2021 marked the awakening of exciting new markets in Asia like the Philippines, Pakistan and Malaysia, with Gobi portfolio companies reaping the benefits of accelerated digitization. Gobi startups raised US$2.5 billion in 2021, 10x more than 2020, and 46x the US$54 million we deployed across our markets. Our stable of unicorns almost doubled to 9 (2021: 4 new unicorns).
But we’re not stopping there: 2022 will see new funds, markets, and LPs driving the Gobi portfolio forward.