An initial capital deployment for the subscription in Canyon Group Partners (CGP) Fund 1, with a total fund size of USD 25 million. The capital will be used to fund two projects, marking the start of the fund’s strategy to build a global portfolio of ultra-luxury hospitality assets.
CGP OpCo LLC
December 2024
A strategic investment in Canyon Global Partners (CGP) OpCo which provides the opportunities to access ultra-luxury hotel and resort assets in the United States.
eAuto Sdn Bhd
June 2024
An investment for a substantial stake 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 in Naza Communications to fund the construction of cell towers along the western coast of Peninsular Malaysia.
X.AI Corp
May 2024
Subscription in X.AI Corp through a fund managed by K2 Global. The subscription is 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 in Quantum Digital Group. The subscription is 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 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 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 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
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
Convertible Loan Note Agreement (CLA) subscription is made in Green Rebel. This co-investment with Teja Ventures provides access to Southeast Asia's plant-based and meat substitute market.
Moladin
January 2022
Conversion of the SAFE note into preference shares at a funding round aimed at accelerating the company’s growth within used car market in Southeast Asia.
StockGro
December 2021
Subscription of preference shares in StockGro’s Series A via Wellington Partners, a special purpose vehicle (SPV), at a pre-money valuation of USD 55 million. This company promotes stock investment and financial literacy in India.
Pandai Education Pte Ltd
November 2021
One of the early investors in Pandai Education Pte Ltd, Falnas subscribes in the Seed funding round through a Simple Agreement for Future Equity (SAFE). This investment provided valuable exposure to Malaysia’s growing edutech sector.
Moladin
October 2021
Subscription of Simple Agreement for Future Equity (SAFE) note during Series A2 funding round at a post-money valuation of USD 110 million.
Meesho
October 2021
Subscription of preference shares in Meesho’s Series F round via Cambium Grove Opps VII Ltd, a special purpose vehicle (SPV) at a post-money valuation of USD 4.9 billion. This investment provides exposure to the fastest-growing e-commerce platform in the Indian market.
Teja Ventures
July 2021
A strategic partnership with Teja Ventures through subscription in Fund 1. With 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 (NYSE). 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 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 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
Subscription in 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 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 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
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
Investment in 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 digitisation and innovation, including mobile games and social networking platforms.
