Venture Capital

Malaysia’s Khazanah Nasional completes acquisitions of MAVCAP and Penjana Kapital

Malaysian sovereign wealth fund Khazanah Nasional has completed the acquisitions of Malaysia Venture Capital Management Bhd (MAVCAP) and Penjana Kapital, a step forward in advancing Malaysia’s venture capital ecosystem.

JIA Asset Management joins Vynn Capital Progression Fund as limited partner

JIA Asset Management Sdn Bhd has announced on Tuesday its strategic collaboration with Vynn Capital by participating as a limited partner in the Vynn Capital Progression Fund, Vynn Capital’s mobility and supply chain-focused fund.

Securities Commission Malaysia’s FIKRA ACE seeks FinTech startups to enhance Islamic capital market

The Securities Commission Malaysia (SC) is seeking FinTech startups to enhance Islamic capital market via the second cohort of its FIKRA ACE accelerator program, part of the FIKRA ACE initiative.

Second Xero Beautiful Business Fund launched to support Singapore’s small businesses

Xero, a New Zealand-based small business platform, has announced the return of the Xero Beautiful Business Fund for 2024 — an initiative offering more than SGD 630,000 ($466,720) in funding to support small businesses and non profits with their growth plans and help drive future success.

ORIGIN: Asia Tech Conference: Outsiders’ Insights – Capturing the Southeast Asian Tech Wave

The panelists shared their views on the most promising sectors in Southeast Asia, the future development of the tech ecosystem, among others. These investors also shared their views on several issues related to the tech ecosystem in Southeast Asia from a foreign investor's and a regional investor's point of view.

Malaysia’s OSK-SBI Venture Partners launches second fund and makes first investment

OSK-SBI Venture Partners Ltd. (OSK-SBI) has on Wednesday announced the launch of its second venture capital fund to invest in category-defining companies across Southeast Asia. Active fundraising for Fund 2 is ongoing with the target to hit final close of capital commitments of $40 million.

Indonesia tech startup funding plunges 64% on year in first half

Total funding into Indonesia tech startups plunged 64 percent to $191 million in the first half of 2024, compared with $526 million in the first half of 2023, Tracxn said Tuesday.

Tracxn : Vietnam tech startups total fundings down 52.7 pct on year in first half

Total funding into Vietnam Tech startups dropped 52.7 percent to $46.5 million in the first half of 2024, compared with $98.5 million in the first half of 2023, Tracxn said Tuesday.

ORIGIN: Asia Tech Conference: Cultivating Innovation: Strategies for Building a Conducive Environment for Tech Growth in Southeast Asia

The panelists, from corporate venture capital, venture capital firm and venture builder, shared their views on the criteria and support needed to build a conducive tech ecosystem.

ORIGIN: Asia Tech Conference: Southeast Asia – The Bright Spot For VC Investing Amidst Global Uncertainties?

“Southeast Asia: The Bright Spot For VC Investing Amidst Global Uncertainties?” was a panel that featured Thomas G. Tsao of Gobi Partners, Roderick Purwana of East Ventures and Angela Toy of Golden Gate Ventures, moderated by James Kwan, Founder & Executive Chairman, Jumpstart Media at the ORIGIN: Asia Tech Conference. ​​