Fundz
Funding, M&A, exec moves and hiring — matched to your market, with the people to call.See plans →

VentureTECH invests US$6.85 million into three Bumiputera tech companies to advance innovation. The investment supports Move Robotic, Recove Group, and Edote in enhancing Malaysia's technological capabilities.

PRIVATEAug 13, 2026•about 3 hours ago

Amount Raised

$6.85 Million

Round Type

Venture - Series Unknown

PutrajayaGovernment

Investors

Venture Tech

Description

VentureTECH Sdn. Bhd. announced strategic investments of US$6.85 million into Move Robotic, Recove Group, and Edote during an investment signing ceremony. These companies are focused on industrial automation, digital inclusion, and healthcare innovation

Company Information

Company

Move Robotic

Location

Putrajaya, Malaysia

About

VentureTECH Sdn. Bhd. is a government-backed wholly owned investment company of the Malaysian Industry-Government Group for High Technology (MIGHT). It focuses on investing in high-growth, high-value companies that drive innovation in industrial automation, digital inclusion, and healthcare. The company aims to strengthen Malaysia's technological capabilities and economic resilience through strategic investments. VentureTECH supports its investee companies not just financially but also in enhancing their market opportunities and scaling sustainably.

Don't miss Move Robotic's next move

Get an email the moment Move Robotic raises, hires an exec, or expands — usually minutes after it happens.

One email per event. Unsubscribe anytime.

Predictive Intelligence
Strategic

ML-powered predictions for Move Robotic's next move

Learn about Strategic plan

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.