Malaysia Venture Capital Management Berhad (MAVCAP) is Malaysia's largest venture capital in the technology space. Established in 2001 to develop the venture capital industry in Malaysia, the company has evolved from a local government funded agency into a regional self-funded VC with private sector partnerships.As a government backed VC, MAVCAP has been fulfilling its mandate by creating local VC talents, creating more local VC companies, attracting more foreign VCs and funding into Malaysia, thus creating a bigger pool of funds available for competitive local companies.