KUALA LUMPUR: Cradle Fund Sdn Bhd's (Cradle) subsidiary Cradle Seed Ventures Pte Ltd (CSV) aims to raise its Cradle Seed Ventures Fund 1 (CSVF-1) fund size to RM100 million through contributions from private sector investors within the next 12 months.
CSV Chief Executive Officer Aziz Hussein said the CSVF-1 targets to invest between RM1 million and RM3 million into promising and scalable Malaysian technology start-ups at three stages -- Pre-Series A, Series A and Series B.
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