Gobi Partners to launch $10m Malaysia-focused microfund

Gobi Partners to launch $10m Malaysia-focused microfund

Gobi Partners co-founder and managing partner Thomas Tsao at DEALSTREETASIA's Asia PE-VC Summit 2016 in Singapore.

17 June, 2019

Shanghai and Kuala Lumpur-based venture capital firm Gobi Partners is launching a $10-million fund to support early-stage startups in Malaysia.

Printed by Unregistered user on Tue, 05 Nov 2024 03:24:41 GMT

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief

Subscribe to Newsletter

Related Stories

Venture Capital

Jamaludin Bujang, former CEO of Malaysia's MAVCAP, joins Gobi Partners

Jamaludin will oversee investments and fundraising for the VC firm in Malaysia and manage a joint fund launched with Pakistan's Fatima Ventures.

Venture Capital

Why are early-stage investments abysmally low in Malaysia?

MY Security Commission 2018 annual report says investments in startups comprised only 0.8 per cent of the total funding.

Venture Capital

Malaysia's government-linked VC funds likely to be restructured

The restructuring could result in Cradle Seed Ventures shutting down, and Malaysia Venture Capital (MAVCAP) becoming a fund of funds.

MidEast travel startup Holidayme merges with KL-based Tripfez, bags $16m Series C

The Series C marks lead investor Gobi's second investment into the TaqwaTech space in 2018, after it led a $1.5-million Series A round for Pakistan-based online travel startup Sastaticket recently.