With its latest investment into Singapore’s Garena, the Malaysian Government’s VC arm Khazanah Nasional is making bets on late stage startups, writes Karamjit Singh.
In the event of nuclear economic armageddon, unicorns might just return to being endangered species once more, and the only things left will be cockroaches and early-stage startups, writes Justin Hall.
After many months of planning, discussions and getting feedback from various stakeholders, the much-awaited Cradle Seed Ventures Pte Ltd has finally launched, with RM40mil in its coffers and 30 to 40 startups in its sights.
The funding floodgates haven’t opened for the Malaysian startup ecosystem and we haven’t seen the ‘silly deals’ we expected, writes DNA executive editor A. Asohan, who believes it’s time for the corporate world to step up.
By following early-stage investors and writing small cheques, late-stage investors not only get a better appreciation of what’s happening on the ground, but they have immediate access to these companies if and when they raise those large US$5mil cheques, writes Justin Hall.
Catcha Group has announced the formal launch of Catcha Ventures, a division focused on minority investments in high-growth new media, technology and mobile companies in South-East Asia.
Singapore-based serial entrepreneur John Fearon has vacated his post at the accelerator and investments holding company he founded, Gilcrux Holdings, to focus on his new incubator JF2, handing over the Gilcrux Holdings CEO reins to current COO John Sharp.
Joyful Frog Digital Incubator (JFDI) Asia recently presented its first-in-2014 cohort of 12 teams under its JFDI Accelerate Programme to a strong showing of 150 local and global investors active in Singapore.
Cradle, a non-profit under Malaysia’s Ministry of Finance, has joined forces with Singapore-based seed fund provider Golden Gate Ventures to co-invest in Malaysian early-stage technology companies.