Venture Capital
AIM takes 12% stake in US cardiac device start-up
AIM makes its second venture investment with a stake of around 12% in US cardiac device start-up which will use KL as its Asian Hq and center of excellence.
Week in Review: Get in on the conversations!
Digital News Asia (DNA) founder Karamjit Singh tells us why he is totally loving the interactive conversations that our articles trigger, via social media and also through the comments section, and urges entrepreneurs to share to help grow the ecosystem.
DropMySite founder follows own path … mostly
Founder of email and database back-up site follows what works for him, but is practical about the realities of Asian investment culture.
Week in Review: It's all about the money
Money takes centerstage in this week's wrap-up. DNA CEO Karamjit Singh highlights AIM's maiden investment in high-tech startup QEOS and the launch of the Malaysian Business Angels Network (MBAN).
QEOS targets US$100m valuation by end 2013
Hi-tech start-up Quantum Electro Opto Systems gets US$3.5-million venture funding from Agensi Inovasi Malaysia, charts path to increase valuation to US$100 million by end 2013.
Rixty: Stay lean and focused, then raise money
Thanks to open source software and cloud-based services, there has never been a better nor cheaper time to build out a product or roll out a service. As a consequence, the dynamics of raising money for start-ups has changed too, says Ted Sorom, the founder of Rixty Inc, the payment solution company that MOL Global Pte Ltd just acquired.
Make the most of your money
Trying to understand and then having to compare credit card plans or mortgages, the single biggest financial decision most of us are likely to make, can be a brain-twisting experience. This is where MoneyStreet comes into the picture. Its goal is simple: To help everyone make the most of their money.
‘Entrepreneurs not equitable in asking for money’
Most of the companies Malaysia Venture Capital Management Bhd (Mavcap) has invested in since 2011 have been startups, and quite a few of them have failed, says its chief executive officer Jamaludin Bujang.
Mavcap asking for ‘substantial amount’ from govt
Even though Mavcap has RM100 million left over from its last allocation from the Malaysian Government, it will be asking for more – ‘actually quite a substantial amount,’ says its CEO.
Mavcap looking for a few good men (and women)
It's been close to a year since Jamaludin Bujang took over as Mavcap CEO. DNA caught up with Jamaludin recently to get a feel for how Mavcap is doing, especially over the first seven months of the year, and how much money it has left to invest.
