Fundraising Fox
AVV
Venture capitalHo Chi Minh City · Pre-Seed–Series A · 8 people tracked
Find your way into AVV
Each arrow is one introduction. Sign up to fill in the first one.
Ask Gabriel Sabbag to introduce you to Balbir Bakhshi
You →Gabriel · together at London Stock Exchange Group →Balbir
Ask Jamie Chen to introduce you to Binh Tran
You →Jamie · together at Klout →Binh
Ask Sam Okafor to introduce you to Eddie Thai
You →Sam · together at Dean & Company Strategy Consultants →Eddie
- Adrian Latortue413 people can intro you
- Gregor von dem Knesebeck346 people can intro you
- Natalie Hoya84 people can intro you
Sign up to find every way you can get introduced to AVV
- Your email: who you already know at AVV, and who your contacts know
- 2nd- and 3rd-degree connections: people you know who worked, studied or invested with the AVV team
- Your LinkedIn: the connections who can make the intro for you
We rank every route by how warm it is, so you raise on warm intros instead of cold emails.
Investment thesis
AVV is a seed-stage venture capital firm focused on Vietnam, investing since 2015. The firm has backed more than 100 companies, whose founders have raised $1.8B collectively, producing three unicorns from seed and 13 exits. AVV emphasizes hands-on founder support, including its SHINE initiatives that back female entrepreneurs. Its partners bring operating and investing experience across Silicon Valley and Asia, having previously built 500 Startups Vietnam and backed companies such as Turing, ELSA, ApplyBoard, Trusting Social, Axie Infinity, and Base. The firm advises founders on cross-border growth, AI-driven execution, and capital strategy.
Source: firm website, verified Sep 29, 2026.
Team · 8 people
from the firm's website & curated & public directories
What they invest in
from 27 of 41 portfolio companiesAI & Machine Learning ×12Fintech ×8SaaS ×8Media & Entertainment ×7Enterprise Software ×5B2B Marketplaces ×4Data & Infrastructure ×3EdTech ×3
HQs:United States×8Vietnam×6Singapore×4United Arab Emirates×1Canada×1United Kingdom×1
Who they back
founder profiles across 5 portfolio companiesWhere their founders studiedfrom 10 founders with education data
Stanford University ×2
Where their founders worked beforefrom 10 founders with career history
Foundation Capital ×2Revcontent ×2
Investments · 41 tracked
founders shown can be your intro pathBy year:2024 · 12023 · 22021 · 32020 · 12019 · 12018 · 19 dated
ApplyBoard operates a platform connecting international students with educational institutions across Canada, the US, UK, Ireland, Australia, and Germany.
AI & Machine LearningB2B MarketplacesEdTechMarketplacesSaaSLondon, CA
Meti Basiri(Founder)inMartin Basiri(Co-Founder and Former Chief Executive Officer)inMassi Basiri(President and Co-Founder)in
Co-investors500 GlobalArtiman VenturesBDC Growth Venture FundCandou VenturesCeltic House Asia PartnersDrive Capital+13 more
BASE Inc. operates e-commerce and payment services in Japan, including online store creation and the Pay ID payment service with installment "buy now, pay later" options.
E-commerceFintechSaaSTokyo, JP
Yuta Tsuruoka(Representative Director)in
Co-investorsGlobal BrainSMBC Venture CapitalBIP VenturesConnetic Ventures
Beam is a cloud platform for developers to build and ship AI products without managing infrastructure, servers, or containers.
AI & Machine LearningCloud ComputingData & InfrastructureDeveloper ToolsEnterprise SoftwareNew York City, US
Eli Mernit(Founder)inLuke Lombardi(Founder)in
Co-investorsAlumni VenturesSoma CapitalUncorrelated VenturesY CombinatorAbacus Capital GroupAC Ventures+16 more
Bizzi provides an automation platform for business finance operations, using RPA and AI to process invoices, manage expenses, handle accounts receivable/debt collection, and enable B2B payments.
AI & Machine LearningFintechSaaSHo Chi Minh City, VN
Nguyen Bao Nguyen(Founder)in
Co-investorsDo Ventures Management, LlcQualgro500 Global500 Startups VietnamMoney Forward
CatalyzeX runs a search platform that helps developers find machine learning techniques and their code implementations.
Co-investorsAlumni VenturesVibe CapitalAbstraction CapitalBasecamp FundBinh TranDarling Ventures+4 more
Cerebry is an AI-driven platform that teaches, assesses, grades, and adapts learning content in real time for schools and universities.
AI & Machine LearningEdTechSaaSSingapore, SG
Co-investorsCapria Ventures500 GlobalPentathlon Ventures
Channel NewsAsia is an English-language Asian news network founded by Mediacorp that reports on global developments from Asian perspectives.
Media & EntertainmentSingapore, SG
Co-investorsAVPN
Climate Hero Club maintains a directory that features people and companies working on climate and sustainability, and builds a community around them.
Climate TechImpact & Social GoodMedia & Entertainment
Copper Cow Coffee sells Vietnamese-style coffee made from climate-resilient robusta beans sourced from organic-certified farms in Vietnam, blended with real herbs and spices for flavor.
Advanced ManufacturingConsumerDirect to ConsumerFoodTechLos Angeles, US
Deborah Wei Mullin(Executive Officer, Director)Debbie(Founder)
Co-investorsArborview CapitalJoyance PartnersSiddhi CapitalSilverton PartnersSocial StartsVisible Ventures+3 more
Co-investorsMSA NovoVenturra500 Global
Elsa is an AI assistant for crypto and DeFi that lets users discover opportunities, execute trades, swap and bridge assets across chains, and manage portfolios through natural-language conversation.
AI & Machine LearningCrypto & Web3Fintech
Co-investorsCoinbase VenturesAbac Capital Manager S.G.E.I.C.,Levitate LabsMH Ventures
KPMG is a multinational professional services firm providing audit, tax, and advisory services to businesses and organizations across various industries.
Enterprise Software
Co-investorsMoonfire VenturesSpinLab
MFast is a Vietnamese financial technology platform that connects users with financial partners and provides sales agents with over 10 types of financial, insurance, and sales tasks.
B2B MarketplacesFintechInsurTechHo Chi Minh City, VN
Co-investorsCapria VenturesDo Ventures Management, LlcWavemaker Partners
Mudflap provides a mobile app and payment card that offer discounted diesel fuel for truck drivers and fleets at over 3,600 truck stops nationwide.
FintechLogistics & Supply Chain
Matt Folkman
Co-investorsCommerce VenturesCorazon CapitalDGFKairos AngelsMatrixNFX+3 more
Co-investorsBreyer CapitalFirebolt Ventures Management Company, Llc
Obello builds software that helps design and marketing teams produce creative output that stays consistent and on-brand across multiple channels and platforms.
AI & Machine LearningMarketing TechSaaS
Ben Pham(Co-founder)inOllie Ralph(Co-founder)in
Co-investorsBaukunstCapria VenturesObvious Ventures
PayJoy provides financial services and credit access to unbanked and underbanked populations in emerging markets across Africa, Asia, and Latin America.
B2B MarketplacesFintechImpact & Social GoodRetail TechSan Francisco, US
Mark Heynen(Co-Founder & Chief Business Officer)inDoug Ricket(Co-Founder & CEO)inGib Lopez(Co-Founder & COO)inTom Ricket(Co-Founder)inNick Zakrasek(President, Product Development)inAmy Pardee(General Counsel)in
Co-investorsAidenlair CapitalAssurant VenturesCeniarthCiti VenturesCompoundCore Venture Capital+21 more
An AI-powered answer engine providing accurate, trusted, and real-time answers to questions.
San Francisco, US
Andrew D. Konwinski(Executive Officer, Director)Dzianis Yarats(Director)Aravind Srinivas Lakshminarayanan(Director, Executive Officer)Aravind Srinivas(Co-founder & CEO)inDenis Yarats(Co-founder & CTO)
BoardPeter Sonsini(Director)
Co-investors1435 Capital359 Capital7BC Venture CapitalAccelAdvaita CapitalAIX Ventures+59 more
POC Pharma offers a data analytics solution that combines its proprietary pharmaceutical data with clients' existing datasets to guide customer segmentation, sales targeting, and marketing decisions.
AI & Machine LearningBiotechData & InfrastructureDigital HealthHealthtechRetail TechDubai, AE
Charles Defrance(Co-Founder; Africa Middle-East Zone Head)inThomas Miklavec(Co-Founder & Chairman (former CEO))in
Co-investorsFJ LabsPICUS CAPITALAlven
Retrocausal develops AI-powered intelligence augmentation systems for manufacturing shopfloors, helping assembly operators, plant managers, and industrial engineers boost productivity, quality, and safety.
Advanced ManufacturingAI & Machine LearningEnterprise SoftwareIoTSeattle, US
Zeeshan Zia(Founder & CEO)inMuhammad Zeeshan Zia(Executive Officer, Director, Promoter)Rick Faulk(Director)inQuoc-Huy Tran(Director)
BoardKleida Martiro(Director)inBaiyin Murphy(Director)in
Co-investorsArgon VenturesAtland VenturesCapria VenturesDifferential VenturesGlasswing VenturesIncubate US+5 more
Sky Mavis builds blockchain games and related infrastructure, with Axie Infinity as its flagship product.
Crypto & Web3Gaming
Trung Nguyen(Founder & CEO)inAleksander Larsen(Founder)inJeffrey Zirlin(Founder)in
Co-investorsa16z cryptoAccelAndreessen HorowitzBackedCollab+CurrencyConsenSys Mesh+12 more
Staple is a data processing platform that ingests documents and data from any source, format, or language, then checks for tampering, extracts and verifies content, and produces audit-ready data before it enters enterprise systems.
AI & Machine LearningEnterprise SoftwareLegalTechSaaSSingapore, SG
Ben Stein(CEO)inJoshua Kettlewell(CTO)in
Co-investorsEntrepreneur FirstExpert DOJOOrvel Early Stage Fund I PrivateWavemaker Partners
Informa Connect is a division of Informa that organizes conferences, training events, and professional services across specialist markets in over 30 countries.
EdTechEnterprise SoftwareMarketing TechMedia & EntertainmentSaaS
Co-investorsDragonX
TechCoop operates a validated supplier network for agricultural sourcing across Southeast Asia (ASEAN+), vetting producers on financial, physical, and delivery criteria and managing order execution, quality checks, and payments for buyers.
AgTechB2B MarketplacesLogistics & Supply Chain
Co-investorsAppWorks VenturesCapria VenturesTNBAura500 GlobalAppWorks
Trusting Social builds Big Data credit scoring and risk-profiling technology for banks and financial institutions to reach unbanked and underbanked consumers.
AI & Machine LearningCybersecurityData & InfrastructureFintech
Dr. Nguyen Nguyen(Founder)inNguyen Nguyen(Chief Executive Officer, Founder)inTuyen Huynh(Chief Scientist & Chief Technology Officer, Co-Founder)inBharath Vasudevan(Chief Revenue Officer)inSaat Prihartono(Country Director Indonesia)inJohnny Escaler(Country Director Philippines)in
Co-investors500 GlobalCapria VenturesKima VenturesTanglin Venture PartnersSequoia Capital
Tuoi Tre is a Vietnamese online news publication covering topics such as business, finance, and current affairs.
Media & Entertainment
Co-investorsSTIC Investments
AGI infrastructure company solving the human intelligence bottleneck and empowering enterprises to harness generative AI.
AI & Machine LearningSilicon Valley, US
Siddharth Jonathan Jeyapandian Balasekar(Executive Officer, Director)Jonathan Siddharth(Founder)inVijay Krishnan(Founder)in
BoardAshu Garg(Director)Sumir Chada(Director)
Co-investorsAltaIR CapitalAlumni VenturesAmino CapitalAngel Collective Opportunity FundBrainstorm VenturesChapter One+32 more
-2.png)
Vaudit provides AI agents that continuously audit business spend across AI providers, ad platforms, and operational vendors, verifying charges, detecting billing violations, enforcing spend guardrails, and recovering overcharges.
AI & Machine LearningFintechSaaS
Co-investorsMucker Capital
Việt Nam News is a major English-language daily newspaper published in Vietnam, providing coverage of domestic and international news across politics, economics, business, and social affairs.
Media & EntertainmentHanoi, VN
VietnamPlus is the online news publication of the Vietnam News Agency, publishing Vietnamese-language articles on politics, diplomacy, health, economy, environment, and current affairs.
Media & Entertainment
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Atheros CommunicationsAVVNanoQT、米新興と協力PiqueSingaporeSubstackcdnThreadsTomTexVaudit (Formerly BlokID)
Exits · 1
1 acquisitionsAtheros Communicationsacq. by Qualcomm
Portfolio news
latest coverage across their companies
VnEconomy · blog.mean.ceo · Sep 10, 2026
Perplexity · perplexity.ai · Aug 6, 2026
PayJoy · PR Newswire · Jul 23, 2026
VietnamPlus · en.vietnamplus.vn · Dec 12, 2025
Beam · ycombinator.com · Nov 25, 2025
Obello · finsmes.com · Nov 14, 2025
Frequently asked questions
- How many investments has AVV made?
- AVV has 41 tracked investments, 1 of which have exited.
- What stage does AVV invest at?
- AVV invests at the Pre-Seed, Seed, Series A stages.
- What is AVV's typical check size?
- AVV typically writes checks of $250K – $2M.
- What sectors does AVV focus on?
- AVV focuses on AgTech, AI & Machine Learning, Crypto & Web3, E-commerce, EdTech, Enterprise Software, Fintech, FoodTech, Gaming, SaaS, Sector Agnostic.
- Where is AVV located?
- AVV is headquartered in Ho Chi Minh City, VN.
- Does AVV lead rounds?
- AVV typically participates in rounds rather than leading them.
- Who does AVV co-invest with?
- AVV most often shares deals with Capria Ventures, Accel, Andreessen Horowitz, among 67 tracked co-investors.
Media · Podcasts & interviews
featuring the teamBinh Tran, AVV (Ascend Vietnam Ventures): Building Boldly Across Borders
EUVC · Binh Tran
Images
Co-investors · 43
Alumni Ventures (AV) is a venture capital firm that co-invests alongside lead VCs in startups, backing founders with capital and access to a large investor and operator community.
Foundation Capital is an early-stage venture capital firm that commits to founders at the idea stage and maintains long-term relationships with portfolio companies through their growth journey.
Plug and Play is an innovation platform that connects corporations, governments, startups, investors, and universities, running accelerator programs and venture investing across more than 25 vertical industries.
Mucker Capital is a venture capital firm that provides Seed and Series A capital and hands-on guidance to startups located outside Silicon Valley, across the United States, Canada, and beyond. It also runs MuckerLab, a pre-seed accelerator working with 20-25 companies per year.
Think + Ventures is an early-stage venture firm backing market-driven founders solving significant market pain points. It invests from seed through Series A, typically after an MVP.
Mindset Ventures is a venture capital firm that invests in and actively supports technology startups, providing capital as well as business development, strategy, and mentorship, with a notable focus on helping companies expand into markets such as Brazil.
Sequoia Capital is a venture capital firm that partners with founders to build technology companies.
Long Journey Ventures is an early-stage venture firm that backs unconventional, 'magically weird' founders and ideas, positioning itself as a hands-on, community-oriented partner to its companies.
FJ Labs is an early-stage investment firm specializing in marketplaces and network-effect businesses, taking an angel-style co-investment approach alongside institutional venture funds worldwide.
.jpeg){kind=logo}
B Capital is a global investment firm backing early to late-stage technology innovators across technology, healthcare, and energy & resilience sectors.
UpHonest Capital is a Silicon Valley-based investment firm founded in 2017 that supports cross-border entrepreneurship and investment between China and the United States, and runs media, scout, and incubation programs.
Canvas Prime (formerly Canvas Ventures) is an early-stage venture firm that leads Series A and B investments, focusing on AI applied to digital health and fintech.
▶31 more co-investors
PICUS CAPITALAltaIR CapitalGaingelsAIX VenturesDnx VenturesFrontier Venture CapitalDarling Venturesf7 VenturesUnchained Capital, Inc.Peak State VenturesBrainstorm VenturesIdeas y CapitalCollab+CurrencyKonvoy VenturesDST GlobalGoat CapitalPioneerSignalFireLookout VenturesBrand Foundry VenturesClimate CapitalBasis Set VenturesLCXPrimitive VenturesArriveFocalLigature VCProof GroupGroWrkParcel BYamaha Motor Ventures
Firms observed investing alongside AVV, from public investor directories. Shared companies are the overlap with AVV's recorded portfolio.
Similar investors
AppWorks is a Taiwan-based venture capital firm and accelerator founded by former founders, backing tech startups across Greater Southeast Asia since 2009.
Everywhere Ventures is an early-stage venture firm that writes pre-seed checks and is backed by a community of founder and operator LPs.
TRIVE is a Singapore-based venture capital firm backing early-stage founders across Southeast Asia in technology, Web3/blockchain, and AI. It operates three strategies — TRIVE Ventures, TRIVE Digital, and a venture-build arm TRIVE Growth.
MPG Fund is an early-stage venture investor backing technology startups.
Better Capital is a global venture capital firm that backs bold innovators from day zero, with a portfolio focused largely on Indian startups.