Malaysia-based venture capital firm Vynn Capital, has renewed its partnership with DHL Express, the international express service provider, to jointly support the development and growth of local small and medium-sized enterprises (SMEs) by elevating their visibility and reach.

Vynn Capital said in a statement on Tuesday that under the memorandum of understanding (MoU), both companies will implement a go-to-market strategy for homegrown businesses that leverages Vynn Capital’s expertise in nurturing startups and DHL Express’s logistics capabilities.

Initiatives are underway including SME engagement and capacity-building events that provide guidance and exposure opportunities for SMEs to scale effectively.

Moreover, the MOU ensures that these companies can exchange industry insights through networking opportunities.

“SMEs remain the backbone of economies worldwide. The ecosystem grows with the readiness of larger companies in bridging the resource and knowledge gap,

“Amidst an increasingly globalized landscape, expanding internationally is key to ensuring business resilience and sustainability,” said Victor Chua, Founding and Managing Partner of Vynn Capital.

“We look forward to working closer with DHL Express to empower Malaysia’s burgeoning entrepreneur community,” he added.

The new agreement builds upon ongoing cooperation under the GoTrade program, established by DHL Group in 2020 to assist export-led growth for micro, small, and medium enterprises (MSMEs).

Vynn Capital was part of the inaugural cohort of supporting partners in Malaysia, each representing a stage of the globalization journey, from financing and branding through to e-commerce enablement.

With its strong track record of shaping high-value startups in the supply chain and mobility sector, Vynn Capital is well-positioned to continue driving SME innovation and transformation.

“This collaboration marks a significant step forward in our collective mission to help SMEs take their products and services to the world,” said Julian Neo, Managing Director of DHL Express Malaysia and Brunei.

“By combining Vynn Capital’s growth expertise and our trade experience, we can facilitate successful forays into foreign markets,

“Together, we can unlock the full potential of small businesses in Malaysia and contribute towards greater economic prosperity for the country,” he added.

Vynn Capital is an industry-focused early-stage venture capital firm founded to bridge the gap between traditional industries and new economies through the development of technology.

The firm’s investment philosophy revolves around the creation of synergistic value between portfolio companies and companies within its ecosystem.

Beyond investing, Vynn Capital assists its Limited Partners in understanding new industries and markets with its localized team and network across the major cities
of Southeast Asia.

DHL is part of DHL Group. The group generated revenues of approximately 84.2 billion euros ($96.15 billion) in 2024.

With more than 220 countries and territories worldwide, the firm offers logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management.

DHL Group aims to achieve net-zero emissions logistics by 2050.

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