Kairous Capital wants to bring Chinese tech startups to SEA via Malaysia, plans RMB fund

Yangzhou, China. Photo: Getty Images via DealStreetAsia

As COVID-19 pounded businesses across the globe this year, Malaysian private equity and venture capital firm Kairous Capital’s fundraising and expansion plans were derailed.

When the pandemic struck, Kairous was in the throes of raising its $100 million second fund. The fund, whose closing was originally planned for the first quarter of the year, not only missed its deadline but is also likely to be downsized to $50 million.

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