VENTURETECH INVESTS RM28 MLN TO BOOST MALAYSIA’S CYBERSECURITY, DIGITAL RESILIENCE

KUALA LUMPUR, Feb 19 (Bernama) -- Government-backed impact investment firm VentureTECH Sdn Bhd has invested RM28 million into Delta Spike Asia Sdn Bhd and IX Telecom Sdn Bhd, reinforcing Malaysia’s cybersecurity and cross-border digital infrastructure capability.

In a statement, it said the investment in Delta Spike will support the continued development of Delta Spike’s cybersecurity platform, strengthen operational capacity, and support regional expansion, reinforcing Malaysia’s cybersecurity ecosystem amid increasingly complex digital threats.

As for the investment into IX Telecom, it said this will support IX Telecom’s regional scaling and platform commercialisation, strengthening Malaysia’s position as a regional digital connectivity hub while enabling enterprises to access seamless cross-border connectivity.

VentureTECH chief executive officer Ahmad Redzuan Sidek said these investments reflect the company’s focus on building strong, Malaysian-owned companies that address real industry needs and are positioned to scale sustainably.

“Both Delta Spike and IX Telecom operate in sectors that are critical to national resilience -- from strengthening cybersecurity readiness to enabling seamless digital connectivity across borders.

“By supporting bumiputera-owned companies with clear commercial pathways and scalable capabilities, VentureTECH plays a catalytic role in strengthening Malaysia’s long-term capacity, while positioning local companies to compete regionally and globally,” he said.

VentureTECH, a wholly owned subsidiary of the Malaysian Industry-Government Group for High Technology (MIGHT), was established to catalyse the growth of local industries, particularly bumiputera, in the high-value-added and high-technology industries through equity investment. 

-- BERNAMA