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AVV

Venture capitaloperating company · company profile

Ho Chi Minh City · Pre-Seed–Series A · 8 people tracked

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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 Aug 18, 2026.

Stage
Pre-Seed–Series A
Check
$250K – $2M
HQ
Ho Chi Minh City, VN
Leads rounds
Follows
Instruments
Equity
Founded
2015
Private fund assets
$84.4M
VC funds
2
Tracked investments
32

Team · 8 people

from the firm's website & public directories
Minh Ta· Associatein

Founder mafia

2 people who came through AVV went on to found or lead other companies.

What they invest in

from 18 of 32 portfolio companies

Media & Entertainment ×11AI & Machine Learning ×4AgTech ×2Crypto & Web3 ×2Fintech ×2SaaS ×2B2B Marketplaces ×1Climate Tech ×1

HQs:Vietnam×6United States×3Indonesia×1Singapore×1

Investments · 32 tracked

founders shown can be your intro path
(TIME)time.com𝕏

TIME is a news organization publishing national and world news, opinion, and coverage of politics, entertainment, science, and climate.

Media & Entertainment

Co-investorsAdvance Venture PartnersAsia Africa Investment & Consulting (AAIC)At One VenturesBURNT ISLAND VENTURESCommunity Development Venture Capital AllianceDay One Ventures+11 more

approvedvietnam.vn

Vietnam.vn is a Vietnamese-language digital platform that publishes official information about Vietnam, including news, culture, tourism, history, and foreign-affairs content, integrating social media and information databases.

Media & Entertainment

AVVavv.coin𝕏

AVV is a venture capital firm investing in early-stage startups in Vietnam since 2015, having backed 100+ companies including several unicorns.

Sector AgnosticHo Chi Minh City, VN

Binh(Co-founder & General Partner)inEddie(Co-founder & General Partner)in

AVVsbstck.com
Business Timesbusinesstimes.com.sg𝕏

Co-investorsGranite AsiaIndonesia Investment AuthorityValidusWavemaker Impact

Channel News Asiachannelnewsasia.comin𝕏

Co-investorsAVPN

Climate Hero Clubclimateheroclub.com

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

Cointelegraphcointelegraph.comin𝕏

Cointelegraph is a news media outlet covering Bitcoin, Ethereum, blockchain, and cryptocurrency markets, publishing articles on crypto industry developments, regulation, and price movements.

Crypto & Web3Media & Entertainment

Co-investorsBlock by Block CapitalDigital StrategiesRed Beard VenturesSamos Investments

Deal Street Asiadealstreetasia.comin𝕏

DealStreetAsia is a news and media publication covering private equity, venture capital, and dealmaking activity across the Asia Pacific region.

AgTechFoodTechMedia & Entertainment

Co-investorsKWAPSoftBank GroupTemasekK2 GlobalLatin LeapSCB 10X+2 more

does not requirenishimura.com
LiVE Exchangein𝕏

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

Obelloobello.comin

Obello is an AI-powered creative platform that converts AI-generated outputs into fully editable, on-brand ads, images, and videos that design and marketing teams can refine, animate, resize, and customize.

AI & Machine LearningMarketing TechSaaS

Co-investorsBaukunstCapria Ventures

Perplexityperplexity.aiMar 2023

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)

BoardPeter Sonsini(Director)Pieter Abbeel(Director)in

Co-investors359 Capital7BC Venture CapitalAccelAdvaita CapitalAIX VenturesArrington Capital+48 more

Powertradepower.trade

Co-investorsAGE CryptoCapria VenturesPantera Capital

Singaporesgx.com
Sky Mavisskymavis.comin𝕏

Sky Mavis builds blockchain games and related infrastructure, with Axie Infinity as its flagship product.

Crypto & Web3Gaming

Trung Nguyen(Founder & CEO)inAleksander Larsen(Founder)

Co-investorsa16z cryptoAndreessen HorowitzBackedCollab+CurrencyConsenSys MeshFabric Ventures+7 more

SuperReturn Emerging Marketsinformaconnect.comin𝕏

Informa Connect organizes live and on-demand industry events, training courses, and digital content across a range of professional sectors.

EdTechMedia & Entertainment

Co-investorsDragonX

Tech in Asiatechinasia.comin𝕏Acquired

Tech in Asia operates a digital technology news and media platform covering the Asian startup and tech sector, serving entrepreneurs, investors, and industry professionals in the region.

ConsumerMedia & EntertainmentSingapore, SG

Willis Wee(Founder/CEO)in

Co-investorsAVA AngelsFootPrint CoalitionFoundamentalMonk's Hill VenturesNorth Base MediaPan-Lin Capital+3 more

Techcooptechcoop.vnin

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 VenturesTNBAura

Trusting Socialtrustingsocial.comin

Trusting Social provides AI-powered credit risk scoring, identity verification, and customer acquisition products for lenders, using big data and alternative credit and fraud scoring to reach underbanked consumers.

AI & Machine LearningData & InfrastructureFintech

Dr. Nguyen Nguyen(Founder)in

Co-investorsCapria VenturesTanglin Venture PartnersSequoia Capital

Tuoi Tretuoitre.vn

Tuoi Tre is a Vietnamese online news publication covering topics such as business, finance, and current affairs.

Media & Entertainment

Turingturing.com

AI & Machine LearningSilicon Valley, US

Jonathan Siddharth(Founder)inVijay Krishnan(Founder)in

Co-investorsAltaIR CapitalAmino CapitalAngel Collective Opportunity FundBrainstorm VenturesChapter OneFlucas Ventures+11 more

Turing

AI-powered tech outsourcing company connecting global software engineers with companies (unicorn).

Vauditvaudit.comin𝕏

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 Newsvietnamnews.vn

Việt Nam News is an English-language news outlet publishing reporting and interviews on topics including public health and international affairs.

Media & Entertainment

Vietnam AI Economy Report 2025nic.gov.vn
VietnamPlusvietnamplus.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

VnEconomyvneconomy.vn𝕏

VnEconomy is a Vietnamese online news publication covering economics, finance, business, markets, and public policy in Vietnam.

Media & Entertainment

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has AVV made?
AVV has 32 tracked investments, 1 of which have exited via acquisition or IPO.
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, Taurus Ventures, FootPrint Coalition, among 134 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Binh Tran, AVV (Ascend Vietnam Ventures): Building Boldly Across Borders

EUVC · Binh Tran

Images

AVV photoAVV photoAVV photoAVV photo

Co-investors · 42

Foundation Capital

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.

Both backed · 2
PerplexityExit Fabless Radio Frequency Circuits
$250K – $15M
Sequoia Capital

Sequoia Capital is a venture capital firm that partners with founders to build technology companies.

Both backed · 1
$4.4M – $214M
B Capital Group

B Capital is a global investment firm backing early to late-stage technology innovators across technology, healthcare, and energy & resilience sectors.

Both backed · 1
$10M – $50M
Plug and Play Ventures

Plug and Play is an innovation platform that connects corporations, governments, startups, investors, and universities to drive innovation.

Both backed · 1
$50K – $12M
AltaIR Capital

AltaIR Capital is an international venture investment company.

Both backed · 1
AIX Ventures

AIX Ventures is an AI-focused venture fund that backs founders building companies in artificial intelligence.

Both backed · 1
$1M – $5M
Mucker Capital

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.

Both backed · 1
$250K – $750K
Mindset Venture

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.

Both backed · 1
$500K – $3M
Peak State Ventures

Peak State Ventures is a venture capital firm investing in the future of work, PropTech, and digital healthcare.

Both backed · 1
$100K – $15M
Brainstorm Ventures

Brainstorm Ventures is a small generalist venture capital firm that invests at the earliest stages in category-defining startups across North America.

Both backed · 1
Alumni Ventures

Alumni Ventures (AV) is a venture firm that gives accredited individual investors access to professionally managed, diversified venture portfolios by co-investing alongside leading lead VC firms. It offers annual funds, syndicate deal-by-deal investing, and various investor clubs.

$100K – $10M
30 more co-investors

Long Journey VenturesFJ LabsDST GlobalGoat CapitalUpHonest CapitalPioneerSignalFireLookout VenturesCanvas VenturesPICUS CAPITALGaingelsDnx VenturesBrand Foundry VenturesClimate CapitalBasis Set VenturesThink+ Ventures Management, LlcLCXFrontier Venture CapitalPrimitive VenturesArriveDarling VenturesFocalf7 VenturesLigature VCProof GroupUnchained Capital, Inc.GroWrkIdeas y CapitalKonvoy VenturesYamaha Motor Ventures

Firms observed investing alongside AVV, from public investor directories. Shared companies are the overlap with AVV's recorded portfolio.

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