Malaysia’s sovereign wealth fund, Khazanah Nasional Bhd, has acknowledged lessons from its unsuccessful investment in e-commerce firm FashionValet Sdn Bhd, while welcoming the Public Accounts Committee’s (PAC) recent review of […]

Malaysia-based digital health and employee wellbeing provider Naluri Pte Ltd has secured US$5 million in a Series B equity round to accelerate its expansion into Southeast Asia, starting with the […]

Sunway iLabs, the innovation division of Sunway Group, has joined forces with Cradle Fund Sdn Bhd to introduce the Startup Deep Tech Ventures Lab (DTVL). This six-month co-creation initiative aims […]

Gobi Partners, a venture capital firm with a focus on Asia, has invested in NanoSkunkWorkX (nSWX), a Malaysian deep tech startup specializing in graphene-based systems built for real-world performance. Its […]

Accenture has taken over Aristal, a consulting and digital transformation company based in Malaysia that specializes in serving the financial sector. Marking its first banking-focused acquisition in Malaysia, the move […]

Hartamodal Sdn Bhd, a Malaysian VC firm, has made its debut investment under the RM70 million Dana Impian fund by backing healthtech company Connect & Heal based in India. The […]

Cradle Fund’s MYStartup Accelerator programme has helped channel nearly RM5.5 million (US$1.3 million) in investments into local startups across five cohorts.  Powered by Cradle under the Ministry of Science, Technology […]

Malaysia has rolled out new tax incentives to attract more investment into its venture capital (VC) and private equity (PE) sectors to deepen the funding pool for local startups. Second […]