JAKARTA: (THURSDAY) (11 November 2021) – Penjana Kapital Sdn Bhd (Penjana Kapital), which was incorporated in 2020 as part of the government’s initiative to catalyse the development of innovative start-up companies, has entered into an agreement with AC Ventures, a leading Indonesian venture capital (VC) investment firm focusing on Southeast Asia. AC Ventures is one of the eight (8) VC fund managers selected as part of the Dana Penjana Nasional, a programme that is administered by Penjana Kapital.
KUALA LUMPUR: (WEDNESDAY) (9 June 2021) – Penjana Kapital Sdn Bhd (“Penjana Kapital”) the company set up to operationalise the Dana Penjana Nasional (“DPN”), is pleased to announce that the DPN programme has successfully raised RM850 million for its first close1 at end-May 2021.
(MONDAY, 14 December 2020) – Penjana Kapital Sdn Bhd (Penjana Kapital) is pleased to announce that it has attracted eight (8) venture capital (VC) fund managers from the USA, Korea, China, Indonesia and Singapore to invest in Malaysian start-ups as part of the RM1.2 billion Dana Penjana Nasional programme. A brief Letter of Award ceremony, graced by the Minister of Finance Malaysia, YB Senator Tengku Dato’ Sri Zafrul Tengku Abdul Aziz, was held today to commemorate the occasion.
KUALA LUMPUR: (Friday) (11 September 2020) – Penjana Kapital Sdn Bhd (Penjana Kapital) is pleased to announce that it is commencing the Request for Proposal (RFP) process for the Dana Penjana Nasional fund of funds program, to select venture capital fund managers.