More Than 40 Funds Committed To Investing $1.5 Billion In Vietnamese Startups

Within the Vietnam Innovative Startup Investment Fund Forum 2022 (Vietnam Venture Summit 2022), more than 40 venture capital companies in Korea, Japan, Singapore, Indonesia, the United States, and Vietnam committed to investing  $1.5 billion into startups in Vietnam in the coming years.

“The $1.5 billion figure demonstrates the commitment of the global investor community to accelerate the development of Vietnam at this critical time,” said Mr. Vinnie Lauria, founding partner of GGV.

In the Venture Capital Investment Report into Vietnam released by GGV, Vietnam is considered an indispensable piece in the “golden triangle” that opens up future growth opportunities for Southeast Asia.

In 2021, Vietnamese startups raised more than $1.4 billion in investment capital through 165 transactions, an increase of 1.6 times compared to 2019, with $894 million and 126 transactions.
Source Forbes. vn
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