Cradle Fund Sdn Bhd chief executive officer Nazrin Hassan died of smoke inhalation after his room caught fire at his home in Mutiara Damansara on Thursday (June 14).
The 45-year-old leaves behind a wife and four children.
Citing a family friend, The Star reported that Nazrin had complained of a migraine this afternoon and went to bed after taking some medication.
The bed caught fire and Nazrin is believed to have died of smoke inhalation.
The Fire and Rescue Department said it received a report at 12.30pm and despatched two fire engines and 14 firemen to the scene.
They arrived at 12.46pm and the fire was put out at 12.53pm.
The cause of the fire has yet to be determined.
Cradle is a Ministry of Finance company that looks into developing entrepreneurs and the Malaysian start-up ecosystem. It was the venture capital firm that gave early funding to companies like ride-hailing pioneer Grab and fintech start-up iMoney.