Malaysian Government-Backed MTDC joins
Real Tech Global Fund
YBhg. Dato’ Norhalim Yunus
Chief Executive Officer
Malaysian Technology Development Corporation
Dr Yukihiro Maru
Real Tech Holdings Co. Ltd
Real Tech Holdings (RTH) is pleased to announce that Malaysian Technology Development Corporation Sdn. Bhd. (MTDC), joined as a new limited investment partner of Real Tech Global Fund for startup support and technology development. MTDC and RTH will work together to accelerate the deep tech ecosystem of Malaysia through strong partnership leveraging on each other's network and experience.
Since 1982, through the Look East Policy of former Prime Minister Dr. Mahathir Mohamad.Malaysia has been striving to break away from its dependence on existing industries that utilize natural resources, and focus on becoming a leading country in manufacturing and high-tech industries in Asia. Towards this, the government has been strongly promoting government-led research and development initiatives, in areas such as robotics and smart cities. By specifically providing infrastructure and support for testing and experimental use of state of the art technologies in deep tech, Malaysia is actively attracting companies not only locally, but also regionally and globally. Furthermore, as a leading hub for halal technology, which is unique to Muslim culture, Malaysia is gaining attention worldwide as a country with geographical, cultural uniqueness, and technological prowess.
MTDC was established in 1992 by the Malaysian government as an affiliate of the Ministry of Science, Technology and Innovation. Its mission is to support commercial implementation of technology in Malaysia through funding and investment, incubation and mentorship,entrepreneurship building and relevant advisory services.. Uptill today, MTDC has actively invested in more than 700 companies mainly startups through different specialized funds and has been recently focusing on the deep tech sectors by partnering with various strategic partners with experience.
Leave a Nest Co., Ltd. (Leave a Nest), RTH’s parent company, established a subsidiary in Malaysia in 2013 and since 2015 has been running “TECH PLANTER ™'' to discover, support and build an ecosystem towards nurturing frontier deep technologies. In 2019, Leave a Nest also opened the “Nest-Bio Venture Laboratory”, a unique incubation lab that gathers biotechnology startups, incubatees, educators and Malaysian researchers in one place, under Universiti Teknologi Malaysia (UTM) to connect the Japanese and Malaysian ecosystem players.
Real Tech Global Fund aims to invest in deep tech startups in Southeast Asia, particularly in Malaysia and Singapore. We have currently invested in Aerodyne Group Malyasia, a drone service provider, and are actively accelerating our investments in the country. This partnership between MTDC and RTH will focus on supporting each of its portfolio to expand the deep tech ecosystem in Malaysia. Together we will continue to accelerate our actions to connect Malaysia and Japan to solve the deep issues.
■About Malaysian Technology Development Corporation Sdn. Bhd.
・Year of Estalishmentr：1992
・Address：Ground Floor, Menara Yayasan Tun Razak, Jalan Bukit Bintang, 55100 Kuala Lumpur, Malaysia
・Representatives：Dato’ Norhalim bin Yunus
About Real Tech Holdings
Real Tech Holdings is a joint venture between euglena Co.,Ltd ( ) and Leave a Nest Co., Ltd. ( ). It supports change makers who give their heart and soul to solve societal and environmental challenges. Real Tech Holding’s manages Real Tech Fund, Japan’s leading deep-tech focused venture capital fund.
Real Tech Holdings Co.,Ltd.