Ho Chi Minh City is quickly becoming a hub for new companies and the investors who back them. Firms like BlockBase Ventures have made over 50 investments, while 500 Startups Vietnam has backed more than 40 companies.
Alongside them, newer players like Do Ventures and VinaCapital Ventures are also writing checks for promising founders. With so much activity, it can be tough to know where to start your search for funding.
Below is our list of the best 4 VC firms in Ho Chi Minh City.
Failory's Top 4 Picks
Combining expertise from blockchain technology and finance, BlockBase Ventures invests in early-stage Web3 and decentralized projects. They act as partners and advisors to founders, providing strategic guidance and industry connections to help accelerate the adoption of blockchain technologies.
| Year Founded | 2017 |
| Founders | Jack Nguyen, Nam Nguyen |
| Investment Stage | Early Stage, Initial Coin Offering, Private Equity, Secondary Market, Seed |
| Nº of Investments | 51 (5 as Lead Investor) |
| Nº of Exits | 2 |
| Contact | business@blockbase.co / (+84) 90 909 0941 |
2. Do Ventures
Do Ventures backs early-stage technology companies across Vietnam and Southeast Asia. Guided by a "Growing by Doing" philosophy, they partner with daring founders to build disruptive products that create new consumer behaviors.
| Year Founded | 2020 |
| Founders | Dzung Nguyen, Vy Le |
| Investment Stage | Early Stage, Seed |
| Nº of Investments | 32 (12 as Lead Investor) |
| Nº of Exits | — |
| Contact | contact@doventures.vc |
VinaCapital Ventures uses its $100 million fund to invest in and build early-stage technology companies within Vietnam. They partner with entrepreneurs, providing capital and local expertise to help construct a digital ecosystem that makes a significant impact on people's lives.
| Year Founded | 2018 |
| Founders | Khanh Tran |
| Investment Stage | Early Stage, Seed |
| Nº of Investments | 29 (13 as Lead Investor) |
| Nº of Exits | 1 |
500 Startups Vietnam backs early-stage and seed companies with capital, mentorship, and valuable connections. Their support helps founders prepare for future growth, with many portfolio companies securing follow-on funding from top-tier investors like Sequoia and Google Launchpad.
| Year Founded | 2016 |
| Founders | Binh Tran, Eddie Thai |
| Investment Stage | Early Stage, Seed |
| Nº of Investments | 43 (1 as Lead Investor) |
| Nº of Exits | 5 |
| Contact | binh@500.co |
