Malaysia Venture Capital Management Berhad (MAVCAP), Malaysia’s largest Venture Capital fund has invested as a limited partner in Vynn Capital’s latest Mobility and Supply Chain Fund.The Mobility and Supply Chain Fund seeks to advance the mobility and supply chain industry’s technological landscape in Southeast Asia.
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Additionally, the Fund is fostering more industry participants to participate in technology startups and expanding private collaborations, which will improve Southeast Asia’s mobility in the future.
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Founded in 2018, Vynn Capital is Southeast Asia based an early stage venture capital firm, founded with the objective of bridging the gap between traditional industries and the new economies through the development of technology.
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YAM Tunku Ali Redhauddin ibni Tuanku Muhriz, Partner at Vynn Capital, commented, “As one of the most experienced venture backers in the region, MAVCAP will continue to provide us access to institutional networks, allowing us to provide better support to our portfolio companies. This is especially important in the world of constantly changing market dynamics.”
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“This collaboration aligns with our mission to catalyse innovation and growth in Malaysia and across Southeast Asia,” said Shahril Anas bin Hasan Aziz, Chief Executive Officer of MAVCAP.
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About MAVCAP
MAVCAP is Malaysia’s largest Venture Capital fund. Set up in 2001 to help nurture infant ICT companies in the ASEAN region into thriving businesses. MAVCAP invests directly or through its partner funds Gobi Partners, Elixir Capital Management , Intres Capital Partners, 500 Durians, SuperSeed. The funds focus on early to later stage financing for innovation and technology-related growth stage companies in Malaysia and the South-East Asian region.
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