VT-SBI Fund, an early to mid-stage fund of USD 18 million founded by SBIVM and VentureTECH Sdn Bhd (100% subsidiary of Malaysian Industry-Government Group for High Technology), was launched in February 2022 to predominantly support startups in the high value-added and emerging industry market segments to scale up to their full potential, contribute positive socio-economic impact to Malaysia and subsequently grow to compete at the regional level.
VentureTECH Sdn Bhd
OSK-SBI Funds are growth to late-stage fund founded by SBIVM and OSK Ventures International Berhad (“OSKVI”) that dedicate growth capital investments to leading technology companies. To-date, there are two (2) OSK-SBI Funds being co-managed by SBIVM and OSKVI.
The maiden fund (“1st Fund”) was established in September 2018 with a total fund size of USD 20 million. Since inception, the 1st Fund has grown its investment portfolios to include prominent technology companies within ASEAN region that constantly delivers sustainable growth in fast-growing sectors such as healthcare, insurance, and logistics.
The newly setup second fund (“2nd Fund”) in August 2023 will focus on providing growth capital to companies across ASEAN region that propel impactful technology-based solutions in high demand sectors mainly in financial services, healthcare, education, ESG, B2B and emerging technologies. The first close of the 2nd Fund is USD 20 million with target final close of USD 40 million.
OSK Ventures International Berhad
OSK-SBI Venture Partners Ltd.
Launched in October 2016, SBI Islamic Fund II is a USD 60 million private equity Shariah-compliant fund (“Fund”) that focuses on late-expansion stage, pre-IPO and IPO deals in diversified sectors with emphasis in ASEAN. The Fund is the second fund co-managed by SBIVM and Ministry of Finance and Economy Brunei.
SBI(B) Sdn Bhd
Ministry of Finance and Economy Brunei