Institutional Investment

MalaysiaStartupsVenture Capital
October 31, 2023

Malaysia’s KWAP aims to boost domestic VC activity with new fund

The recent announcement by the Malaysian pension fund Kumpulan Wang Persaraan Diperbadankan (KWAP) that they will invest 500 million ringgit ($107 million) in early-stage regional startups has turned heads for not only the timing, but the promise that a significant amount of the capital will back domestic Malaysian startups—a promise that founders in the country have heard before. Continue reading...