A new investment product up to RM800,000 for local tech start-ups.
DEQ800 is a new investment product by Cradle following its investment portfolio expansion effective February 2017. DEQ800 is the abbreviation for Direct Equity 800, a form of equity investment of up to RM800 000 for local tech start-ups.
DEQ800 comes as the next phase of product offering after Cradle’s co-investment programme that was first introduced in 2014. The launch marks Cradle’s new direction in supporting tech start-ups, particularly those at early stage.
Focused investment sectors under this initiative include areas within the National Key Economic Areas (NKEA) such as Financial Services, Tourism; Business Service; Electrical & Electronics; Wholesale and Retail; Education; Healthcare; Communication Content and Infrastructure; Oil; Gas and Energy; and Agriculture.