Malaysia: Cradle Fund aims to hit $51m for co-investment fund, 9 deals in making

Cradle Fund COO Razif Abdul Aziz and CEO Nazrin Hassan speaking to reporters during the Penang roadshow.

Malaysian early-stage tech startup influencer Cradle Fund Sdn Bhd targets to raise the funds of its equity co-investment partnership programme to MYR200 million ($50.92 million) this year, with 10 more co-investment partners to come on board.

The fund size currently stands at MYR158.4 million, raised together with 20 co-investment partners since the last quarter of 2014.

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