Malaysian government fund Khazanah invests $22m in US tech startup Phunware

Visual from company website

Malaysia’s sovereign fund Khazanah Nasional Berhad led the second tranche of $50 million Series F in US-based tech startup Phunware

The Malaysia government fund invested $22 million as part of this round in the Austin, Texas-based multiscreen platform provider, and this takes the total funding the company has raised since its 2009 inception to $90m.

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