Behold the Unicorn: Southeast Asia’s largest used-car platform Carsome raises US$200 million; cements position as Malaysia’s first and largest tech unicorn
The Series D2 round is the largest equity investment in Carsome’s history and brings their total valuation to US$1.3 billion; it includes the participation of one of the largest sovereign wealth funds in the region and a pool of new international investors as well as existing shareholders including Gobi Partners.
Airlift Raises Largest Series B Round in Pakistan
The startup raised a US$85 million Series B round, at a valuation of US$275 million.
AirAsia’s Teleport Acquires DeliverEat for US$9.8 M
DeliverEat strengthens Teleport’s delivery service and becomes part of the AirAsia super app, while Gobi joins Teleport’s cap table.
Airwallex Seeking Funding at US$3.5 – US$4 B Valuation
Just five months after reaching a US$2.6 billion valuation, Airwallex is seeking to raise funds at a US$3.5 – US$4 billion valuation.
Wapi Pay Raises US$2.2 M Pre-Seed Round
B2B payments gateway Wapi Pay’s pre-seed round is one of Africa’s largest, and will fund license applications and expansion across Africa.
Deeptech Startup Aerodyne to Join Petronas Future Tech 2.0 Accelerator
Malaysia’s Aerodyne was selected to participate in Petronas FutureTech 2.0, an intensive tech accelerator program led by the national oil company.
8 September 2021 – Pakistani Startups: The Next Big Thing Virtual Conference
Catch Thomas G. Tsao, our Founding Partner, at the upcoming Paklaunch.com conference! Don’t miss this 90-minute event that explains everything you need to know about investing in Pakistan. Register (HERE)
9 September 2021 – Asia Tech Startup Day: Accelerating Digitalization with Alibaba Cloud
Thomas G. Tsao will be speaking in the first-ever Alibaba Cloud Event! Explore the range of Alibaba Cloud products loved by startups, exciting sessions, user success stories, support programs, and its partners. Register (HERE)
9 September 2021 – She Loves Tech: Thailand, Vietnam, and Cambodia Pitch Day
Together with Gobi, watch 10 startup finalists from Thailand, Vietnam, and Cambodia pitch for a chance to advance to the Global Semi-Finals against 50+ countries at She Loves Tech, the world’s largest startup competition for women and technology! Register (HERE)
18-19 October 2021 – Asia Gender-Smart Investing Forum
Presented by Gobi Partners co-organized with UN Women, featuring regulators, executives, entrepreneurs, and investors, the forum will demonstrate the business case for ESG and gender smart investing, detail the tools and frameworks available, and share learnings and insights from successful industry leaders across Asia in creating more gender-inclusive businesses. Register (HERE)
And that’s all for now, folks! Check out further news and updates from us via LinkedIn, Twitter, Instagram, and Facebook or stop by our Website for more information.
