Gobi Partners invests undisclosed amount in SkyeChip in boost to Malaysia’s IC chip design ambitions

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Gobi Partners invests undisclosed amount in SkyeChip in boost to Malaysia’s IC chip design ambitions - Digital News Asia

Quick Summary:

Funds will support talent growth, expansion, and working capital

Gobi’s investment underscores SkyeChip’s rapid growth in the chip design market Asian Venture Capital firm, Gobi Partners, based in Malaysia and Hong Kong, has invested an undisclosed amount in SkyeChip, a rapidly growing semiconductor integrated circuit (IC) design company based in the heart of Malaysia's semiconductor ecosystem, Penang.

It added that the move aligns with Khazanah’s Dana Impak mandate to support Malaysian companies contributing to technological innovation, social mobility, and long-term economic resilience through the enhancement of Malaysia’s semiconductor and advanced manufacturing ecosystem.