FinTech

E-Commerce

Tech-Enabled

Entrepreneurship

Sta

CleanTech

Corporates

EdTechTechFinancial

Analytical

ECOSYSTEM

7

MentorRecruitments

Technical

2023
STARTUP CAMBODIA

Virtual Sessions

InternshipHackathons

MAP OF

30

Government
Institutions
Communities &Associations

Media

Management

Service
ProvidersAcademic
Institutions
Accelerators &Incubators

Investor
22.6

APPROXIMATELYBILLION RIELS

ESOs & Awards

TOTAL

Traditional Investors

Development
Partners

Co-Working
SpacesA YEAR-TO-DATE REPORT ON THE STARTUP ECOSYSTEMAND THE ESSENTIAL FEATURES ON STARTUP CAMBODIA DIGITAL PLATFORM
This publication is funded by: