Jelawang Capital
Directory: VC Companies in Malaysia
Overview
| Field | Details |
|---|---|
| Founded | 2022 |
| HQ | Kuala Lumpur, Malaysia |
| Type | Fund-of-Funds (National) |
| Parent | Khazanah Nasional (Dana Impak) |
| Mandate | Back credible VC fund managers, ignite Malaysian startup ecosystem |
Jelawang Capital is Malaysia's National Fund-of-Funds, operating under Khazanah Nasional's Dana Impak (Impact Fund) initiative. Rather than investing directly in startups, Jelawang allocates capital to qualified VC fund managers — both domestic and international — to catalyse private sector investment into Malaysia's startup ecosystem. The name "Jelawang" refers to a Malaysian hardwood tree, symbolising resilience and deep roots.
How It Works (Fund-of-Funds Model)
Khazanah / Dana Impak
↓
Jelawang Capital
↓
VC Fund Managers (e.g., local VCs, regional funds)
↓
Malaysian Startups
- Jelawang selects and backs VC fund managers with strong track records
- Target: attract international VCs to deploy capital in Malaysia
- Creates multiplier effect: RM1 from Jelawang catalyses RM3–5 from co-investors
- Fund managers supported by Jelawang must commit to Malaysian ecosystem outcomes
Investment Focus
Type
- Fund-of-Funds (no direct startup investments)
Target Fund Managers
- Early-stage Malaysian VCs seeking anchor LP
- International VCs wanting to enter Malaysia with local institutional backing
- Impact-aligned funds (social, environmental, economic)
Sectors (via portfolio funds)
- All tech sectors — determined by underlying fund mandates
- Special focus on: AI, sustainability, healthcare, fintech
Geography
- Fund managers may be cross-border, but must deploy meaningfully in Malaysia
Strategic Importance
- Acts as an anchor LP — gives credibility to new fund managers raising first/second funds
- Brings international VC expertise and networks into Malaysian ecosystem
- Reduces LP concentration risk for domestic VCs
- Part of Khazanah's broader mission to develop Malaysia's knowledge economy
Team & Leadership
| Name | Role |
|---|---|
| Management Team | Available at jelawangcapital.com |
Contact & Links
| Channel | Details |
|---|---|
| Website | jelawangcapital.com |
| info@jelawangcapital.com | |
| Parent | Khazanah Nasional |
| Jelawang Capital |
How to Engage
- If you are a VC fund manager: Submit fund strategy, track record, and Malaysian deployment plan to info@jelawangcapital.com
- If you are a startup: Engage the VC funds backed by Jelawang — not Jelawang directly
- If you are an LP: Jelawang is government-backed; private LP co-investment may be possible via Dana Impak framework
Notes & Recent News
- Launched as part of Malaysia's push to deepen domestic VC infrastructure (2022–2025)
- Khazanah Dana Impak targets impact investments with measurable social/economic returns
- Critical missing piece in Malaysia's ecosystem — creating institutional LP base for VCs
- Watch for announcements of backed fund managers on jelawangcapital.com
Last updated: 2026-05-06