Hanoi's startup scene features a strong concentration of companies in the fintech and e-commerce industries. VNLIFE, which develops a digital ecosystem for commerce and tourism, leads in funding with $550 million raised.

Other notable companies include financial services firm F88 and real estate AI developer Meey Land Group, which have secured $215.8 million and $80 million respectively.

Below is our list of 52 Hanoi startups worth keeping an eye on.

Failory's Top 10 Picks

EAERA builds a cloud-based Forex CRM solution designed for FX brokerage and proprietary trading firms. The platform offers specialized tools to help these companies manage client relationships and trading risks.

Year Founded2015
Founders
Funding Amount$3.1M
Startup SizeLean Team (11-50)
Last Funding StatusSeries A
Top Investors

Meteora builds dynamic liquidity protocols on the Solana blockchain to help users maximize the yield from their digital assets. The platform is known for its Dynamic Vaults and Pools, which provide sustainable, long-term liquidity to the broader DeFi ecosystem.

Year Founded2021
Founders
Funding Amount$5M
Startup SizeLean Team (11-50)
Last Funding StatusUndisclosed
Top InvestorsAlameda Research, Genblock Capital, Kyros Ventures, PetRock Capital, Protofund

VNLIFE operates a digital payment network that powers a broad ecosystem of services in commerce, logistics, and tourism. The company is best known for its VNPAY-QR mobile payment network, which provides a unified payment gateway for millions of consumers and merchants across Vietnam.

Year Founded2007
FoundersMai Thanh Binh, Tri Manh Tran
Funding Amount$550M
Startup SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries B
Top InvestorsGeneral Atlantic, SoftBank Vision Fund, EDBI, GIC, PayPal Ventures

Meey Group develops a technology platform to digitally transform the real estate market in Vietnam. The company’s ecosystem of products uses AI to increase market liquidity and make property transactions more efficient.

Year Founded2019
FoundersChung Hoang Mai, Tai Nguyen Duc
Funding Amount$80M
Startup SizeLarge Team (251-1,000)
Last Funding StatusPrivate Equity
Top InvestorsThe Global Emerging Markets Group

F88 provides financial services with a focus on loans for micro-businesses, small companies, and individual consumers. The firm operates an extensive chain of transaction offices, making its lending services widely accessible.

Year Founded2013
FoundersCong Tran, Steven Nguyen
Funding Amount$215.8M
Startup SizeMajor Organization (1,001-5,000)
Last Funding StatusDebt Financing
Top InvestorsLendable, Mekong Capital, CLSA Capital Partners, Lending Ark Asia Secured Private Debt Fund, Vietnam Oman Investment

U2U Network builds a highly scalable Layer-1 blockchain that is compatible with the Ethereum Virtual Machine. Their platform uses a Directed Acyclic Graph (DAG) structure to provide a comprehensive solution for decentralized physical infrastructure networks (DePIN).

Year Founded2022
FoundersChloe Phung, KaKa Anh, Luu Tran, Trung Trang
Funding Amount$13.8M
Startup SizeMid-Size Team (51-250)
Last Funding StatusSeries A
Top InvestorsCointelegraph, KuCoin Ventures, Web3Port, Chain Capital, V3V Ventures

Nano Technologies created the VUI app to give employees on-demand access to their earned wages and other financial wellness tools. They partner with employers to offer this solution, helping companies improve employee well-being and reduce financial stress in the workplace.

Year Founded2020
FoundersDung Dang, Thang Nguyen
Funding Amount$9.4M
Startup SizeLean Team (11-50)
Last Funding StatusSeed
Top InvestorsGoodwater Capital, Y Combinator, FJ Labs, Partech, Golden Gate Ventures

Prep has built an AI-powered learning platform to help students prepare for standardized tests like the IELTS and TOEIC. Their virtual practice rooms and personalized study plans use AI to provide detailed feedback and grading.

Year Founded2020
FoundersNam Le, Nam Trần, Tu Quang Pham
Funding Amount$9M
Startup SizeMid-Size Team (51-250)
Last Funding StatusSeries A
Top InvestorsSaison Capital, East Ventures, Northstar Group, Touchstone Partners, Cercano Management

Telio created a B2B e-commerce platform that connects traditional, small-scale retailers across Vietnam with brands and wholesalers. Their centralized marketplace offers these businesses a wider choice of consumer goods, more transparent pricing, and efficient fulfillment.

Year Founded2019
FoundersSy Phong Bui
Funding Amount$64M
Startup SizeLarge Team (251-1,000)
Last Funding StatusVenture Round
Top InvestorsPeak XV Partners, RTP Global, Tiger Global Management, GGV Capital, Surge

Mirai Labs develops mobile games that integrate web3 and blockchain services. The studio focuses on creating new gaming experiences by combining traditional mobile apps with emerging blockchain technology.

Year Founded2021
FoundersCorey Wilton
Funding Amount$4M
Startup SizeLean Team (11-50)
Last Funding StatusSeed
Top InvestorsManifold, Selini Capital, Mechanism Capital, Protagonist, Lhava

42 Additional Hanoi Startups Worth Following

The top 10 are just a small part of what’s happening in Hanoi. Across the city, founders are building companies that are attracting serious attention and funding.

You'll see a lot of new work in fintech and education, with companies that have collectively raised over a billion dollars. Here’s a look at the other startups shaping Hanoi's ecosystem.

StartupIndustryYear FoundedAmount RaisedLast Funding Round
HYRA HOLDINGS logo HYRA HOLDINGSRetail2021$3.9MSeed
Finhay logo FinhayFintech2017$26.1MSeries B
Okxe logo OkxeMobility2018$22.8MSeries A
Topica Edtech Group logo Topica Edtech GroupEducation2008$53.5MVenture Round
Selex Motors logo Selex MotorsMobility2018$5.5MConvertible Note
GIMO logo GIMOFintech2019$19.5MSeries A
NextTech Group of Technopreneurs logo NextTech Group of TechnopreneursRetail2001
Vinschool logo VinschoolNonprofit2024$150MDebt Financing
Vuihoc.vn logo Vuihoc.vnEducation2019$8MSeries A
MindX Technology logo MindX TechnologySaaS2014$18.5MSeries B
International Dairy Products logo International Dairy ProductsFood2004$145.4MPrivate Equity
Edupia logo EdupiaEducation2018$24MSeries A
SSI Asset Management logo SSI Asset ManagementFintech1999
AEON Vietnam logo AEON VietnamReal Estate2011$41MDebt Financing
Heroes of Mavia logo Heroes of MaviaCrypto2021$8MInitial Coin Offering
Spores Network logo Spores NetworkEnterprise2021$2.3MSeed
Boxme Global logo Boxme GlobalRetail2016$6.4MVenture Round
UrBox logo UrBoxRetail2017$2.2MSeed
LOGIVAN logo LOGIVANLogistics2017$7.9MSeries A
Cypher AI Labs logo Cypher AI LabsAI2020$250kInitial Coin Offering
Fubon Life logo Fubon LifeOther2010$650MDebt Financing
Amnis Finance logo Amnis FinanceCrypto2023$2MSeed
BIM Lands logo BIM LandsReal Estate1994$137.5MDebt Financing
TEKY Academy logo TEKY AcademyEducation2017$5MVenture Round
GreenYellow Vietnam logo GreenYellow VietnamEnergy2007$18.3MDebt Financing
LiveSpo Global logo LiveSpo GlobalManufacturing2017$8.8MPrivate Equity
Van Phu - Invest Investment JSC logo Van Phu - Invest Investment JSCAgTech2003₫690BConvertible Note
CMC Global logo CMC GlobalInfrastructure1993$120kPre-Seed
Vntrip.vn logo Vntrip.vnRetail2014$13MUndisclosed
TheBank logo TheBankFintech2013$5MSeries A
Summoners Arena logo Summoners ArenaCrypto2021$3MSeed
Med247 logo Med247Healthcare2019$4.5MSeries A
Mutosi Group logo Mutosi GroupHardware2018$10MVenture Round
infoplus logo infoplusFintech2018₩8BSeries A
Beta Media logo Beta MediaMedia2014$8MVenture Round
Base.vn logo Base.vnSaaS2016$1.3MSeed
Starbots logo StarbotsGaming2021$2.4MSeed
Tima logo TimaFintech2015$3MSeries B
Azota logo AzotaEducation2021$2.4MSeed
Metric - E-commerce Market Research logo Metric - E-commerce Market ResearchAnalytics2019$1.4MSeed
On Group logo On GroupLogistics2021$1.1MSeed
pictor.network logo pictor.networkMedia2024$500kSeed