Dana Penjana Nasional (Penjana Kapital)
Dana Penjana Nasional
Open continuously
No deadline — apply whenever you are ready.
A fund-of-funds matching government capital with private venture capital to invest into Malaysian startups. Startups access the capital indirectly by raising from a Penjana Kapital-backed fund manager rather than applying directly.
Penjana Kapital Sdn Bhd (Ministry of Finance Malaysia)
public · national
Deadline: rolling — Fund manager selection rounds are periodic; startups engage with the selected fund managers on those managers' own timelines.
This funder does not publish a success rate. We rank it using the rate observed across similar programmes and label it as an estimate rather than implying we know.
Major bid — written case, budget, possibly partners.
Who can apply
- Stage: seed, series_a, growth
- Locally registered entity required
Malaysian startups raising venture capital. Investment decisions are made by the private fund managers, not by Penjana Kapital.
How to apply
- Identify Penjana Kapital-backed fund managers from the Penjana Kapital website.
- Pitch directly to the relevant fund manager.
- Standard VC diligence and investment process.
What you will need
- Pitch deck
- Financial model
- Cap table
- SSM incorporation documents
Source. https://www.penjanakapital.com/ — checked 2026-08-14 · not human-checked
"Penjana Kapital manages Dana Penjana Nasional, a matching fund programme to catalyse venture capital investment in Malaysia."