MDV disburses RM40mil for tech startups, with more to come

KUALA LUMPUR: Malaysia Debt Venture Bhd (MDV) has disbursed RM40mil of its RM60mil funding target for this year, and plans to expand its financing services to support more Malaysian technology startups.

Chairman Khairul Azwan Harun said the funds had been disbursed through MDV’s Liquidity Financing for Tech Startups (Lifts) and the MDV Technology Venture Financing Microfund Guarantee Scheme.

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