What sectors does Khazanah Nasional invest in?

Malaysia's sovereign wealth fund managing RM156B, actively building the domestic VC ecosystem through Jelawang Capital fund-of-funds and Dana Impak semiconductor program.

Typical check size

€10M – €300M

Fund size: RM156B RAV (Dec 2025); acquired MAVCAP and Penjana Kapital VC funds

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Portfolio highlights

Validus (Series D, Dec 2025)

Syntiant (semiconductor R&D)

Jelawang Capital (national fund-of-funds)

Contact

www.khazanah.com.my

Malaysia

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Government

Malaysia

Khazanah Nasional

Investment focus

Sectors

Investment stages

Series B

Growth

Geographic focus

Global

Asia

Europe

Investment thesis

Malaysia's sovereign wealth fund managing RM156B, actively building the domestic VC ecosystem through Jelawang Capital fund-of-funds and Dana Impak semiconductor program.