KUALA LUMPUR: Kuala Lumpur’s startup ecosystem has generated more than RM220 billion (US$47 billion) in ecosystem value from July 1, 2021 to Dec 31, 2...
: Kuala Lumpur’s startup ecosystem has generated more than RM220 billion in ecosystem value from July 1, 2021 to Dec 31, 2024, said Cradle Fund Sdn Bhd .
Cradle is Malaysia’s startup ecosystem agency under the Finance Ministry, administered by the Science, Technology and Innovation Ministry . Cradle group chief executive officer Norman Matthieu Vanhaecke said these achievements underscore the efforts and strategic initiatives to foster a conducive environment for startups.
“With a consistent commitment to cultivating a high-performing, inclusive, globalised, and sustainable ecosystem, Cradle envisions propelling Malaysia to the forefront of the global startup ecosystem,“ he said.
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