# KWAP

> KWAP is a VC fund in Sepang backing Financial Services and Finance. See 12 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Sepang, Malaysia
- Total investments: 12
- Last investment: May 2026
- Lead investor: 33%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/kumpulan-wang-persaraan-diperbadankan-
- Website: https://www.kwap.gov.my

KWAP is an investment and pension services provider.

## Contacts

5 contacts available for KWAP. Shizune tracks 2 team members at KWAP. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/kwap?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Venture - Series Unknown | $6.5M–$58M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Financial Services | 4 | 33% |
| Finance | 3 | 25% |
| Venture Capital | 3 | 25% |
| Retail | 2 | 17% |
| Automotive | 2 | 17% |

23 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Venture - Series Unknown | 5 | 42% |
| Seed | 1 | 8% |
| Series B | 1 | 8% |
| Series D | 1 | 8% |
| Debt Financing | 1 | 8% |

8 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Malaysia | 7 | 58% |
| Japan | 1 | 8% |
| Thailand | 1 | 8% |
| Indonesia | 1 | 8% |
| Singapore | 1 | 8% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Hizzan Hamid | Chief Executive Officer | 0 | https://shizune.co/investors/profile/hizzan-hamid |
| Nik Amlizan Mohamed | Chief Executive Officer | 0 | https://shizune.co/investors/profile/nik-amlizan-mohamed |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| AEON | AEON manages the business activities of retail, finance, services, and related companies. |  | Post-IPO Secondary | May 20, 2026 |  |
| Khazanah Nasional | Khazanah Nasional is a strategic investment fund focused on late-stage venture and private equity investments in established firms. | $25.3M | Debt Financing | Apr 28, 2026 |  |
| DF Automation and Robotics | DF Automation and Robotics Sdn Bhd (DF) based in Malaysia is a local automation company that designs, manufactures, markets, and maintains Automated Guided Vehicles (AGV) for various kinds of industrial and commercial use. An AGV is a “mobile robot” that uses sensors to guide its direction and can be programmed to transport goods from one locationto another automatically. DF’s AGV is unique as while it has the functions of other imported commercial AGV’s, is more cost effective to purchase and maintain. | $1.8M | Equity Crowdfunding | Nov 15, 2024 |  |
| ZUS Coffee | ZUS Coffee is a tech-driven coffee chain that makes specialty coffee accessible to everyone. ZUS Coffee offers a diverse menu including specialty drinks like Americano and Buttercrème Latté, catering to various tastes and dietary preferences. The brand emphasizes using high-quality ingredients and innovative brewing techniques, aiming to makespecialty coffee accessible to a broader audience. ZUS Coffee operates a mix of physical outlets and a strong digital presence, offering delivery services through its app. | $57.6M | Venture - Series Unknown | Sep 10, 2024 |  |
| Bateriku | 'Azarol Faizi is the Founder & CEO of Bateriku Group of Companies, Malaysia’s leading Vehicle Ownership Experience Service Provider' Azarol Faizi is a Malaysian entrepreneur and the Founder and CEO for Bateriku Group of Companies – a Vehicle Ownership Experience platform that provides breakdown and maintenance solutions directly tovehicle owners via technology and gig economy.Today, there are 3 companies under Bateriku Group of Companies namely Bateriku (M) Sdn. Bhd., Akademi Bateriku Sdn. Bhd. and BPlaz (M) Sdn. Bhd. Azarol previously founded Astra Manufacturing, a battery manufacturing factory that primarily supplies automotive and industrial batteries to OEM and REM companies such as Proton, Perodua, Mitsubishi, Petronas and Telekom.Azarol’s vision was to ultimately make it easy and seamless for vehicle owners to receive solutions and support to anything and everything that is related to their vehicle. He wanted to create a sustainable ecosystem of automotive product and service providers that prioritize awesome customer experience, every time, all the time.Inspired by the tech disruption created by MyTaxi and Uber in Malaysia, Azarol saw the gap in the market for battery replacement for vehicle owners. In 2014, he pivoted his 7-person team to establish Bateriku.com – an online platform that enable vehicle owners to find on-demand solution to that dreadful #battkong experience via its well trained and equipped crowdsourced technicians or BHero. In 2015, Bateriku.com started to build a network of Dealers under the ‘BPreneur’ Program to establish its unique selling proposition of Nationwide Warranty Assistance. The BPreneur program has enabled the opening of more than 150 Bateriku retail outlets or Pitstops nationwide including in Sabah and Sarawak. In 2017, Bateriku launched its Bateriku Customer App for a seamless after-sales customer experience that complements existing touchpoints of 24/7 hotline number, web booking, whatsapp and social media enquiries.In 2019, the group expanded its on-demand battery solution by offering full-fledged Roadside Assistance to vehicle owners under BPlaz. The solutions offered include towing, tyre replacement, fuel top-up and car lock-out services. The services are fulfilled by either its BHero network or workshop partners under the ‘BBuddy’ program. In the same year, Bateriku was appointed as Etiqa Insurance’s service provider to serve Etiqa’s 2.5Million insurance subscribers. To date, Bateriku has served close to 1.2 Million vehicle owners and has shared more than RM12 Million in commission payouts within its ecosystem partners. The group reached multiple milestones in 2022 when it was appointed by Allianz Malaysia to serve Allianz’s 3.5 Million subscribers. In the same year, Persatuan Insurans Malaysia (PIAM) also appointed Bateriku as a licensed insurance agent. The biggest milestone for the group happened on May 22 with the launching of Bateriku’s very own automotive product range under the Astra brand by Bateriku.com. Since the introduction of Astra batteries, Bateriku has managed to sell more than 200,000 units of batteries nationwide. More recently, the Astra brand has also introduced exclusive Astra wiper blades to the Malaysian market since April 2023. Azarol is determined to bring in more fast-moving products under the Astra brand for the benefit of not just vehicle owners, but also to its ecosystem partners. Today, the group has built an ecosystem comprising close to 1,000 BHeros, 100 BPreneurs and approximately 3,000 BBuddys to fulfil the growing demand for battery and roadside assistance solutions. Bateriku today collaborates with prominent brands including Allianz, Etiqa, Socar, Gocar, Touch & Go, Setel and Grab by providing multiple value-added offerings to respective partner’s ecosystem.In January 2023, Bateriku established Akademi Bateriku – a training centre that primarily aims to streamline on-the-ground deliverables to its growing ecosystem. Akademi Bateriku received endorsement from HRDF for its multi-level certification programs that includes vehicles systems troubleshooting as well as EV and Hybrid systems.Concurrently, Bateriku also established its first BGarage – a workshop model designed and operated by Bateriku to accommodate customers with non-related battery issues such as alternator and starter issues. The establishment of BGarage value-adds to the overall customer experience for Bateriku’s existing and potential customers.Recently, Bateriku signed a Memorandum of Contract with TowMe Asia – a roadside assistance company based in Singapore to provide cross-border solutions to travellers to/from Malaysia and Singapore respectively.In its pipeline, the group is looking to solidify its position by digitizing the 3 verticals of Battery, Breakdown and Bengkel into an inclusive automotive digital platform called ‘Bazaar.’ Enabled by its priority on customer experience and the advancement of technology, the group has evolved from a brick-and-mortar battery reseller to providing real solutions very much needed by vehicle owners, not just in Malaysia and Singapore but soon to other ASEAN countries. | $8M | Series B | Sep 04, 2024 |  |
| WYZauto | WYZauto is an online marketplace that links luxury tyre wholesalers and auto repair facilities. WYZauto provides tire businesses with access to Thailand's largest tire inventory, references, and delivery choices. | $2.2M | Seed | Apr 05, 2024 |  |
| Bateriku | 'Azarol Faizi is the Founder & CEO of Bateriku Group of Companies, Malaysia’s leading Vehicle Ownership Experience Service Provider' Azarol Faizi is a Malaysian entrepreneur and the Founder and CEO for Bateriku Group of Companies – a Vehicle Ownership Experience platform that provides breakdown and maintenance solutions directly tovehicle owners via technology and gig economy.Today, there are 3 companies under Bateriku Group of Companies namely Bateriku (M) Sdn. Bhd., Akademi Bateriku Sdn. Bhd. and BPlaz (M) Sdn. Bhd. Azarol previously founded Astra Manufacturing, a battery manufacturing factory that primarily supplies automotive and industrial batteries to OEM and REM companies such as Proton, Perodua, Mitsubishi, Petronas and Telekom.Azarol’s vision was to ultimately make it easy and seamless for vehicle owners to receive solutions and support to anything and everything that is related to their vehicle. He wanted to create a sustainable ecosystem of automotive product and service providers that prioritize awesome customer experience, every time, all the time.Inspired by the tech disruption created by MyTaxi and Uber in Malaysia, Azarol saw the gap in the market for battery replacement for vehicle owners. In 2014, he pivoted his 7-person team to establish Bateriku.com – an online platform that enable vehicle owners to find on-demand solution to that dreadful #battkong experience via its well trained and equipped crowdsourced technicians or BHero. In 2015, Bateriku.com started to build a network of Dealers under the ‘BPreneur’ Program to establish its unique selling proposition of Nationwide Warranty Assistance. The BPreneur program has enabled the opening of more than 150 Bateriku retail outlets or Pitstops nationwide including in Sabah and Sarawak. In 2017, Bateriku launched its Bateriku Customer App for a seamless after-sales customer experience that complements existing touchpoints of 24/7 hotline number, web booking, whatsapp and social media enquiries.In 2019, the group expanded its on-demand battery solution by offering full-fledged Roadside Assistance to vehicle owners under BPlaz. The solutions offered include towing, tyre replacement, fuel top-up and car lock-out services. The services are fulfilled by either its BHero network or workshop partners under the ‘BBuddy’ program. In the same year, Bateriku was appointed as Etiqa Insurance’s service provider to serve Etiqa’s 2.5Million insurance subscribers. To date, Bateriku has served close to 1.2 Million vehicle owners and has shared more than RM12 Million in commission payouts within its ecosystem partners. The group reached multiple milestones in 2022 when it was appointed by Allianz Malaysia to serve Allianz’s 3.5 Million subscribers. In the same year, Persatuan Insurans Malaysia (PIAM) also appointed Bateriku as a licensed insurance agent. The biggest milestone for the group happened on May 22 with the launching of Bateriku’s very own automotive product range under the Astra brand by Bateriku.com. Since the introduction of Astra batteries, Bateriku has managed to sell more than 200,000 units of batteries nationwide. More recently, the Astra brand has also introduced exclusive Astra wiper blades to the Malaysian market since April 2023. Azarol is determined to bring in more fast-moving products under the Astra brand for the benefit of not just vehicle owners, but also to its ecosystem partners. Today, the group has built an ecosystem comprising close to 1,000 BHeros, 100 BPreneurs and approximately 3,000 BBuddys to fulfil the growing demand for battery and roadside assistance solutions. Bateriku today collaborates with prominent brands including Allianz, Etiqa, Socar, Gocar, Touch & Go, Setel and Grab by providing multiple value-added offerings to respective partner’s ecosystem.In January 2023, Bateriku established Akademi Bateriku – a training centre that primarily aims to streamline on-the-ground deliverables to its growing ecosystem. Akademi Bateriku received endorsement from HRDF for its multi-level certification programs that includes vehicles systems troubleshooting as well as EV and Hybrid systems.Concurrently, Bateriku also established its first BGarage – a workshop model designed and operated by Bateriku to accommodate customers with non-related battery issues such as alternator and starter issues. The establishment of BGarage value-adds to the overall customer experience for Bateriku’s existing and potential customers.Recently, Bateriku signed a Memorandum of Contract with TowMe Asia – a roadside assistance company based in Singapore to provide cross-border solutions to travellers to/from Malaysia and Singapore respectively.In its pipeline, the group is looking to solidify its position by digitizing the 3 verticals of Battery, Breakdown and Bengkel into an inclusive automotive digital platform called ‘Bazaar.’ Enabled by its priority on customer experience and the advancement of technology, the group has evolved from a brick-and-mortar battery reseller to providing real solutions very much needed by vehicle owners, not just in Malaysia and Singapore but soon to other ASEAN countries. |  | Venture - Series Unknown | Feb 16, 2024 |  |
| Lapasar.com | Lapasar.com is a B2B marketplace, giving corporate buyers access to suppliers across Malaysia - via the marketplace & via RFQ tools. To adhere to and strengthen corporate governance, the marketplace comes with integrated procurement tools in the backend. | $6.5M | Venture - Series Unknown | Feb 16, 2024 |  |
| Vynn Capital | Vynn invests in entrepreneurs with strong operational involvement and capability to maintain a well-cultured team. Key industries for us are Travel, Property, Food & FMCG and Female Economics. We also focus on industry enablers such as logistics fulfilment and fintech in enhancing industry efficiencies. |  | Venture - Series Unknown | Feb 16, 2024 |  |
| Antler | Antler is an early-stage venture capital firm that seeks to invest in technology companies. The firm incubates startups from a variety of sectors and offers a global community network of co-founders and access to talent, expert advisors, expansion support, and capital around the world. |  | Venture - Series Unknown | Feb 16, 2024 |  |

10 of 12 investments shown.

## Co-investors
- [Gobi Partners](https://shizune.co/investors/profile/gobi-partners) — VC Fund, 2 deals together
- [MAVCAP](https://shizune.co/investors/profile/mavcap) — VC Fund, 2 deals together
- [Sime Darby](https://shizune.co/investors/profile/sime-darby) — VC Fund, 2 deals together
- [Vynn Capital](https://shizune.co/investors/profile/vynn-capital) — VC Fund, 2 deals together
- [500 Southeast Asia](https://shizune.co/investors/profile/500-durians-2) — VC Fund, 1 deal together
- [Adaptive Capital Partners](https://shizune.co/investors/profile/adaptive-capital-partners) — VC Fund, 1 deal together

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## FAQ

### What does KWAP invest in?

KWAP invests primarily in Financial Services, Finance and Venture Capital startups, most often at Venture - Series Unknown and Seed stage. Most of the 12 investments tracked by Shizune back companies in Malaysia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is KWAP's check size?

KWAP typically joins rounds of $6.5M–$58M at Venture - Series Unknown. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds KWAP participates in.

### How do I contact KWAP?

Public channels for KWAP include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at KWAP?

The team at KWAP includes Hizzan Hamid (Chief Executive Officer) and Nik Amlizan Mohamed (Chief Executive Officer). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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