Top 16 VCs In Malaysia [2022]

Top 16 VCs In Malaysia [2022]

Are you looking for a VC firm for your Malaysia-based startup?

According to the business setup report, Malaysia has a robust economy and is led by a pro-business government making the country an increasingly attractive investment destination for international investors.

A report by Tech in Asia shows that Malaysia is the birthplace of a number of big startups including the unicorn Carsome.

In addition, Digital News Asia reports that Malaysia is home to approximately 3000 startups.

If you are launching your startup in Malaysia or looking to grow your Malaysia-based startup, you may turn to VC funding.

There are a number of successful venture capital firms in Malaysia and we've curated a list of the best local firms in the area. Additionally, we provide you with:

  • Investment size
  • Funding stages
  • Typical industries the firm works with
  • Well known companies the VC firm has invested in

Here's the list:

1. Kejora Capital

  • Location: Indonesia, Singapore, Malaysia, Philippines and Thailand
  • Industries: Sector Agnostic
  • Investment Range: Between $5M and $20 Million.
  • Stage: Seed Stage to Series C
  • Companies invested in: Snapask, Smartstudy, Pawoon, C88, Investree, Sicepat, Dekoruma, Fastwork, Qareer, Found8.

Kejora Capital is a leading VC firm targeting investments in the brightest founders leading high-growth startups, Since its inception, Kejora capital continuously invests in building, and growing highly scalable businesses.

Kejora invests in seed-stage to Series C startups in a wide range of sectors. Their investment range is between $5M and $20 Million.

With a regional presence in Indonesia, Singapore, Malaysia, the Philippines, and Thailand, Kejora Capital has empowered thousands of individual companies and made a huge impact across Southeast Asia.

Learn more about Kejora Capital ➜

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2. Nexea

  • Location: Selangor, Malaysia
  • Industries: Technology
  • Investment Range: $50K-$1M
  • Stage: Early Stage
  • Companies invested in: Hauz, Lokein, Plush Services, Krenovator, Red Dino, Runningman, Jobworks, Ezyspark.

Nexea Capital is a VC firm and startup accelerator firm aiming at raising and supporting future technology giants to grow fast. The VC firm invests in early-stage, enabling technology startups to grow.

They focus on not only delivering capital but also on providing the best in class support through their exclusive and top-tier mentors, experts, and partners. Their funding range is between $50K and $1Million.

Learn more about Nexea ➜

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3. Intres Capital Partners

  • Location: Kuala Lumpur, Malaysia
  • Industries: Technology
  • Investment Range: Up to USD 2.4 million per company.
  • Stage: Early Stage
  • Companies invested in: Serunai, Tripfez, Softinn, Happy Bunch, Signature Market, Katsana, KFIT, Maideasy, Avana.

Intres Capital Partners invests in young, innovative high-growth companies, supporting them by adding venture capital and providing management insights to the portfolio companies.

The VC firm aims to help build long-lasting, disruptive and ultimately profitable companies. They look for great entrepreneurs who dedicate their time and resources towards innovative ideas.

The VC firm seeks to build businesses of lasting value, and so they invest strategically. Their target sectors include but not limited to ecommerce, location-based services, big data analytics, IOT, Fintech, and other innovative companies.

Learn more about Intres Capital Partners ➜

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4. Kumpulan Modal Perdana

  • Location: Selangor, Malaysia
  • Industries: Electronics & Electrical, Renewable Energy Sectors
  • Investment Range: Up to $3.5 Million per company
  • Stage: start-up stage, growth stage and pre-IPO
  • Companies invested in: NSWX, MLT, River Power, Creopop PTE, Plunify, Park Easy, Bion, Innowi, LeaderRange.

Kumpulan Modal Perdana is a VC firm focusing on technology and investing in entrepreneurs who have exceptional ideas, market disrupters, and those aiming at solving common pain points.

Ideally, the VC firm focuses on deep technology within the electronics, renewable energy, and green technology sectors. Kumpulan Modal Perdana aims at supporting entrepreneurs in delivering outstanding results and yielding high potential returns.

The VC firm invests up to $3.5 Million per company.

Learn more about Kumpulan Modal Perdana ➜

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5. FirstFloor Capital

  • Location: Selangor, Malaysia
  • Industries: Technology
  • Investment Range: Up to $7 Million
  • Stage: Series A, B, and C.
  • Companies invested in: Weeloy, Appier, Skeleton Technologies, Cloud Kinetics, WiSilica, Apperian, StoneApple, Marseille.

FirstFloor Capital invests in high-growth technology companies. The VC firm looks for unique competitive opportunities and puts in its strength and global network to enable the firms to expand routes and to reach the international markets.

Investing in early-stage, Series A, and Series C companies, the VC firm remains focused on companies with a unique competitive advantage. They invest in deals of up to $7 Million in series A, B, and C.

Learn more about FirstFloor Capital ➜

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6. Xeraya Capital

  • Location: Kuala Lumpur, Malaysia, Boston, US.
  • Industries: Life Sciences
  • Investment Range: Not disclosed
  • Stage: Early Stage
  • Companies invested in: ViewRay, OptiScan, Mitralign, Intervenn, Invendo Medical, Congenica, Acutus Medical, Aria CV, ConformIS.

Xeraya Capital invests in the life-sciences sectors globally. The VC firm targets startups venturing into medical technologies, pharmaceutical biotech, bio-renewables, and other sectors within the broad life-sciences classification.

Typically, their aim is on technologies that enable the development of breakthrough products designed to improve the quality of life worldwide. Their portfolio features direct and indirect investments.

Learn more about Xeraya Capital ➜

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7. 1337 Ventures

  • Location: Kuala Lumpur, Malaysia
  • Industries: Technology
  • Investment Range: Not disclosed
  • Stage: Early Stage
  • Companies invested in: Finory, Arus Oil, Besc, Kravve.co, Senang, Pod, ParkEasy, Vircle.

1337 Ventures is an early-stage VC firm always discovering, funding, and launching emerging startups. The VC firm invests at pre-seed and seed stage App technology companies, assisting startups through every growth phase.

Apart from investing in venture capital, the firm also runs an accelerator program through which they conduct digital transformation workshops.

They offer one-on-one advice to teams, enabling the startups to grow and compete globally.

Learn more about 1337 Ventures ➜

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8. Vynn Capital

  • Location: Kuala Lumpur, Malaysia
  • Industries: Travel, property, FMCG, logistics, property, and female-focused economics.
  • Investment Range: Not disclosed
  • Stage: Early Stage
  • Companies invested in: Pata, UNWTO, OPTI, Carsome, Travelio, Dropee, Pomona, Velotrade, Ouch, Showcase, Epost Express.

Vynn Capital is an early-stage VC firm investing in early-stage technology startups. The VC firm targets startups working towards building technology solutions within the mobility industries, and supply chain sectors.

They target entrepreneurs with the right mindset and those that have shown a willingness to work the VC firm in order to achieve greater heights. Apart from VC investing,

Vynn sees itself as a partner, and so seeks to support startups and build world-changing businesses.

Learn more about Vynn Capital ➜

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9. TH Capital

  • Location: Kuala Lumpur, Malaysia
  • Industries: Technology and Innovation
  • Investment Range: Not Disclosed
  • Stage: Early Stage
  • Companies invested in: Versa, Avana, MoneyMatch, BabyDash, We invest, SpaceX, GoDuo, Moladin, Naluri, Ksher, igloohome.

TH Capital is a VC firm focusing on technology and innovation. The firm funds and empowers entrepreneurs and founders venturing into Fintech, IoT, E-Commerce, and Mobile Gaming.

The VC firm looks at appealing business models in various sectors and works with business founders to provide them with the resources they need to launch their business vision.

Learn more about TH Capital ➜

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10. Teak Capital

  • Location: Kuala Lumpur, Malaysia
  • Industries: Sector Agnostic
  • Investment Range: Not disclosed
  • Stage: Early Stage
  • Companies invested in: Senior, Michelin, DHF, IHI, Powerwave, Temasek.

Teak Capital is an investment firm focusing on private debt, private equity, and special investments. The investment firm makes private investments through co-investments with capital partners.

Apart from capital investments, the VC firm aims to counsel and advise businesses for optimal functioning. They believe in empowering entrepreneurs to think big and at the same time mastering the essential blocks of managing a business through ensuring the right governance, and a holistic understanding of the company's financials.

Learn more about Teak Capital ➜

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11. Netrove

  • Location: Guangzhou, Hong Kong, Kuala Lumpur
  • Industries: Energy & Cleantech, Media, SaaS, Travel, Fintech, Edutech
  • Investment Range: Not disclosed
  • Stage: Early Stage
  • Companies invested in: Beacon Hospital, EAT, Eat Cake Today, Fruiti King, Galasys, Garant Group, LeRoy International, Loob Holding, Rhombus Connexion.

Netrove is a regional VC firm that supports the business by providing critical venture capital and corporate finance advisory services.

The VC firm focuses mainly on early and growth-stage capital investing, and complementing corporate finance advisory services that include strategic restructuring, fundraising, and corporate turnarounds.

Managed by a group of senior executives, the VC firm focuses on seeking and achieving excellence in whatever they commit to.

Learn more about Netrove ➜

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12. Captii Ventures

  • Location: Kuala Lumpur, Selangor, and Singapore
  • Industries: Technology and Innovation
  • Investment Range: Not disclosed
  • Stage: Stage Agnostic
  • Companies invested in: Telio, Momos, Althea, Curlec, Sorabel, Computer Guys, Muslim Pro, SendHelper, Uangteman, Alterra, Avana.

Captii Ventures is a VC firm investing in technology and innovation. The VC firm targets companies at different growth stages. The stage agnostic VC firm is always on the lookout for potential investment opportunities within the marketplace, media, and enterprise sectors.

Learn more about Captii Ventures ➜

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13. Frontier Digital Ventures

  • Location: Kuala Lumpur, Malaysia
  • Industries: E-commerce and online marketplaces.
  • Investment Range: Not disclosed
  • Stage: Stage Agnostic
  • Companies invested in: Zameen, Fincaraiz, InfoCasas, Hoppler, LankaPropertyWeb, Meqasa, Tayara, Yapo.cl, Avito.

Frontier Digital Venture is a VC firm investing in property, Automotive, and the general marketplace. The VC firm partners with the local operators who seek to build leading online marketplace businesses. They have a proven record of building successful online marketplace businesses in emerging markets.

Learn more about Frontier Digital Ventures ➜

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14. Cradle Fund

  • Location: Kuala Lumpur, Malaysia
  • Industries: E-commerce, Digital Marketplace, Mobile/Internet and Fintech.
  • Investment Range: Not disclosed
  • Stage: Early Stage
  • Companies invested in: Babydash, OrchidLife, Threeciety SDN, BHD, Abrand Food, Canlaw, Cheqqme.

Cradle Fund is a leading early-stage Vc firm targeting technology-focused companies. The VC firm works towards creating an ecosystem that supports a strong and innovative business-building environment. Since its inception, the Vc firm has supported over 1000 companies, providing monetary support and other value-added services to accelerate startups growth.

Learn more about Cradle Fund ➜

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15. MAVCAP

  • Location: Kuala Lumpur, Malaysia
  • Industries: Sector Agnostic
  • Investment Range: Not disclosed
  • Stage: Early Stage
  • Companies invested in: Unicorns, Stripe, GitLab, iPrice, EduAdvisor, Fave.

MAVCAP is a VC firm established under the Malaysian government policy and focuses on accelerating the technology ecosystem by providing funding to the unbankable market. The VC fund supports the development of the Malaysian ecosystem through a public-private partnership and investing in local techpreneur to make them reach the global scale.

Learn more about MAVCAP ➜

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16. Sun Sea Capital

  • Location: Selangor, Malaysia
  • Industries: Technology
  • Investment Range: Not disclosed
  • Stage: Seed Stage and Series A
  • Companies invested in: The Lorry, Intrepid, Wise AI.

Sun Sea Capital is a corporate venture formed established with the goal of bringing innovation and investing in technology startups. The VC firm looks for startups that have the potential for bringing synergistic value and ensuring digital transformation.

They focus on firms venturing into Fintech, health tech, edtech, eCommerce, and new retail sectors. The Vc firm invests in seed-stage and Series A companies.

Learn more about Sun Sea Capital ➜

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