Newsletter | December 2022

23 December 2022





Carlo Chen-Delantar to Spearhead Gobi’s Sustainability Goals as New ESG Head

Prior to this appointment, Carlo served and continues his position as the Head of Circular Economy for Gobi ASEAN. He is also a Founding Partner for the Gobi-Core Philippine Fund (Gobi-Core), a joint-venture partnership between Gobi Partners and Core Capital investing in promising Filipino startups.
Gobi Partners Pledges Support to Global Women Empowerment Platform (OGWE)
Gobi’s contributions to OGWE will include, but not limited to, providing lived experience case studies, providing mentorship and guidance to empower women entrepreneurs as well as to host knowledge-sharing and upskilling webinars and workshops.

Gobi, Alibaba Fund and Earth VC Back Clearbot
Established in 2020, Clearbot provides AI-powered all-electric and self-driving robots which automate pollution recovery, surveillance and rescue, and goods delivery in urban waterways intelligently and without manpower. The startup will use the funds for product development and R&D to improve operational efficiency in different environmental conditions and expand further into Southeast Asia.

Aerodyne Takes Majority Stake in Brazil’s Leading Drone Inspection Player, Grupo DR1
The acquisition serves as a regional platform to launch Aerodyne’s new technology and solutions in precision agriculture, advanced air mobility, and remote and autonomous drone-based solutions.

Prenetics to Acquire ACT Genomics and Expands into Cancer Genomics
When the acquisition is completed, leveraging ACT’s R&D engines which specializes in next-generation sequencing and bioinformatics in both tissue and liquid biopsy, Prenetics will have the scientific rigor to offer tests to patients throughout their cancer journey. This will also position Prenetics solidly within the over US$80 billion global precision oncology market.


Gobi Partners Bags Three Awards in December!

PolicyStreet Takes Home Two Awards at the MVCA Annual Dinner
The Gobi portfolio company was awarded ‘Outstanding Investee Company’, while Co-founder and Chief Product Officer, Winnie Chua was recognized as 2022’s ‘Outstanding Woman Entrepreneur’.

Cantona ‘Scores’ Carsome 2022 YouTube Malaysia Ad of the Year Award
The Ad of the Year award is given to an advertisement that shows the most effective, creative, innovative, and data-driven campaign that also drove demonstrable business results. 

Lean Technologies Listed in Forbes Middle East: MENA’s Top 50 Most-Funded Startups
The Saudi-based FinTech company is an open banking technology service provider that connects companies to their users’ bank accounts to initiate instant payments and retrieves account information in the Middle East. In January 2022, the company raised US$33 million in a Series A funding round.


From Singapore to Silicon Valley, Female Founders Fight for Funds

In an interview with NikkeiAsia, our Co-founder Thomas G. Tsao and Gobi portfolio, GoWork founder Vanessa Hendriadi speak about the entrenched biases in the system and how both the industry and the founders themselves can help overcome this.
Identifying Opportunities and Addressing Gaps in Troubled Times
“Part of the overvaluation of tech companies and startups is because there are too many men. Men tend to exaggerate while women founders, it is claimed, are more practical and provide realistic evaluations,” said Gobi Co-founder Thomas G. Tsao during a panel discussion entitled “Opportunities and Risks in Troubled Times” held during Malaysia Venture Capital Management Bhd Annual Luncheon.

Desert Gold: As China Reopens, Gobi Partners Digs Deep into the Greater Bay Area 
Gobi Partners GBA Managing Partner, Chibo Tang shares his outlook on the future of China’s Greater Bay Area  which encompasses nine cities in Southern China and the special administrative regions of Hong Kong and Macau. GBA accounted for 11% of China’s GDP in 2021.

Fasset is on a Mission to Unblock the Potential of Web 3.0
Global digital asset exchange Fasset‘s CEO Mohammad Raafi Hossain talks to Gulf Today on their value proposition and creating a financial literacy series that will empower youngsters, women, and other communities to build skills to invest and earn passive income.

SHE Announces Investing US$50 Million in Three Years
The Sustainable Housing Ecosystems (SHE) is a joint consortium between Altair, Ansaar Management Company (AMC) and Fatima Gobi Ventures investee Trellis Housing Finance Limited. The US$50 million investment is aimed at providing affordable homes to the lower- and middle-income segment of the country. 


This month, our Investor Relations Manager and Diversity Lead, JJ Erpaiboon outlines why the overall VC funding system needs a change as well as the compelling results from Gobi Partners’ Case Study for Gender-Smart Investments.

Click on the banner below to have a read.


Gobi-Core Celebrates 20 Years of Gobi Partners
Gobi Partners celebrates our final 20th year anniversary dinner – this time in Manila: home to the Gobi-Core Philippine Fund and some of their most successful local startups! This celebration wraps up our 20th Year Anniversary Tour which first started in Pakistan (March), Indonesia (April), Singapore (September), Malaysia and China GBA (both in October).
Through this collaboration, both Gobi Partners GBA and Food Angel are providing nutritious meals to the less privileged communities in the city while remaining environmentally conscious by using investee company Ecoinno‘s zero plastic solution containers in replacement of traditional plastic meal boxes. #GobiCares
We are excited to be partnering with MEVCA on their first flagship event: MEVCA Investors Summit to take place on 30 January 2023!

Please register your interest to receive the latest updates on speakers,  agenda and to secure your spot:
Wishing You A Wonderful Festive Season and Prosperity in the New Year
From Gobi Partners family to yours: sending wishes of warmth, joy and peace this festive season. We thank you for your support throughout 2022 and we cannot wait to see what 2023 brings.

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