Vynn Capital

The funding round, led by Vynn Capital, attracted several new investors, including MOAJ Holding, a Saudi investment company; Frank Phuan; TNB Aura, a Singapore-based venture capital firm participating through its Scout Initiative; and Ciri Ventures, a climate tech-focused venture capital firm.

DF Auto has a global client base spanning across Malaysia, Singapore, Thailand, the Philippines, Indonesia, Vietnam, India, Ireland, and Malta.

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.

Malaysia Venture Capital Management Berhad (MAVCAP), Malaysia's largest venture capital firm, is investing as a limited partner in Vynn Capital's latest Mobility and Supply Chain Fund. This collaboration underscores MAVCAP's dedication to advancing technological frontiers in Malaysia and Southeast Asia.

The partnership brings together Vynn Capital's local network in the Southeast Asia region and expertise in identifying and nurturing promising startups and Marubeni Malaysia's extensive network and deep industry knowledge.

Vynn Capital, a Malaysia-based venture capital firm specializing in early-stage investments, has on Wednesday announced the participation of Malaysian conglomerate Sime Darby Berhad and Hong Kong-based investment firm AEI Capital as limited partners in its second Venture Capital (VC) fund.

Southeast Asia, in general, sees more consumers purchasing cross-border goods as digital platforms become more mainstream. This trend has attracted more investment dollars into the supply chain industry, due to the integral role of technology in scaling logistics infrastructure to support growing consumer and SME demand.

Victor Chua is a founding and managing partner of Vynn Capital, a Southeast Asia-based VC firm with a core focus on value creation for institutional investors as well as founders of innovative startups through strategic investments into early-stage technology-driven startups.