Venture Capital

The National IT Industry Promotion Agency of Korea (NIPA), in collaboration with the ASEAN Secretariat and Cradle Fund Sdn Bhd (Cradle) under Malaysia’s Ministry of Science, Technology and Innovation (MOSTI), is implementing the inaugural Korea-ASEAN AI Development & Startup Competition 2025.

To spearhead and lead the charge for stronger corporate governance in the startup ecosystem, Indonesia-based venture capital firm Alpha JWC Ventures has officially launched SpeakUp, a whistleblowing platform created to protect and build the integrity of the companies, employees, investors, and communities it serves.

GXBank Berhad and Grab Malaysia have concluded their first joint startup accelerator program TeXnovasi which saw Finory.tech as the winner.

Kumpulan Modal Perdana (KMP), a technology-focused venture capital firm under the purview of the Ministry of Science, Technology and Innovation (MOSTI), has entered into a strategic partnership with global social innovation company Edvance to build future-ready workforce in Malaysia.

Southeast Asia (SEA) initial public offering (IPO) capital market remains resilient in the first half with Malaysia and Indonesia take top spots, Deloitte said Friday.

The Selangor Information Technology and Digital Economy Corporation (Sidec) has officially launched the 2025 edition of its Selangor twin accelerator program, a dual-track initiative aimed at scaling Malaysia’s most promising startups and small and medium-sized enterprises (SMEs) across deep tech and consumer-focused industries.

The Malaysia Digital Economy Corporation (MDEC) said Tuesday that it is introducing two new grants totaling MYR 2.9 million ($6.84 million), aimed at accelerating digital transformation in two of Malaysia’s most strategic sectors — artificial intelligence (AI) and manufacturing.

The Southeast Asia (SEA) Monthly Funding Tracker for June 2025 shows a modest recovery from the previous month, with total funding of $284.7 million across 10 rounds. This reflects a 2.12 percent increase from May 2025 but marks a 37.27 percent decline compared to $453.8 million in June 2024.

The Ministry of Finance (MOF) in collaboration with the Ministry of Science, Technology and Innovation (MOSTI) and Cradle Fund Sdn Bhd (Cradle), have announced the successful selection of eight government-linked companies (GLCs) under the Bengkel Inovasi GLC (BIG) program, to accelerate corporate-startup collaboration and innovation-led growth in Malaysia.

1337 Ventures, Malaysia-based early-stage venture capital firm, has announced the launch of the 64th cohort of its flagship Alpha Startups™ Pre-Accelerator, with applications now open for the July 2025 intake.