# Top 15 Retail Startup Investors in Malaysia in June 2026

## The Hive Southeast Asia
- Type: VC Fund
- Location: Kuala Lumpur, Kuala Lumpur, Malaysia
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: FinTech, Marketplace, Human Resources

The Hive Southeast Asia is a VC fund backed by Palo Alto-based venture capital firm The Hive, Tuas Capital Partners, and Sunway. The Hive applies its entrepreneurial and operational experience to accelerate company building.

## Creador
- Type: VC Fund
- Location: Kuala Lumpur, Kuala Lumpur, Malaysia
- Relevant deals: 1
- Stages: Private Equity, Secondary Market, Seed
- Focus: Financial Services, Manufacturing, Finance

Creador is a private equity firm which partners with passionate entrepreneurs to grow world-class businesses in South and Southeast Asia. We are committed to leveraging our regional experience, deep market knowledge and operational expertise to create superior value for our companies and in turn our investors.

## The Radical Fund
- Type: VC Fund
- Location: Bangkok, Krung Thep, Thailand
- Relevant deals: 1
- Stages: Seed
- Focus: Software, Energy Storage, Renewable Energy

A climate fund for founders building radical ventures - that (probably) don't look like climate companies.

## Balaji Srinivasan
- Type: Angel
- Location: San Francisco Bay Area, California, United States
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Blockchain, Cryptocurrency, Software

Balaji S. Srinivasan is the Co-Founder and Board Member of Coin Center. He was the CTO of Coinbase and cofounder of Counsyl, Earn, Teleport, and Coin Center. Dr. Srinivasan holds a BS, MS, and PhD in Electrical Engineering and an MS in Chemical Engineering from Stanford University. He also teaches the occasional class at Stanford, including anonline MOOC.

## Pembangunan Ekuiti
- Type: VC Fund
- Location: Kuala Lumpur, Kuala Lumpur, Malaysia
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Retail, Grocery, E-Commerce

Pembangunan Ekuiti is a Venture Capital Management Corporation.

## Quest Ventures
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: E-Commerce, Software, Information Technology

Quest Ventures is a top venture capital firm in Asia. For entrepreneurs: venture capital. For enterprises: applied innovation. For ecosystems: accelerate.

## BEENEXT
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Software, E-Commerce, Financial Services

BEENEXT is a Venture Capital fund managed by serial entrepreneurs that focuses on assisting founders with its operational experience, network, trust, unique perspectives, and the capital. The team invests in early-stage tech start-ups that are focused on building the new digital platforms driven by the data network. BEENEXT aims to establish aplatform of founders, by the founders and for the founders across the globe, primarily in South East Asia, India and Japan. Since its establishment in 2015, the team has
invested in over 180 companies globally.

## Axiata Digital Innovation Fund
- Type: VC Fund
- Location: Kuala Lumpur, Kuala Lumpur, Malaysia
- Relevant deals: 1
- Stages: Series A, Series B
- Focus: Apps, Retail, Fitness

Axiata Digital Innovation Fund is a technology venture fund formed by Axiata Berhad.Axiata has controlling interests in six mobile operators under the brand names of ‘Celcom’ in Malaysia, ‘XL’ in Indonesia, ‘Dialog’ in Sri Lanka, ‘Robi’ in Bangladesh, ‘Smart’ in Cambodia and ‘Ncell’ in Nepal, with strategic interests in ‘Idea’ in India and ‘M1’in Singapore.

## TH Capital
- Type: VC Fund
- Location: Kuala Lumpur, Kuala Lumpur, Malaysia
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: FinTech, E-Commerce, Financial Services

TH Capital is a Malaysian based Venture Capital firm with strong South East Asian connections. TH Capital is a platform that empowers and accelerates ventures with capital infusion, business consultancy, strategic mentorship and strong networking opportunities. TH Capital occupies a unique position in the Malaysian funding landscape with a strongfocus on technology innovation geared towards nation building activities.

## RHL Ventures
- Type: VC Fund
- Location: Kuala Lumpur, Kuala Lumpur, Malaysia
- Relevant deals: 1
- Stages: Seed, Series A, Private Equity
- Focus: Health Care, E-Commerce, Social Media

RHL Ventures is a Multi-Stage Venture Capital Investing Across Southeast Asia based in Malaysia. We invest actively from Series A across different asset classes and industries. 

## Alta Group
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Equity Crowdfunding
- Focus: EdTech, Retail, Medical

Invest or sell private companies, funds and alternative assets with Fundnel, Southeast Asia's largest private investment technology platform, licensed and regulated by MAS

## Cradle Fund
- Type: VC Fund
- Location: Kuala Lumpur, Kuala Lumpur, Malaysia
- Relevant deals: 1
- Stages: Grant, Seed, Pre-Seed
- Focus: Software, E-Commerce, SaaS

WHO IS CRADLE?Cradle Fund Sdn Bhd (Cradle) is Malaysia's early stage start-up influencer, incorporated under the Ministry of Finance Malaysia (MOF) in 2003 with a mandate to fund potential and high-calibre tech start-ups through its Cradle Investment Programme (CIP).Throughout its 13-year history, Cradle has helped fund over 700Malaysian tech start-ups and holds the highest commercialisation rate amongst government grants in the country. Having more than a decade of experience in the nation's grant funding scene, Cradle further expanded its role from grant provider to investor through the establishment of its venture arm, Cradle Seed Ventures in 2015 and following its portfolio expansion to equity investment in early 2017, Cradle now offers both funding and investment assistance. Cradle's product offerings are not only restricted to monetary aid, but also include commercialisation support, coaching and various other value-added services to cater today's entrepreneurs' diversified needs.OUR MISSIONTo be the leading pre-seed, seed and start-up stage funding agency in Malaysia, that provides effective grant and equity funding, commercialisation support, coaching, and industry value-add to accelerate the growth of start-up companies.Cradle Fund Sdn Bhd is based in Kuala Lumpur, Malaysia.

## First Move
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 1
- Stages: Pre-Seed, Seed
- Focus: B2B, Pet, SaaS

First Move is a founder-led early stage VC that invests in visionary executives and founders building scalable, tech-enabled businesses for a better future in Southeast Asia

## AC Ventures
- Type: VC Fund
- Location: Jakarta, Jakarta Raya, Indonesia
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: E-Commerce, Financial Services, Information Technology

Founded in 2014, AC Ventures is a Southeast Asian venture capital firm that invests in early-stage startups focused on Indonesia and ASEAN, with over US$500 million in assets under management across five funds. The firm’s areas of investment focus on a variety of industries, including digital enablement, financial technologies, agriculturetechnologies, logistics, e-commerce, consumer technology, MSME solutions, waste management, renewable energy, and sustainability solutions.

## Commerce.Asia
- Type: VC Fund
- Location: Kuala Lumpur, Kuala Lumpur, Malaysia
- Relevant deals: 1
- Stages: Corporate Round, Seed
- Focus: Apps, Retail, E-Commerce

Commerce.Asia integrates best of breed technology solutions, talent development, data analytics and insights for South East Asian businesses to succeed online.
