MARii targets RM200mil investment by 2022

KUALA LUMPUR: The Malaysia Automotive, Robotics and IoT Institute (MARii) is targeting up to RM200mil in investment commitments from venture capitalists by early 2022 for potential start-ups and small and medium-sized enterprises (SMEs).

MARii chief executive officer Datuk Madani Sahari said many start-ups and SMEs faced difficulties in securing funding because they did not have the track record to justify it.

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