Venture Capital
Cradle and KLDX team up to introduce alternative fundraising platform for Malaysian startups
Cradle Fund Sdn Bhd (Cradle), the focal agency for Malaysia’s startup ecosystem, has partnered with Kapital DX Sdn Bhd (KLDX), a local digital securities exchange platform, to provide Malaysian startups with an alternative avenue for fundraising.
Corporate Malaysia could contribute to doubling venture capital funding to $250 million by 2030, says report
Corporate Malaysia could contribute to doubling venture capital funding to reach MYR 1.1 billion ($250 million) by 2030, a report said Monday.
Malaysia’s DF Automation & Robotics bags $ 1.85M funding round led by Vynn Capital
DF Auto has a global client base spanning across Malaysia, Singapore, Thailand, the Philippines, Indonesia, Vietnam, India, Ireland, and Malta.
US-based Hemisphere Ventures expands into Southeast Asia
Hemisphere Ventures, a United States-based venture capital, has announced the opening of a new office in Singapore, marking its first expansion into Southeast Asia.
Khazanah launches Jelawang Capital as national fund-of-funds to accelerate growth of Malaysia’s venture capital ecosystem
Malaysia's sovereign wealth fund Khazanah Nasional Berhad has launched the national fund-of-funds, Jelawang Capital Sdn Bhd, to accelerate growth of Malaysia’s venture capital ecosystem.
NUS & NTU to launch $37.8M startup incubator program
The new program will be a comprehensive incubator program designed to bridge the gap between scientific research and market application. It will support startup teams by helping them refine their initial ideas, validate market needs, and design robust business models through a structured program framework.
MDEC establishes strategic partnerships with Singapore’s Ascent & Indonesia’s Central Capital Ventura with $45M capital investment
The combined funding will be instrumental in fostering the growth of Malaysian startups, particularly in line with Malaysia’s KL20 initiatives, and reinforcing our country’s position as a key player in the Southeast Asian startup ecosystem.
US-based cybersecurity firm Armis raises $200M at $4.2B valuation, eyes IPO
Armis’ latest funding round was led by both top-tier investors General Catalyst and Alkeon Capital, along with existing investors Brookfield Growth and Georgian.
Global VC investment falls to lowest level in nearly 7 years as number of $1B+ deals falters – KPMG report
In Asia, VC investment fell from $18.5 billion to $15.6 billion quarter-over-quarter, while in Europe it dropped from $17.9 billion to $12.5 billion.
Vietnam’s Vingroup launches VinVentures capital fund with AUM of $150M
The primary investment focus of VinVentures includes Artificial Intelligence (AI), Semiconductors, and Cloud Computing, as well as other high-tech products.
