Nazrin Hassan head of Malaysian VC Cradle Fund dies from phone blast

Last Updated: Thu, Jun 21, 2018 17:33 hrs
Nazrin Hassan

Nazrin Hassan, the Group CEO of Cradle Fund, a Malaysian Finance company, is no more. Hassan an entrepreneur himself had been with Cradle for 15 years, promoting and supporting early-stage funding for technology startups.

45 year old Hassan, according to his bio on Linkedin, had a masters in Law, and was associated with various venture development exercises.

Cradle Fund, owned by the Malaysian Ministry of Finance helps fund tech entrepreneurs and startups. He also worked with CIMB, a banking and financial services entity in Malaysia briefly at the start of his career.

Sadly, Hassan's untimely death was owing to a tragic phone-blast.

One of Hassan's smartphones exploded while being charged next to his bedside. The two versions related to death suggest that either the fire quickly from the phone explosion caught onto his mattress and spread to the room, leading to his death. An alternate version says that a part of the exploded phone hit Hassan on the back of his head, leading into a "trauma" and then death.

The cops confirmed that Hassan died of smoke inhalation after being trapped in a bedroom fire.

Hassan's brother in law too confirmed in a social media post that it was the fire that might have lead to his death.

Although Hasan had two phones, the cops are finding which one burst, and then lead to the tragic death. The brother in law said one of the phones was a Blackberry, and the other was a Huawei.

"We don't know which one exploded. Who would have thought such an innocuous routine procedure is the reason three young kids will grow up without their father by their side," he shared on social media.

Hassan is survived his wife and three children.

Cradle Fund released an official statement, that read, "The post-mortem report concluded the cause of death as being complication of blast injuries attributable to an exploding hand phone that was being charged next to him."

"Cradle has lost a passionate, innovative and humble leader and the startup community has lost an inspiring leader. His vision and love for innovation will always be at the core of what we do. Nazrin loved his work, but his greatest love was for his wife and children," added the statement.

Cradle's COO Razif Aziz said, "Cradle has lost a visionary and creative genius, and the world has lost an amazing human being. Those of us who have been fortunate enough to know and work with Nazrin have lost a dear friend and an inspiring mentor."

Juliana Jan, Chief Investment Officer at Cradle, added, "We are deeply shocked and saddened by this news. Having worked with him for many years, his vision and passion have brought endless possibilities to not just Cradle, but to the start-up ecosystem. He touched and inspired us, the Cradle family, along with many startup founders, investors and partners. He was one-of-a-kind leader and visionary who made an incredible mark in the start-up ecosystem. Our thoughts and prayers for his wife and children."

More from Sify: