Japan’s SBI launches $18m PE fund with Malaysia’s VentureTECH

Japan’s SBI launches $18m PE fund with Malaysia’s VentureTECH

Kuala Lumpur, Malaysia. Photo by Kah Hay Chee on Unsplash

SBI Ventures Malaysia, a unit of Japanese financial group SBI Holdings, has partnered with Malaysia’s state-linked strategic investment firm VentureTECH to launch a 75-million ringgit ($18 million) private equity co-investment fund.

The fund will invest in growth-stage local technology companies in the high value-add and emerging industry market segments, according to the announcement.

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