Vietnam registers $413 mln venture capital in first half

Vietnam registers $413 mln venture capital in first half

After more than two years in the doldrums due to the Covid-19 pandemic, Vietnam’s venture capital attractiveness has gradually bounced back, reaching $634 million in 2022 and $413 million in the first half of 2023.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam venture capital firm ThinkZone eyes $50 mln for third fund

Vietnam venture capital firm ThinkZone eyes $50 mln for third fund

Vietnamese venture capital company ThinkZone Ventures is attempting to raise its third fund, targeting $50 million to focus on early-stage startups with global potential.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Singapore’s TNB Aura says expected third fund will focus on Vietnam

Singapore’s TNB Aura says expected third fund will focus on Vietnam

Singapore-based venture capital firm TNB Aura (TNBA) says it is in talks to raise capital for its third fund, to be focused on Vietnam as a core market.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam edtech firm Vuihoc nets $6 mln in funding round

Vietnam edtech firm Vuihoc nets $6 mln in funding round

Vuihoc, an edtech platform serving K-12 Vietnamese students, has secured a $6 million investment in a Series A funding round led by Singaporean venture capital firm TNB Aura.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam’s Touchstone Partners to roll out second fund to fuel tech startups

Vietnam’s Touchstone Partners to roll out second fund to fuel tech startups

Ho Chi Minh City-headquartered venture capital (VC) firm Touchstone Partners is set to raise its second fund to continue financing Vietnam's tech landscape, with the new fund’s target size undisclosed.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Fintech firm GIMO raises $17 mln for further expansion

Fintech firm GIMO raises $17 mln for further expansion

Vietnam-based fintech startup GIMO announced on Monday the completion of a Series A funding round with total capital raise of up to $17.1 million.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Earth VC jointly backs US battery firm

Earth VC jointly backs US battery firm

Ho Chi Minh City-headquartered investment firm Earth Venture Capital has joined the latest financing round for Group14 Technologies, an American maker of lithium-silicon batteries.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnamese startups still a venture capital magnet

Vietnamese startups still a venture capital magnet

Vietnam’s tech startup scene has continued to attract venture capital (VC) investments, pushing the country further towards its aim of becoming a fully digital society by 2030.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Clime Capital, Touchstone Partners to invest $2 mln in clean energy firm Stride

Clime Capital, Touchstone Partners to invest $2 mln in clean energy firm Stride

Singapore-based Clime Capital and Vietnam-based Touchstone Partners will jointly invest $2 million in Ho Chi Minh City-based Stride, an innovative clean technology company, the two venture capital funds announced on Wednesday.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam startups secure $634 mln in 2022 funding

Vietnam startups secure $634 mln in 2022 funding

Startups in Vietnam secured 134 deals with venture capital investment of $634 million in 2022, down 19% and 56% year-on-year respectively, according to the Vietnam Innovation & Tech Investment Report 2023.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

VinaCapital teams up with Japan’s Ryobi in Vietnam investment

VinaCapital teams up with Japan’s Ryobi in Vietnam investment

VinaCapital, a leading investment management firm company in Vietnam, and Japanese conglomerate Ryobi have signed a deal to form a business alliance to jointly explore real estate and other investment opportunities in the country.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam fintech firm Gimo closes $5.1 mln Series A round

Vietnam fintech firm Gimo closes $5.1 mln Series A round

Vietnam’s on-demand salary access provider Gimo has raised $5.1 million in the first close of its Series A funding round led by Singaporean venture capital firm TNB Aura.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnamese startups nab $855 mln in 2022: Nextrans

Vietnamese startups nab $855 mln in 2022: Nextrans

Startups in Vietnam secured 85 funding deals worth $855 million in 2022, according to South Korea's venture capital company Nextrans.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Touchstone Partners invests $1 mln in Vietnam B2B platform Quqo

Touchstone Partners invests $1 mln in Vietnam B2B platform Quqo

Vietnamese B2B distribution platform Quqo has secured $1 million in a seed round from Ho Chi Minh City-based Touchstone Partners.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam eyes $5 bln in capital toward innovative startups in 2023-2025

Vietnam eyes $5 bln in capital toward innovative startups in 2023-2025

Thirty-nine venture capital funds vowed to pour $1.5 billion into innovative startups in Vietnam in 2023-2025, as part of the country's effort to attract funds totalling $5 billion in the period.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam F&B startup nabs $1 mln from Touchstone Partners

Vietnam F&B startup nabs $1 mln from Touchstone Partners

Oda, a Vietnamese startup providing food procurement systems for restaurants and suppliers, has secured $1 million in seed round funding from Touchstone Partners.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Startups in Vietnam attract $494 mln in Jan-Sep venture capital: report

Startups in Vietnam attract $494 mln in Jan-Sep venture capital: report

Startups in Vietnam attracted $494 million of venture capital in 94 deals in the first nine months of the year, down from $602 million in the same period of 2021, according to a report by BambuUP, a Vietnamese innovation connection platform.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Shopping platform Cooky secures $4.5 mln from Do Ventures, Nextrans

Shopping platform Cooky secures $4.5 mln from Do Ventures, Nextrans

Cooky – Mealkit Delivery, a Vietnamese mobile app providing grocery shopping and cooking instructions, has raised $4.5 million from Korean investment company Nextrans and local venture capital firm Do Ventures.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Dat Bike raises additional $8 mln from five venture capital firms

Dat Bike raises additional $8 mln from five venture capital firms

Vietnamese start-up Dat Bike has raised $8 million led by Jungle Ventures with participation from GSR Ventures, Delivery Hero Ventures, Wavemaker Partners and Innoven Capital, the electric motorcycle maker said Thursday.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Venture capital firm Nextrans to open $50-mln Vietnam-focused fund

Venture capital firm Nextrans to open $50-mln Vietnam-focused fund

South Korea's venture capital company Nextrans will launch a $50 million fund focused on Vietnam next month to further invest in the nation’s tech startup ecosystem.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Investor interest heats up Vietnam’s education sector

Investor interest heats up Vietnam’s education sector

Vietnam’s education sector has been bustling of late with various foreign investors, agencies and schools striking cooperation pacts as well as deals to open new, private school campuses.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnamese direct-to-consumer startup raises $4.3 mln in series A round

Vietnamese direct-to-consumer startup raises $4.3 mln in series A round

Menswear brand Coolmate has netted $2.3 million from GSR Ventures and Do Ventures as an additional to its series A round, raising the round’s total to $4.3 million, the Vietnamese clothing supplier said Monday.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Bright prospect for venture capital influx into Vietnam startups

Bright prospect for venture capital influx into Vietnam startups

Venture capital in Vietnam hit a record high of $1.4 billion in 2021, shrugging off a pandemic-induced slowdown. Le Hoang Uyen Vy, co-founder and General Partner of Do Ventures, tells The Investor that investors will be interested in sectors that assist people in adapting to the post-Covid normalization.

Executive Talk - Mon, Dec 22, 2021 | 11:30 am GMT+7

Dat Bike raises additional $5.6 mln from two venture capital firms

Dat Bike raises additional $5.6 mln from two venture capital firms

Vietnamese start-up Dat Bike has raised a $5.3 million Series A led by Jungle Ventures with participation from Wavemaker Partners, the electric motorbike maker said Thursday.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7