AI Weekly Malaysia

Patsnap founder and CEO Jeffrey Tiong, described as Sabah-born, was selected as an Endeavor Entrepreneur at Endeavor’s 70th International Selection Panel, expanding Endeavor Malaysia’s entrepreneur community. Patsnap is headquartered in Singapore, began as a patent-search tool, and now describes itself as an AI-powered IP due-diligence and R&D platform; it reached unicorn status in 2021 and serves more than 10,000 customers across 50+ countries, with named customers including Tesla, Micron, Bose, Wilson Sonsini and Reed Smith. Endeavor selection gives access to a global founder network, local team support and possible Endeavor Catalyst co-investment, with a commitment to mentor and back other entrepreneurs.

Why: For SaaS founders, this is mainly a credibility and network signal, not a product, pricing or API change. The concrete benchmark is Patsnap’s path from patent search to AI-assisted IP due diligence with 10,000+ customers; if you sell into IP or R&D workflows, that positioning is worth studying. The text does not give Malaysia-specific program terms, investment amounts or application details, so there is little operational action beyond noting the founder-network signal.