Newsletter | May 2022


7 June 2022


*|MC:SUBJECT|*
LinkedIn
Facebook
Instagram
Twitter
YouTube

Newsletter | May 2022

HEADLINES

Prenetics Becomes First Hong Kong Unicorn on Nasdaq After SPAC Deal
The merger values Prenetics at US$1.3 billion. It will raise upward of US$260 million in proceeds from the business combination in cash and trade receivables.
The acquisition is an important move that further strengthens Carsome’s market leadership in the region and reinforces its commitment to drive ecosystem expansion.
As part of the partnership agreement, Chelsea and Amber Group will collaborate on a range of partnership activities including sustainable initiatives which will focus on growing the WhaleFin brand globally.
This partnership will enable Maria Health to provide a localized health insurance offering that is seven times more affordable to Deel’s international base of clients hiring Filipino remote workers.

TOP STORIES

Pakistan Startups, the Last Massive Untapped Opportunity in the World
Gobi’s Taraec Hussein comments on Pakistan’s tech startup ecosystem which appears to have finally found its feet with a record US$352 million raised by more than 50 local startups in 2021.
VC: Venture Capitalists Jump on the Bandwagon
Partner and Head of ESG Paul Ark, shares his views on the need for ESG integration and reporting in venture capital.
Fintech Association of Malaysia Names Policystreet Co-founder as New President
Wilson was an outgoing Vice President of FAOM for the 2021/22 term and has been actively involved in growing the association as a founding member since 2016.

PROFILES

20 Years, 20 Questions: Getting Candid with Taraec Hussein
Taraec shares his journey in discovering Pakistan as a startup hub and witnessing the nascent ecosystem grow to the giant it is today.
Global VC “Ventures are now part of national economic policy”
Thomas G. Tsao speaks on the early days of Gobi Partners and where venture capital is heading both locally and globally.
Quickfire Pitches and Fireside Chat With Wilson Beh
In collaboration with Stripe, Gobi hosted a 1-minute pitching and networking session for startups and a fireside chat featuring PolicyStreet co-founder Wilson Beh who shared his experience in getting his firm to become the powerhouse it is today.

SECTOR FOCUS

Putting on ESG Investment Lens in Regional Collaboration
Thomas Tsao call for the need for an integrated environmental, social and governance investment focus during his panel session at the recently held 25th anniversary of the establishment of the Hong Kong Special Administrative Region (HKSAR) business conference, in KL.
Meet The High-Tech Urban Farmer Growing Vegetables Inside Hong Kong’s Skyscrapers
Farm66 wants to show that agriculture, combined with technology—has a promising future in cities, deserts, and even in outer space.

EVENTS

Gobi Partners 2022 Away Day
It is great to put faces to the voices after two years of remote working because of the pandemic. Our three-day-long Gobi Partners Away Day in Kuala Lumpur saw the reunion and the start of friendships for Gobi colleagues, both old and new from all around Southeast Asia.
For more latest news and updates, follow us via LinkedIn, Twitter, Instagram, and Facebook or stop by our Website for more information.