Malaysia’s Cradle to launch $16.5m seed venture fund, target ‘fun businesses’

Malaysia’s Cradle to launch $16.5m seed venture fund, target ‘fun businesses’

Cradle Fund logo.

Malaysia’s Cradle Fund Sdn Bhd is set to establish a MYR60 million ($16.5 million) seed venture fund by May, unleashing a fresh wave of investments into startup ecosystem in the region.

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