Malaysian Pension Fund KWAP Launches $107 Million to Boost Malaysia’s Venture and Startup Ecosystem
Malaysia’s pension fund Kumpulan Wang Persaraan (Diperbadankan) [KWAP] has on Thursday announced the launch of Dana Perintis, aimed at injecting vitality into Malaysia’s venture and startup ecosystem.
With a commitment to invest up to MYR 500 million ($106.6 million) over the next 18 to 24 months, KWAP is set to empower early-stage companies, drive innovation, and support economic resilience, KWAP said in a statement.
Photo courtesy of John Ragai.
Source: Technode Global (link opens in a new window)
- Categories
- Investing
