Vingroup launches $150m VinVentures fund to invest in early-stage tech startups in Vietnam and Southeast Asia.

Vingroup, Vietnam's largest private conglomerate, has launched VinVentures, a $150 million venture capital fund aimed at investing in early-stage technology startups, particularly in Vietnam and Southeast Asia. The fund will focus on sectors like artificial intelligence, semiconductors, and cloud computing. Over the next three to five years, VinVentures plans to invest $50 million, leveraging Vingroup's extensive resources to foster innovation and growth in the regional startup ecosystem.

October 28, 2024
13 Articles