MAVCAP Invests In Vynn Capital’s Mobility And Supply Chain Fund

Malaysia Venture Capital Management Berhad (MAVCAP), Malaysia’s largest venture capital firm, is investing as a limited partner in Vynn Capital’s latest Mobility and Supply Chain Fund. This collaboration underscores MAVCAP’s dedication to advancing technological frontiers in Malaysia and Southeast Asia.

MAVCAP’s decision to participate as an investor in Vynn Capital’s Mobility and Supply Chain Fund reflects its continuous commitment to back local fund managers to nurture pioneering startups in propelling technological advancements in Malaysia and across the region. The Mobility and Supply Chain Fund is one of the few industry focused funds in the region with a targeted fund size of USD 30 million. It aims to revolutionize Southeast Asia’s technology landscape by fostering innovation in mobility and supply chain solutions.

Vynn Capital, a Malaysian-homegrown venture capital firm, created this innovative fund to address the emerging challenges and opportunities in the region’s mobility and supply chain sectors. The Fund will invest in Southeast Asia focused early-stage startups that are raising Seed to Series A rounds.

“MAVCAP is thrilled to join forces with Vynn Capital in supporting the Mobility and Supply Chain Fund. This collaboration aligns with our mission to catalyze innovation and growth in Malaysia and across Southeast Asia,” said Shahril Anas bin Hasan Aziz, Chief Executive Officer of MAVCAP.

With experienced partners backing the fund, startups will be able to gain access to essential resources and expertise to drive groundbreaking solutions for the future of vehicle and transport infrastructure. The Mobility and Supply Chain Fund will also seek to address the current challenges of creating a more sustainable and greener environment by applying technological solutions. This would make Malaysia, a frontrunner in creating an ecosystem that encourages further innovation in the mobility industry. This also aims to foster increased regional collaboration by investing in companies that are strategically targeting the broader Southeast Asia market.

YAM Tunku Ali Redhauddin ibni Tuanku Muhriz, Partner at Vynn Capital commented, “We are honoured to have MAVCAP as an investor with us again. As one of the most experienced venture backers in the region, MAVCAP will continue to provide us access to institutional networks, allowing us to provide better support to our portfolio companies. This is especially important in the world of constantly changing market dynamics.”

Additionally, the Fund received support from Sime Darby Berhad, enabling more private partnerships and industry players to invest into technology companies which will invigorate the future of mobility across Southeast Asia.

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