Hive Data

The enabler for the fourth industrial revolution by digitalising Southeast Asia

The Hive Southeast Asia launched in 2021 and is led by Syed Haizam Jamalullail and Shahril Ibrahim, headquartered in Kuala Lumpur, Malaysia.

The Hive Southeast Asia is a partnership between The Hive (USA), Tuas Capital Partners, Sunway Group, and Penjana Kapital to co-create, fund, and launch startups in Malaysia and/ or Southeast Asia based on specific themes focused on applications and use cases in functional areas of enterprises.

The Hive Southeast Asia is one of the selected Venture Capital fund managers for the Malaysia Government’s Penjana Economic Stimulus Recovery Plan – Dana Penjana Nasional; an RM600 million investment fund set up by the Government of Malaysia for venture capital firms to invest in start-ups. This amount will be matched on a 1:1 basis in a private/public partnership.

We invest in innovative early-stage companies that will drive economic recovery by harnessing the power of innovation to digitalize businesses, predominantly in the Agritech, Edutech, Fintech, Greentech, Healthtech, and Smart Governance Spaces.

Meet The Team

SYED HAIZAM JAMALULLAIL

Managing Director at Tuas Capital Partners and The Hive Southeast Asia

SHAHRIL IBRAHIM

SHAHRIL IBRAHIM

Former Director and Head of Americas, Khazanah

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Syed Haizam Jamalullail is currently the Managing Partner of both Tuas Capital Partners and The Hive Southeast Asia, a Co-Creation and Seed Fund Management Company. He was previously the Investment Director of KFM Advisory Sdn. Bhd. (formerly KAF Fund Management Sdn. Bhd.). His directorships in a few private companies include Segi Value Holdings Sdn. Bhd., the operator of a wholesale hypermarket chain under the brand name, “Segi Fresh,” throughout Selangor and the Greater Klang Valley and Srivijaya Sdn. Bhd., the owner of the Cold Stone Creamery F&B franchise for Malaysia. In addition, Syed Haizam is an Independent Non-Executive Director of Universiti Putra Malaysia (UPM) and Non-Executive Chairman of Putra Business School.

Syed Haizam had previously spent 3 years in the investment industry primarily working for F&C Investments in London as a Governance and Sustainable Investment Analyst covering the ASEAN Region. Roles involved in-depth ESG (environmental, social, and governance) and financial analysis on public companies and their sectors for F&C’s sustainable equity and debt investment funds and the engagement of multinational companies in relation to ESG issues. He was also a key member in setting up F&C’s first Shari’a fund. Syed Haizam was also attached to Naqiz & Partners for a year, a corporate and commercial legal firm in Kuala Lumpur.

Syed Haizam is currently on the Board of Trustees for Yayasan Raja Muda Selangor, established by HRH Sultan of Selangor in 2000 to help youth who are not academically inclined but have hidden skills and talents which can be nurtured and also of the Selangor Youth Community (SAY), a non-profit entity that strives to foster interest and increase participation of Selangor Youth through community-based initiatives. He was also the Vice-President of the Malaysia-America Foundation, a non-profit, non-political and non-partisan organization dedicated to the development of people-to-people relations between Malaysia and the United States.

Shahril Ibrahim was a Director of Investments for Khazanah and started the fund’s presence in Silicon Valley. As a founding member and Head of Khazanah Americas, he built a strong network and platform for investments in Silicon Valley and recruited a world-class team with technology, finance, and investments backgrounds for evaluating technology companies. Investments included direct and fund opportunities with a focus on growth companies in enterprise, cloud, SAAS, software, and consumer technologies.

His career reaches across the fields of venture capital, technology, and media. As an innovator, he was the Head of technology for Boss Films and pioneered digital filmmaking and visual effects. As a technologist, he worked at NASA Ames on computer vision and autonomous flight and has founded two Internet startups. A longtime resident of California, Shahril has a strong network among fund managers, entrepreneurs, and technologists in Silicon Valley.

He was on the Advisory board for March Capital Partners Fund 1 and 2 and a Board Member for General Fusion, a leading Vancouver-based Fusion energy company. Shahril has an interest in deep technology including AI, ML, robotics, and Blockchain. He is interested in how companies can use disruptive technologies for digital transformation and how some of these technologies could affect the future of work. He has a double degree in Engineering and Economics from Harvey Mudd College and a Masters in Computer Science from the University of Southern California.