# VentureTECH

> VentureTECH is a VC fund backing Manufacturing and Information Technology. See 27 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Selangor, Malaysia
- Total investments: 27
- Last investment: Feb 2026
- Lead investor: 52%
- Fund size: $19M
- Last fund: Jan 2022
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/venturetech-my
- Website: https://www.venturetech.my/

VentureTECH is a VC fund in Selangor focused on Manufacturing and Information Technology. VentureTECH is principally an investment company that was established by the Government of Malaysia in 2009 under the oversight of Ministry of Economic Affairs, with a national mandate to encourage the participation of local Malaysian companies in high value-added and high technology industry, a key mainstay that will drive Malaysia into asustainable high income economy.

## Contacts

5 contacts available for VentureTECH. Shizune tracks 6 team members at VentureTECH. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/venturetech?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Corporate Round | $1.6M–$4.7M |
| Venture - Series Unknown | $591k–$2.1M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Manufacturing | 7 | 26% |
| Information Technology | 5 | 19% |
| Biotechnology | 3 | 11% |
| Chemical | 2 | 7% |
| Analytics | 2 | 7% |

49 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Venture - Series Unknown | 13 | 48% |
| Funding Round | 4 | 15% |
| Corporate Round | 3 | 11% |
| Series A | 2 | 7% |
| Series B | 2 | 7% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Malaysia | 20 | 74% |
| Singapore | 1 | 4% |
| United States | 1 | 4% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Ahmad Redzuan Sidek | CEO | 8 | https://shizune.co/investors/profile/ahmad-redzuan-sidek |
| Ina Mustapha | Head of Strategy | 0 | https://shizune.co/investors/profile/ina-mustapha |
| Jerry Tan | Principal Venturetech-SBI | 0 | https://shizune.co/investors/profile/jerry-tan-a1fc |
| Nazathul Akmar Shahludin | VP Group Finance & Shared Services | 0 | https://shizune.co/investors/profile/sarah-ismail |
| Nizam Reza | COO | 0 | https://shizune.co/investors/profile/nizam-reza |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Deltaspike | Deltaspike is a managed cybersecurity services company that offers threat hunting, digital forensics, and consulting services. |  | Venture - Series Unknown | Feb 20, 2026 |  |
| IX Telecom | IX Telecom is a global, award-winning Virtual Network Operator (VN0) that offers internet connectivity, SD-WAN, and managed services. Our solutions can be deployed in more than 200 countries and territories to support global businesses. We provide a seamless, more innovative network and internet access experience to ISPs, system integrators,agencies, financial institutions, MNCs, airlines and embassies worldwide. As a One-Stop-Shop, IX offers SD-WAN, internet connectivity, data centre & colocation, 24x7x365 network monitoring, managed equipment, managed services, and data analytics. Our solutions enhance global connectivity with the premium touch of SD-WAN technology. IX is run by internationally certified experts with offices in Malaysia, Singapore, Hong Kong, Indonesia, the USA, and Myanmar. IX Telecom; your ultimate gateway to South East Asia and the World! |  | Venture - Series Unknown | Feb 19, 2026 |  |
| Evenesis | Evenesis is an event management solution for professional conference organizer, event planners and corporate communication office. |  | Venture - Series Unknown | Aug 11, 2025 |  |
| POMEN | POMEN is a B2B Cloud SaaS automotive Maintenance & Repair (MRO) platform. It provide a complete flywheels for MRO between service providers to companies with fleet. Through POMEN’s ecosystem platform, workshops able to set the right expectations and provide a predictive insight for their customer’s asset. While fleet companies now can have aholistics view of their fleet & asset management, refuelling data, parts movement, MRO workflow, real-time status and real-time TCO. Clientele PETRONAS Group, MAXIS Telecommunications, CTRM, Airport operators and many others. |  | Venture - Series Unknown | Mar 13, 2025 |  |
| MTC OREC | MTC OREC works on the development of diverse energy systems. It provides strategic solutions for sustainable energy demands that allow clients to use their energy-generating potentials for internal consumption or sale to the grid while lowering reliance on traditional fuels. |  | Venture - Series Unknown | Dec 23, 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 |  |
| SS Rover | SS Rover is a technology company that provides project management, manpower training, system refurbishment and manufacturing services. | $2.1M | Venture - Series Unknown | Jul 18, 2024 |  |
| 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 |  |
| 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. | $2.1M | Seed | Apr 01, 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. | $2.1M | Seed | Apr 01, 2024 |  |

10 of 27 investments shown.

## Co-investors
- [Gobi Partners](https://shizune.co/investors/profile/gobi-partners) — VC Fund, 2 deals together
- [InterVest](https://shizune.co/investors/profile/intervest) — VC Fund, 1 deal together
- [KWAP](https://shizune.co/investors/profile/kwap) — VC Fund, 1 deal together
- [Malaysian Technology Development Corporation](https://shizune.co/investors/profile/malaysian-technology-development-corporation-sdn-bhd) — VC Fund, 1 deal together
- [Kejora Capital](https://shizune.co/investors/profile/mountain-kejora) — VC Fund, 1 deal together
- [Sunway iLabs](https://shizune.co/investors/profile/sunway-ilabs) — VC Fund, 1 deal together

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## FAQ

### What does VentureTECH invest in?

VentureTECH invests primarily in Manufacturing, Information Technology and Biotechnology startups, most often at Venture - Series Unknown and Funding Round stage. Most of the 27 investments tracked by Shizune back companies in Malaysia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is VentureTECH's check size?

VentureTECH typically joins rounds of $1.6M–$4.7M at Corporate Round and $591k–$2.1M 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 VentureTECH participates in.

### How do I contact VentureTECH?

Public channels for VentureTECH 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 VentureTECH?

The team at VentureTECH includes Ahmad Redzuan Sidek (CEO), Ina Mustapha (Head of Strategy) and Jerry Tan (Principal Venturetech-SBI), among 6 team members tracked by Shizune. 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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