Cradle Seed Ventures picks Mavcap executive, Dzuleira Abu Bakar as its new CEO, replacing Aziz Hussein.
Singapore makes clear the importance of technology and innovation in its Budget 2016, while SEA startups receive a US$15mil boost from the SuperSeed Fund.
Mavcap and Gobi Partners launched their US$15mil Gobi Mavcap Asean SuperSeed Fund, and they are already contemplating increasing the size of the fund.
Indonesia and Malaysia have agreed to work together to develop both countries’ digital economy and startup ecosystem.
Malaysian bioinformatics company iGene Sdn Bhd said it has signed a memorandum of collaboration with GCS Agile Australia to establish a network of digital autopsy facilities in Australia.
The Malaysian Government’s VC arm Mavcap may see its allocation for investments reduced by as much as half, said its CEO.
2015 was a year of progress for the Malaysian tech ecosystem, especially when it came to startups, but whether the good news outweighed the bad is debatable, according to the panellists at the first Digital News Asia (DNA) Disrupt monthly networking event of 2016.
ADIF, the largest corporate VC fund in Malaysia, has announced its first batch of investments, pumping US$2.9mil into six Malaysian startups.
The Malaysian Government’s venture capital arm Malaysia Venture Capital Management Bhd (Mavcap) has invested RM2.95 million (US$690,000 at current rates) in social crowdfunding platform SimplyGiving.com.
MyEG, after behaving like a VC, will now revert to behaving like a typical corporate investor. Will this approach yield it better results? Karamjit Singh ponders.