Venture Capital
Malaysian startups and the VC perception barrier
Despite its promise, Malaysia is not even looked at when VCs shop around for investments
We need more exits to boost our numbers of experienced founders versed in startup pains
TeAM urges tax incentives for corporates, review of bankruptcy laws
The Technopreneurs Association of Malaysia (TeAM), through its Policy Institute (TeAM-PI), is in discussions with the relevant government agencies to get the Malaysian Government to review existing bankruptcy laws in a bid to spur entrepreneurship, and is also working on a slew of other initiatives.
Market size crunch for Malaysian startups?
Nobuaki Kitagawa, director of overseas investment at CyberAgent Ventures, says that as an early stage investor, it doesn't really look for revenue but rather market traction in terms of users and the potential of the startup -- which is one of the reasons it has not invested in any Malaysian startup yet.
Mavcap on verge of launching third round of outsourced funds (OSP3)
Talks are in an advanced stage with three parties, local and foreign, which will each invest matching funds of up to US$25 million into any of four local venture capital (VC) companies that Mavcap is planning to spin off by January, 2014.
Deadline extended for MyULM unlisted market
Malaysia’s over-the-counter exchange extends its RFP to accommodate interest.
Star Accelerator Fund: Offers on table for four this week
Star Publications will be putting offers on the table to four companies it has shortlisted in the first round of the Star Accelerator Fund, which the media powerhouse launched in April.
Echelon comes to KL this week
After a one-year hiatus, the regional start-up conference Echelon is coming back with its Malaysia ‘satellite’ event, to be held in Bangsar South, Kuala Lumpur on April 17.
Fashion retailer Inverted Edge secures US$1.6mil in funding
Singapore--based global online fashion retailer Inverted Edge said it has raised over S$2 million (USD$1.6 million) through initial investments by venture capital funds and private investors.
e27 gets US$614,000 worth of funding, to expand regionally
e27 has secured a S$760,000 (US$614,000) round of funding, and will use it to expand its operations in South-East Asia.
Week in Review: We’re all going to be watching Matt Chandran
This week’s highlight could not be anything other than AIM’s US$22.7 million investment into iGene Sdn Bhd, perhaps the largest venture capital investment ever made into a Malaysian company.
