Vietnam's startup community is growing fast, with venture capital playing a big part in that expansion. Investors are actively searching for new companies, from early-stage ideas to more focused blockchain projects.

Firms like BlockBase Ventures have backed over 50 companies, and 500 Startups Vietnam has made more than 40 investments. With so many options, it can be hard to know where to start your search for funding.

Below is our list of the best 6 VC firms in Vietnam.

Failory's Top 6 Picks

Garena Free Fire pits 50 players against each other in a fast-paced survival shooter game on mobile. Each 10-minute match challenges combatants to parachute onto an island, find weapons, and outlast everyone else in a shrinking safe zone.

HeadquartersHanoi, NA - Vietnam, Vietnam
Year Founded2017
FoundersForrest Li
Investment StagePost-Ipo, Private Equity, Seed
Nº of Investments1
Nº of Exits1
Contactfeedback@Garenafreefire.com

Combining expertise in blockchain technology and finance, BlockBase Ventures backs entrepreneurs working on decentralized systems, smart contracts, and digital assets. Beyond just capital, they offer strategic guidance and industry connections to help founders accelerate blockchain adoption and redefine how value is created and transacted online.

HeadquartersHo Chi Minh City, NA - Vietnam, Vietnam
Year Founded2017
FoundersJack Nguyen, Nam Nguyen
Investment StageEarly Stage, Initial Coin Offering, Private Equity, Secondary Market, Seed
Nº of Investments51 (5 as Lead Investor)
Nº of Exits2
Contactbusiness@blockbase.co / (+84) 90 909 0941

Do Ventures provides early-stage funding to technology companies in Vietnam and Southeast Asia. Guided by a “Growing by Doing” philosophy, they support daring founders building products that shape new consumer behaviors.

HeadquartersHo Chi Minh City, NA - Vietnam, Vietnam
Year Founded2020
FoundersDzung Nguyen, Vy Le
Investment StageEarly Stage, Seed
Nº of Investments32 (12 as Lead Investor)
Nº of Exits—
Contactcontact@doventures.vc

VinaCapital Ventures uses its $100 million fund to back early-stage technology companies, with the goal of building a complete digital ecosystem in Vietnam. They empower entrepreneurs with capital, an extensive business network, and local expertise to build companies that make a significant impact on people's lives in the region.

HeadquartersHo Chi Minh City, NA - Vietnam, Vietnam
Year Founded2018
FoundersKhanh Tran
Investment StageEarly Stage, Seed
Nº of Investments29 (13 as Lead Investor)
Nº of Exits1

Next100 Ventures invests in early-stage Vietnamese tech startups, aiming to discover and grow the country's next generation of unicorns. Beyond capital, they give founders access to the technology and e-commerce ecosystem of their parent company, NextTech Group.

HeadquartersHanoi, NA - Vietnam, Vietnam
Year Founded2019
FoundersNguyen Hoa Binh
Investment StageEarly Stage, Seed
Nº of Investments11 (2 as Lead Investor)
Nº of Exits—
Contacttuandv@nexttech.asia / +84946.891.891

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.

HeadquartersHo Chi Minh City, NA - Vietnam, Vietnam
Year Founded2016
FoundersBinh Tran, Eddie Thai
Investment StageEarly Stage, Seed
Nº of Investments43 (1 as Lead Investor)
Nº of Exits5
Contactbinh@500.co