Khazanah is also launching a programme in November open to local general partners, with a focus on venture capital fund managers raising their first, second or third fund.
The programme will be funded by a Khazanah’s fund-of-funds that invest in start-ups, according to the statement.
Both programmes mark the latest in the country’s push to transform the local start-up ecosystem to be among the top 20 hubs globally.
Khazanah acquired two state-backed venture capitals in July to create the national fund-of-funds, which has an initial allocation of 1 billion ringgit ($304 million).
