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Community

Financial boost for tech startups

CRADLE FUND Sdn Bhd (Cradle), has joined forces with four more co-investment partners following its first co-investment partnership with Singapore-based seed-funding provider, Golden Gate Ventures Pte Ltd (GGV) last June.

Business

MY EG, Cradle Fund plan RM60m Cradle Seed Ventures fund

KUALA LUMPUR: Cradle Fund Sdn Bhd is teaming up with MY E.G. Services Bhd to invest in a fund to provide venture capital to early stage start-ups.

Business

Cradle startups contributed RM3.4bil to the economy

KUALA LUMPUR: Cradle Fund Sdn Bhd’s (Cradle) Cradle Investment Programme (CIP) has contributed RM3.4bil to Malaysia's GDP, created 80,600 full-time jobs and attracted RM1.3bil in private and foreign funds.

Nation

Stunning plot twists to CEO’s death

SHAH ALAM: The plot has thickened as the police step up investigations into the death of Cradle Fund Sdn Bhd chief executive officer Nazrin Hassan.

Business

Cradle Fund aims to grant 30 firms CIP 500 fund

KUALA LUMPUR: Cradle Fund Sdn Bhd, manager of CIP 500, Malaysia#8217;s pure technology commercialisation fund, is seeking applications to achieve its target to grant CIP 500 fund to 30 companies by year-end.

Business

Cradle to fund up to 15 mobile content developers

KUALA LUMPUR: Pre-seed and development fund provider Cradle Fund Sdn Bhd expects to fund 10 to 15 mobile content and application developers annually through its partnership with mobile learning specialist LTT Global Communications Sdn Bhd.

Business

Cradle, MyEG set up RM60mil fund to provide venture capital

KUALA LUMPUR: Cradle Fund Sdn Bhd, an agency under the Finance Ministry, has teamed up with MyEG Services Bhd to invest in a RM60mil fund to provide venture capital to early stage start-ups.

TECH

More funds to benefit local technopreneurs

Local technopreneurs are looking forward to the recently announced RM60mil venture capital fund known as Cradle Seed Ventures Fund 1 (CF1), which represents a public-private sector partnership between Cradle Fund Sdn Bhd (Cradle), a non-profit agency under the Ministry of Finance, and MSC status e-government services provider, MyEG Services Bhd (MyEG).

Business

Cradle to use 70% of fund for start-up firms

KUALA LUMPUR: Cradle Fund Sdn Bhd, which had raised RM107mil in seed capital fundings, plans to use 70% of the money it manages to take up equity stakes in promising start-up firms.

Business

Finance Ministry agency Cradle Fund to gradually move into co-investing model

PETALING JAYA: Cradle Fund Sdn Bhd, an agency under the Finance Ministry, will gradually move into the co-investing model from a pure grant-model.