Twin Towers Ventures

Twin Towers Ventures, established in 2023, is the corporate venture capital arm of Petronas Gas, headquartered in Kuala Lumpur, Malaysia. The company proactively identifies and invests in early to growth-stage startups in the Asia Pacific and Middle East and North Africa regions, focusing on healthcare, information technology, wellness, and commercial services sectors. Its mission is to discover and support innovative technologies that can transform the energy industry.

Fariz Ali

CEO

2 past transactions

Hysata

Series B in 2024
Hysata is focused on advancing hydrogen electrolyzer technology to facilitate the production of green hydrogen, aiming to significantly reduce costs to below $2 per kilogram. This innovative approach is rooted in research from the University of Wollongong's ARC Centre of Excellence for Electromaterials Science, led by Professor Gerry Swiegers. The company’s electrolyzers operate by using electricity to separate water into hydrogen and oxygen, thereby supporting the transition from fossil fuels to sustainable energy sources. Hysata's initiatives are designed to play a crucial role in helping businesses achieve net-zero emissions and accelerate the global move towards environmentally friendly energy solutions.

Volta

Venture Round in 2023
Volta Indonesia is an electric vehicle technology provider. It also developed environmentally friendly two-wheeled and three-wheeled electric vehicle technology.
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