Venture capital firms (VC) are vital in driving innovation, providing financial support, and fostering the growth of the startup ecosystem in Malaysia.
In this article, we will delve into the top 9 most active venture capital firms in Malaysia, highlighting their investment focus, history, and fund size.
Whether you are an early-stage startup or currently in the growth stage, one of these may be the right investor for your business. The VCs listed here cover almost every sector.
1337 Ventures
1337 Ventures is a leading early-stage venture capital firm specializing in pre-seed and seed-stage investments in Malaysia and Southeast Asia.
Founded in 2012, they launched Malaysia’s first accelerator program, accelerating the growth of over 3,500 startups across five countries. Recently, they introduced a new pre-seed fund for early-stage startups, offering investments ranging from RM 150k to RM 500k.
1337 Ventures champions bold founders who challenge industry norms to create the extraordinary. Their team collaborates closely with founders, providing support in strategy, talent acquisition, and securing subsequent funding rounds.
Stages: early to seed stage
Key investment sectors: focus on investing in technology solutions – healthtech, deeptech, fintech, traveltech (social enterprises, commerce and other out-of-the-box solutions are also welcome!)
Notable portfolios: ParkEasy, Senang Insurance, Pod, ArusOil, QMED Asia, Vircle.
Gobi Partners
Gobi Partners is a leading Asia-focused venture capital firm with US$1.6 billion in assets under management (AUM), headquartered in Kuala Lumpur and Hong Kong.
Gobi’s core mission includes empowering underserved entrepreneurs, promoting gender equality and circular economy initiatives, driving innovation in new markets and technologies, and nurturing entrepreneurial ecosystems.
Stages: early to growth stages, with a particular focus on emerging markets.
Key investment sectors: sector agnostic; from AI and agritech, to supply chain and logistics.
Notable portfolios: Carsome, Aerodyne and Durioo+.
500 Global, Southeast Asia
500 Global is a multi-stage venture capital firm with $2.4B in assets under management that invests in founders building fast-growing technology companies.
500 Global’s Southeast Asia funds have backed over 300+ companies, They are actively growing to serve more founders, as well as connect startups with capital, expertise, and global networks to help them succeed
Stages: Multi-stage
Key investment sectors: focus on investing in businesses and AI-enabled technologies that advance rural digitalization, sustainable cities, human and machine productivity, healthcare, food security, and financial inclusivity.
Notable portfolios: Grab, Bukalapak, Carousell, Carsome, FinAccel, and eFishery.
RHL Ventures
RHL Ventures is a private investment firm founded in 2015. With extensive experience and a vast network, RHL Ventures provides a unique combination of financial backing, strategic guidance, and operational expertise to unlock the full potential of our portfolio companies.
Stages: Multi-stage
Key investment sectors: sector agnostic, from education, and e-commerce to education.
Notable portfolios: Atap, Signature Market, Flower Chimp, Funding Societies and Pomelo.
The Hive Southeast Asia
The Hive Southeast Asia is a partnership between The Hive (USA), Tuas Capital Partners, Sunway Group, and Penjana Kapital to co-create, fund, and launch startups in Malaysia and/ or Southeast Asia based on specific themes focused on applications and use cases in functional areas of enterprises.
Stages: early-stage
Key investment sectors: agritech, edutech, fintech, greentech, healthtech, and smart governance spaces.
Notable portfolio: Pod, Senang, iMotorbike, CultCreative, ejen2u, and EduPrize.
Vynn Capital
Vynn Capital is an early stage venture capital firm founded with the objective of bridging the gap between traditional industries and the new economies through the development of technology. The investment philosophy revolves around creating synergistic value between partners and companies supported by Vynn.
Stages: early-stage to seed stage.
Key investment sectors: supply chain and mobility industries, including but not limited to logistics, travel, and FMCG.
Notable portfolio: Carsome, Dropee, Ouch, Pomona, Travelio.com and .Velotrade.
Sun Sea Capital
Sun SEA Capital is the Corporate Venture Capital (CVC) arm of Sunway Group. The firm was established with a goal of bringing innovation to the Sunway Group by investing in regional tech startups Southeast Asia, Hong Kong and Taiwan.
Stages: Seed to Growth Stages
Key investment sectors: Technology, Healthcare, Education, Real Estate, Retail
Notable portfolio: WISE AI, Intrepid Ecommerce Services, and TheLorry
OSK Ventures
OSK Ventures International (OSKVI) is a venture capital and private equity firm based in Malaysia. It focuses on investing in high-growth and innovative companies in various sectors, aiming to support and accelerate their development.
Stages: Early Stage to Growth Stage
Key Investment Sectors: Fintech, Healthcare, ESG, Enterprise tech and technologies like decentralised finance, smart contracts, software providers to digital asset exchanges
Notable Portfolio: CareConcierge, FastCo, Doctor Anywhere, Kakitangan.com, NewsWave
Kumpulan Modal Perdana
Kumpulan Modal Perdana (KMP) is a Malaysian government-linked venture capital firm that aims to nurture and develop high-potential tech startups. It focuses on fostering innovation and technological advancement in strategic sectors within Malaysia and the region.
Stages: Early Stage to pre-IPO
Key Investment Sectors: Investing in high-impact deep technology companies via influential minority position with a view of delivering optimal return to stakeholders
Notable Portfolio: Evlos, Virlce, ParkEasy and SmartRetail
Are you an early-stage startup looking to scale in 2024?
Malaysia’s startup scene continues to boom, with investment opportunities like never before. Your fundraising journey is more than just securing capital; it is also about finding partners and mentors who believe in your vision and can provide the right support you need to succeed.
If you are a Malaysian or Southeast Asian startup looking for funding or access to a unique network of experts and mentors, book a slot on Pitch Tuesday: https://1337.ventures/pitch-tuesday/