Jelawang Capital is Malaysia's National Fund-of-Funds under Khazanah Nasional Berhad's Dana Impak, headquartered in Kuala Lumpur at Menara ILHAM, Jalan Binjai. The organization was established through the consolidation of Malaysia Venture Capital Management and Penjana Kapital in July 2024.
The firm powers Malaysia's venture future by backing credible VC fund managers across borders to ignite startups, innovation, and national economic growth. Jelawang Capital operates with an initial allocation of 1 billion ringgit (US$240 million), and its first five fund managers have backed more than ten startups and catalyzed over MYR 30 million in crowded-in capital.
Jelawang Capital acts as the Secretariat of the Malaysia Venture Capital Roadmap, directly playing a role in addressing industry gaps, strengthening fund managers, and driving innovation-driven growth across the nation.
Facts compiled by Executive Moves from publicly available news and press releases on 26 September 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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