February 19 – ViSenze, an AI company powering visual commerce (US$20 M, Series C)
June 11 – HomeCourt, an AI-powered basketball training app (US$8.5 M, Series A)
July 16 – EasyParcel, an e-commerce and parcel delivery platform (US$10.6 M, Series B)
Sandbox VR, US$68 M (Series A) The company will be using the funds to open new VR experiences in New York, Tokyo, and other locations. READ MORE
Winners Key, Undisclosed (Series A+) The round will be used for developing and optimizing their online tutoring and childcare platform “Tolele”. READ MORE
Nuren Group, Undisclosed (Series A+) The platform seeks to strengthen their presence in the Thai market, to grow user acquisition, improve the user experience. READ MORE
MariaHealth, Undisclosed (Seed) MariaHealth will be using the funding to scale in the Philippines and increase their advantage of being a first-mover in the market. READ MORE
Kr Space, US$145 M (Undisclosed) Proceeds went to launching their new business strategy of making the company into a full life-cycle enterprise office service provider. READ MORE
Glints, US$6.8 M (Series B) The company will be using the funds to expand to Vietnam and Hong Kong. READ MORE
Nosh, US$1.7 M (Pre-Series A) This latest round of funding was led by an undisclosed European investor, with participation from the Alibaba Hong Kong Entrepreneurs Fund. READ MORE
March 29 – The Pakistani Fund
Gobi partnered with Pakistani-based Fatima Ventures to launch a US$20 M fund dedicated to supporting early-stage tech startups in Pakistan. The announcement was made at the Pakistan-Malaysia Business and Investment Roundtable held in Islamabad on 22 March, which was attended by Pakistani Prime Minister Imran Khan and Malaysian Prime Minister Tun Mahathir bin Mohamad.
Watch a video of the announcement here.
June 18 – Malaysia SuperSeed II Fund
Teaming up with existing Limited Partner MAVCAP and new Limited Partner Sunway Group, Gobi launched our latest early-stage Seed fund, Malaysia SuperSeed II Fund (“the Fund”), which has a size of US$10 M and is focused on financing Seed to Pre-Series A startups in Malaysia. The Fund is building off the success of the ASEAN SuperSeed Fund, which was launched in late 2016; several promising startups such as Carsome, Jirnexu, AVANA, and Zoom all received funding from this previous vehicle.
ASEAN: Next Generation
Thai Venture Partner Shannon Kalayanamitr featured in Bloomberg exploring Thailand’s incredible rise in the internet economy through a new and younger consumer class. Watch the full story here.
Michael Zhu: Which Comes First in Fintech — Finance or Tech?
Managing Partner Michael Zhu talks about the relationship between Finance & Technology at the FUS Fintech Summit 2019 held in Beijing. READ MORE
Kay Mok Ku: The Future of Venture Capital
Managing Partner Kay Mok speaking at the Venture Capital panel at the SuperReturn Emerging Market Conference, Amsterdam on 26 June. READ MORE
IslamicMarkets.com placed first on Pitch Pit TaqwaTech Competition
In conjunction with Malaysia Tech Week 2019, Gobi hosted a pitching competition with a grand prize for up to US$1 Million. READ MORE