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
June 2024
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
May 2024
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
May 2023
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
May 2023
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
November 2022
The conversion of a convertible note subscription into equity resulted in a 0.32% equity stake in Algbra Group Ltd upon maturity.
DiDi Grocery
August 2022
Exited the fund invested in Didi Grocery as part of a strategic arrangement.
Algbra Group Ltd
May 2022
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
March 2022
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
March 2022
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.
StockGro
December 2021
USD 100,000 subscription in StockGro via a fund managed by Cambium Grove Capital to promote stock investment financial literacy in India.
Pandai Education Pte Ltd
November 2021
One of the early investors in Pandai Education, Falnas Capital subscribes in the Seed funding round through a Simple Agreement for Future Equity (SAFE) amounting to USD 50,000. This investment provided valuable exposure to Malaysia’s growing edutech sector.
Moladin
October 2021
Acquisition of equity interest amounting to over USD 600,000 in Moladin in Series A round at USD 790 million post-money valuation. This investment was made via collaboration with Cambium Grove Capital.
Meesho
October 2021
A subscription of USD 500,000 in Meesho through a fund managed by Cambium Grove Capital. The investment was made at a Series F financing round at a USD 4.9 billion valuation, providing exposure to the fastest-growing e-commerce platform in the Indian market.
Teja Ventures
July 2021
A strategic partnership with Teja Ventures through a USD 1 million subscription in Fund 1 which has a fund life of 8 years. The fund focuses on investing in early-stage tech companies developing innovative solutions for the She Economy, targeting women as key consumers.
DingDong Maicai
June 2021
Exited the investment during Dingdong Maicai’s Initial Public Offering (IPO) on New York Stock Exchange. The company raised USD 95.7 million for market expansion and investment in technology and supply chain systems.
RHL Ventures
April 2021
A partnership with RHL Ventures through a commitment of MYR 5 million in the Hibiscus Fund. The fund primarily focuses on investing in early and growth-stage firms in Malaysia and Southeast Asia region and has a fund life of 7 years.
DiDi Grocery
April 2021
Subscription amounting to USD 500,000 in Didi Grocery, an e-grocery delivery service provider that has footprints in more than 300 cities in China. This investment was made in collaboration with Cambium Grove Capital.
DingDong Maicai
March 2021
A subscription amount of USD 510,000 into DingDong Maicai, a fresh food delivery service platform based in Shanghai, China. The investment was directed through Cambium Grove Capital.
Luxury Promise
January 2021
Acquisition of equity stake in Luxury Promise amounting to USD 250,000 at a Series A post-money valuation of USD 63 million. This co-investment was made in partnership with New World Group.
Techninier Sdn Bhd
December 2020
Exited the investment in Techninier. after 6 years of continuous growth achieved by the company.
New World Group
October 2020
A strategic investment of GBP 2.5 million in New World Group, a globally diversified investment firm that manages USD 2.5 billion in assets, focusing on fintech and technology-driven companies.
Berjaya Reykjavik Investment Limited
August 2020
Exited investment in Berjaya Reykjavik Investment Limited upon fulfilment of short-term investment prerequisite.
Proficient Software Solution Sdn Bhd
February 2020
MYR 1 million seed investment for an 18% equity stake in Proficient Software Solution, Malaysia’s first end-to-end construction project management platform provider.
Berjaya Reykjavik Investment Limited
August 2019
USD 2 million investment into Berjaya Reykjavik Investment Limited for the construction of a luxury 5-star hotel and residences in Reykjavik, Iceland. Once completed, the property will be operated by an international hospitality brand.
Park Rite Sdn Bhd
March 2016
A strategic acquisition of a 51% equity stake in Park Rite, a car park management solutions provider. This acquisition aims to strengthen the company’s portfolio of parking sites in the Klang Valley area expanding its market presence.
Techninier Sdn Bhd
June 2014
A strategic investment in Techninier, a company that offers solutions for digitasation and innovation, including mobile games and social networking platforms.
