# Newswav Sdn Bhd

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/newswav-sdn-bhd

- Industry: Internet
- Headquarters: Selangor, Malaysia
- Website: www.newswav.com
- Total disclosed funding: $1.4M
- Latest round: Series A (Dec 20, 2021)
- Investors on record: 1

## About

Based in Selangor, Malaysia, and founded in 2017, Newswav Sdn Bhd operates as a news aggregator platform that obtains its content from different online sources. The company is partnered with over 200 news sources. In January 2022, Newswav Sdn Bhd raised MYR 6 million in Series A funding led by new investor OSK Ventures International. Co-founder Swee Wai Hoow will remain as CEO of Newswav Sdn Bhd. As of 2022, Newswav’s mobile app has over 2.4 million installs.

Newswav has a website and free mobile app available on iOS, Android, and Huawei aggregating articles, videos, and podcasts from new sources. Articles are available in English, Bahasa Melayu, and Chinese. The company also has a platform called Newswav Creator, where creators and journalists can monetize their content and reach users on Newswav.

The company will use the funding to enrich its content, drive user engagement, expand creators’ platform and scale up in-house AdTech capabilities.

## Funding rounds

- Series A, Dec 20, 2021, $1.4M — OSK Ventures International Berhad

## Investors

- OSK Ventures International Berhad (https://capitalatlas.ai/funds/osk-ventures-international-berhad) — Series A