Malaysia
Malaysia’s unicorn Carsome open to new funding, open to dual-listing – report
Carsome is ready for an initial public offering (IPO) but is in no rush to list.
HSBC Malaysia launches $106.92M New Economy Fund, providing lending to tech-led businesses & startups
The fund will primarily support lending to tech-led businesses and emerging startups from Series B stage and beyond who are tapping opportunities within Malaysia’s growing digital economy.
MATRADE, MDEC ink MoU to enhance Malaysian tech companies’ global footprint
The MoU aims to better facilitate the current and export ready Malaysian tech companies in strengthening their global footprint through more concerted and collaborative trade promotion initiatives.
Gobi Partners invests in Malaysia’s e-waste recycling firm ERTH
ERTH not only facilitates responsible e-waste disposal but also rewards contributors with cash incentives or vouchers.
Malaysia’s Science & Technology Ministry looks into VCs’ suggestions to support tech startup ecosystem
Among the key areas discussed were potential tax incentives, flexible regulations, and creative financing models that could provide a robust framework for startups to thrive.
500 Global closes $143M across early-stage & growth vehicles for Southeast Asia; ropes in Khazanah, KWAP & EPF as LPs
Limited partners (LPs) across its early-stage and growth investment vehicles include a sovereign wealth fund, public and private pension funds like Khazanah Nasional Bhd, Kumpulan Wang Persaraan (Diperbadankan) [KWAP], and Employees Provident Fund (EPF).
Vynn Capital announces partnership with Marubeni Malaysia to drive innovation & growth
The partnership brings together Vynn Capital's local network in the Southeast Asia region and expertise in identifying and nurturing promising startups and Marubeni Malaysia's extensive network and deep industry knowledge.
Malaysia’s Solarvest partners Centexs, Huawei, Greenbay to launch hyperscale green data center testbed and training program
Solarvest Borneo Sdn Bhd (Solarvest Borneo), a subsidiary of Malaysia-based clean energy expert Solarvest Holdings Berhad (Solarvest), has entered into a Memorandum of Understanding (MOU) with Centre forTechnology Excellence Sarawak (CENTEXS), Huawei Technologies (Malaysia) Sdn Bhd (Huawei Malaysia), and GreenBay CES Sdn Bhd (GreenBay). According to the…
UOB Malaysia launches financing solution for electric vehicle ecosystem
Banking group UOB Malaysia has announced the launch of U-Drive, a comprehensive financing solution for the electric vehicle (EV) ecosystem in the country. The solution seamlessly connects the EV value chain, including automotive component suppliers, automotive brand owners, dealers, and charging point operators to end-users.
Malaysia’s iPrice launches price comparison platform in Australia
IPrice Group, a Malaysia-based e-commerce technology company, has launched its price comparison platform in Australia. With the launch of iPrice.au, iPrice stands apart in the Australian market with its unique ability to compare and curate offers at the same scale that has led to their dominance across Southeast Asia (SEA).
