Venture Capital

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.

Armis’ latest funding round was led by both top-tier investors General Catalyst and Alkeon Capital, along with existing investors Brookfield Growth and Georgian.

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.

The primary investment focus of VinVentures includes Artificial Intelligence (AI), Semiconductors, and Cloud Computing, as well as other high-tech products.

Jelawang Capital will be led by Bryan Lim as its Chief Executive Officer, who is also Khazanah’s Head of Dana Impak.

The funding arrives less than two years after Supermom’s Series A round of S$8 million in December 2022, led by Qualgro, affirming Supermom's role as an innovator leveraging AI and data to create value for families and consumer brands, the company said in a statement on Monday.

Malaysia's sovereign wealth fund Khazanah Nasional Berhad (Khazanah) will launch the Emerging Fund Managers’ Program (EMP) and the Regional Fund Managers’ Initiative (RMI) under the National Fund-of-Funds (NFOF) to boost the country's venture capital ecosystem.

In the interview, Binh Tran also shared his views and suggestions on how to improve the tech ecosystem in Vietnam and AVV’s fundraising plan, among others.

For the first time since its launch, Ideaspace Ventures has made immediate investments in the startups selected, signifying its commitment to their growth and automatically including them in its portfolio.

Several MOUs and partnerships between South Korea and Singapore are inked at the Global Investment Capacity Building Program Demo Day.