Cambodia Investment Review
With Cambodia’s innovation ecosystem rapidly gaining momentum, seven standout startup teams took center stage at the prestigious Shangri-La Phnom Penh to pitch their visionary business ideas. The SprintX Season 2 Demo Day welcomed a distinguished audience of investors, international organizations, and corporate leaders, and was presided over by H.E. Dr. Chhieng Vanmunin, Chief Executive Officer of Khmer Enterprise, alongside Mr. Chea Tola, Chief Commercial Officer, Enterprise Business of Cellcard.
Over the course of the SprintX program, participating startups underwent intensive mentoring, capacity building, and strategic guidance to sharpen their business models and investment readiness.
Grant Funding Supported By Khmer Enterprise
Following a competitive semi-final selection process, seven teams advanced to the final pitch round, presenting their ventures to a panel of four independent judges. At the close of the event, the top three scoring startups were announced and awarded grant funding supported by Khmer Enterprise:
1. KrubKrong – 1st Place Winner, awarded 20,000,000 Riels
2. Green Living Packaging & Handicraft – 2nd Place Winner, awarded 16,000,000 Riels
3. Chenda Khmer Recycle – 3rd Place Winner, awarded 12,000,000 Riels
As a diamond sponsorship for SprintX Season 2, Mr. Chea Tola, Chief Commercial Officer, Enterprise Business of Cellcar, said, “At Cellcard, we passionately believe that technology is the gateway to a more inclusive, more prosperous, and secure Cambodia. By supporting SprintX, Cellcard is proudly investing in the emerging innovative businesses that will reshape industries, create jobs, and build digital solutions that elevate every aspect of our nation’s growth.”
“This acceleration program is more than just mentorship and pitching competition—it is about equipping entrepreneurs with the founder tools, relevant skills, and connections to enrich their experiences. Khmer Enterprise is proud to support these founders who are eager to grow their businesses through our supporting networks, ” said H.E. Dr. Chhieng Vanmunin, CEO of Khmer Enterprise.
“SprintX graduates have shown incredible strength. Last season’s batch achieved one equity investment, a USD 5 million service deal to provide service at scale, and cash awards totaling USD 30,000 from other programs. This season, with a high satisfaction level and increased investment readiness understanding amongst participants as measured by our program team, I expect to see even better success stories after our post-program advisory support, ” said Mrs. Jolyda Sou, Managing Director of Prestige Consulting.
Here’s what previous fellows say about the program: Eileen McCormick, Co-Founder of Bonlai and 1st place winner of SprintX Season 1, said, “SprintX has not just been a program for us; it has been a game-changer that has significantly elevated our investor readiness. This transformative experience has equipped us with powerful tools and strategic insights that make our business an attractive opportunity for investors. Joining the SprintX program has unlocked a network of invaluable connections, opening doors to potential partnerships and investment opportunities previously unimaginable. We are now poised not just to seek funding, but to forge lasting relationships that will fuel our growth and amplify our impact in the market.”
Eight Weeks Of Masterclasses From Experienced Trainers
SprintX Accelerator commenced in April 2025, where 12 startups and SMEs underwent eight weeks of masterclasses from experienced trainers, mentoring sessions, and one-on-one consulting sessions with Prestige Consulting. The topics covered are business strategy, product commercialization, digital marketing, sales techniques, building making business online presence, operational strategy, and a strong emphasis on investment readiness and fundraising.
After the 12 teams graduated from the master classes, along with the mentoring sessions from experts in different fields. All 12 teams presented their business pitches in front of the 4 judges with diverse backgrounds, including accelerator, finance, and organizations focused on startup ecosystems. The top 7 teams were selected to advance to Final Demo Day as a result. These finalists receive complimentary investment deal support from Prestige Consulting until mid-October 2025.
