CRADLE RAISES ITS CO-INVESTMENT VALUE WITH PARTICIPATION OF SIX NEW PARTNERS
About Nexea Angels
“Nexea Angels is a venture builder based in Kuala Lumpur- where they build and fund start-ups in Malaysia and the rest of Southeast Asia. Their partners in Nexea are business people who have exited their companies via Trade Sales and IPOs. Further, they have a progressive technology team that specialises in scaling start-ups. Together, they focus on supporting start-ups that they understand and are able to create and extensive unfair advantage to outperform competition and succeed in the market.
About 1337 Ventures Sdn Bhd
Established in January 2013, 1337 Ventures (“1337” pronounced “leet”) is a technology accelerator, venture builder and early stage venture capital focused on doing pre-seed investments across South East Asia. 1337 focuses on doing idea validation programmes as a means of generating viable start-ups via Alpha start-ups.
1337 has invested pre-seed in 23 start-ups in Malaysia and has expanded its pre-seed portfolio to 3 other start-ups in the Philippines.
1337 currently runs across Malaysia, Philippines & Singapore and looks to expand its reach to Indonesia & Vietnam in 2016.
About IV Gagasan Sdn Bhd (Infinite Ventures)
Infinite Ventures is a venture building accelerator that provides pre-seed to seed funding and hands-on operational guidance to help initiate, co-create and accelerate start-ups. Its primary goal is to create high-growth start-ups in key sectors such as on-demand services, fintech and e-commerce/online marketplaces. For more info, visit ivmalysia.com.
About IMJ Investment Partners Pte Ltd (IMJ)
IMJ Investment Partners Pte Ltd. One of the most active venture firms based in Singapore and was founded by Japanese founders three years ago. By now, IMJ has invested in about 30 IT start-ups in South East Asia. IMJ is sector agnostics and their investment stage is from seed to series A.