Vietnam

Vietnam’s Vinfast invests in solid-state battery manufacturer ProLogium

VinFast, through a company in Vingroup, announced Wednesday an investment in the tens of millions of US dollars in ProLogium, a global leading manufacturer in next-generation solid-state battery. It also entered into a memorandum of understanding with ProLogium setting out strategic cooperation arrangements to secure next-generation solid-state battery…

Ascend Vietnam Ventures surpasses $50M target

Ascend Vietnam Ventures, a seed-stage venture capital firm located in Ho Chi Minh City, announced Tuesday that it has exceeded its $50 million target for its flagship early-stage venture capital fund, AVV Alpha. Led by Binh Tran and Eddie Thai, the fund is seeking the next wave of globally iconic startups emerging from Vietnam.

Vietnam’s VinaCapital Ventures takes stake in Web3 data analytics firm M3TA

VinaCapital Ventures, the Vietnam-based technology investment platform of VinaCapital Group, announced Monday that it has taken a stake in M3TA, a Web3 data analytics company that seeks to empower businesses in Web3 with the power of data. Details of the investment were not disclosed.

Vietnam’s OnPoint closes $50M Series B funding led by Temasek’s fund

OnPoint, a Vietnam-based e-commerce enabler, announced Friday it has raised $50 million Series B funding led by SeaTown Private Capital Master Fund, a fund managed by SeaTown Holdings International (SeaTown), an indirect wholly owned subsidiary of Temasek Holdings. SeaTown’s investment will be the largest private investment in the Southeast Asia (SEA)…

Vietnam’s Finhay raises $25M Series B co-led by Openspace Ventures and VIG

Finhay, Vietnam-based digital investment platform, said Wednesday it has secured a $25 million Series B round co-led by Openspace Ventures and VIG, along with Insignia, TVS, Headline, TNBAura and IVC.

Vietnam’s VinFast plans to open more than 50 stores in Europe

VinFast, the electric vehicle (EV) manufacturer of Vietnam-based Vingroup, said Monday it has announced its plan to open more than 50 VinFast Stores across Germany, France and the Netherlands. The reveal came at the European premiere of its VF 8 and VF 9 smart electric vehicles at EVS35.

Vietnamese PropTech startup Houze raises $2M funding led by DKRA Group

Houze, a Vietnam-based PropTech startup that offers a fully integrated real estate ecosystem for agents and customers through its offline-to-online platform, said Monday it has raised a $2 million of funding led by DKRA Group, giving the company resources to continue expanding its services and growing its team to meet the demand in Vietnam and beyond.

Vietnam’s Ancient8 raises $6M from Makers Fund and C2 for GameFi infrastructure

Ancient8, a GameFi infrastructure developer and Vietnam’s largest blockchain gaming guild and community, announced Thursday the completion of a $6 million private round of financing led by Makers Fund and C² Ventures. The round also saw participation from existing and new investors Pantera Capital, 6th Man Ventures, IOSG Ventures, Folius Ventures,…

Vietnam’s Appota lands Mirae funding for blockchain initiative

Appota Group, a Vietnam-based digital entertainment firm, announced Wednesday the close of a financing round led by Mirae Asset Venture Investment with participation from other strategic partners. The investment is earmarked for developing the company's blockchain ecosystem based on its 10-year gaming publishing business.

Vietnam’s Society Pass acquires Singapore blockchain/Web3 mobile virtual network operator Gorilla Networks

Society Pass Incorporated (SoPa), Vietnam-based data driven loyalty and ecommerce ecosystem, announced Monday that it has acquired Singapore-based Gorilla Networks Pte Ltd (Gorilla), a next generation Web3-enabled mobile virtual network operator (MVNO). SoPa said it will incorporate Gorilla Networks’ proprietary blockchain/Web3 technology onto the rest of…