Penang marked a milestone today with the curated launch of Lift-Off with PSD@5KM+, an exclusive event connecting 12 Penang-based IC design companies with 6 Venture Capital (VC) and Private Equity (PE) firms, 3 government agencies/government linked investment companies (GLICs) and over 30 multinational corporations (MNCs) to unlock funding, business opportunities, and strategic collaborations.