Cradle Fund has facilitated MYR 5.5 million ($1.3 million) in investments through its MYStartup Accelerator, supporting over 50 startups alongside angel investors NEXEA.
PRIVATEJul 03, 2025
Amount Raised
RM1.3 Million
Round Type
Seed
Kuala LumpurFinancial Services
Investors
Nexea
Description
Cradle Fund, a Malaysian government-backed early-stage startup enabler, announced the support of over 50 startups through its MYStartup Accelerator programme, which has facilitated almost MYR 5.5 million ($1.3 million) in investments. The programme, run in partnership with NEXEA, provides investment-readiness workshops and expert mentorship. They've completed five successful cohorts, gaining insights into the challenges faced by Malaysian startups. This initiative aims to enhance future accelerator programmes based on feedback and learnings.
Who else raised in Financial Services around the same time
Companies in the same sectors as Cradle Fund that raised within 45 days of this round, from Fundz verified event records.
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Company Information
Company
Cradle Fund
Location
Kuala Lumpur, Kuala Lumpur, Malaysia
About
Cradle Fund Sdn. Bhd. (Cradle) is Malaysia’s early stage start-up influencer, incorporated under the Ministry of Finance Malaysia (MOF) in 2003 with a mandate to fund potential and high-calibre tech start-ups through the Cradle CIP Grant Programme.
Cradle is presently administered by Ministry of Science, Technology and Innovation (MOSTI).
Throughout its history, Cradle has helped fund over 1000 Malaysian tech start-ups & holds the highest commercialisation rate amongst government grants in the country.
Cradle also expanded its role in establishing equity investment programmes. This equity investment was implemented through the establishment of a venture capital fund, Cradle Seed Ventures in 2015. Additionally, Cradle also offered a co-investment program in the same year and directly (DEQ800) in 2017.
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