18 months later, Cradle Seed Ventures finally launches

Source from Digital News Asia

AFTER many months of planning, discussions and getting feedback from various stakeholders, the much-awaited Cradle Seed Ventures Pte Ltd has finally launched, incorporated in the offshore financial centre of Labuan.

Cradle Seed Ventures, the venture capital arm and wholly-owned unit of Cradle Fund Sdn Bhd, a non-profit under Malaysia’s Ministry of Finance, will manage the Cradle Seed Ventures Fund 1 (CSVF1).

CSVF1 aims to invest from RM1 million to RM3 million (US$272,000 to US$815,000) into promising and scalable Malaysian technology startups at…

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