Kumpulan Modal Perdana

What Kumpulan Modal Perdana does

Kumpulan Modal Perdana (KMP) is a Malaysian government-owned venture capital firm established in 2001 and headquartered in Petaling Jaya, Selangor. The firm is wholly owned by the Minister of Finance (Incorporated) and operates under the purview of the Ministry of Science, Technology and Innovation (MOSTI), with a mandate to fund technology development in support of the national Malaysia Plan. KMP invests through its Deep Tech / E&E Fund, deploying up to RM15 million per transaction in minority equity positions of 10-49% across startup, growth, and pre-IPO stages, with no geographic restrictions provided investments deliver strategic benefit to Malaysia.

KMP manages RM380 million in Assets Under Management and has funded more than 40 companies, recorded 21 exits, supported 250+ intellectual properties, and contributed to over 5,000 jobs through portfolio companies. Its portfolio spans semiconductors, compound semiconductors (GaN-on-silicon, silicon photonics), RFID/IoT, advanced materials, automation, AI-powered computer vision (Evlos, Halovision, SmartRetail), battery recycling (Econili), high-frequency RF (Swift Bridge), electric mobility (Pixelbyte/ParkEasy, Voltron), and biomedical diagnostics (nanoSkunkWorkX). Distribution is via an online application portal at fund.kmp.vc, supplemented by strategic partnerships with Bank Pembangunan Malaysia Berhad, MTDC, Gobi Partners, Edelteq, and other co-investors. The firm is led by CEO Yarham Yunus and CIO Lee Hui-Ni, with a lean investment team of fewer than ten professionals. Revenue mechanics are typical of a VC: management fees on AUM, plus equity returns from exits and capital appreciation on a stage-agnostic, minority-stake portfolio concentrated in Electronics & Electrical, Renewable Energy, and Green Technology sectors.

Name

Kumpulan Modal Perdana

Legal name

Kumpulan Modal Perdana Sdn Bhd (547734-D)

Website

https://www.kmp.vc

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

1–10 employees

Short description

Kumpulan Modal Perdana is a Malaysian government-owned deep-tech venture capital firm, wholly owned by the Minister of Finance Incorporated, that invests up to RM15 million in minority equity positions across Electronics & Electrical, Renewable Energy, and Green Technology startups through pre-IPO stages.

Ownership category

akta.pro rank

Headquarters

HQ city

Kuala Lumpur

HQ country

Malaysia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. VC Returns from Portfolio Companies: KMP generates returns through equity investments in deep technology companies. The fund takes minority equity stakes (minimum 10% up to 49%) in exchange for funding up to RM15 million per investment. Returns are realized through exits, dividends, or capital appreciation.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

Kumpulan Modal Perdana (KMP) is a Malaysian government-owned technology venture capital firm that invests minority equity stakes of up to RM15 million per company in deep technology ventures operating in Electronics & Electrical, Renewable Energy, and Green Technology sectors. Investments are stage-agnostic, spanning startup, growth, and pre-IPO stages, with no geographic restrictions where the investment offers strategic benefits to Malaysia. The firm also provides strategic guidance, network access, and ongoing portfolio monitoring to investees.

Product overview

Kumpulan Modal Perdana (KMP) is a Malaysian government-owned venture capital firm that provides funding and investment services to deep technology companies. KMP does not offer a unified product platform but instead operates a Deep Tech / E&E Fund that invests up to RM15 million per investment in technology companies across sectors including Electronics & Electrical, Renewable Energy, and Green Technology. The firm offers a funding application portal (fund.kmp.vc/tracker) for applicants to track their application status, and manages a portfolio of technology investments including semiconductor, AI, battery recycling, and automation companies. KMP's investment approach focuses on minority equity stakes (10-49%) with stage-agnostic funding from startup through pre-IPO stages.

Differentiator

Problem solved

Functional benefit

Products and services

• Deep Tech / E&E Fund

Quantifiable outcome

• 40+ companies funded across deep technology sectors
• +3 more outcomes

Named customers13 records

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered core.

• Halo Technologies Sdn. Bhd. (HTSB)coreStrategic or Co-development Partner · 29 September 2025Joint venture partner with Edelteq in establishing Halovision to develop advanced AOI systems. HTSB contributes the Raptor product family, an AI-driven inspection platform for IC substrate and semiconductor manufacturing.
• Bank Pembangunan Malaysia Berhad (BPMB)coreStrategic or Co-development Partner · 17 December 2020Strategic collaboration to facilitate implementation of Industry Digitalisation Transformation Scheme (IDTS) targeting technology-related SMEs requiring funding assistance. KMP provides guidance and experience in investing in technology ventures while BPMB provides funding support through its funds and IDTS.
• Malaysian Technology Development Corporation (MTDC)coreStrategic or Co-development Partner · 17 December 2020Collaboration to advance Malaysia's Industry 4.0 initiatives through technical support and funding. MTDC provides technical advice and assessment of technology-related funding and co-invests in selected investment notes.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Malaysian Technology Development Corporation (MTDC): Malaysian government-linked technology VC and fund manager. Directly comparable as a state-backed technology investor targeting Malaysian SMEs and growth-stage tech companies, with overlapping sector mandates in advanced technology and Industry 4.0.
• Cradle Fund: Malaysian government-backed early-stage fund manager under the Ministry of Finance. Directly comparable as a public-sector VC deploying grants and seed capital to Malaysian tech startups, with similar mandate to support the national startup ecosystem.
• Gobi Partners: Pan-Asian VC with a strong Malaysia footprint and active Dana Impak mandate under Khazanah Nasional. Directly comparable as a regional tech VC that has co-invested with KMP and shares the deep tech / SEA startup thesis.
• Penjana Kapital: Malaysian government-linked PE/VC fund manager under the Ministry of Finance. Directly comparable as a state-backed investor mandated to support Malaysian growth-stage companies via the PENJANA economic stimulus program.

Broad incumbents

• Khazanah Nasional: Malaysia's sovereign wealth fund with significant technology, innovation, and Dana Impak exposure. Broadly comparable as a larger government-backed investor in Malaysian technology and growth-stage companies, but operating at much greater scale across multiple asset classes.
• Temasek Holdings: Singapore sovereign investor with significant deep tech and growth-stage exposure. Broadly comparable as a sovereign-backed investor in technology and innovation ecosystems across Asia, operating at vastly greater scale.
• 500 Global (formerly 500 Startups): Global early-stage tech VC with active Southeast Asia operations. Broadly comparable as a stage-agnostic, multi-region tech VC, though without the government mandate and Malaysian policy alignment that defines KMP.

Regional players

• Malaysia Debt Ventures Berhad (MDV): Malaysian government-linked financier providing financing to technology and infrastructure companies. Comparable as a state-backed Malaysian financial institution supporting technology growth companies, though MDV focuses more on debt financing than equity investment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/modalperdana
• Facebookfacebook.com/ModalPerdana

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments16 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kumpulan Modal Perdana