Newsletter | January 2022

31 January 2022

Newsletter | January 2022
2021: A Year in Review
In 2021, the Gobi portfolio raised $2.5 billion, almost doubling our number of unicorns to 9 (2021: 4 new unicorns) and saw 4 exits resulting in US$28 million returned to LPs. 34 startups joined Gobi, including the female-founded CloudEats, PolicyStreet and Udhaar Book.
Carsome’s Series E brings pre-IPO valuation to US$1.7 B
Carsome’s US$290 million Series E was led by Qatar Investment Authority, 65 Equity Partners and Seatown Private Capital Master Fund.
Animoca Brands’ Latest Raise Takes Valuation to US$5.4 B
The new funds of nearly US$360 million more than doubles the NFT leader’s previous valuation of US$2.2 billion from October 2021.
Gobi-Core Joins Etaily’s US$4.3 M Seed Extension
E-commerce-enabler Etaily banked a US$4.3 million seed extension round, led by JG Digital Equity Ventures with participation from the Gobi-Core Philippines Fund.
Crowdo Raises US$5.9 M Pre-B to Drive ESG Financing
Gobi co-led the round with Ivest Capital, with additional participation from SEEDS Capital and Impact Investment Exchange.
Fatima Gobi leads Inventhub’s Pre-Seed Round
Inventhub, a secure web-based collaboration platform for electronics product development, closed a pre-seed round led by existing investor Fatima Gobi.
Sandbox VR’s Incredible Comeback
The pandemic forced Sandbox VR to cut 80% of its workforce. Less than 2 years later, Sandbox VR plans to triple its global arcade footprint in a dramatic turnaround.
Aerodyne Takes Principal Stake in AI & Analytics Firm
By backing fellow Malaysian firm Synapse, Aerodyne plans to grow operations from 30 data scientists to 500 AI engineers and data scientists within 2-3 years.
20 Years, 20 Questions: Getting Candid with Jamaludin Bujang
January’s 20 Questions features Jamaludin Bujang, the Managing Director of Gobi Malaysia. JB joined Gobi in 2019, but has supported the firm’s efforts since 2014.
Two Gobi Founders Named Startup Leaders by ORIGIN
Aerodyne’s Kamarul Muhamed and Tier One’s Alodia Gosiengfiao won Startup Leader of the Year in TechNode 2021 ORIGIN Innovation Awards.
Gobi Greater Bay Area (GBA) is looking for a Managing Director of Operations. To apply, send your resume to [email protected]. Within the portfolio, AutoX, Airwallex, and Pickupp are hiring. Follow Gobi Partners on LinkedIn for monthly updates of job vacancies.
Gobi Partners would like to wish you a Happy Chinese New Year 2022! Wishing you happiness and prosperity in the coming year, Gong Xi Fa Cai!