After deploying the first Vietnam-focused seed fund of 500 Startups Vietnam, general partners of the fund founded a new venture to invest in local companies.
The tech start-up RealStake announced it has closed seed funding from the 500 Startups Vietnam venture capital fund, as well as angel investors in realty, retail and banking industries.
500 Startups Vietnam, a member of the US venture capital firm 500 Startups, targets investing in up to 100 Việt Nam-connected startups by 2020 under its Saola Accelerator programme.