Impact Circle

What Impact Circle does

Impact Circle Sdn Bhd is a Malaysian private company founded in 2019 that operates as an agrifoodtech ecosystem platform rather than a software product company. Headquartered in Petaling Jaya (Kuala Lumpur area) with 1-10 employees, it runs the ScaleX national agrifoodtech scale-up platform — officially endorsed by the Ministry of Agriculture & Food Security (KPKM) and supported by Securities Commission Malaysia — alongside the Impact Ventures Network community, THE SPARK pitching platform, the AgriFoodTech Change Makers Pavilion, the Future Food-AgTech Festival, the Food Systems Impact Change Maker Award, and a RegenerativeAg / Back2Nature Farm programme applying bioremediation, indigenous microflora biofertilizer, and metagenomic soil testing.

The core technology is ecosystem orchestration rather than proprietary code: a multi-stage ScaleX masterclass curriculum (cross-border strategy, business model refinement, impact measurement, financial intelligence, channel marketing) feeds curated cohorts of about 30 growth-stage agrifoodtech companies per cycle into State and Corporate Living Labs, investor roundtables, and showcase venues including Food & Drinks Malaysia by SIAL, MAHA, and AgriFoodTech Expo Asia in Singapore. Impact Circle's regenerative agriculture workstream applies agronomic methods — biofertilizers from indigenous soil microflora and metagenomic soil testing — to smallholder farmer pilots in the Klang Valley, but no software platform, API, SDK, or AI/ML model is offered.

The business model is a hybrid of heavily subsidized programme fees (most programmes free; World Soil Day tickets at RM100, exhibition booths at RM5,000-7,000) and recurring sponsorship/partnership underwriting from government agencies (KPKM, SC Malaysia, MDEC, Khazanah), corporate sponsors, and international co-delivery partners (Naked Innovations from Spain, Innovate 360 from Singapore, Giga Futures from Switzerland). It functions operationally as a social-impact community organisation and explicitly does not publicly disclose its own financials; reported 2024 outcomes of 50,000+ participants, 100+ supported startups, and RM150M+ raised by portfolio companies reflect ecosystem-level rather than company-level revenue.

Name

Impact Circle

Legal name

Impact Circle Sdn Bhd

Website

https://myimpactcircle.org

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

Impact Circle is a Malaysian agrifoodtech ecosystem platform that operates ScaleX, the nationally endorsed scale-up programme, alongside the Impact Ventures Network, THE SPARK pitching platform, regenerative agriculture pilots, and flagship events such as the Future Food-AgTech Festival for agrifoodtech startups, smallholder farmers, investors, and government partners across Southeast Asia and broader Asia.

Ownership category

akta.pro rank

Product category

Agrifoodtech Ecosystem Platform

NAICS

Support Activities for Crop Production (11511), Farm Management Services (115116)

SIC

Services-Management Consulting Services (8742), Agricultural Services (700)

akta.pro industry

PRIMARYBPAGALAA

Impact Investing & Social Finance (Funds, CDFIs, Microfinance)

Business & Public Services/Nonprofit, NGO & Social Services/Social Enterprises & Impact Organizations

SECONDARYAFACABAA

Soil Health & Regenerative Agronomy Consulting

Agriculture & Food Production/Agricultural Services (Custom Farming, Agronomy, Veterinary)/Crop Consulting & Agronomy Services (Soil Health, Nutrient Planning, Yield Consulting)

SECONDARYBPABALAK

Sustainability Engagement, Training & Behavior Change Programs (On-site)

Business & Public Services/Facilities Management & Building Services/Waste, Recycling & Sustainability Programs (On-site)

SECONDARYBPADAOAJ

Impact Investment & Social Finance Programs

Business & Public Services/International Organizations & Development/Donor Coordination, Grantmaking & Development Finance Programs

Keywords

• Agrifoodtech accelerator
• Innovation ecosystem
• Venture scaling platform
• Regenerative agriculture
• Food systems programs

Headquarters

HQ city

Kuala Lumpur

HQ country

Malaysia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Programme and Event Fees: Revenue generated through subsidized programme participation fees for ScaleX accelerator activities, exhibition booth fees at major trade events (FDM by SIAL, MAHA), and event ticket sales (World Soil Day RM100 per person). Some components are subsidized by ecosystem partners.
2. Partnership and Sponsorship: Support from government agencies (KPKM, Securities Commission Malaysia, MDEC), corporate partners, and ecosystem collaborators who fund and endorse various initiatives and programmes.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Impact Circle operates an agrifoodtech ecosystem-building platform that runs the nationally endorsed ScaleX scale-up programme, the Impact Ventures Network community, the THE SPARK innovation spotlight, and signature events including the Future Food-AgTech Festival, World Soil Day, and the Food Systems Impact Change Maker Award. Through the RegenerativeAg initiative (Back2Nature Farm, Smallholder Farmers Rescue Project), it also deploys regenerative farming pilots and biofertilizer field research for smallholder farmers. Services delivered include investment readiness masterclasses, investor roundtables, corporate and state Living Lab deployment, and curated pitching/showcase platforms.

Product overview

Impact Circle is an agrifood ecosystem platform organisation that operates multiple interconnected programmes and initiatives rather than a single unified software product. The core platform is ScaleX — Malaysia's nationally aligned AgriFoodTech Scale-Up Platform endorsed by the Ministry of Agriculture & Food Security, which provides investment readiness development, strategic ecosystem access, and real-world deployment opportunities through Living Labs. Supporting platforms include the Impact Ventures Network (regional community connecting founders, investors, corporates, and policymakers), THE SPARK (innovation spotlight/pitching platform), and the AgriFoodTech Change Makers Pavilion (regional showcase). Impact Circle also runs signature events including the Future Food-AgTech Festival, Food Systems Impact Change Maker Award, and World Soil Day commemorations. The RegenerativeAg initiative focuses on sustainable agriculture through the Back2Nature Farm and Smallholder Farmers Rescue Project. ScaleX operates as a multi-phase platform with masterclass modules (covering cross-border strategies, business model refinement, impact measurement, financial intelligence, and channel marketing), investor roundtables, investment clinics, showcase events, and Corporate/State Living Labs for deployment. The organisation does not appear to offer a software product with API integrations.

Differentiator

Problem solved

Functional benefit

Brands

• ScaleX: Malaysia's National AgriFoodTech Scale-Up Platform, officially endorsed by Ministry of Agriculture & Food Security (KPKM) as Programme Endorser and National Policy Anchor, and supported by Securities Commission Malaysia.
• Impact Ventures Network
• Future Food-AgTech Festival
• The Spark
• Food Systems Impact Change Maker Award
• RegenerativeAg

Products and services

• ScaleX Malaysia's nationally aligned AgriFoodTech Scale-Up Platform officially endorsed by the Ministry of Agriculture and Food Security (KPKM) and supported by Securities Commission Malaysia. Accelerates high-potential agrifoodtech companies through investment readiness development, strategic ecosystem engagement, cross-border collaboration, capital facilitation, and real-world deployment opportunities. Target users are growth-stage agrifoodtech companies, investors, corporates, and government stakeholders.
• Impact Ventures Network Regional community platform connecting founders, investors, corporates, and policymakers to unlock opportunities, accelerate growth, and translate innovation into real-world outcomes across the agrifood ecosystem. Provides networking, mentorship, business support, and access to funding opportunities and regional market access.
• THE SPARK Innovation spotlight platform celebrating bold ideas and transformative solutions set to redefine the global food and agriculture landscape. Provides opportunity for innovators, startups, founders, researchers, and technology disruptors to pitch before panels of ecosystem leaders, investors, and industry experts. Runs annually in conjunction with Food & Drinks Malaysia by SIAL.
• Future Food-AgTech Festival Non-profit community festival bringing together farmers, innovators, educators, investors, and consumers to celebrate Good Food for All. Held annually in conjunction with the Food and Agriculture Organization (FAO) of the United Nations' World Food Day, with mix of programming, feststalls, student engagement, and thought-leadership activities.
• AgriFoodTech Change Makers Pavilion Regional pavilion showcasing agrifoodtech innovators across Asia, developed in collaboration with SPACE-F (Thailand), Innovate 360 (Singapore), Haoshi Accelerator (Taiwan), and Constellar. Features the AgriFoodTech World Championship and has run for four consecutive years.
• Food Systems Impact Change Maker Award Recognition programme honouring individuals, startups, organisations, researchers, ecosystem leaders, and innovators creating meaningful impact and transformative change across the food systems landscape. Categories span AgriFoodTech Innovation, Sustainability & Climate Action, Future Food & Biotechnology, Nutrition/Wellness, AI/Robotics, Circular Economy, Smart Farming, and Community Impact.
• RegenerativeAg Initiative focused on regenerative agriculture solutions powered by agronomic technology, aimed at creating a more prosperous future for smallholder farmers by introducing innovative and sustainable agricultural techniques that improve soil health, increase yield, and reduce carbon footprint.
• Back2Nature Farm Regenerative farming initiative demonstrating field research into regenerative natural farming technologies. Includes biofertilizer production using indigenous soil microflora and bioremediation techniques aimed at enhancing food production with minimal adverse environmental effects and virtually zero chemicals in farm produce.
• Smallholder Farmers Rescue Project Project helping smallholder farmers adopt regenerative farming practices that extend soil lifespan through healthy microbial cultivation and produce pesticide/chemical-free, nutrient-rich crops. Includes a pilot project with 10 smallholder farmers in Klang Valley and additional pilot sites demonstrating regenerative farming systems.
• World Soil Day Annual commemoration of World Soil Day (5 December) in partnership with UN FAO as Global Soil Partner. Now in its fifth consecutive year, the programme features dual-site farm immersion raising awareness on soil health, sustainable soil stewardship, and regenerative agriculture. Ticketed at RM100 per person including transportation and lunch.

Quantifiable outcome

• RM150 million+ raised by 100+ supported startups
• +3 more outcomes

Named customers10 records

Segments1 record

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

18 partnerships are on record, tiered core and supporting.

• Innovate 360 (Singapore)coreStrategic or Co-development Partner · 16 February 2023Collaboration agreement signed to bridge greater scale in investments, cross-border partnerships and impact building for Malaysian AgriFoodTech entrepreneurs in Japan, Singapore and greater Southeast Asia.
• Sustainable Food Asia Co., Ltd. (Japan)supportingStrategic or Co-development Partner · 16 February 2023Collaboration partner for cross-border expansion enabling Malaysian agrifoodtech entrepreneurs to access Japan and Southeast Asian markets.
• Ministry of Agriculture & Food Security (KPKM)coreStrategic or Co-development PartnerOfficial Programme Endorser and National Policy Anchor for ScaleX platform. Government endorsement provides sovereign credibility, policy alignment with Malaysia's Agrofood Policy 2021-2030, National Food Security Policy, and Twelfth Malaysia Plan.
• Securities Commission MalaysiacoreStrategic or Co-development PartnerStrategic Pipeline Partner for ScaleX programme, providing access to capital markets ecosystem, GrowMatch initiative collaboration, and regulatory framework alignment. SC chairman Dato' Mohammad Faiz Azmi highlighted GROWMatch's role in alternative financing for food security.
• Malaysia Digital Economy Corporation (MDEC)supportingStrategic or Co-development PartnerSupporting partner for ScaleX platform contributing to digital economy alignment and ecosystem development for agrifoodtech companies.
• Naked Innovations (Spain)coreStrategic or Co-development PartnerCo-delivery partner for ScaleX programme providing regional and international expertise across venture building, investment readiness, ecosystem development, innovation commercialisation, and market expansion.
• Innovate 360 (Singapore & Thailand)coreStrategic or Co-development PartnerCo-delivery partner for ScaleX and ongoing collaboration partner for regional innovation initiatives. Partnered on AgriFoodTech Change Makers Pavilion and multiple regional events.
• Giga Futures (Switzerland)supportingStrategic or Co-development PartnerCo-delivery partner contributing expertise in venture building and ecosystem development for ScaleX programme.
• Sirius Impact (Singapore)supportingStrategic or Co-development PartnerCo-delivery partner for ScaleX programme providing impact-focused expertise and regional ecosystem connections.
• Comexposium Asia PacificsupportingGTM or Marketing PartnerSupporting partner for THE SPARK 2026 initiative, providing access to Food & Drinks Malaysia by SIAL platform and international exhibition network.
• ConstellarcoreGTM or Marketing PartnerStrategic partner for AgriFoodTech Expo Asia collaboration, organizing the AgriFoodTech Change Makers Pavilion and World Championship for four consecutive years.
• SPACE-F (Thailand)supportingStrategic or Co-development PartnerCollaboration partner for AgriFoodTech Change Makers Pavilion at AFTEA, supporting cross-border innovation and investment across Asia.
• Bioeconomy CorporationsupportingStrategic or Co-development PartnerSupporting bio-based companies to participate in agrifoodtech expos and supporting 8 companies at AgriFoodTech Expo Asia 2024.
• Haoshi Accelerator (Taiwan)supportingStrategic or Co-development PartnerCollaboration partner for AgriFoodTech Change Makers Pavilion bringing Taiwanese innovations to regional showcase platforms.
• A*STAR - Agency for Science, Technology and ResearchcoreStrategic or Co-development PartnerStrategic partnership for AgriFoodTech World Championship providing scientific expertise and research collaboration opportunities for agrifoodtech innovators.
• UN FAO Global Soil PartnershipcoreStrategic or Co-development PartnerGlobal Soil Partner collaborating on World Soil Day celebrations for 5 consecutive years, raising awareness on soil health and sustainable soil stewardship.
• Taylor's UniversitysupportingStrategic or Co-development PartnerStudent volunteer support and collaboration with School of Food Studies & Gastronomy and Impact Lab for Food Security and Nutrition for Future Food-AgTech Festival.
• UCSI UniversitysupportingStrategic or Co-development PartnerFoodTech student volunteers supporting festival and community initiatives.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Plug and Play Tech Center: Global innovation platform running dedicated Food & Beverage and Brand & Retail accelerator programmes with corporate partnerships and demo days; overlaps with Impact Circle's ScaleX accelerator and THE SPARK pitching model at much larger international scale.
• AgFunder: Leading global agrifoodtech venture capital firm and research/media platform covering investment, intelligence, and ecosystem events; comparably positioned at the intersection of agrifood capital, founders, and thought leadership.
• SOSV (IndieBio / Food-X): Global venture fund operating multi-vertical accelerators including IndieBio for biotech and Food-X for foodtech; comparable accelerator + investment readiness format targeting the same founder profiles as Impact Circle's agrifoodtech cohort.

Direct peers

• Cradle Fund: Malaysian government-linked early-stage startup funding agency under the Ministry of Science, Technology and Innovation; directly comparable as a Malaysian institutional startup ecosystem enabler competing for the same founder pipeline.
• Sunway iLabs: Malaysian corporate-backed innovation lab and accelerator supporting early-stage founders across verticals including agritech; comparable Malaysian accelerator model targeting similar founder profiles and corporate deployment partnerships.
• Grow Asia: Singapore-based multi-stakeholder partnership platform convening agrifood actors across Southeast Asia to scale sustainable agriculture; very directly comparable as a non-profit, convener-led ecosystem platform operating in the same regional agrifood network.

Regional players

• Temasek The Liveability Challenge: Singapore-based sustainability and agrifoodtech startup challenge run by Temasek Foundation with funding, mentorship, and pilot pathways; analogous regional accelerator format targeting founders across food security and sustainable agriculture themes.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/myimpactcirclemy
• Instagraminstagram.com/impactcirclemy

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Impact Circle