Pakistani Startup myco Secures Largest Investment of the Season with Paklaunch’s Support

myco, a rapidly expanding video streaming platform from Pakistan, has gained global recognition after winning the grand finale of Meet the Drapers, a prestigious startup competition in Silicon Valley. The event featured over 2,000 startups worldwide.

After the finale, myco successfully completed the due diligence process and secured a combined investment and software-as-a-service (SaaS) agreement worth Rs42 crore (approximately $1.5 million) — the largest amount awarded in the ninth season of the show.

This is the first time a startup from Pakistan has reached the finale of Meet the Drapers and emerged as one of the winners, boosting visibility for the country’s startup ecosystem.

The achievement was confirmed this week when Tim Draper signed a SaaS service contract worth $1 million with myco, in addition to a prior $500,000 investment. This makes myco the top startup from the Season 9 finale in terms of total deal value.

Paklaunch’s Role in Bringing Pakistan to the Global Stage

The journey began with Paklaunch founder Aly Fahd, who convinced Tim Draper to dedicate an episode to Pakistani startups in October 2024. It was the first time the country was featured on the show. Two Pakistani startups reached the semi-finals, with myco advancing to the grand finale after receiving the highest global audience votes.

The finale was filmed in California in April 2025, and following a thorough review, myco secured both the investment and the SaaS deal by July.

Endorsement from Silicon Valley

Tim Draper, a renowned venture capitalist known for early investments in Tesla, SpaceX, Skype, Coinbase and Baidu, has long supported disruptive innovations in fintech, blockchain, and decentralised platforms. His latest backing of myco marks a strong endorsement of Pakistan’s growing influence in global digital media innovation.

Aly Fahd commented:

“This proves the quality of Pakistani entrepreneurs on a global stage, and Paklaunch is proud to have played a role in this achievement.”

During myco’s pitch, Draper said:

“Myco blends powerful storytelling, sports culture, and Web3 economics — this is the future of streaming.”

Expanding Beyond Cricket

While myco holds streaming rights for ICC tournaments, the Pakistan Super League, and the Pakistan Cricket Board, it also covers other sports, including:

• English Premier League (three-year rights)
• MMA and Karate Combat
• Padel, squash, volleyball
• Local and university-level tournaments

This positions myco as a comprehensive sports and entertainment platform, not just a cricket broadcaster.

Growth & Future Roadmap

• 20M+ users in Pakistan within 18 months
• $1.5M investment led by Tim Draper Investments
• 100M+ monthly video impressions for monetisation
• Audience in 100+ countries, including Pakistan, UAE, Saudi Arabia, Egypt, and North America
• Backed by Aptos Labs for Web3 wallet and digital rewards development
• Plans for a decentralised content model enabling creators and users to earn and own digital assets
• Target: 50M users by the end of 2025 through regional expansion and strategic partnerships

About Paklaunch

Founded in 2020, Paklaunch connects the Pakistani diaspora with the local entrepreneurial ecosystem through resources, mentorship, and global networking. Its initiatives include the Paklaunch Unconference and a digital accelerator for women-led startups.

About myco

Launched in 2021 in the UAE by a Pakistani entrepreneur, myco is a media technology platform that integrates live sports, TV, and a Watch & Earn rewards system. It’s one of the first Web3-enabled streaming services to scale in emerging markets, focusing on creator empowerment and financial inclusion.

With its recent success at Meet the Drapers, myco is now positioned to become a leading Web3 entertainment platform, engaging audiences not just as viewers but as active participants in the content economy.