Please be informed that Cradle office will be closed from throughout CMCO in line with the Conditional Movement Control Order (CMCO) announced by Senior Minister (Security Cluster) Datuk Seri Ismail Sabri Yaakob recently.

Latest News

Malaysia’s Cradle Fund has new CEO

Rafiza who started her career at Arthur Anderson & Co. will bring on board a wealth of experience in strategy, innovation, finance, and business management. She is currently CFO at Velesto Energy, a multinational player in the upstream oil and gas sector and has held senior roles in Bank Negara Malaysia (BNM), RHB Investment Bank, Thomson Reuters, and Sime Darby.

According to Yvonne Chia, Chairman of Cradle, their immediate priority in this current Covid-19 crisis is to enable the Malaysian startups and tech entrepreneurs to navigate through the challenges and to evolve with the changing landscape.

Chia said in a statement that the search for the CEO role has gone through an extensive process and that the accelerator worked closely with the Ministry of Science, Technology, and Innovation (MOSTI) and the Ministry of Finance (MOF).

The Board expressed its appreciation to Razif Abdul Aziz, currently the Acting Group CEO who will resume back to his role as Chief Operating Officer from June 1, 2020.

Cradle Fund was incorporated in 2003 under the Ministry of Finance Malaysia with a mandate to fund potential and high-calibre tech startups through its Cradle Investment Programme (CIP). Cradle is presently administered by the Ministry of Science, Technology, and Innovation (MOSTI).



Dear Valued Entrepreneurs and Innovators, Please be informed that all application for CIP IGNITE & CIP ACCELERATE will be closed from 1st November to 14th December 2020. However, application will re-open for submission on the 15th December 2020. Thank You.

Please note that Cradle has never appointed any agent or representative to act on our behalf. If you have been approached by any party, who claims to be the representative or agent appointed by Cradle, who claims to be able to facilitate or guarantee in securing grants/funds from Cradle, whether in return for a fee/favour or otherwise OR if you have doubts about the authenticity and credibility of such party, please contact the Management immediately.