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MyEG on why it’s not in the Cradle Seed Ventures Fund
For those wondering why e-government services provider MyEG Services Bhd is not involved in the Cradle Seed Ventures Fund, it’s because its cofounder Wong Thean Soon (aka TS Wong) has a new game plan for investing in startups: He wants MyEG to have more control.
Cradle out to plug deals outflow with seed venture initiative
Some may see the recent launch of Cradle Seed Ventures Pte Ltd as an initiative to encourage public-private partnership on the domestic startup funding front, but the move has a much bigger agenda: To prevent, or at least to minimise, the number of good deals flowing out of Malaysia.
18 months later, Cradle Seed Ventures finally launches
After many months of planning, discussions and getting feedback from various stakeholders, the much-awaited Cradle Seed Ventures Pte Ltd has finally launched, with RM40mil in its coffers and 30 to 40 startups in its sights.
