Malaysian chip-focused venture fund to invest in over 10 startups

Blue Chip founder says $209m fund helps country's semiconductor industry

20240426 Blue Chip VC founder Lai Pin Yong

Lai Pin Yong, co-founder and chairman of Malaysia's Blue Chip Venture Capital, speaks during an interview in Kuala Lumpur on April 22. (Photo by Hakimie Amrie)

NORMAN GOH, Nikkei staff writer

KUALA LUMPUR -- A new Malaysian venture capital firm focused on the semiconductor industry plans to invest in more than 10 startups through its $209 million fund, hoping to help advance the Southeast Asian country's chip industry.

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