SAFE agreement and convertible notes in Malaysia update

Earlier this week at the Malaysia Venture Forum 2023  the SC chairman said that an exemption will be introduced to further clarify the use of the Simple Agreement For Future Equity (‘SAFE’) agreements and convertible notes by investors investing in local startups in Malaysia.  To summarise, SAFE notes including convertible notes are the usual funding…

Five things startups have to know before raising funds

There are several things that founders should know before raising funds for their startup. 1. Understand the different types of funding available. Selling your company’s shares in exchange for money is just one usual way of raising funds. There are various ways to raise capital, including debt financing, equity financing, or even crowdfunding (see Oxwhite’s…