With an accelerated interest in Pakistan‘s ecosystem, we are happy to announce CDC Group, a leading financial institution from the United Kingdom has become our anchor investor in Fatima Gobi Ventures Techxila Fund I. Despite a global pandemic, foreign funds have accounted for over 70% of Pakistan’s total VC funding in 2020 – 2021.
The newly injected funds will boost Fatima Gobi Ventures’ investments in early-stage tech companies all across Pakistan. This continues to affirm our beliefs that Pakistani startups are indeed world-class; they are here and they are here to stay.