Malaysia: Cradle Seed Ventures' debut deal in Involve Asia, 500 Startups too invests

Cradle Seed Ventures announcing its maiden investment. From left: Involve Asia CEO Jimmy How, CSV CEO Aziz Hussein and Involve Asia COO Sabina Chang.

Cradle Seed Ventures (CSV) has locked in its first investment deal – a single-digit million-dollar Series A co-investment with 500 Startups in e-commerce marketing platform Involve Asia Technologies.

This is the first investment announcement by CSV, which launched its Fund I in June 2015. The current fund size is MYR40 million ($9.35 million), with a hard cap of MYR100 million ($23.38 million).

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