Malaysia-owned VC firm to double investments to $1.4b

Malaysia-owned VC firm to double investments to $1.4b

Tech in Asia·2024-04-02 17:00

Mavcap CEO Shahril Anas Hasan Aziz / Photo credit: Mavcap

Malaysia Venture Capital Management (Mavcap) aims to increase its VC investments from US$758 million to US$1.4 billion.

With this, Mavcap said it aims to help boost its contribution to Malaysia’s GDP from 0.19% to 0.35%.

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