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PETALING JAYA: Global venture capital (VC) firm Antler has teamed up with national sovereign fund Khazanah Nasional Bhd to expand its operations into Malaysia.
KUALA LUMPUR: Khazanah Nasional Bhd recently led a Series B fundraising round of a Malaysian home-grown insurance technology (insurtech) company, PolicyStreet, raising a total of US$15.3 million (RM67 million) under its Dana Impak mandate.
SINGAPORE, May 26, 2023 /PRNewswire/ -- Plug and Play, a global innovation platform headquartered in Silicon Valley has announced its plans to launch a new office in Kuala Lumpur, Malaysia to support the Future Malaysia Programme by sovereign wealth fund Khazanah Nasional Berhad. Its primary responsibility will be to accelerate the growth of the innovation ecosystem in the country by working with leading corporations and top high-potential startups across the globe through its accelerator programme, which will focus on areas related to Digital Society & Technology Hub, Sustainability &...
Khazanah Nasional Bhd has called for an “all Malaysia” approach to support the local startup ecosystem, without solely depending on the government or its agencies.
THE venture capital (VC) industry is one of the reasons why the United States has created many world-class technology based companies.