SCI23 Finale Small

2 Startup
0 Cambodia
2
3 Insight
DISCLAIMER
The information on Startup Cambodia Insight 2023 is for general information only. Most
of 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 or
consequential, that may result from interruptions, errors or defects, inaccuracies or
false information, or representation.
ÂāĞŋťāũāÖùāũŭƒĢķķƩłùŶĞĢŭŶÖũŶŽť!ÖĿðŋùĢÖRłŭĢėĞŶˑˏˑ˒ĢłĕŋũĿÖŶĢƑāÖłùƑÖķŽÖðķā̍
If you have questions, comments, or suggestions, you may contact us via email at
[email protected] or via our number 087 955 888.
CREATING A VIBRANT STARTUP
ECOSYSTEM THAT CAN FACILITATE
HIGH GROWTH OF BOTH STARTUPS
AND SMES IS A KEY DRIVER IN
CONTRIBUTING TO THE REVIVAL
AND PROMOTION OF CAMBODIA'S
ECONOMY 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
2023
INVESTOR
STARTUP CAMBODIA
62
INSIGHT
STAKEHOLDER
73 STARTUP CAMBODIA ECOSYSTEM STATUS
75 CREATING A PROFILE ON STARTUP CAMBODIA
78 OUR PARTNERS
Startup Cambodia Insight 2023
STARTUP CAMBODIA
NATIONAL PROGRAM
Startup Cambodia National Program Startup Cambodia Insight 2023 02
STARTUP CAMBODIA
NATIONAL PROGRAM
Approved by The Royal Government of Cambodia in late
2019 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 entrepreneurship
ecosystem in Cambodia.
Jointly Coordinated by Techo Startup Center (TSC)

and Khmer Enterprise (KE) in order to develop and operate a
national digital platform for startups and entrepreneurship
ecosystem development in Cambodia.
03 Startup Cambodia Insight 2023 Startup Cambodia National Program
STARTUP
By utilizing digital technology, this digital platform
acts as a hub to compile/collect information from all
CAMBODIA
actors as well as provide data-contents about the
vibrancy of Cambodia’s Startup Ecosystem. It serves as
a starting point to facilitate wider participation from
all relevant actors for more active interaction that
would lead to more partnerships and collaborations DIGITAL PLATFORM
among actors in the ecosystem.
This platform is not just a website that provides information about the startup ecosystem, but is
also a testbed for exchanging the culture of sharing and using living data to be in line with the
Royal Government’s guidelines on digital transformation. This will allow the government to be
able 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.
177
STARTUPS
75
PROGRAMS 65
MENTORS
96
9 22.6
approximately
EVENTS
BILLION RIELS
Invested +
STAKEHOLDERS Granted
*Last updated: December 2023

STARTUP ECOSYSTEM
IN CAMBODIA
Startup Ecosystem in Cambodia Startup Cambodia Insight 2023 07
2023 STARTUP ECOSYSTEM IN CAMBODIA

THROUGH NUMBERS
6
8
Government
177
Startups
65 20 Academic
9
Mentors Institutions
Communities & Institutions

Associations
30 Accelerators &
Incubators
5 6
Co-Working Development
Spaces Partners
Corporates
22.6Riels
approximately
Billion
13 Total
150
Through
7
STARTUP CAMBODIA
INSIGHT
Media
3 Funding
Sources
Active
Service
Providers
2023
STARTUP
Startup.
Startup refers to an institution or the process of
establishing 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 Startup Cambodia Insight 2023 10
STARTUP
OVERVIEW
15.2%
72.9%
129 In Tech Startups:
SaaS 17.1%
21
E-Commerce 13.95%
177
Tech Startups Online Media 10.85%
11.9% CleanTech 8.52%

EdTech 7.75%
Startups FinTech 7.75%
Tech-Enabled Influencer 6.97%
27
Startups Transport and Delivery 6.2%
HealthTech 4.65%
Podcast 4.65%
Online Travel 3.87%
Inactive AgriTech 3.87%
Startups
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
SaaS CleanTech Blockchain HealthTech FinTech
t
tarCamup
TeStart S
up
Transport &
ch
bodia
Delivery EdTech
2023
Tech-Enabled
Online Media Online Travel AgriTech E-Commerce Startup
Startup Press Release
Startup Cambodia Insight 2023 12
Startups that actively work towards developing innovative

solutions for various problems in agriculture.
Angkor SALAD DamDoh App Greenovator
Founded: Founded: Founded:

2017 2020 2016
Business Model: B2C, B2B Business Model: B2C, B2B Business Model: B2C, B2B
The Angkor SALAD project uses geodata to DamDoh is a mobile application that helps Greenovator provides innovative services
deliver services that help vegetable farmers assist farmers in sustainable farming. for all stakeholders in AgroEcosystem for
in Cambodia. sustainable agribusiness.
CAM-Science FlexFloc
Founded: Founded:
2021 2023
Business Model: B2C, B2B Business Model: B2C, B2B
CAM-Science is an agritech startup that FlexFloc is an IoT-based system that
develops innovative solutions to digital accurately measures the water quality in
Cambodian agriculture. small to large water tanks.
13 Startup Cambodia Insight 2023 Startup
Startups that use the decentralized, distributed ledger technology to

create innovative products or solutions to existing problems.
Selendra Bakong Verify.gov.kh

2021 2020 2023
Business Model: B2C, B2B Business Model: B2C Business Model: B2C
Selendra is a Substrate-based smart contract Bakong is a service that enables you to Verify.gov.kh is a platform that can view
network supporting Wasm and EVM, easily receive and transfer funds, using and verify documents that has been issued
designed for developers and enterprise your personalized QR code or mobile phone by Cambodia government agencies bearing
adoption in Cambodia. number instead of a bank account number. a standard QR Code.
CamDL Team NID
Founded: Founded:
2023 2020
Business Model: B2C Business Model: B2C
CamDL is a decentralized blockchain Team NID uses blockchain technology to
infrastructure that supports the creation, solve the challenge of people using multiple
operation, and development of diverse ID cards and numbers.
blockchain applications.
Startups that provides innovative technological solutions to reduce

negative environmental impacts.
Khmer Solar EcoBatt Energy Pteah Baitong

Cambodia
1997 2019 2008
Khmer Solar is a solar solution provider 1óŋŶÖŶŶ 1łāũėƘ ŋƦāũŭ ŶĞā ŭŋķŽŶĢŋłŭ ĕŋũ Pteah Baitong aims to transform agriculture
ŶĞÖŶ ŋƦāũŭ ũāķĢÖðķā Öłù ĞĢėĞ ŨŽÖķĢŶƘ ŭŋķÖũ battery obsolescence that will reduce the in Cambodia by introducing high-quality,
electric system at a reasonable price. battery use with the regeneration service. clean energy technologies and innovative
agri-services.
RUY REACH SOGE Cambodia EcoSun Solar

Cambodia
2017 2008 2022
RUY REACH aims to reduce organic waste in SOGE provides solar solutions for paddy EcoSun is a social enterprise that distributes
Cambodia, educate on proper segregation rice, cash-crop, vegetable growing, poultry a large range of solar products, from small
ŋĕ ƒÖŭŶā ùĢŭťŋŭÖķ̇ Öłù ĿĢłĢĿĢŭā ķÖłùƩķķŭ farm and household. appliances to large solar and hybrid
for a toxic-free environment. systems.
SE Cambodia MAUSO AET JAY

2019 2019 2023
SE Cambodia supports smallholder and MAUSO provides solutions in electrical 1¦ `È ŋƦāũŭ Ö łāƒ Ŀŋùāķ ŋĕ óÖķķĢłė Öłù
commercial farmers with easy-to-use and power distribution and automated processes collecting recycle materials by using mobile
economic solutions to feed and protect for buildings and industries. phone.
their animals.
Elephant pump Kasekor Chhlat
Founded: Founded:
2022 2018
Elephant pump helps farmers meet their Kasekor Chhlat provides a variety of high
ĢũũĢėÖŶĢŋł łāāùŭ ŽŭĢłė Ö ĞĢėĞ̟ƪŋƒ̇ quality agricultural tools and installation of
ķŋƒ̟óŋŭŶ̇ƪŋÖŶĢłėŭŋķÖũƒÖŶāũťŽĿťùāŭĢėł̍ smart irrigation system.
Startups that specialize in selling and promoting their products

online through their own platforms.
VTENH Kokopon Khmer24.com

2020 2018 2011
Á¦1pNĿŋðĢķāÖťťķĢóÖŶĢŋłĞāķťŭŽŭāũŭƩłù Kokopon is a woman-led agricultural fair Khmer24.com connects buyers and sellers
and purchase various products including trade oriented e-commerce based platform Öóũŋŭŭ ŶĞā óŋŽłŶũƘ̇ ĿÖĴĢłė ĢŶ āÖŭƘ Ŷŋ Ʃłù
electronic appliances, clothing, groceries, focusing on local products. what you need or sell what you don’t want.
beauty products, and many more.
Khmum - eshop L192 Tenbox

2011 2012 2021
Khmum - eShop is an e-commerce platform L192 is an online shopping app where Tenbox is a wholesale e-commerce
that connects MSMEs, emphasizing products are suggested to users based on platform where customers can make entire
women-led businesses, to consumers. ŶĞāĢũĢłŶāũāŭŶŭ̇ÖłùŽŭāũŭóÖłƩłùťũŋùŽóŶŭ stock orders easily online.
through our advanced search tools.
BLOC Mall Orkun APP wefix4u

2019 2022 2022
BLOC Mall is a platform that enables users Orkun APP is a mobile application that ƒāƩƗ˓ŽĢŭÖłĢłłŋƑÖŶĢƑāðŋŋĴĢłėÖťťķĢóÖŶĢŋł
to purchase daily consumed products in a connects users with vendors who provide ŶĞÖŶ ŋƦāũŭ ĕŽķķ ĿÖĢłŶāłÖłóā ŭāũƑĢóāŭ ĕŋũ
few clicks anywhere, anytime. house maintenance services and others. ƘŋŽũĞŋŽŭāŭ̇ŋƧóāŭ̇ÖłùðŽĢķùĢłėŭ̍
Youngsia BidNow ADSA

Purchase
2022 2022 2022
Youngsia Purchase is a mobile application BidNow is a mobile application that allows ADSA is an e-commerce platform that
that allows users to purchase countless users to buy and sell cars quickly with many connects businesses producing safe and
ťũŋùŽóŶŭ ĕũŋĿ !ĞĢłÖ ÖƦŋũùÖðķƘ Öłù ðāłāƩŶŭ̍ secure agricultural products.
conveniently.
ATELIER Cloth Bird PhumCAKE

2023 2022 2019
ATELIER provides retailers with a B2B Cloth Bird is a digital laundry app. Cloth PhumCAKE is an online platform where
commerce app that enables them to complete Bird works with partners near you to anyone can customize, order and get
order-to-delivery in a one-stop shop and provide the best laundry service. delivered a cake to celebrate any occasion,
purchase directly from the makers. in a few clicks.
PHZARLAN HOMEAPP Asia Eshop855.com

2020 2020 2022
PHZARLAN is a platform that connects HOMEAPP Asia is a mobile application that Eshop855.com is a Cambodia Online
vehicle buyers and sellers without lets you browse blueprint, building, interior Marketplace for buying and selling
third-party involvement. design and construction materials...etc second-hand items.
Startups that focus on the education sector,

providing users with educational technology solutions.
OneSala Rean AAN Sala.co

2018 2021 2018
OneSala provides a digital e-learning Rean AAN aims to promote Khmer reading Sala.co is an educational platform that
platform with various educational video for children through technology with Chlat provides university and school information
contents. App, their educational digital library. for high school students.
SalaCyber SpeakTe Dang Kouv

2019 2020 2021
SalaCyber is a training center that SpeakTe has a mission to help students Dang Kouv aims to provide high school
mainly focuses on providing training become capable of developing good students with personalised sessions in
and workshop on IT security. speaking skills. STEM subjects through high quality
tutoring sessions.
Stemunity DAILY PLUS Edemy &

Learning Tesdopi
2022 2018 2018
Stemunity is a startup aiming to help DAILY PLUS Learning is a platform that Edemy is a competency-based learning
students to explore themselves in the STEM provides users with educational video platform called Tesdopi for learning math,
Ʃāķù̍ contents from experts in various skills. science, and social science.
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.
Startups that provide innovative technology or platforms to improve

certain aspects of the financial industry and its traditional methods.
BanhJi CamboFinance Spean Luy

2016 2019 2021
ÖłĞ`ĢťũŋƑĢùāŭmm1ŭƒĢŶĞùĢėĢŶÖķƩłÖłóĢÖķ !ÖĿðŋDĢłÖłóā Ģŭ Ö ťāũŭŋłÖķ ƩłÖłóā ťāÖłdŽƘŋƦāũŭĢłŭŶÖłŶÖóóāŭŭŶŋóũāùĢŶŽť
Öłù ƩłÖłóĢłė ťķÖŶĕŋũĿŭ ŶĞÖŶ ťŋƒāũ ŶĞāĢũ community, aiming to embrace the way to $1,000 for any shopping or emergency
ƩłÖłóĢÖķùāóĢŭĢŋłŭÖłùĢłóķŽŭĢŋł̍ Cambodian people learn and manage needs, anytime and anywhere.
ŶĞāĢũťāũŭŋłÖķƩłÖłóā̍
U-PAY Morakot Mora BNPL

Cambodia Technology
2019 2015 2022
U-Pay Cambodia forges a closer tie between Morakot Technology provides cloud-based mŋũÖ pd ŋƦāũŭ āÖŭā Öłù ƪāƗĢðĢķĢŶƘ ŋĕ
consumers and merchants by providing a core banking platforms and other solutions payment by helping users purchase any
simpler way of mobile payment services. ĕŋũĿĢóũŋƩłÖłóāĢłŭŶĢŶŽŶĢŋłŭÖłùðÖłĴŭ̍ products from partnered merchants with
installments.
Banki Bomnin

2008 2023 2023
BOBA has developed Smart Uni, an application Banki is a Fintech app that will allow users Bomnin is a WebApp that analyzes personal
intergrated with a bank ecosystem where to connect all banks in one app. ƩłÖłóāĕŋũm1ŭĢłĕŋŋùÖłùðāƑāũÖėā̇ũāŶÖĢķ̇
users can win prizes from games as incentives. and wholesale sales.
Kotluy
Founded:
2021
bŋŶķŽƘ ŋƦāũŭ Ö ÖÖ DĢłÖłóĢÖķ mÖłÖėāĿāłŶ
Platform for individuals and SMEs to set
goals, budget, and track transactions.
Startups that uses technology to develop health-related products

and services.
CancerCo. TOVPET MeetDoctor

2022 2019 2018
CancerCo. is on a mission to promote early TOVPET is an online pharmacy platform, MeetDoctor is a mobile application that
diagnosis of cancers by providing healthcare ŋƦāũĢłėŭÖĕā̇ÖƦŋũùÖðķāĿāùĢóĢłāŭÖłùĕũāā helps users conveniently book online
information and consultations with health consultation. consultations with medical professionals.
experts.
PrimPharma Hospicare Pethyoeung

2023 2019 2015
PrimPharma is on a mission to become an Hospicare serves as the medical caregivers Pethyoeung is a cloud-based hospital
information hub for health care services, to those needing professional healthcare management platform created to advance
treatment, and medications. both physically and emotionally. the healthcare ecosystem.
Startups that develop and create online content and services.

Dosslarb Khmerload LuyBook

2020 2012 2019
Dosslarb is a multimedia platform aiming to Khmerload entertains its viewers with news dŽƘŋŋĴ ŭĞÖũāŭ ƩłÖłóĢÖķ Ĵłŋƒķāùėā Ģł
promote the well-being of young Cambodians, contents especially people's news. Khmer for young Cambodians to understand
ðƘ ƩũŭŶ ŶÖĴĢłė Ö ŭŶāť ŋł ŶĞā ùĢŭóŽŭŭĢŋł ŋĕ ĿŋũāÖðŋŽŶĿÖłÖėĢłėƩłÖłóāŭ̍
sexual and reproductive health.
Sastra Film app Curiosity Kiripost

2020 2021 2021
Sastra Film app is a Video on Demand (VOD) Curiosity is a page to discuss topics such as Kiripost is an independent digital media
streaming platform that brings all the latest mental health, personal experience, and company that has been reporting on
releases, original series and movies. knowledge of various skills. Cambodia’s business, tech and startup
scene since its launch in late-2021.
Next Level Focus Cambodia UOT APP

Entertainment
2023 2020 2020
Next Level Entertainment is a movement to Focus Cambodia is a social enterprise that UOT APP is to become the leading digital
elevate the Cambodian gaming scene to produces engaging journalism for the key community for travel enthusiasts in
#TheNextLevel. change-makers of tomorrow. Cambodia.
Chumrum Snapkyu Bondoul

Digital
2020 2021 2023
Chumrum Digital was created to share Snapkyu allows you to connect with friends, Bondoul helps enterprises, in onboarding
knowledge of digital hygiene and online share what you’re up to, or see what’s new talented interns who are actively looking
security in Khmer. from others worldwide. for paid internships.
AGORA Eco-Ads Scholar Library
Founded: Founded:
2021 2016
AGORA Eco-Ads supports the single-use Scholar Library aims to promote intellectual
plastic reduction movement via digital society and economy in Cambodia. Library
platforms and social media. encourage local people to create local
knowledge resource for country.
Startups that create digital content in the form of episodic audio series.
Rising Giants Dy Reel Rean Podcast
Phatcast
2021 2023 2021
Rising Giants serves as an upbeat medium Dy Reel PhatCast is a collaborative podcast Rean Podcast is a digital audio series about a
for changemakers to share their experience with three Cambodian creators focusing on ũÖłùŋĿŶŋťĢóðƘāłŶāũŶÖĢłāũŭŋũĢłƪŽāłóāũŭ
building in some of the most dynamic and Content Creator Economy, Consumer Tech, in Cambodia, naturally and non-performing.
positively evolving countries. Digital Security and Film / Video Production.
Podcast Them MED Podcast Vipassa Podcast

Maong
2023 2022 2016
Reborn as "Podcast Them Maong" from the MED Podcast talks about medical school in The Vipassa Podcast is a transformative
original "Nerd Minute Podcast". We back Cambodia. experience that uses inspirational storytelling
bigger, more value, and even more engaging. to change people's lives positively.
Individuals who are well-known throughout the internet and social media and use
their influence to promote and endorse certain lifestyles, products or services.
Chandy Runaway Seng

Rothsethamony
2017 2016 2020
I make easy-to-understand technology Runaway is a digital creator who is all SENG Rothsethamony is a content creator
videos so that you can use it in the right ÖðŋŽŶ ŭÖƑĢłė Öłù āÖũłĢłė ĿŋłāƘ Ŷŋ ƪāā who creates educational and inspirational
way. the country and return. videos about study tips and tricks.
Switching Rean Thort JarnEng

2020 2014 2020
Switching creates content to engage with I share my personal experience about I read books about self development and
youth to help them build their capacity, photography, technology and my life with apply them in real life! I recount those
education, and modern youth lifestyle. my audience. often hilarious fails, but sometimes
worthwhile life-changing journey here.
Zell Poly ratanak Film Reel

2013 2017 2018
Storytelling via video content is my My name is Mony Polyratanak. My journey Film Reel shares entertainment and
passion, don't care Youtube gonna pay me is to get better in life so join me if you have knowledge related to cameras, photography,
or not ill make them anyways. the same goal. video production, new content, and technology.
Startups in the travel and hospitality industry that aim to help

users plan their trips conveniently.
Tovtrip Unseentra Camboticket.com

2023 2016 2015
Tovtrip is a platform where users can Unseentra is an online booking platform Camboticket.com provides real-time online
óŋłƑāłĢāłŶķƘ Ʃłù ƪĢėĞŶŭ̇ ÖóóŋĿĿŋùÖŶĢŋł̇ which allows tourists to book local and bus and ferry ticket booking service in a
transportation, tour packages, activities, and authentic activities/experiences in Cambodia. ŭĢĿťķāÖłùāƧóĢāłŶƒÖƘ̍
more.
Bookmebus.com TapApp
Founded: Founded:
2015 2022
Bookmebus.com is a ticket-booking A leading long-distance taxi service
ťķÖŶĕŋũĿ ŶĞÖŶ Ğāķťŭ Žŭāũŭ Ʃłù Öłù ðŋŋĴ in Cambodia covering from/to Thailand,
various transportation methods arund Vietnam, and Laos.
Cambodia, Vietnam, Thailand, and Laos.
Startups that develop and deliver applications over the

Internet as a service.
CheckinMe Jobify Casstack

2019 2020 2019
CheckinMe is a digital business solution Jobify is a job matching service specialized Casstack chatbot helps business owners
that helps enterprises automate their in IT, providing accessibility to a vast pool reduce their workloads as well as respond
human resources and sales activities of job opportunities. and connect to customers quickly.
through QR code.
Invoice Mouy LocalizeBook Kakvei

2021 2018 2022
Invoice Mouy is a simple online invoicing LocalizeBook accounting system helps Kakvei provides a tool to convert Khmer
software that provides online payments and businesses keep their transactions accurate transliteration into Khmer words and to
tax-compliant invoices to SMEs. and in accordance with the Accounting check Khmer documents or articles for
Standards. unexpected spelling mistakes.
Delightech Plc. Khmer Tech Bong IT

Market
2021 2020 2019
Delightech Plc. helps unbanked people gain Khmer Tech Market provides matching Bong IT provides website and mobile
óŋłƑāłĢāłŶ̇ ĢłŭŶÖłŶ Öóóāŭŭ Ŷŋ ƩłÖłóĢÖķ between the supply and demand sides of application development and technology
products without complicated requirements. technology, science, and engineering services. consultant for various businesses.
eCO app Kommong Hor Pao

2021 2023 2021
eCO app provides end-to-end solutions Kommong is a mobile application that Hor Pao app is a POS system that helps
such as eCo Digital Menu, eCO Store allows users to manage their orders and ðŽŭĢłāŭŭāŭóŋłŶũŋķŶĞāĢũŭÖķāŭÖłùƩłÖłóĢÖķ
Operation, and eCO Premium Store. stock up products. data anywhere, anytime.
Optimus 606 Digital Digital

Mavericks
2021 2023 2023
Optimus fuels security innovation through A media production and software A platform for make online table reservation
intelligent License Plate Recognition development agency that aims to provide and order the food.
System. an outstanding service.
Polymer Campus. by InsurTech

Invoice Wonderpass
2022 2022 2023
Âā ŋƦāũ ƘŋŽ Öł ĢłƑŋĢóā ĿÖłÖėāĿāłŶ !ÖĿðŋùĢÖ̑ŭ ƩũŭŶ ŶŽùāłŶ DĢłÖłóĢÖķ InsurTech developed a blockchain-based
software integrated with accounting books dÖŽłóĞťÖù ťť ťũŋƑĢùāŭ ƩłÖłóĢÖķ Ŷŋŋķŭ system for decentralized data storage of
and QR payment gateway. and discounts for students. insurance client records.
MGA Cover Workingna Ocean Technology

Co., Ltd.
2015 2019 2010
MGA Cover is an Insurtech company that Workingna.com is widely recognized as Ocean Technology Co., Ltd. is a GPS tracking
digitalises insurance products from most ŶĞāĕŋũāĿŋŭŶÖłùĞĢėĞķƘāƧóĢāłŶÖŽŶŋĿÖŶāù system and GPS products provider in the
trusted insurance companies in the kingdom hiring platform in Cambodia local market.
of Cambodia.
Quadusk
Founded:
2021
ŽÖùŽŭĴ ŋƦāũŭ Ŷƒŋ ťũĢĿÖũƘ ŭāũƑĢóāŭ̆ āÖķ
Estate Property Promotion (Virtual Tour
Technology) and Construction Technology.
Startups that develop applications or platforms to help users

book their means of transportation and deliver packages.
Bro Express Movery Raksa Delivery

2019 2022 2021
Bro Express is an international delivery and Movery is a moving service aiming to Raksa Delivery is a delivery platform that
logistics company, specializing in delivery reduce waste during moving such as plastic provides information from picking up,
from Thailand to Cambodia, Vietnam, Laos and one-time-use materials. delivery status & estimation, to getting
and from Cambodia to Thailand. delivered.
Jalat Logistics Sursdei Zippy Express

2021 2023 2022
Jalat Logistics has built a transparent, Sursdei is committed to provide the best Zippy Express aims to solve and simplify
eco-friendly, and hyperlocal logistic online experience for users to safely buy the delivery service for online business
process and model, keeping the planet CO2 any products online at a reasonable price. ŋƒłāũŭ ðƘ āłĞÖłóĢłė ŶĞā āƧóĢāłóƘ Öłù
free and healthy. reliability of the services.
LuckyMe NHAM24
FoodDelivery
Founded: Founded:
2023 2016
We're creating LuckyMe to improve economy NHAM24 is a Cambodian-founded super
in Cambodia especially for Our Riders and ÖťťŶĞÖŶŋƦāũŭÖƑÖũĢāŶƘŋĕŭāũƑĢóāŭŶŋĿÖĴā
Merchants. life easier, and more convenient.
Startups that offer innovative products or services using

existing technologies.
JUNLEN SPIEN Husk

2018 2018 2018
JUNLEN recycles organic waste into rich SPIEN was created to promote local agricultural Husk has developed biochar-based fertilizers
nutrients through the cultivation of products while also connecting farmers or which regerate degraded soils, improving
earthworms. producers to suppliers of agricultural equipment yields and helping farmers increase long
and techniques. ŶāũĿťũŋƩŶÖðĢķĢŶƘ̍
SmartAgro WeFarm Agri House

2020 2020 2019
SmartAgro is committed to achieving the WeFarm is a social enterprise that Agri House has developed climate-resilient
SDGs through designing, engineering and connects people to farming and promotes solutions for marginalised communities to
implementing new cropping systems. agri-tourism in Cambodia. promote inclusion, alternative livelihoods,
and good nutrition for youth.
SUDrain MeaKea VIPASSA

2018 2021 2018
SUDrain is a social enterprise working on MeaKea is a youth-for-youth project that VIPASSA is on a mission to build mindful
wastewater treatment and management. guides students to become a skillful, capa- leaders by bridging their hearts and minds
ble workforce. to their unique, authentic callings.
Inclusion+ AGRO Nature Solo Landscapes

2019 2021 2019
Inclusion+ is a digital platform that AGRO Nature promotes organic and Solo Landscapes promotes eco-tour-related
connects people with disabilities with eco-friendly products by producing compost sustainable tourism through new experiences
various job opportunities. through upcycling organic waste. in community engagement, environmental
responsibility, and survival skill.
Cambodia Coaching CONSA Tech SAMATOA LOTUS

Institute TEXTILES
2022 2022 2013
Cambodia Coaching Institute aims to train CONSA Tech unites SMEs/Industries, Service To be the most innovative and socially
and nurture an army of transformative Providers, Universities, Government, and responsible producer of sustainable textiles.
coaches, enabling healing and thriving in Consumers to support Cambodia's growth in
Cambodia. food, cosmetics, and pharmaceuticals.
Cyber Savants Fixh.me MUCH

2023 2019 2016
Cyber Savants involves building a DĢƗĞ̍ĿāŋƦāũŭĞŋĿāĿÖĢłŶāłÖłóāŭāũƑĢóāŭ ÂāÖũāŶĞāťũŋĕāŭŭĢŋłÖķĞŋĿāĞāÖķŶĞóÖũāƩāķù
ŶĞĢũù̟ťÖũŶƘÖťťƒĢŶĞŭťāóĢƩóĕŽłóŶĢŋłŭĕŋũ such as AC, washing machine repair, and in Cambodia.
Merchants and Delivery Drivers. plumbing/electricity solutions.
AGRO AGAPE BomNorng Bondoul

Co., Ltd.
2018 2022 2023
Fz F1 Ģŭ Ö óŋƦāā ðŽŭĢłāŭŭ ķāù ðƘ BomNorng is a website that helps university ŋłùŋŽķ Ģŭ Ö łŋł̟ťũŋƩŶ ŋũėÖłĢơÖŶĢŋł ŶĞÖŶ
women on whole supply chain that stands students to get job opportunities. connects companies with student applicants
behind farmers to create a support system seeking paid internships.
by training and developing their products.
LUMA Smart Farm Kela SAFE PHONE SaveUp Moul E-Piller DermLuy
Assistance SERVICE
Adero Microport SERSITY EatyPal napt ARSAR KlemBox
SIE
Khmerism Solar
Keyboard Innovation
Edge
Khmer JAYA
Probiotics
Clik Haystome FaS eKYC EcoBuddy 3S Housing Mate Tos Rean Malis
*Startups that lack operational activities and presence.
MENTOR
Mentor.
Mentors are experienced individuals who provide guidance,
support, and advice to less experienced individuals, known as mentees.
Mentor Startup Cambodia Insight 2023 38
MENTOR
OVERVIEW
65
Mentors
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.
18 15 14 11 7
27.69% 23.07% 21.53% 16.95% 10.76%
Entrepreneurship Management Technical Financial Strategic

& Marketing & 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 Mentor
Mr. Kimmeng Mr. Penhchet

Hao Dara
Front-end Developer, Software Engineer,
Software House, Startup E-Commerce, SaaS
Skillsets: Skillsets:
Full-Stack Development, Blockchain,
Front-End Development, User Full-Stack Development,
Experience and User Interface Back-End Development
Mr. Chetra Mr. Rina

Seng Buoy
Full-Stack Developer, Applied AI Researcher,
SaaS, EdTech EdTech, Artificial intelligence
Full-Stack Development, Product Development,
Front-End Development, Artificial Intelligence,
Back-End Development Full-Stack Development
Mr. Sovisal Mr. Thydaduong

Chenda Marady
Applied-Ai Associate Researcher, Developer,
EdTech, Machine Learning E-Commerce, Service
Business Development, Full-Stack Development,
Laws and Regulations, Front-End Development,
Artificial Intelligence Back-End Development
Mr. Teckchun Mr. Borin

Aing Min
Senior Software Developer, Software Developer,
Gig Economy, Software Development SaaS, Tech Company
Product Development, Artificial Intelligence,
Full-Stack Development, Full-Stack Development,
Front-End Development Back-End Development
Mr. Ponhrith Mr. Kokpheng
Nhep Yin
Project Manager, CamDX Tech Manager,
FinTech, EdTech Technology, Software
Business Development, Software Engineering,
Pitching and Sales, Back-End Development,
Back-End Development Technology research
Mr. Serey Vathana Ms. Porhour

Tum Ly
Software Developer, Manager, UX/UI Designer,
FinTech, Software Development Technology, Consulting
Blockchain, UX/UI,
Full-Stack Development, Design Thinking,
Product Development Branding Identity & Strategy
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
Mr. Chhory Mr. Tobias

Toeun Bauer
Chief Executive Officer, Principal,
CleanTech, Tourism Investment, Consulting
Business Development, Sales Forecasting,
Business Management, Funding & Capital,
Financial/Funding Management Pitching and Sales
Mr. Seyla Ms. Sophy

Sok Ly
Project Coordinator, Executive Assistant and Analyst,
CleanTech, Tourism FinTech, Service
Laws and Regulations, Business Planning,
Financial/Funding Management, Strategy Formulation,
Sustainability Department Performance Tracking
Mr. Phorst Mr. Paul

Chim Leong
Trust Regulator, Vice President,
FinTech, Public Sector Investment Banking, Banking
Trust Regulator, Funding & Capital,
Financial & Business Models, Mergers & Acquisition,
Approaching Investors Venture Capital
Ms. Kimlang Mr. Chhiengleng

Choeu Phan
Financial Planning and Analysis Manager, Lawyer,
Finance, Food and Beverage Investment Law, Commercial Law
Cost Accounting, Legal: IP,
Financial Accounting, Real Estate,
Financial & Business Models Joint Ventures
Mr. Thomas
Hesketh
Deputy Executive Director,
Investment, Private Sector
Skillsets:
Product Market Fit,
Impact Measurement,
Financial & Business Models
Mr. Bandith
Keo
Founder,
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
Ms. Chanthy Ms. Ponnary

Oem Path
Startup Program Coordinator, Chief Executive Officer,
Service, Program Management Social Media, Service
Business Development, Business Development,
Business Management, Pitching and Sales,
Team Management Business Management
Ms. Ilana Mr. Kolmen

Tulloch Tin
Founder, Founder and Managing Director,
E-Commerce, Tourism Social Media, Service
PR and Marketing, Business Management,
Business Management Project Management
Mr. Hongthakvika Mr. Saly

Lov Uon
Co-founder & CEO, Managing Director,
SaaS, Software Development Automotive, Manufacturing
Product Development, Customer Acquisition,
Full-Stack Development Product Market Fit
Mrs. Molika Mr. Borei

Meas Pat
Co-founder and Group CEO, Director,
FinTech, E-Commerce Tourism, Hospitality
Business Development, Soft Skills/Communication,
Business Management, Leadership/Inclusion,
Financial/Funding Management Digital Marketing
Mr. Rotha Mr. Elj
Chhoem Mangahis
Managing Director, Investment Professional,
Consulting, Coaching Banking, Investment
Business Development, Venture Capital,
Pitching and Sales, Financial & Business Models,
Product Market Fit Go-To-Market Strategies
Ms. Chanamrithvatey Ms. Kim

Kim Tan
Founder & Managing Director, Coach,
CleanTech, Service Coaching, Consulting
Go-To-Market Strategies, Leadership/Inclusion,
Financial & Business Models Personal Coaching
Mr. Emanuele Mr. Hai

Faja Chhieng
Chief Executive Officer, Manager,
Technology, Consulting Trade Management, Recruitment
Product Development, Business Development,
Design Thinking, Customer Acquisition,
Branding Identity & Strategy Product Market Fit
Mr. Sovandara
San
Co-Founder,
Construction, Real Estate
Skillsets:
Monitoring & Evaluation,
Leadership/Inclusion,
Branding Identity & Strategy
Mr. Rithyden Mr. Nguon (Edward)

Ren Lim
Software Engineer, Director of Strategic Services,
E-Commerce, Manufacturing Service, Marketing
Business Development, Marketing & Branding Strategy,
Product Development, Design Thinking,
Blockchain Product Development
Dr. Vatana Mr. Juveris

Chea Tenisons
Vice President, Branding & Strategy Expert,
EdTech, Academia Advertising, Creative
Business Management, Marketing & Branding Strategy,
Financial/Funding Management, Design Thinking,
Talent + Recruiting Strategy Development
Mr. Virasak Ms. Lilit

Sokun Margaryan
M&E Assistant, Sr Product/Growth Manager,
Human Resources, Public sector EdTech, Technology
PR and Marketing, Product Market Fit,
Product Development, Education,
Business Management Product Development
Ms. XinYan
Jiang
Head of Finance and Strategy,
Tourism, Investment
Skillsets:
Pitching and Sales,
Business Management,
Financial/Funding Management
Mr. Soveaddh Mr. Ratheany
Pech Uy
CEO and Co-founder, Managing Director,
Tourism, Social Media Service, Investment
PR and Marketing, Financial/Funding Management,
Pitching and Sales Talent + Recruiting
Ms. Sophavina Mr. Seavpor

Bunthan Teng
Startup Program Associate, Director,
E-Commerce, Agri-Tech E-Commerce, Trading
PR and Marketing, Pitching and Sales,
Dr. Meirambek Mr. Sophara

Zhaparov Phorn
Vice-Rector for Student Affairs, DDG’s Assistant,
EdTech, Academia FinTech, Gig Economy
Product Development, Business Development,
Talent + Recruiting, PR and Marketing,
Artificial Intelligence Business Management
Mr. Nam Mr. Sovannarith

Sok Ouch
Operation Manager, Startup Program Associate,
Gig Economy, Logistics Service, Startup Support
Product Development, Pitching and Sales,
Mr. Virak Mr. Reaksmey

Run Thy
CEO & C0-Founder, Co-founder & Senior Technical Advisor,
Tourism, Social Media Service, Mentoring
Product Development, Branding Identity & Strategy,
Business Management Business Development
Mr. Awen Mr. Sirey

Delaval Sum
Co-Founder, Business Development Manager,
Consulting, Service CleanTech, Consulting
Business Development, Impact Measurement,
Project Management, Branding Identity & Strategy,
Digital Economy Product Development
Mr. Bill Ms. Vichra

Chea Di
CEO and Social Entrepreneur, Business Owner,
Influences, Social Media E-Commerce, Social Media
Project Management, Supply Chain Management,
Business Development, Product Development,
Pitching and Sales Digital Marketing
Mr. Chandara Ms. Katerina

Sok Kim
BDM and Head of Marketing, Director of Marketing and Branding,
Marketing, Supply Chain Banking, Finance
Supply Chain Management, Go-To-Market Strategies,
Go-To-Market Strategies, Digital Marketing,
Sales Forecasting PR & Communications
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-Commerce
PROGRAM
Program.
Programs are structured initiatives designed to support and
nurture startups at every stage of their development.
51 Startup Cambodia Insight 2023 Program
75
Programs
20
International
55
National
21 Innovations
11 Accelerators 6 Incubations
6 Hackathons
1 Scholarship 1 Internship 3 Mentor Recruitments

16 Entrepreneurship Courses 10 Awards
Program Startup Cambodia Insight 2023 52
HIGHLIGHT PROGRAMS
EVENT
Event.
Events are conferences, meetups virtually or physically,
or expo that bring together entrepreneurs, investors,
industry experts, and other stakeholders.
55 Startup Cambodia Insight 2023 Event
7
Expos 24
Conferences
30 96
Events
Virtual
Sessions
35
Meetups
Event Startup Cambodia Insight 2023 56
HIGHLIGHT EVENTS
INVESTOR
Investor.
RłƑāŭŶŋũŭÖũāĢłùĢƑĢùŽÖķŭŋũāłŶĢŶĢāŭƒĞŋťũŋƑĢùāƩłÖłóĢÖķðÖóĴĢłė
to startups/companies with high growth potential.
59 Startup Cambodia Insight 2023 Investor
INVESTOR OVERVIEW
TOTAL INVESTMENT IMPORTANT FACTORS DECIDING FACTORS
WHEN INVESTING HIGH GROWTH POTENTIAL
URGENCY TO BE MARKET LEADER
20
ALIGN WITH INVESTOR’S INTEREST
TEAM INNOVATION & MARKET
EXPERIENCE POTENTIAL
approximately
DIFFERENTIATION
TEAM MANAGEMENT AND LONGEVITY
87% 87% 67% NATIONAL IDENTITY AND AWARENESS
CONCERNS FOR
BILLION MONETIZATION
EASE OF IMPORTANT MOST WHEN INVESTING
RIELS
DOING BUSINESS
50% 43% AVERAGE From Least to Most
LACK OF
INFRASTRUCTURE & REGULATORY
SUPPORT IN ECOSYSTEM
INVESTMENT STAGES
LACK OF
International Investors Domestic Investors
SEED PRE-SEED DATA AND INFORMATION
49% 17%
SECTOR PREF
OF INVESTORS
OF INVESTORS
MARKET
17%
OF INVESTORS
UNCERTAINTY
LOGISTICS B2B SAAS WEB 3.0
AGRITECH FINTECH EDTECH 17% WITHHOLDING TAX
TOO HIGH!
OF INVESTORS
SECTOR AGNOSTIC HEALTHTECH

PRE-SERIES A
*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 Startup Cambodia Insight 2023 60
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
2.4
Total Grant
approximately
430.5 Million Riels 123 Million Riels
7 Startups 4 Startups
1 Program 1 Program
Billion Riels
*Note: The amount is based on a conversion rate of 1$=4100 Riels
* The figure is not exhaustive - only capturing programs with financial support disbursed to winning teams in 2023.
61 Startup Cambodia Insight 2023 Investor
Besides support programs, there were 2 key Awards & Recognition events* in 2023 as well,
namely Cambodia Digital Awards 2023 by CADT and KE Awards 2023 - with a combined cash prizes of 235.8 million riels.
3 Categories 5 Categories
11 Awardees 5 Awardees
162 Million Riels 73.8 Million Riels
236
Total Grant
approximately
Million Riels
*Note: The amount is based on a conversion rate of 1$=4100 Riels
* KE Awards also have SME Category and CDA Awards are open to all actors including Corporates.
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 64
2023
65 Startup Cambodia Insight 2023 Stakeholder
PRE-INCUBATOR
HACKATHON ACCELERATOR
INCUBATOR
2023
2023
PRE
CE
EN
S
CO NFER
S
STARTUP CAMBODIA
ECOSYSTEM STATUS
Startup Cambodia Ecosystem Status Startup Cambodia Insight 2023 74
THE STATUS OF STARTUP CAMBODIA ECOSYSTEM:
2022 vs 2023
Total 98
Active Startups 150 +53%
Tech-Enabled 44
Startups 21 -52%
Technical 69
Tech 54 Founders 136 +97%
Startups 129 +139%
Female 55
Startup Related 108 Founders 84 +53%
Programs 75 -31%
Startup Related 275

Events 96 -65%
46
Mentors
65 +41%
International 3
Exposure 15 +400%
2022
Total No Data 2023
Investments + Grants 22.3 Billion Riels
*Note: All Data are collected from the Startup Cambodia Digital Platform
CREATING A PROFILE
ON STARTUP CAMBODIA
Download “CamDigiKey” on your mobile device, Go to “startupcambodia.gov.kh”
register your account and wait for approval. and click on “Login” on the top right corner.
startupcambodia.gov.kh
2
3 4
Click “Login with CamDigiKey”, Scan the QR code, then key in your 6-digit code
then the QR code page will pop up for you to scan. on your mobile device. You are done!
1. CLICK ON YOUR PROFILE,
THEN CLICK ON YOUR NAME
3. FILL IN YOUR INFOMATION,

2. SELECT THE ROLE THEN CLICK CREATE
THAT FITS YOU
YOU ARE DONE!

OUR PARTNERS
16 21 MAP OF
35 30
2023
1 STARTUP CAMBODIA
ECOSYSTEM
Entrepreneurship
Courses
Scholarship
Virtual Sessions
11
Innovations Meetups
1
6 24
Internship
Accelerators
Hackathons
Program Event Conferences
10
Awards
3
Mentor
Recruitments
7
Expos
6
Incubations Online
AgriTech
Media HealthTech
Online Travel
Transport &
Delivery EdTech
Corporates
Financial
Tech Blockchain
CleanTech Startup Government

Institutions
Technical
Startup
FinTech
Communities &
er
Associations
Mentor
old
Analytical
keh
SaaS E-Commerce
Co-Working
Development Spaces
Sta
Partners
Tech-Enabled
Media
Entrepreneurship
Management
Service
Academic Providers
Institutions
Accelerators &
Incubators
Investor
22.6
APPROXIMATELY
BILLION RIELS
TOTAL
ESOs & Awards Traditional Investors
A YEAR-TO-DATE REPORT ON THE STARTUP ECOSYSTEM
AND THE ESSENTIAL FEATURES ON STARTUP CAMBODIA DIGITAL PLATFORM

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2 Startup

H.E. DR. AUN PORNMONIROTH

06 STARTUP ECOSYSTEM IN CAMBODIA

73 STARTUP CAMBODIA ECOSYSTEM STATUS

75 CREATING A PROFILE ON STARTUP CAMBODIA

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

Jointly Coordinated by Techo Startup Center (TSC)

*Last updated: December 2023

2023 STARTUP ECOSYSTEM IN CAMBODIA

Communities & Institutions

11.9% CleanTech 8.52%

Startups FinTech 7.75%

Tech-Enabled Influencer 6.97%

Startups that actively work towards developing innovative

Angkor SALAD DamDoh App Greenovator

Founded: Founded: Founded:

Startups that use the decentralized, distributed ledger technology to

Selendra Bakong Verify.gov.kh

Founded: Founded: Founded:

CamDL Team NID

Startups that provides innovative technological solutions to reduce

Khmer Solar EcoBatt Energy Pteah Baitong

RUY REACH SOGE Cambodia EcoSun Solar

SE Cambodia MAUSO AET JAY

Founded: Founded: Founded:

Elephant pump Kasekor Chhlat

Startups that specialize in selling and promoting their products

VTENH Kokopon Khmer24.com

Founded: Founded: Founded:

Khmum - eshop L192 Tenbox

Founded: Founded: Founded:

BLOC Mall Orkun APP wefix4u

Founded: Founded: Founded:

Youngsia BidNow ADSA

ATELIER Cloth Bird PhumCAKE

Founded: Founded: Founded:

PHZARLAN HOMEAPP Asia Eshop855.com

Founded: Founded: Founded:

Startups that focus on the education sector,

OneSala Rean AAN Sala.co

Founded: Founded: Founded:

SalaCyber SpeakTe Dang Kouv

Founded: Founded: Founded:

Stemunity DAILY PLUS Edemy &

Startups that provide innovative technology or platforms to improve

BanhJi CamboFinance Spean Luy

Founded: Founded: Founded:

U-PAY Morakot Mora BNPL

Founded: Founded: Founded:

Startups that uses technology to develop health-related products

CancerCo. TOVPET MeetDoctor

Founded: Founded: Founded:

PrimPharma Hospicare Pethyoeung

Founded: Founded: Founded:

Startups that develop and create online content and services.

Founded: Founded: Founded:

Sastra Film app Curiosity Kiripost

Founded: Founded: Founded: