Venture Fund
US$11.2 mil spacetech fund launched in Malaysia by Nusa Kapital and Sirius T&E
To fund between 13 to 15 startups with average cheque size of US$737k
Improved regulatory environment for space in Malaysia a key motivator
Sunway Group & Indonesia’s Kejora Capital launch US$25mil Orbit Malaysia fund
Series A startups in FinTech, AgriTech, eCommerce, EdTech & HealthTech
Beyond commercial, parties hope to create real social & sustainable impact
CapitaLand creates US$75mil fund to tap tech startups
Singapore-based real estate company CapitaLand Ltd recently announced it is setting up C31 Ventures, a venture fund to tap global tech startups.
Mavcap and Gobi launch US$15mil fund, perhaps even more
Mavcap and Gobi Partners launched their US$15mil Gobi Mavcap Asean SuperSeed Fund, and they are already contemplating increasing the size of the fund.
AppShack Asia announces US$4mil venture fund
KL-based AppShack has officially launched its ‘pitching platform,’ and announced it has set up a US$3.77mil venture fund and intends to produce a reality show.
