Capital Provider (LP)

PETRONAS Ventures

Kuala Lumpur, Malaysia

Overview

Corporate venture capital arm of PETRONAS (formerly PETRONAS Corporate Venture Capital), established 2019 with an initial US$350 million fund (later expanded) investing in startups across Industry 4.0, advanced materials/specialty chemicals, and future-of-energy.

Key Facts

Type: Corporate Venture Capital
Geography focus: Global via two regional arms: North America/Europe (Piva Capital) and APAC/MENA (Twin Towers Ventures), anchored in Malaysia

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Last updated July 27, 2026