CRADLE AND VENTURETECH PARTNER TO BRIDGE FUNDING GAPS IN MALAYSIAN STARTUP ECOSYSTEM

Cradle Fund Sdn Bhd (Cradle), the focal point agency for Malaysia’s startup ecosystem, and VentureTECH Sdn Bhd (VentureTECH), an impact investment company established by the Government of Malaysia, have entered into a strategic collaboration aimed at fostering structured discussions between fund providers across Government and private sectors.

This partnership is a key initiative under the Ministry of Science, Technology and Innovation’s (MOSTI) Fund Funnel programme, designed to address one of the critical challenges identified in the Malaysian startup ecosystem, which is lack of continuous financial coverage from early-stage to later-stage funders. This gap has been recognised as a significant barrier to growth, as highlighted in the Malaysia Startup Ecosystem Roadmap (SUPER) 2021-2030.

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