Incorporated in 2003 under the Ministry of Finance Malaysia, Cradle has a strong track record of funding over 700 Malaysian tech start-ups. With its Cradle Investment Programme (CIP), the company offers not only monetary aid but also commercialization support, coaching, and other value-added services. In 2015, Cradle expanded its role from grant provider to investor through the establishment of Cradle Seed Ventures, and later expanded its portfolio to include equity investment. As a not-for-profit venture capital firm, Cradle focuses on the biotechnology, life science, material science, and growth technology sectors. Its mission is to accelerate the growth of start-up companies in Malaysia by providing effective grant and equity funding, coaching, and industry value-add. Based in Kuala Lumpur, Malaysia, Cradle Fund Sdn Bhd is at the forefront of supporting and nurturing the country's start-up ecosystem.