Startupse27about 1 hour ago
Malaysia Announces US$110M Startup Fund
10 min read
On 9 October, Prime Minister Anwar Ibrahim announced a US$110 million commitment via Jelawang Capital and Dana Perintis to invest in Malaysian startups. Investors warn the state must solve the matching capital problem, noting Khazanah previously drew only 48 sen of external capital per ringgit invested. The plan aims to catalyze a self-sustaining ecosystem by 2027.
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