Synapse Innovation Sdn Bhd.
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Synapse Innovation Sdn Bhd. - overview
Established
2019
Location
Johor Bahru, -, Malaysia
Primary Industry
Software
About
Based in Johor Bahru, Malaysia, and founded in 2019, Synapse Innovation Sdn Bhd. , also known as Synapse Innovation, operates as a provider of an AI (Artificial Intelligence)-based machine learning platform that automates and monitors cloud-based data via a mobile application. In January 2022, Aerodyne Group acquired the company, with Afnizanfaizal Abdullah being its Chief Executive Officer. The company designs and develops cloud-based predictive analytics services for clients in a variety of industries, including smart manufacturing, oil and gas, infrastructure, healthcare, and agriculture.
The firm's technology uses edge computing to collect data directly from customers (from PLCs and controls, IoT apps, drones, and wearables, for example), and its machine learning platform analyses the data and transforms it into analytics and predictive dashboard, which clients can access via the company's mobile and desktop apps, offering them real-time data monitoring capabilities. Synapse Innovation Sdn Bhd plans to scale up its team from 30 data scientists to 500 AI engineers and data scientists within 2-3 years from January 2022.
Current Investors
500 Startups, Autonomous Control Systems Laboratory Ltd., Aerodyne Group
Primary Industry
Software
Sub Industries
Connectivity Software, Analytics & Performance Software
Website
www.synapse.my
Verticals
Artificial Intelligence, Big Data, Cloud Computing, Mobile Apps
Company Stage
Add-on
Total Amount Raised
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Synapse Innovation Sdn Bhd. - financials
| Fiscal Year Ended | Mar 31, 2020 | Mar 31, 2021 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|
| Revenue (USD) | 260,900 | 252,220 | - | - | - |
| % Revenue Growth (YoY) | - | (3.3%) | - | - | - |
| EBITDA (USD) | 55,164 | (126,853) | - | - | - |
| Operating Income (USD) | 51,130 | (131,929) | - | - | - |
| Operating Margin | 19.6% | (52.3%) | - | - | - |
| % EBITDA Margin | 21.1% | (50.3%) | - | - | - |
| NET Income (USD) | 51,445 | (131,833) | - | - | - |
| % Net Margin | 19.7% | (52.3%) | - | - | - |
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