Xelia has always been in Malaysia’s funding ecosystem, starting her stint with Malaysia Debt Ventures Berhad (“MDV”), a 100% owned entity of the Ministry of Finance that provides technology-related project funding. During her time with MDV, she was instrumental in bringing in an international games development company to set up a world-class games development centre in Malaysia. She was also hired by Bank Simpanan Nasional (”BSN”)(Malaysia’s National Savings Bank) to manage an RM200m Creative Industry Fund.

Xelia’s last role as the Vice President of Investment and Head of Angel Tax Incentive in Cradle Fund Sdn Bhd (“Cradle”), an early-stage technology start-up funding agency, saw her facilitating the funding of 185 entrepreneurs. Some of them raised in total close to RM90m from both local and foreign investors. She has since left Cradle and joined ScaleUp Malaysia, a growth stage accelerator overseeing investor relations and partnership securing investments for both ScaleUp Malaysia and its portfolio of companies. Besides ScaleUp Malaysia, Xelia is also the Treasurer and council member of the Malaysian Business Angel Network (“MBAN”), the national association of angel investment of Malaysia. She has also recently been appointed as a member of the Women Entrepreneur Committee of the KL and Selangor Chinese Chamber of Commerce and Industry.

Position
Managing Partner of ScaleUp
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Xelia Tong