Vechnology

📍 Petaling Jaya, Malaysia🗓 Founded 2015👥 15 employees💰 Last funded Nov 2022
Machinery Manufacturing🌐 vechnology.com.my
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We are vending machine manufacturer who build smart vending machine that equipped with our proprietary mechanical design and software which equipped with IoT vending system (VEProUX) and SaaS cloud solution (VECloud). We work on Smart Vending Machine is due to the fact that the future is hungry for data, and we find that smart vending machine is an essential interacting point to connect people with digital ecosystem. We find that a lot of opportunities especially the rising from digital scene such as e-wallet, e-commerce, and even programmatic advertising that could reshape the way people interact with vending machine. Our product is demanded in different key areas which include commercial and industrial. Retailing business has been weak in providing unified message across their distribution channel, due to most of the Fast-Moving Consumer Goods (FMCG) companies are multichannel oriented instead of omni-channel oriented which couldn’t maintain unified message across their distribution channel. Secondly, smart vending machine also has strong application in industrial where factory is using it in monitoring their employees for product consumption on Personal Protective Equipment (PPE) & Maintenance, Repair & Operation (MRO) that could result a 30% reduction in overall consumption.
2
Total investors
0
Early stage
0
Mid stage
2
Late stage
2015
Founded

Investors

2 investors
All
Early stage
Mid stage
Late stage
Investor geography1 country
Hong Kong
2
Frequently asked questions
Who invested in Vechnology?
Vechnology has 2 investors on record on gritt.io and 2 late-stage investors.
When did Vechnology last raise funding?
The most recent investment in Vechnology recorded on gritt.io was in November 2022.
When was Vechnology founded?
Vechnology was founded in 2015.
What industry is Vechnology in?
Vechnology operates in Machinery Manufacturing. Find similar Machinery Manufacturing investors on gritt.io.
Where is Vechnology based?
Vechnology is headquartered in Petaling Jaya, Malaysia.