Y Combinator and Gobi Partners lead a USD 2.85 million million seed round for Durioo+

In just a year after its launch, Islamic-themed streaming service Durioo+ has closed a seed funding of USD 2.85 million (RM12.5 million). Among the investors are Y Combinator, Uncommon Capital, Gobi Partners, Lynett Capital, New Venture Order (NVO), and Innate Capital. Angel investors consisting of unicorn founders and employees of well-known companies from all over […]

Gobi Partners onboards Malaysian startups to the Gobi Superseed II Fund

Gobi Partners, the most interconnected Pan-Asian venture capital (VC) firm with USD 1.5 billion (RM6.5 billion) in assets under management has onboarded four more promising Malaysian startups to its Gobi Superseed II Fund (Gobi SSII Fund). The four firms being onboarded are Islamic-themed streaming service Durioo+, e-commerce marketplace Lapasar, earned wage access provider Paywatch and […]

TSFE and B Investments co-invest in Egypt’s healthcare sector

The Sovereign Fund of Egypt (“TSFE”) through its healthcare and pharmaceutical industries Subfund (“TSFE Healthcare & Pharma Subfund”) and B Investments Holding S.A.E. (“B Investments”), BPE Partners’ flagship investment vehicle, announce the signing of two agreements to invest over EGP 2 billion in specialized healthcare, and pharmaceuticals distribution and trade services in Egypt. The first […]

Cathay Innovation drives Industrial, societal transformation through Euro 1Bn VCF

California based Cathay Innovation recently announced the launch of its third venture capital fund, a Euro 1B global fund investing in startups accelerating the sustainable transformation of industries and society. At close, Cathay Innovation Fund III could be one of the largest multi-stage venture capital funds globally and is backed by institutional investors and multinational corporations […]