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The Venture Codex

Jelawang Capital

Level 10, ILHAM Tower, 8, Jalan Binjai, Kuala Lumpur, Kuala Lumpur, 50450, Malaysia

Overview

Jelawang Capital is a venture capital ecosystem that invests and supports startups.

Total investments
1
Lead investments
0
Investments · 12mo
1
Active investors
0

Sector focus

  • Financial Services
  • Impact Investing
  • Venture Capital
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Investment portfolio

  • Aonic (Formerly Poladrone)

    Participated · Series A · Mar 2026

    Founded in 2016, Aonic designs, engineers, and manufactures its own drones and proprietary software to modernise agriculture and industrial operations. Its field-ready spraying drones can raise farmer incomes by 50%, boost output by about 54%, and cut water used for spraying by roughly 75% compared with manual methods. The company complements its hardware with training, financing (Aonic Flex), and agri-input retail, and it maintains more than 50 sales, service, and spare-parts centres across Southeast Asia for after-sales support. Aonic’s drones are already deployed in over 15 countries for agriculture, plantation management, inspection, and other industrial services. Internal figures show the firm has grown at a triple-digit CAGR since 2022, exceeded USD 60 million in annual revenue, and turned profitable in 2023. Looking ahead, Aonic plans to deepen R&D, expand manufacturing capacity in Malaysia, and broaden its global reseller and distributor network to take its Malaysian-built drone ecosystem worldwide.

Team

No current team members are available.