KUALA LUMPUR, Malaysia, Feb. 16, 2026 /PRNewswire/ -- Malaysia's digital transformation continues to gain momentum as the Malaysia Digital Economy Corporation (MDEC) strengthens its efforts to empower local innovators through strategic collaborations and alternative funding avenues.
One of the latest success stories emerging from Malaysia's digital ecosystem is WAHDAH Technologies Sdn. Bhd., a homegrown mobility and travel-tech company that connects mobility, automotive and tourism sectors through an integrated digital platform.
MDEC has been instrumental in WAHDAH's journey, facilitating ecosystem visibility, providing market access and enabling participation in strategic digital adoption programmes These initiatives have helped strengthen WAHDAH's technological capabilities, accelerate its business model evolution and support its regional growth trajectory.
This announcement comes at a pivotal time as Malaysia advances its digitalisation agenda under Malaysia Digital (MD) and RMK12, particularly within priority areas such as digital mobility, travel-tech and platform-based innovation. The collaboration between MDEC, Malaysia Debt Ventures Berhad (MDV) and WAHDAH also reinforces aspirations under AI Nation 2030, supporting the development of data-driven mobility solutions, fleet intelligence and cross-border digital trade.
"MDEC remains committed to empowering high-potential Malaysian innovators such as WAHDAH to accelerate digital adoption and regional expansion," said Anuar Fariz Fadzil, Chief Executive Officer of MDEC "This collaboration with MDV reinforces key national priorities under Malaysia Digital (MD), RMK12 and AI Nation 2030 by supporting data-driven mobility platforms, strengthening digital-first business models and opening pathways for Malaysian tech companies to grow across Southeast Asia. WAHDAH's progress reflects the strength of Malaysia's ecosystem in nurturing future regional digital champions."
Recognizing WAHDAH's potential to lead innovation in Malaysia's digital mobility landscape, Malaysia Debt Ventures Berhad (MDV), a subsidiary of the Minister of Finance (Incorporated) [MOF Inc] and an agency under the Ministry of Science, Technology and Innovation (MOSTI), has extended a RM2.5 million financing facility to support and accelerate WAHDAH's mission. MDV's financing assistance model supports WAHDAH's working capital needs to sustain business growth and strengthen operational capacity.
Together, MDEC and MDV have carved a clear growth pathway for WAHDAH, supporting its scale up and positioning the company towards a cumulative projected revenue growth of RM40 million
WAHDAH is a mobility and travel tech company that connects the worlds of mobility, automotive, and tourism by empowering how people move, own, and experience travel across Malaysia, Indonesia, and Singapore through both physical hubs and digital platforms.
Operating across all key economic regions of Malaysia, WAHDAH is supported by nearly 100 employees with physical touchpoints nationwide, including regional hubs and satellite offices in Langkawi, Kuala Lumpur, Penang, Ipoh, Melaka, Johor Bahru, Jakarta and Singapore. These hubs serve as strategic bases that provide comprehensive end-to-end mobility and customer support solutions.
By leveraging digital platforms and data-driven systems, WAHDAH has redefined the mobility experience across Southeast Asia. Its ecosystem includes Driveo, a fleet management platform that digitizes the full cycle of vehicle ownership from Purchase, Protect, Maintain, Earn, and Sell and Trevabook, a travel-tech brand that delivers authentic, locality-driven travel experiences in line with Malaysia's vision of sustainable and inclusive digital growth.
"WAHDAH has demonstrated strong potential and capability to scale beyond Malaysian shores and MDV is confident that with the right funding support, it will continue to grow and deliver impact across the wider digital ecosystem," said Rizal Fauzi, Chief Executive Officer (CEO) of MDV.
This partnership underscores MDV's continued commitment to empowering technology-based companies and start-ups through innovative and specialized solutions that drive sustainable growth and strengthen Malaysia's position as a regional innovation hub."
Following WAHDAH's strong performance, WAHDAH is continuously seeking strategic opportunities that can further accelerate its growth and technological advancement.
The alignment between MDEC's digital empowerment programs and MDV's financing initiatives, and the success of local innovators like WAHDAH reflects Malaysia's evolving strategy, one that merges institutional support, innovation and entrepreneurship to strengthen the digital economy.
Through continued collaboration, Malaysia reaffirms its commitment to building a dynamic, sustainable, and inclusive innovation ecosystem, one where public and private sectors move in tandem toward a shared vision of a future-ready digital nation.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
MDEC and MDV Join Forces to Accelerate WAHDAH's Mission in Shaping Malaysia's Digital Mobility and Travel Tech Ecosystem
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TOKYO, March 15, 2026 /PRNewswire/ -- Sushui Tech, a leading innovator in direct methanol fuel cell technology, announced its participation in Smart Energy Week 2026, taking place from March 17 to 19 at Tokyo Big Sight. At Booth W14-71, the company will unveil its Fuel Cell Cloud Service for global markets along with its 200W stationary DMFC generator DMFC-KH-200R dedicated for edge AI applications and 50W portable DMFC generator for disaster response applications.
As the first stop of Sushui Tech's journey into international markets, Japan proves to have vigorous demand for fuel cell technologies, with its emphasized requirements for quality, user-interface, and fuel adaptivity. This year, the company returns with a dedicated cloud dashboard for its independent DMFC power solutions. The dashboard allows users to see Sushui DMFC generator's real-time running status, and quick configure the products from remote. It also enables selecting different types of fuel concentration, instantly adaptive to the off-the-shelf methanol fuel products in Japanese market. Most importantly, the cloud will be able to automatically adjust fuel cell's parameters according to historic running records.
For professional system integrators, Sushui Cloud also opens its API to integrate with the user's cloud, and can be deployed on private server for data-sensitive users.
"To improve together with our customers has been our guiding philosophy in product and service development for many years." Says Daniel Lou, Global Business Development Director of Sushui Tech. "We have listened carefully to Japanese customers, studied user habits, and developed solutions that address the market's specific regulatory requirements and performance expectations."
Beyond cloud service, Sushui Tech also noticed the wide spreading AI trend in the IoT sector. "The legacy power solutions fail to cover the increased power demand for edge AI applications. Usually these application needs a stable independent power supply over 150W to enable edge AI computing, requiring compact, mobile design at the same time." Says Daniel Lou, counting DMFC-KH-200R together with the cloud service as the first move on the company's ambitious roadmap on towards a futuristic AI & IoT scenario. "Given the power capacity that directly matches the market demand, our 200W DMFC generator is already winning orders with those customers who share the same vision with us."
Sushui Tech warmly welcomes all visitors to Booth W14-71 for in-depth discussions on how these advanced solutions can address specific business needs and application requirements. The team looks forward to engaging conversations with industry partners, potential customers, and technology enthusiasts exploring the future of clean energy.
More Infomation: [www.sushuiny.com]
TOKYO, March 15, 2026 /PRNewswire/ -- Sushui Tech, a leading innovator in direct methanol fuel cell technology, announced its participation in Smart Energy Week 2026, taking place from March 17 to 19 at Tokyo Big Sight. At Booth W14-71, the company will unveil its Fuel Cell Cloud Service for global markets along with its 200W stationary DMFC generator DMFC-KH-200R dedicated for edge AI applications and 50W portable DMFC generator for disaster response applications.
As the first stop of Sushui Tech's journey into international markets, Japan proves to have vigorous demand for fuel cell technologies, with its emphasized requirements for quality, user-interface, and fuel adaptivity. This year, the company returns with a dedicated cloud dashboard for its independent DMFC power solutions. The dashboard allows users to see Sushui DMFC generator's real-time running status, and quick configure the products from remote. It also enables selecting different types of fuel concentration, instantly adaptive to the off-the-shelf methanol fuel products in Japanese market. Most importantly, the cloud will be able to automatically adjust fuel cell's parameters according to historic running records.
For professional system integrators, Sushui Cloud also opens its API to integrate with the user's cloud, and can be deployed on private server for data-sensitive users.
"To improve together with our customers has been our guiding philosophy in product and service development for many years." Says Daniel Lou, Global Business Development Director of Sushui Tech. "We have listened carefully to Japanese customers, studied user habits, and developed solutions that address the market's specific regulatory requirements and performance expectations."
Beyond cloud service, Sushui Tech also noticed the wide spreading AI trend in the IoT sector. "The legacy power solutions fail to cover the increased power demand for edge AI applications. Usually these application needs a stable independent power supply over 150W to enable edge AI computing, requiring compact, mobile design at the same time." Says Daniel Lou, counting DMFC-KH-200R together with the cloud service as the first move on the company's ambitious roadmap on towards a futuristic AI & IoT scenario. "Given the power capacity that directly matches the market demand, our 200W DMFC generator is already winning orders with those customers who share the same vision with us."
Sushui Tech warmly welcomes all visitors to Booth W14-71 for in-depth discussions on how these advanced solutions can address specific business needs and application requirements. The team looks forward to engaging conversations with industry partners, potential customers, and technology enthusiasts exploring the future of clean energy.
More Infomation: [www.sushuiny.com]
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Sushui Tech to Launch Its Fuel Cell Cloud Service at World Smart Energy Week 2026, Tokyo
