We are one of the longest standing Pan-Asian venture capital firms in the region - dedicated to supporting entrepreneurs in emerging and underserved markets.
We believe that great entrepreneurial talent is evenly distributed across the globe, but access to opportunity is not.
Gobi’s mission is to help close this gap because we need every entrepreneur to join the fight against the world’s most pressing problems.
We are not the loudest or the flashiest, but just like the entrepreneurs we back and the partners we work with, we are doers, not talkers. Just like them, we are risk takers. We shrug off skepticism and forge our own path.
Throughout our history, we have been pioneers who set the trail for others to follow.
In 2002, Gobi was one of the first international venture firms to set up operations in Shanghai and helped build out the tech ecosystem when China was still an emerging market. In 2007, Gobi was the first international VC firm to raise a local currency RMB fund with the Tianjin Government.
Our invested companies include 36Kr (NASDAQ:KRKR), Dianwoda (acquired by Cainiao), Teambition (acquired by Alibaba), Tuniu.com (NASDAQ:TOUR), and Urban Revivo (acquired by HLA).
In 2010, Gobi was the first China-based venture firm to set up a fund in Singapore to back local startups in SE Asia. Gobi’s approach to bridging the funding gaps across these underserved markets involve local partnerships combined with our regional platform.
We were the first movers to set up early funds with country governments -
- In 2010, with the Singaporean Government (now Infocomm Media Development Authority) -- the Singapore Fund
- In 2015, with the Malaysian Government via venture capital company MAVCAP and sovereign wealth fund Khazanah Nasional Berhad -- the Gobi-MAVCAP ASEAN SuperSeed Fund
Today, our firm has seven funds dedicated to the ASEAN startup ecosystem. Invested companies include: Aerodyne, Carsome, Deliveree, EasyParcel, Hermo (acquired by iStyle - 3660:Tokyo), Mainspring Technology (strategic investment by ByteDance), and ViSenze.
In 2016, Gobi was the first regional venture firm to set up a dedicated investment team to back entrepreneurs in Hong Kong. Our Hong Kong fund produced its first Unicorn - logistics startup GoGoVan, in 2017. Other current unicorns in our portfolio include cross-border financial startup, Airwallex, and FinTech startup, WeLab.
In 2019, Gobi was the first Asian venture firm to launch a fund for Pakistan. Shortly after we established the Fund, Airlift, our first investee, raised US$ 12 M, the largest Series A round in Pakistan’s history to date.