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Key people at Twin Towers Ventures.
Twin Towers Ventures (TTV) operates as PETRONAS’ corporate venture capital arm, strategically investing in disruptive technologies and entrepreneurial ventures. The firm targets early to growth-stage companies advancing a low-carbon future. Operating from Kuala Lumpur and Singapore, TTV provides capital alongside active acceleration and scaling of impactful solutions.
Established by PETRONAS in 2023, TTV emerged from an insight to integrate external technological innovations aligned with the parent company's long-term strategic vision. This structure enables PETRONAS to foster emerging industries beyond traditional boundaries. Fariz Ali, as CEO and Managing Partner, guides the firm’s investment strategy.
TTV partners with promising startups across sectors like future energy, facilities, specialty chemicals, and advanced materials. Its core vision centers on driving progress through sustainable growth and lasting impact, guided by a forward-looking purpose. The firm cultivates an innovation ecosystem across Asia Pacific and globally, shaping industries for sustainable development.
Key people at Twin Towers Ventures.
Twin Towers Ventures has 1 tracked investment across 1 company. The latest tracked deal is $111.0M Series B in Hysata in May 2024.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| May 9, 2024 | Hysata | $111.0M Series B | Anastasia Vaia, Alfred Wong | Bluescopex, Hostplus, IMM Investment, Oman Investment Authority, Posco E&C, Posco Holdings, Shinhan Financial Group, Telstrasuper, Vestas Ventures, Virescent Ventures |
