Top 6 Venture Capital Firms in Malaysia in 2024

The venture capital ecosystem in Malaysia has undergone major growth over the last decade.

In this article, you will find some of the top venture capital firms in Malaysia investing across various sectors and industries.

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6 Venture Capital Firms in Malaysia

1) 500 Startups

500 Global is a globally renowned venture capital firm investing in early-stage tech companies.

Details of the VC firm:

• Country: USA, India, United Kingdom, Brazil, France, Hong Kong, Singapore, United Arab Emirates, Azerbaijan, Egypt, Bahrain, Saudi Arabia, Thailand, China, Malaysia, Cambodia, South Korea, Taiwan
• City: San Francisco, Austin, Las Vegas, Mexico City, Miami, New York, São Paulo, Washington, Abu Dhabi, Baku, Cairo, Dubai, Manama, Riyadh, Bangalore, Bangkok, Hangzhou, Ho Chi Minh City, Jaipur, Kuala Lumpur, Nagoya, Phnom Penh, Seoul, Shanghai, Taipei, Tokyo
• Started in: 2010
• Founders: Christine Tsai, Dave Mcclure
• Industries: SaaS, Media, E-Commerce, Consumer, Healthcare, Proptech & Real Estate, Hardware & Industrials, Education, Devops, Fintech, Crypto & Blockchain
• Stages: Early Stage, Seed
• Minimum check size: $50,000
• Maximum check size: $250,000
• Number of investments: 2600
• Number of exits: 339
• Funds raised: $67,000,000,000
• 3 remarkable investments: Canva, Solana, Reddit

You can find their website here.

You can send them an email at info@500startups.com.

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2) Gobi Partners

Gobi Partners is an Asian venture capital firm backing entrepreneurs from early to growth stages since 2002.

Details of the VC firm:

• Country: Malaysia, Hong Kong, Thailand, China, Indonesia, Pakistan, Philippines, Singapore
• City: Kuala Lumpur, Hong Kong, Bangkok, Beijing, Ho Chi Minh City, Jakarta, Lahore, Manila, Shanghai, Singapore
• Started in: 2002
• Founders: Thomas Tsao
• Industries: AI & ML, Biotech, Crypto & Blockchain, E-Commerce, Education, Food & Beverage, Hardware, Healthcare, Supply Chain & Logistics, Marketplace, Media, SaaS, Transportation, AR & VR, Agriculture, Automative, Sports, Fintech
• Stages: Seed, Early Stage, Series A
• Minimum check size: $1,600,000
• Number of investments: 183
• Number of exits: 12
• Funds raised: $430,500,000
• 3 remarkable investments: Animoca Brands, Liveme, Tuniu

You can find their website here.

You can send them an email at mail@gobi.vc.

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3) Quest Ventures

Quest Ventures is an Asian venture capital firm since 2011.

Details of the VC firm:

• Country: China, Malaysia, Indonesia, Vietnam, Kazakhstan, Singapore, Philippines, USA, South Korea, Thailand
• City: Jakarta, Singapore, Ho Chi Minh City, Kuala Lumpur, Manila, San Francisco, Nur-Sultan, Seoul, Bangkok, Almaty, Beijing, Shanghai
• Started in: 2011
• Founders: James Tan
• Industries: AI & ML, E-Commerce, Marketplace, Entertainment, Fintech, Food & Beverage, InsurTech, Supply Chain & Logistics, Media, Proptech & Real Estate, Sports
• Stages: Early Stage
• Number of investments: 152
• Number of exits: 30
• Funds raised: $120,000,000
• 3 remarkable investments: 99.co, Carousell, Carro

You can find their website here.

You can send them an email at info@questventures.com.

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4) Cradle Fund

Cradle provides early-stage funding and programmes to support founders building businesses.

Details of the VC firm:

• Country: Malaysia
• City: Kuala Lumpur
• Started in: 2003
• Founders: Norman Matthieu Vanhaecke, Juliana Jan, Ahmad Kashfi, Eliza Elias, Harmender Singh
• Industries: Fintech, IoT, Internet & Mobile, Supply Chain & Logistics, Media, Automation, Cybersecurity, Travel & Hospitality, Future of Work, SaaS
• Stages: Early Stage
• Minimum check size: RM 100,000
• Maximum check size: RM 1,000,000
• Number of investments: 36
• Number of exits: 2
• 3 remarkable investments: Kumoten, Pandai, Cidekick

You can find their website here.

You can send them an email at enquiries@cradle.com.my.

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5) NEXEA Venture Capital

Nexea Angels is a venture capital and startup accelerator backing Southeast Asian entrepreneurs.

Details of the VC firm:

• Country: Malaysia
• City: Kuala Lumpur
• Started in: 2015
• Founders: Ben Lim, Noomi Fessler
• Industries: Travel & Hospitality, Marketplace, E-Commerce, Education, Big Data & Analytics, IoT, Fintech, SaaS
• Stages: Seed, Early Stage
• Minimum check size: RM 50,000
• Maximum check size: RM 1,000,000
• Number of investments: 35
• Number of exits: 1
• 3 remarkable investments: Hauz, Plush Services, Lokein

You can find their website here.

You can send them an email at analyst@nexea.co.

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6) Acadian Ventures

Acadian Ventures are backing bold founders reimagining the future of work across North America and Germany.

Details of the VC firm:

• Country: USA, Canada, Mexico, Israel, France, Germany, United Kingdom, Belgium, Ireland, Malaysia
• City: Los Angeles, Toronto, Boise, San Jose, San Francisco, Salt Lake City, Mexico City, Tel Aviv-Yafo, Paris, Marseille, Berlin, London, Dublin, Kuala Lumpur, New York, Gent
• Started in: 2019
• Founders: Jason Corsello
• Industries: SaaS, Productivity, Health & Wellness, Future of Work, Human Resources
• Stages: Early Stage
• Minimum check size: €250,000
• Maximum check size: €500,000
• Number of investments: 12
• Number of exits: 1
• 3 remarkable investments: Mighty Labs, Fifty.Do, Utmost, Arist, Oyster

You can find their website here.

You can send them an email at hello@acadianventures.com.

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