StartupsTech in Asiaabout 2 hours ago
Malaysian VC Cypress Asia Launches $12.2m Fund
2 min read
Malaysian-listed automotive parts maker New Hoong Fatt Holdings commits up to 20 million ringgit ($4.9 million) as anchor investor in Cypress Asia's debut venture fund. The $12.2 million fund targets profitable Malaysian tech startups at pre-Series A and Series A stages, with initial investments of 1-3 million ringgit each in five to seven companies.
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