Funding round
Malaysia Aviation Group Growth
Reported as "Growth Equity"
Malaysia Aviation Group, which works in airline operations and management in Petaling Jaya, raised $890M in a Growth round announced on 22 Feb 2021, led by Khazanah Nasional. 1 firm took part.
$890M
Amount raised
3,600,000,000 MYR converted
Not disclosed
Post-money valuation
1
Investors
1 lead
Valuation
What this round says about the price
Malaysia Aviation Group did not disclose a valuation in this round. No later venture round is on record for Malaysia Aviation Group.
Malaysia Aviation Group's funding rounds
This is the only venture round on record for Malaysia Aviation Group.
- Growth this round 22 Feb 2021, led by Khazanah Nasional $890M
Investors
Who put money in
Khazanah Nasional led the round.
Lead investor
- backs 12 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to scaling operations and working capital.
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time: 1 in Airline Companies, then Growth rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Zipline Airline Companies | 30 Jun 2021 | $250M | $2.75B | Baillie Gifford |
| Tech Companies | 10 Feb 2021 | $400M | not disclosed | Clearlake Capital Group and Siris Capital Group |
| Online Marketplace | 19 Feb 2021 | $276M | not disclosed | PS Alliance |
| Online Marketplace | 24 Feb 2021 | $191M | $840M | Korelya Capital |
| Tech Companies | 17 Feb 2021 | $150M | $9.50B | Abdiel Capital Advisors and Tiger Global |
| Bicycle Shops, Parts & Accessories | 4 Feb 2021 | $150M | not disclosed | not named |
| Dr. Tyler Austin Podiatrists | 11 Feb 2021 | $150M | not disclosed | Francisco Partners |
| Employment Agencies & HR Consulting | 22 Feb 2021 | $120M | not disclosed | 3i Group |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Malaysia Aviation Group raise in its Growth round?
Malaysia Aviation Group raised $890M in its Growth round, announced in Feb 2021.
Who led Malaysia Aviation Group's Growth round?
Khazanah Nasional led it.
What was Malaysia Aviation Group's valuation at the Growth round?
It was not disclosed.