Top 10 Venture Capital Firms In Vietnam [2021]

Top 10 Venture Capital Firms In Vietnam [2021]

Are you looking for a VC firm for your Vietnam-based startup?

A recent Hive Life Report shows that Vietnam has recently gained prominence as a hub spot for global startups.

Some of the factors driving Vietnam`s startup scene include the country’s digital industries expansion and increasing consumer expenditure.

Government support, growth target programs, and tax incentives are among the reasons entrepreneurs are moving their startups to Vietnam.

There are a number of successful venture capital firms in Vietnam and we've curated a list of the best local firms in the area. Additionally, we provide you with:

  • Investment size
  • Funding stages
  • Typical industries the firm works with
  • Well known companies the VC firm has invested in

Here's the list:

1. Mekong Capital

  • Location: Ho Chi Minh City, Hanoi, Vietnam
  • Industries: Retail, Restaurant, Education, Healthcare, Pharmaceuticals, FMCG, and Consumer Finance
  • Investment Range: $10M - $35M
  • Stage: Early Stage
  • Companies invested in: HSV Group, Mutosi, Marou, LiveSpo Global, Reverm Gene Solutions.

Mekong Capital invests in consumer-driven businesses such as retail, restaurant, education, healthcare, pharmaceuticals, FMCG, and consumer finance. Ideally, they target businesses that choose to remain focused on doing one business model perfectly.

The VC firm aims at adding a lot of value to the portfolio companies and exposing them to international best practices. Their investment fund typically targets investments ranging from $10 - $35 Million.

Learn more about Mekong Capital ➜

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2. 500 Vietnam

  • Location: Ho Chi Minh City, Vietnam
  • Industries: Fintech, SMB productivity, Healthcare, Media, Entertainment, Agritech, Edtech, E-Commerce, and Adtech
  • Investment Range: Up to $100K
  • Stage: Early Stage
  • Companies invested in: Anduin Transactions, ApplyBoard, Axie Infinity, Bizzi, Canal Circle, Coolmate, Bunch Live.

500 Vietnam invests in early-stage companies that have an internet-based form of distribution. The VC firm targets companies within the Fintech, SMB productivity, Healthcare, Media, Entertainment, Agritech, Edtech, E-Commerce, and Adtech sectors. Typically, 500 Vietnam prefers companies with a small cross-functional team and smart passionate people.

500 Vietnam invests up to $100K, and they can provide strategic value in addition to capital, which includes connections to other potential capital growth opportunities.

Learn more about 500 Vietnam ➜

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3. SEAF

  • Location: Ho Chi Minh City, Vietnam
  • Industries: Sector Agnostic
  • Investment Range: $200K to $3Million
  • Stage: Early Stage
  • Companies invested in: Kingo, Himadri Masala, Abhay Nutrition

SEAF provides growth capital and operational support to small and medium-sized enterprises. The VC firm targets companies that seek to build food security, climate resilience, and inclusion. Through its global reach, active on-ground presence, and proactive business model, the VC firm enables entrepreneurs to accelerate their business growth and ensure profitability, while achieving meaningful; and measurable impact.

They invest between $200K and $3Million in their portfolio companies.

Learn more about SEAF ➜

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4. Zone Startups Ventures

  • Location: Ho Chi Minh City, Vietnam
  • Industries: Technology
  • Investment Range: Not Disclosed
  • Stage: Early Stage
  • Companies invested in: Medihub, Stringee, GoStream, CloudEnergy, Bravo, Edu2Review, Fundiin

Zone Startups Ventures is a seed-stage VC firm targeting high potential technology firms. The VC firm has the ability to invest in Series A and to make follow-on rounds of investments. They look for companies with excellent products and perfect market fit and provide invaluable assistance to help such companies excel.

Zone Startups provides assistance with reviewing and analyzing business metrics and provides strategic advice on scaling and increasing business valuation. They also provide the portfolio companies ongoing guidance and assistance from experienced investors,

Learn more about Zone Startups Ventures ➜

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5. VinaCapital Ventures

  • Location: Ho Chi Minh City, Vietnam
  • Industries: Technology
  • Investment Range: Not Disclosed
  • Stage: Early Stage
  • Companies invested in: Fundiin, Global Care, DutyCast, Stringee, Homebase, BravoHR, Cloud Water, Edu2Review.

VinaCapital Ventures focuses on investing in and building successful technology companies and incorporating them into a full digital ecosystem. The VC firm aims at supporting entrepreneurs with big ideas and helping them build companies that make a significant impact. T

Therefore, VinaCapital partners with entrepreneurs and empower them through capital funding, and access to an extensive business network.

Learn more about VinaCapital Ventures ➜

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6. Patamar Capital

  • Location: Jakarta, Ho Chi Minh City, Singapore, Bangalore, San Francisco, Colombo.
  • Industries: financial services, SME digitization, education, healthcare, and Agriculture
  • Investment Range: Not Disclosed
  • Stage: Early Stage
  • Companies invested in: Impact Credit Solutions, Mio, MyShubhLiFe, Ayoconnect, Kinara Capital, Vigo.

Patamar Capital is an impact-driven VC firm investing in early stage companies that focus on building sector-defining platforms that maximize positive impact and financial returns. The VC firm believes technology has the potential to unlock economic opportunities for individuals and small businesses in emerging economies. The VC firm targets investments in financial services, SME digitization, education, healthcare, and Agriculture.

Learn more about Patamar Capital ➜

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7. Seedcom

  • Location: Ho Chi Minh City, Vietnam
  • Industries: Technology, Retail, Services and Manufacturing
  • Investment Range: Not Disclosed
  • Stage: Early Stage
  • Companies invested in: Haravan, Juno, Hnoss, Kingfood, The Coffee House, Tearoma.

Seedcom is a VC firm investing in technology companies operating in consumer digital, enterprise technology. Fashion technology, and E-Commerce. The VC firm delivers a leadership that remains committed to making a difference in the startup companies they invest in. therefore, their investment model employs the new retail model to create great experiences for their customers.

Learn more about Seedcom ➜

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8. ESP Capital

  • Location: Ho Chi Minh City, Singapore, Delawere
  • Industries: Healthcare, Education, Commerce, Transportation, Entertainment, Hospitality
  • Investment Range: Not Disclosed
  • Stage: Early Stage
  • Companies invested in: Luxstay, Ecomobi, Homedy, Canavi, Cooky.vn, MindX.

ESP Capital is an early-stage VC firm focusing on supporting technology startups. The VC firm invests in companies that can create a profound impact and improve life. Their strategy is to develop a complete ecosystem around their customers' lives. Therefore, ESP capital utilizes human talents and technological innovations to disrupt the market with the goal of becoming the next unicorn.

ESP Capital facilitates next-round financing for portfolio companies, advising fundraising strategy and matching with the suitable partner funds.

Learn more about ESP Capital ➜

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9. Kusto Vietnam

  • Location: Vietnam, China, Thailand, India, Russia, Kazakhstan, Ukraine, Turkey, Georgia, and Canada
  • Industries: Oil and gas, agriculture, real estate, construction materials
  • Investment Range: Not Disclosed
  • Stage: Early Stage
  • Companies invested in: Diagnostic Clinic, Luxury Residences, Leading Logistics Company.

Kusto Vietnam focuses on oil and gas, agriculture, real estate, construction materials. The VC firm specializes in providing growth capital to the fast growing businesses that can benefit from the team's expertise and flexible business approach.

Learn more about Kusto Vietnam ➜

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10. Monk's Hill Ventures

  • Location: Singapore
  • Industries: FinTech, Healthcare, E-Commerce, Technology.
  • Investment Range: $1M - $3M
  • Stage: Seed Stage
  • Companies invested in: Botmd, CoderSchool, Dagangan.

Founded by entrepreneurs in 2014, Monk's Hill Ventures is an investment firm with various locations in Southeast Asia. The firm has invested in more than 20 fast-growing startups spanning multiple business models. They dedicate the right time to their founders to understand their motivations, goals, and ideas. They want to help build innovative companies that will impact millions of people’s lives.

Learn more about Monk's Hill Ventures ➜

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