Cradle Seed Ventures

Cradle Seed Ventures (CSV) is the corporate venture capital arm of Cradle Fund Sdn Bhd, based in Kuala Lumpur, Malaysia. CSV focuses on early-stage investments in start-ups with high growth potential, particularly those led by passionate founders. The firm primarily targets the technology sector but also invests in various industries including financial services, tourism, healthcare, e-commerce, and energy. CSV leverages Cradle Fund's extensive experience in supporting early-stage ventures, providing not only financial backing but also operational guidance to help start-ups grow within Malaysia and expand internationally. By fostering innovation and entrepreneurship, CSV aims to be a key player in the evolving landscape of the start-up ecosystem in Malaysia and beyond.

Norman Matthieu Vanhaecke

Acting CEO

Past deals in Malaysia

MoneyMatch

Series A in 2021
MoneyMatch is a FinTech startup that specializes in facilitating cross-border international payments and remittances, offering a service that is cheaper, faster, and more convenient than traditional banking methods. Initially launched in Malaysia, the company has expanded its operations to Australia and plans further growth within Southeast Asia. Over the past 1.5 years, MoneyMatch has successfully processed over MYR 260 million in transactions, enabling money transfers from Malaysia to more than 70 countries. By focusing on small and medium enterprises (SMEs), MoneyMatch provides a community-based payment transfer system that allows users to exchange money globally at competitive processing fees and favorable exchange rates, ensuring secure financial transactions.

MoneyMatch

Seed Round in 2019
MoneyMatch is a FinTech startup that specializes in facilitating cross-border international payments and remittances, offering a service that is cheaper, faster, and more convenient than traditional banking methods. Initially launched in Malaysia, the company has expanded its operations to Australia and plans further growth within Southeast Asia. Over the past 1.5 years, MoneyMatch has successfully processed over MYR 260 million in transactions, enabling money transfers from Malaysia to more than 70 countries. By focusing on small and medium enterprises (SMEs), MoneyMatch provides a community-based payment transfer system that allows users to exchange money globally at competitive processing fees and favorable exchange rates, ensuring secure financial transactions.

TheLorry

Series B in 2019
TheLorry is an online platform based in Malaysia, established in 2014 by Nadhir Ashafiq, that facilitates lorry bookings and reservations, providing users with price-fixed quotations. The company connects individuals and businesses with professional movers and drivers, ensuring the safe and secure transportation of goods. Its range of services includes home and office relocation, furniture disposal, lorry rental, cross-border relocation, and bulky item delivery. TheLorry also offers additional services such as packing, wrapping, assembly, and disassembly upon request. By partnering with reputable vendors, the platform emphasizes safety and customer satisfaction, allowing users to assess experiences through reviews. Its comprehensive vendor network and commitment to friendly customer service contribute to its growing portfolio in the logistics industry.

HealthMetrics

Seed Round in 2018
HealthMetrics is a cloud-based enterprise HR solution based in Subang Jaya, Selangor, Malaysia, specializing in the management of employee healthcare benefits. Founded in 2015, the company connects organizations with over 3,000 healthcare partners across the country, enabling businesses to gain insights into employee health and implement targeted health promotion initiatives. By streamlining the complexities of employee healthcare plans, HealthMetrics empowers HR teams to transition from administrative roles to strategic leaders in employee health management. The platform enhances HR efficiency through employee self-service and provides seamless connectivity to healthcare providers, offering real-time data analytics to facilitate informed decision-making. Additionally, HealthMetrics allows HR departments to quickly implement supplementary benefits, such as dental and vision care, thereby delivering a comprehensive and cost-effective solution for managing essential employee medical benefits.
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