Venture Building

Malaysia’s co-working space provider WORQ in talks to raise $8.5M for Series B funding

WORQ announced in October last year that it has completed its pre-Series B fundraising round, backed by 14 follow-on investors.

Sunway iLabs & Jetro Kuala Lumpur conclude 2024 Green Transformation Accelerator Program, fostering cross-border innovation for sustainability

Throughout the two-month long GXA program, these startups were immersed in Malaysia’s vibrant ecosystem, leveraging the extensive networks and support of Sunway Group, JETRO Kuala Lumpur, and knowledge partners, such as the Malaysia Investment Development Authority (MIDA).

Johor-Singapore Special Economic Zone to help create more tech startups, says Malaysia deputy tech minister

Deputy Science, Technology and Innovation Minister Mohammad Yusof Apdal said he is confident that the establishment of the JS-SEZ will play an important role in helping the Ministry of Science, Technology and Innovation (Mosti) achieve its target of creating 5,000 startup companies by the end of 2025

917 Ventures hopeful to see more unicorns in Philipines, FinTech among the hottest sector [Q&A]

In the interview, Glenn Estrella also shared how 917 Ventures seeks to enter into more strategic partnerships in its home country - the Philippines - and across Southeast Asia. He also shared the challenges within the startup/VC ecosystem in the country and suggestions for the ecosystem, among others.

Malaysia’s Cradle Fund appoints Norman Matthieu Vanhaecke as Group CEO

The Board of Cradle Fund Sdn Bhd (Cradle), Malaysia’s focal point agency for Malaysian startup ecosystem under the Ministry of Science, Technology and Innovation (MOSTI), has announced the appointment of Norman Matthieu Vanhaecke as the Group Chief Executive Officer (GCEO), effective November 23, 2023.

UBS Optimus Foundation and Swiss Re Foundation invest over $2M to kickstart a new partnership with Terratai

Terratai, an Indonesia-based venture builder dedicated to driving investment into scalable nature-based companies, has announced a new partnership with UBS Optimus Foundation and SwissRe Foundation, backed by an initial funding of over $2 million to launch programs in Indonesia, with the potential to expand to South East Asia in future years.

PH startup PetPal plans to build ‘superapp’ as it targets $1.6B pet care market in Southeast Asia [Q&A]

In the interview, 917Venture Head of Ideation and Acceleration Glenn Estrella also shared PetPal’s short-term and long-term plans, the potential and opportunities the company sees in the pet care market in the Philippines and the rest of Southeast Asia, among others.

Malaysia government to organize a startup convention in the near future – report

It was reported that the government plans to make Kuala Lumpur a regional hub for startup companies and the digital industry to attract investments and digital talents, with the goal of positioning Malaysia among the top 20 countries in the global startup ecosystem by 2030, the report added.

917Ventures’ PetPal targets $1.6B pet care market in Southeast Asia – expands access to essential pet care for Filipinos

PetPal Club subscription service provides users unlimited teleconsultations for up to two pets annually, along with discounts on pet services. A mobile app version is expected to launch later this year.