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Malaysian Technology Development Corporation, VC Fund

Malaysian Technology Development Corporation

VC Fund

Kuala Lumpur, Malaysia

Malaysian Technology Development Corporation is a VC fund in Kuala Lumpur focused on Machine Learning and Financial Services. Malaysia Technology Development Corporation (MTDC) was set up by government of Malaysia in 1992 to spearhead the development of technology businesses in Malaysia. Its initial role was to concentrate on the promotion and commercialisation of local research and invests in new ventures that can bring in new technologies from abroad.From theseinvestment activities, MTDC has evolved to become a venture capital outfit and has been the leading venture capitalist in the country long before the concept became familiar and accepted in Malaysia.By the time other new venture capitalist came into being, MTDC has further evolved to become an integrated venture capital solutions provider and has become the only company in the country to attain the status. Today, MTDC is the only one-stop agency where financing can be source from; all the way from laboratory ideas to full commercialisation of such ideas.

Total investments:
37
Last investment:
Lead investor:
14%

Last updated:

Industries Malaysian Technology Development Corporation invests in

Machine LearningFinancial ServicesAgTechDronesFinTech

Stages Malaysian Technology Development Corporation invests in

SeedFunding RoundGrantSeries ASeries B

Countries Malaysian Technology Development Corporation invests in

MalaysiaUnited States

Contacts

NameEmailPhoneSocials
Norhalim Yunus

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Investment Focus

Industry

  • Machine Learning 3 (8%)
  • Financial Services 3 (8%)
  • AgTech 2 (5%)
  • Drones 2 (5%)
  • FinTech 2 (5%)
See all 29 industries →

Stage

  • Seed 8 (22%)
  • Funding Round 3 (8%)
  • Grant 2 (5%)
  • Series A 1 (3%)
  • Series B 1 (3%)

Country

  • Malaysia 11 (30%)
  • United States 1 (3%)

Team

NameTitleInvestmentsLinksEmail
Norhalim Yunus CEO
CEO Total investments: 2
Find email

Investments

CompanyDescriptionRoundLinks
FirstChip FirstChip
FirstChip Sdn. Bhd. designs custom embedded systems, internet-of-things (IoT) devices, and digital integrated circuits. It also provides desktop semiconductor front-end microfabrication tools for wafer cleaning, photolithography, and inspection. $235K / Grant / Jul 06, 2026
SpaceIn SpaceIn
SpaceIn aspires to spearhead the space exploration activity in Malaysia; SpaceIn believes in the liberty of space discovery through low cost and commercially accessible technologies. Mar 12, 2025
DF Automation and Robotics 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
Qarbotech Qarbotech
Qarbotech is an agritech company that develops a biocompatible solution that increases the photosynthesis rate of leafy plants. The company aims to encourage the adoption of sustainable products, equipment, or technologies among solopreneurs. $1.5M / Seed / Sep 26, 2024
Sophic Automation Sophic Automation
Sophic Automation is an automation solution provider that specializes in the SMARTer machine, operation, asset, and engineering services. Venture - Series Unknown / Sep 10, 2024
3Ren 3Ren
3Ren is a technology company providing industrial automation solutions and engineering services. Seed / Sep 10, 2024
WISE AI WISE AI
Known as the FACE OF ASEAN by our partners, WISE AI strives to become the market leader of digital identity in Southeast Asia by creating digital identity for 650m people in the region. Our products include facial recognition, eKYC (Know Your Customer) and Cyber ID. WISE AI works closely with System Integrators to provide their customers fromvarious industries with AI powered solutions. The Company also collaborates with universities, government agencies, R&D organisations in research collaborations and to nurture local AI talents. $10M / Series A / Jul 17, 2024
AI3D PLT AI3D PLT
AI3D PLT is a tech company specializing in machine learning, big data analytics, 3D modelling & printing, Seed / Jan 01, 2024
Bambusoideae Technology Bambusoideae Technology
Bambusoideae Technology specializes in sustainable solutions through innovative processing technology. Seed / Jan 01, 2024
Finology Finology
Finology is a fintech company that provides loans, banking, digital lending, and insurance services. Seed / Sep 25, 2023
See all 37 investments →

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FAQ

What does Malaysian Technology Development Corporation invest in?

Malaysian Technology Development Corporation invests primarily in Machine Learning, Financial Services and AgTech startups, most often at Seed and Funding Round stage. Most of the 37 investments tracked by Shizune back companies in Malaysia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

How do I contact Malaysian Technology Development Corporation?

Public channels for Malaysian Technology Development Corporation include LinkedIn, X (Twitter) 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 Malaysian Technology Development Corporation?

The team at Malaysian Technology Development Corporation includes Norhalim Yunus (CEO). 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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