Vechnology selected as Top 30 out of 1170 companies by MaGIC

Oct 3, 2019 | News & Updates

A company that had been in Malaysia for only 4 years as a smart vending machine producer, we are thrilled to announce that Vechnology had been selected as Top 30 startups in the Malaysian Global Innovation and Creativity Centre (MaGIC) Global Accelerator Programme (GAP) Cohort 03. A proud moment for Vechnology as the applications drew over 1,170 applicants from 68 countries! The GAP program is designed to assist the selected companies to further strengthen their position in the business industry.

Why Vechnology prominent as Top 30?

Since established in 2015, Vechnology continuously offered superior quality vending machines to fulfill various expectations dynamic range of business from commercial to industrial clients. Today, Vechnology is leading the vending industry in Malaysia with its proprietary technology: 

  • Unified eWallet QR reverse scan payment system, 
  • VE-ProUX (IoT Vending machine Pro user experience),
  • VE-Cloud (Vending machine cloud monitoring system), 
  • Mechanical engineering design. 
(from left: MD Lance Ong, COO Evelyn Foo)
(Group photo of 30 startups)

Vechnology jumps out from the comfort zone, actively involved in vending research and development with global vision to keep on expanding beyond Malaysia to Southeast Asia. With the upcoming innovative technologies and own-build smart vending machines, Vechnology determined to provide the most in-demand and innovative vending technology solution options from Malaysia to beyond Asia!