Gobi Partners has invested in GreatAsic through multiple funds, including Gobi Dana Impak Ventures, a fund backed by Khazanah Nasional Berhad through Dana Impak, as part of GreatAsic‘s recently closed $6.9 million Pre-Series A round led by Vertex Ventures Southeast Asia and India.
In a statement of Monday, Malaysia-based venture capital firm Gobi Partners said the investment supports Dana Impak’s mandate under Khazanah’s Advancing Malaysia strategy, which aims to nurture potential Malaysian champions and strengthen the country’s semiconductor and advanced manufacturing sectors.
GreatAsic is one of three Malaysian companies conditionally selected by the Malaysian government to access Arm Holdings’ semiconductor design platforms under Malaysia’s MYR1.1 billion ($266 million) strategic partnership with England-based semiconductor firm Arm.
Proceeds from the funding round will be used to expand GreatAsic’s engineering team across Penang and Selangor, accelerate customer engagements in data centre, Edge AI, and automotive segments, and deepen its SoC IP portfolio.
Jamaludin Bujang, Managing Partner of Gobi Partners Malaysia, said the Dana Impak mandate asks the firm to look beyond financial returns and consider the long-term value an investment creates for Malaysia. High-value IC design is one of the clearest answers, with GreatAsic among the pioneers anchoring these capabilities domestically, the executive added.
GreatAsic’s founding team has held engineering and leadership roles at companies including Intel, Broadcom, Marvell Technology, Altera, Synopsys, and StarFive. The company’s capabilities span silicon architecture, custom IP development, advanced chip design, and full silicon realization from concept to production.
Global semiconductor revenue reached $795.6 billion in 2025, according to the World Semiconductor Trade Statistics organization, with PwC projecting the market will exceed $1 trillion by 2030.
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