Summary
- Digital Penang and OSK Ventures sign one-year MoU.
- Partnership focuses on AI, Hardtech and Deeptech startups.
- Initiative improves access to venture debt and equity financing.
- Supports Penang’s innovation and technology ecosystem.
GEORGE TOWN, June 30 — Digital Penang and OSK Ventures International Berhad have signed a one-year Memorandum of Understanding to improve financing access for startups and SMEs.
In AI, Hardtech and Deeptech sectors. The collaboration aims to connect high-potential companies with venture debt and equity funding.
While strengthening investment readiness and commercialisation. Penang Infrastructure, Transport and Digital Committee chairman Zairil Khir Johari said the initiative supports the state’s ambition.
To become a leading hub for advanced technology, innovation and high-value industries.
