Digital News Asia (DNA) continues a weekly series that profiles the top 50 influencers, movers and shakers who are helping shape Malaysia’s Digital Economy. These articles are from Digerati50, a special print publication released in January 2014. For information on customised reprints of Digertai50, email [email protected]
Much said about funding gap, but it’s really growth stage funding that is lacking A void Mavcap and Silicon Valley’s Elixir Capital Management hope to fill
The 8th Annual Malaysian Venture Capital and Private Equity Association Dinner recognised some of its outstanding investee companies and Supportive Industry and GLC Partners.
Talks are in an advanced stage with three parties, local and foreign, which will each invest matching funds of up to US$25 million into any of four local venture capital (VC) companies that Mavcap is planning to spin off by January, 2014.
Echelon Malaysia Satellite was a success, with a packed room listening to 15 start-ups pitching to earn a ticket to the main event in Singapore in June.
While it’s great to see Echelon back in Malaysia for a second time, it raises questions of how well the Malaysian start-up scene is projecting itself regionally, A. Asohan writes.
The start-up space is recognized as amongst the most vibrant sectors in the country’s technology ecosystem, yet it is still very hard for entrepreneurs to raise money in Malaysia, panelists at the DNA-TeAM Disrupt session said.
Funding from both public and private money helps fire up entrepreneurs with big dreams, writes DNA founder and CEO Karamjit Singh.
Next week’s Disrupt on Wed the 20th at Plug and Play Technologies Sdn Bhd, 7th Floor South Tower, Gardens, is all about the money. Who is giving it out, and what the funders like in the ideas and the entrepreneurs.
iGene CEO Matt Chandran was doing well providing consultancy and selling a bioinformatics software solution to clients when it hit him that clients 'did not have the will to tap the power of our software to its maximum potential.' That led to his company building on it to deliver its own service.