Spending power
TheGrid Corporate Spending Power index would rate purchasing capacity from registry, scale and activity signals.
Spending power
Key facts
Counted staff
18
self-reported 11–50 band
Founded
2015
11 years
Legal entities
None matched
Office countries
1
1 address
Funding rounds
1
Seed · Oct 2022
Company type
Privately Held
self-reported
Description
🇲🇾1st Vending Machine Manufacturer since 2015 ⭐️Brand of 1st UnifiedQR eWallets vending machine in 2019 🏆Award-winning vending machine startup in 2020 🤝Served more than 200 enterprise-clients 📶More than 400 units operating in the market ⚡️Proprietary VECloud & VEProUX 📈VEProUX GMV RM12mil
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.
Locations
Country footprint
Show as table · Offices in 1 country
| Countries | 1 |
|---|---|
| Primary country | MY |
All codes: MY
Addresses
- MYNo. 5, Jalan TP 7/5, Taman Perindustrian UEP,; Subang Jaya, Selangor 47500Primary
Grid intelligence Members
Funding
Last round · 19 October 2022Amount not recordedSeed
Rounds1
Round typeSeed · venture round
Amount (USD)not recorded
Stage rank2
Investors named0
Since last round3 yr 3 mo
Funding
Show as table · 1 funding round
| Rounds | 1 |
|---|---|
| Axis | 2015 to 2026 |
| Seed · 19 Oct 2022 | not disclosed |
Dated rounds only. The axis ends at the date this profile was last observed, not at today.
Signals & hiring
Hiring, headcount and registry-change signals, streamed to members.
Latest signal
Hiring activity
Headcount trend
Financials
Registry-filed capital and financial indicators, standardised by TheGrid.
Paid-up capital
Fiscal period
Registered charges
Revenue
Profit / loss
People & contacts
4 employee profiles on record · names withheld.
Names and titles are intentionally absent from this page. The source relation carries no consent record across the privacy regimes this directory spans, so it is never requested and never stored. Search engines see exactly what you see here.
Counts only. No names are stored here, and none are served.
FAQ
How many people work at Vechnology?
The record holds 18 counted staff profiles at January 2026, inside the self-reported 11–50 band.
Where does Vechnology have offices?
One address on record, Malaysia only. Primary: No. 5, Jalan TP 7/5, Taman Perindustrian UEP, Subang Jaya, Selangor 47500.
Has Vechnology raised funding?
One round. Latest 19 October 2022: Seed, no amount recorded.
What does Vechnology list as its specialties?
Four tags on the brand's own list, among them iot.
Which companies are listed alongside Vechnology?
20 profiles list Vechnology as a peer — 99th percentile in Machinery Manufacturing. It lists ten peers of its own. Tao Bin Malaysia and Flying Turtle Beverage (Australia) list it back.