VinaCapital Ventures, the technology investment vehicle of VinaCapital Group, on February 6 announced that it is investing US$1 million in Koina, a Viet Nam-based data-driven farm-to-business agriculture technology platform.
Financial service app MFast announced that it has raised US$2.5 million in a funding round led by Ascend Vietnam Ventures with participation from Wavemaker Partners and existing investors Do Ventures & JAFCO Asia.
This year will be the pivotal year for the next stage of development of innovative enterprises and Viet Nam''s digital economy to attract investment capital.
The Australian Government has committed A$4.9 million (US$3.53 million) of investment in Viet Nam''s venture fund Ascend Vietnam Ventures (AVV) to assist local startups, according to the Australian Embassy in Viet Nam.
VinaCapital Ventures, the technology investment platform of fund management company VinaCapital Group, announced it has invested in Hub Global JSC, a blockchain eco-platform that supports the development of promising Vietnamese start-ups creating blockchain solutions in various sectors.
While most industries have been hit hard by the COVID-19 pandemic, start-ups continued to receive investments. Viet Nam News speaks with Hoang Duc Trung, partner, VinaCapital Ventures, about this and the outlook for start-ups post-pandemic.
Geniebook, Singapore’s online learning platform for the English, Mathematics and Science (EMS) syllabus, has secured US$16.6 million in a Series A funding round which was led by East Ventures, Lightspeed Venture Partners and several prominent angel investors.
VinaCapital Ventures has bought an undisclosed share of Dutycast, the creator of a tool that eases the cross-border e-commerce experience for shoppers by providing transparency around final prices, duties, taxes, and logistics expenses.
Social commerce platform Mio said it has closed an oversubscribed US$1 million seed funding round that was co-led by Venturra Discovery and Golden Gate Ventures and had other major participants like iSeed SEA and Gokul Rajaram.
Once the deal is completed, Vietnam Ventures Limited will hold 20.5 million shares of KDH, equivalent to an ownership rate of 3.67 per cent and will no longer be a major shareholder of KDH.
Gimo, a Vietnamese fintech start-up serving underbanked workers, has announced that it has secured an undisclosed amount of seed funding from ThinkZone Ventures, BK Fund and other angel investors.