Jelawang Capital

𝗙𝗼𝘂𝗻𝗱𝗲𝗿 𝗾𝘂𝗮𝗹𝗶𝘁𝘆 𝗰𝗮𝗻 𝗹𝗼𝗼𝗸 𝗱𝗶𝗳𝗳𝗲𝗿𝗲𝗻𝘁 𝗮𝗰𝗿𝗼𝘀𝘀 𝘀𝗲𝗰𝘁𝗼𝗿𝘀, 𝘀𝘁𝗮𝗴𝗲𝘀, 𝗮𝗻𝗱 𝗺𝗮𝗿𝗸𝗲𝘁𝘀.

In this edition of Backing Courage, Audra Pakalnyte, General Partner at First Move, shares that a few traits often stand out: conviction in the problem, resilience through change, and the hunger to keep learning.

Building a company is rarely a straight path. Markets shift, customers change, and founders often need to adapt along the way.

That is why strong founders are not only defined by their ideas, but by how they keep building through uncertainty.

Watch the reel to hear Audra’s perspective on what investors look for in founders.

𝗕𝗲𝗵𝗶𝗻𝗱 𝗲𝘃𝗲𝗿𝘆 𝗴𝗿𝗼𝘄𝗶𝗻𝗴 𝘀𝘁𝗮𝗿𝘁𝘂𝗽 𝗶𝘀 𝗮 𝗳𝘂𝗻𝗱 𝗺𝗮𝗻𝗮𝗴𝗲𝗿 𝗵𝗲𝗹𝗽𝗶𝗻𝗴 𝗳𝗼𝘂𝗻𝗱𝗲𝗿𝘀 𝗺𝗮𝗸𝗲 𝗱𝗲𝗰𝗶𝘀𝗶𝗼𝗻𝘀, 𝗮𝗰𝗰𝗲𝘀𝘀 𝗰𝗮𝗽𝗶𝘁𝗮𝗹, 𝗮𝗻𝗱 𝗴𝗿𝗼𝘄 𝗼𝘃𝗲𝗿 𝘁𝗶𝗺𝗲.

That is why the Emerging Fund Managers’ Programme (EMP) exists.

The EMP supports Malaysian venture capital fund managers raising their first, second, or third fund.

And because building a fund takes time, applications stay open year-round.

A fixed deadline does not always match a fund manager’s journey. A rolling application allows managers to apply when they are truly ready.

Beyond funding, the EMP also helps managers strengthen the foundations needed to grow sustainably and support more startups in the future.

As Malaysia’s National Fund-of-Funds under Khazanah Nasional’s Dana Impak, Jelawang Capital is focused on strengthening the people and institutions behind the venture capital ecosystem.

Applications remain open year-round. For further information, visit our website: https://cstu.io/a69c51

𝗕𝗲𝗵𝗶𝗻𝗱 𝗲𝘃𝗲𝗿𝘆 𝗴𝗿𝗼𝘄𝗶𝗻𝗴 𝘀𝘁𝗮𝗿𝘁𝘂𝗽 𝗶𝘀 𝗮 𝗳𝘂𝗻𝗱 𝗺𝗮𝗻𝗮𝗴𝗲𝗿 𝗵𝗲𝗹𝗽𝗶𝗻𝗴 𝗳𝗼𝘂𝗻𝗱𝗲𝗿𝘀 𝗺𝗮𝗸𝗲 𝗱𝗲𝗰𝗶𝘀𝗶𝗼𝗻𝘀, 𝗮𝗰𝗰𝗲𝘀𝘀 𝗰𝗮𝗽𝗶𝘁𝗮𝗹, 𝗮𝗻𝗱 𝗴𝗿𝗼𝘄 𝗼𝘃𝗲𝗿 𝘁𝗶𝗺𝗲.

That is why the Emerging Fund Managers’ Programme (EMP) exists.

The EMP supports Malaysian venture capital fund managers raising their first, second, or third fund.

And because building a fund takes time, applications stay open year-round.

A fixed deadline does not always match a fund manager’s journey. A rolling application allows managers to apply when they are truly ready.

Beyond funding, the EMP also helps managers strengthen the foundations needed to grow sustainably and support more startups in the future.

As Malaysia’s National Fund-of-Funds under Khazanah Nasional’s Dana Impak, Jelawang Capital is focused on strengthening the people and institutions behind the venture capital ecosystem.

Applications remain open year-round. For further information, visit our website: https://cstu.io/a69c51

Jelawang Capital merafak sembah ucapan setinggi-tinggi tahniah ke bawah Duli Yang Maha Mulia Seri Paduka Baginda Yang di-Pertuan Agong Sultan Ibrahim sempena Sambutan Ulang Tahun Hari Keputeraan Rasmi Kebawah Duli Yang Maha Mulia Tuanku pada 1 Jun 2026 bersamaan 15 Zulhijjah 1447H.

Daulat Tuanku.

𝗝𝗲𝗹𝗮𝘄𝗮𝗻𝗴 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝘄𝗶𝘀𝗵𝗲𝘀 𝗮𝗹𝗹 𝘄𝗵𝗼 𝗮𝗿𝗲 𝗰𝗲𝗹𝗲𝗯𝗿𝗮𝘁𝗶𝗻𝗴 𝗮 𝗽𝗲𝗮𝗰𝗲𝗳𝘂𝗹 𝗮𝗻𝗱 𝗺𝗲𝗮𝗻𝗶𝗻𝗴𝗳𝘂𝗹 𝗪𝗲𝘀𝗮𝗸 𝗗𝗮𝘆.

May this occasion inspire compassion, reflection and greater understanding among communities, as we continue to build a more caring and harmonious society together.

Harvest season brings families and communities together through food, music, traditions, and shared celebrations.

Jelawang Capital wishes everyone celebrating Kaamatan and Gawai a meaningful and joyful festive season with family and loved ones.

Kotobian Tadau Tagazo Do Kaamatan & Selamat Hari Gawai🌾✨

𝗩𝗮𝗹𝘂𝗮𝘁𝗶𝗼𝗻 𝗜𝘀 𝗮 𝗧𝘄𝗼-𝗪𝗮𝘆 𝗖𝗼𝗻𝘃𝗲𝗿𝘀𝗮𝘁𝗶𝗼𝗻.

At the IWD 2026 panel session, Yuki Aizawa from Women in Tech Global Movement and Amnah Shaari from Serunai Commerce shared a clear reminder for founders and investors: valuation is not simply a number placed on a business.

It needs to be discussed, explained, and supported.

For founders, that means knowing how to explain the value of the business, its growth potential, and the reason behind the number they are asking for.

For investors, it means being clear about what they are looking for and how they see the business growing.

When both sides understand each other, valuation becomes more than a negotiation. It becomes a conversation grounded in trust, evidence, and realistic growth.

As we observe Hari Raya Aidiladha, Jelawang Capital extends our warmest wishes to all celebrating across Malaysia and around the world.

This meaningful occasion reminds us of the importance of sacrifice, compassion, and unity in building a stronger future together.

May this Hari Raya Aidiladha bring peace, joy, and togetherness to you and your loved ones.

Jelawang Capital wishes you a blessed Hari Raya Aidiladha.