Press

9
Oct

Khazanah boost for entrepreneurial talent in Malaysia

IN THE latest boost to national efforts to inculcate a strong sense risk taking, of self-confidence and self-reliance, second Finance Minister Johari Abdul Ghani launched the Khazanah Nasional Entrepreneurship Outreach (KNEO) programme at the closing of the Khazanah Megatrends Forum 2017 yesterday. KNEO is an initiative by Khazanah Nasional Bhd (Khazanah), the national sovereign fund, to help unearth entrepreneurial talent

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14
Apr

Malaysian accelerator 1337 Ventures enters Vietnam: report

Malaysia’s technology accelerator and early stage investor 1337 Ventures has brought its pre-accelerator program Alpha Startups to Vietnam as part of its ongoing expansion in Southeast Asia, news website Deal Street Asia reported on Wednesday. According to the initial plans, three local startups will be recruited through the program to receive financial and technical support from 1337 Ventures and its partners.

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13
Apr

1337 Ventures marks entry into Vietnam with Alpha Startups Vietnam 2016

Malaysia-based accelerator and early-stage investor 1337 Ventures has announced its entry into the Vietnam market with the launch of Alpha Startups Vietnam 2016. It is part of a strategic partnership between co-working space Dreamplex and the Mekong Business Initiative. Through this arrangement, Dreamplex aims to ramp up expansion into an accelerator model via its new division Dream Labs. The Mekong Business

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11
Apr

1337 Ventures-backed accelerator to invest in 3 Indonesian startups

Alpha Startups Indonesia, unit of Malaysia’s 1337 Ventures, a Southeast Asian accelerator and early-stage investor, has announced selection of three startups, which will undergo its three-month accelerator program. This marks Malaysia-headquartered 1337 Ventures’ official entry into its fourth Southeast Asian market, in Indonesia. The firm has invested pre-seed money in 23 startups in Malaysia and has expanded its pre-seed portfolio to three other startups in

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7
Mar

In the trenches with the D50: Startups are not one-man shows

THE picture of an entrepreneur standing bravely by himself, beating the odds to create a business and make a difference: That’s not the real world, according to entrepreneurs themselves. It’s not a one-man (or one-woman) show, it’s a team effort, said panellists at a discussion organised by the Malaysia Youth Entrepreneur Challenge Camp at the University of Nottingham in Semenyih

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1
Mar

Cradle Fund adds six investment partners to its stable; will bring US$12.4M to Malaysian startups

Malaysia-based Cradle Fund, a not-for-profit early-stage ecosystem influencer and agency under the country’s Ministry of Finance, has announced the addition of six co-equity investment partners.

29
Feb

Cradle Secures Six New Co-Investment Partners, Raises RM52 Million in Funding

After it signed on a long-time market cohort of sorts – VLT Labs – as partner of sorts for its accelerator and growth space, Cradle has stepped its game by signing on six new co-investment partners. These new collaborators bring to the table a combined value of RM26 million in funds.

29
Feb

Cradle Fund raises another RM52m for co-investment fund

Cradle Fund Sdn Bhd has raised another RM52 million for its co-investment fund through the inclusion of six new partners in its equity co-investment circle.

25
Feb

Malaysia and Indonesia in startup ecosystem partnership

INDONESIA and Malaysia will work together to develop both countries’ digital economy and startup ecosystem. The two Muslim-majority nations will leverage on each other’s strengths – Indonesia’s huge market potential and Malaysia’s digital transformation experience and capital – to attract more investments into their startup ecosystems.

24
Feb

1337 Ventures and partners launch Alpha Startups bootcamp in Indonesia

KUALA Lumpur-based accelerator and early-stage investor 1337 Ventures has announced a partnership with Convergence Ventures, Baidu Indonesia and Gobi Partners to bring its Alpha Startups bootcamp to Indonesia. The five-day Alpha Startups Indonesia bootcamp will have two batches this year. The first will be held in Jakarta on March 28, with applications starting from Feb 23, while the second batch

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