eAuto Sdn Bhd
A substantial stake was invested in eAuto Sdn Bhd, a key service provider for digital automotive solutions in Malaysia. eAuto anticipates to grow its value proposition by diversifying into other solution services and leveraging the potential increase in used motor vehicle ownership.
Naza Communications Sdn Bhd
A subscription of ordinary shares amounting to MYR 6.5 million in Naza Communications to fund the construction of cell towers along the western coast of Peninsular Malaysia.
X.AI Corp
Subscription of USD 250,000 in X.AI Corp through a fund managed by K2 Global. The subscription was made at a Series B with a pre-money valuation of USD 18 billion and a 3-year target investment duration.
Quantum Digital Group
A subscription of preference shares amounting to USD 100,000 in Quantum Digital Group. The subscription was made during the Seed funding round via collaboration with Cambium Grove Capital. This investment further expands the company’s portfolio in the fintech space.
Project Hachi
Completion of a JPY 135 million (USD 1 million equivalent) subscription in Project Hachi, a real estate fund with a fund size of JPY 2.36 billion (USD 18.15 million equivalent). This collaboration with Cambium Grove Capital creates new avenues for investing in Japanese hotel assets with a target exit of 5 years.
Algbra Group Ltd
The conversion of a convertible note subscription into equity resulted in a 0.32% equity stake in Algbra Group Ltd upon maturity.
DiDi Grocery
Exited the fund invested in Didi Grocery as part of a strategic arrangement.
Algbra Group Ltd
Subscription of convertible notes in Algbra Group amounting to GBP 200,000 during the Pre-Series A round at a company valuation of GBP 60 million. This co-investment with New World Group aims to support financial inclusion and innovation.
Carsome Group Pte Ltd
USD 1 million equity investment in Carsome Group during Series D2 funding round at USD 1 billion pre-money valuation. This strategic move enhances Falnas Capital’s exposure to innovative automotive solutions.
Green Rebel
USD 400,000 Convertible Loan Note Agreement (CLA) subscription was made in Green Rebel. This co-investment with Teja Ventures provides access to Southeast Asia’s plant-based and meat substitute market.
