We are the corporate venture capital arm of PETRONAS, Malaysia’s global energy and solutions company.

We invest in visionary entrepreneurs with breakthrough technologies and innovative business models in support of PETRONAS’ business growth and sustainability agenda.

We also aim to be the growth accelerator partner in Malaysia to influence technology-driven startup ecosystem while serving PETRONAS business needs.

Funding Stage

Early-stage, Series A.

Sector Focus

Facilities of the Future : Robotics & Automation (AI/ ML), Sensors & vision technology (surface/ subsurface), Asset intelligence/ connected factory, Smart Maintenance & Inspection, 3D printing & in-situ manufacturing

Future of Energy: Novel energy generation, Energy efficient/ storage solutions, Smart grid, electrification, Renewables (Solar/ Wind/ Bio), Vehicle automation, Hydrogen

Specialty Chemicals and Advanced Materials: Electronic chemicals, Surfactant, Coatings, Additives (food/ feed), CO 2 to value products, Lubricants

Frontier: Green mobility, Reduction of GHG, Circular economy, Biotech, CCUS

Geographical Focus

Malaysia, Asia (managed by PTV International Ventures Sdn Bhd), North America and Europe (managed by PIVA, based in San Francisco, California, USA).


Related Sources of Capital