Launch of DotZero Ventures and Collaboration with Founder Institute

DotZero – Pakistan’s largest and still the only privately funded curated co-working space / incubator – has successfully supported 50 startups over the past 2 years, helping them raise $20 million in funding, generate revenue of over $10 million and hire over 250 Engineers in Pakistan.

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As a next step in its endeavor to grow the ecosystem,  we are proud to announce two major initiatives.

  1. Launch of Angel investment fund, DotZero Ventures. The fund has invested in 6 companies and is looking out for further investment opportunities in pre-revenue and early-revenue phases.
  1. Joint collaboration program with The Founder Institute (FI) Karachi chapter, where the top graduates will receive a pre seed convertible note investment amount of $20,000  (PKR 2,000,000)

About Founders Institute

The Founder Institute is the world’s largest entrepreneur training and startup launch program, helping aspiring founders across the globe build enduring technology companies. Based in Silicon Valley and with chapters across 50 countries, the Founder Institute has helped launch over 1,650 companies in 6.5 years. The company’s mission is to “Globalize Silicon Valley” and build sustainable startup ecosystems that will create one million new jobs worldwide. The Founder Institute’s Karachi Chapter is led by Hassan Qureshi (Founder, Carimson Commerce), Abdullah Soomro (Founder, Perkup) and Athar Osama (CEO & Founder, Pakistan Innovation Foundation – PIF). Applications for the Karachi chapter are open now.

About DotZero

A project run by the Not-for-profit ‘Foundation for Information Technology’ (FIT), DotZero is Pakistan’s largest and still the only privately funded curated co-working space / incubator launched in 2013 through the support of donations by private individuals, small IT companies, and grants by P@SHA and Eisenhower Foundation.

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About DotZero Ventures

DotZero Ventures (DZV) primarily invests in early-stage companies that have successfully demonstrated through pilots that their service, product or idea has mass appeal. We’re building a future where founders can work together (and with us) to get the holistic advice, data and tools they need to make a big difference from the very beginning. You can learn more at www.dotzeroventures.com

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