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Mekong Capital

Private equity

Ho Chi Minh City · Series B · 16 people tracked

Also known as MEKONG CAPITAL PARTNERS · MEKONG CAPITAL PARTNERS IV

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Investment thesis

Mekong Capital positions itself as the first private equity firm dedicated to Vietnam's private sector, with 25 years of investment experience and 46 private equity investments. Its post-investment value-add program, Vision Driven Investing, was developed from lessons learned across its most successful investments and is described as statistically correlated with investment performance. The firm leverages an extensive network of company founders, CEOs, senior managers, industry experts and the broader investment community, and proactively engages outside experts, including Non-Executive Independent Directors and advisors, to deliver value to its portfolio companies.

Source: firm website, verified Sep 29, 2026.

Stage
Series B
HQ
Ho Chi Minh City, VN
Instruments
Equity
Founded
2001
Last 12 months
2 investments
Private fund assets
$171.5M
Tracked investments
29

Team · 16 people

from the firm's website & curated

Founder mafia

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

What they invest in

from 10 of 29 portfolio companies

Consumer ×6Biotech ×3EdTech ×2FoodTech ×2Healthtech ×2Medical Devices ×2Wellness & Fitness ×2AI & Machine Learning ×1

HQs:Vietnam×8Singapore×1Thailand×1

Investments · 29 tracked

founders shown can be your intro path

By year:2025 · 32021 · 25 dated

LiveSpolivespo.cominOct 2025✓ verified

LiveSpo develops spore probiotic products and technologies designed to promote gut health and reduce reliance on antibiotics.

BiotechConsumerHealthtechMedical DevicesWellness & FitnessHanoi, VN

Dr. Nguyen Hoa Anhin

Gene Solutionsgenesolutions.cominSep 2025

Gene Solutions is a biotechnology company that develops genetic testing solutions using Next-Generation Sequencing and artificial intelligence for reproductive health, clinical oncology, and multi-cancer screening.

AI & Machine LearningBiotechDigital HealthMedical DevicesThailand, TH

W. Davis Parker, Jr.(Executive Officer, Director)Brian Warrington(Executive Officer, Director)Edward P. Connell(Executive Officer, Director)Susan D. Jones(Executive Officer, Director)David B. Patteson(Executive Officer, Director)

BoardJames Oury(Director)

Golden Gategoldengate.vc

Golden Gate Ventures is an early-stage venture capital firm that invests in technology startups addressing opportunities in Southeast Asia's emerging consumer markets.

B2B MarketplacesFintechSingapore, SG

Kelvin TeoReynold Wijaya

Co-investorsFMG CapitalApolloArdian

Maroumarouchocolate.comin𝕏Oct 2025

Marou Faiseurs de Chocolat is a bean-to-bar chocolate maker that sources premium cocoa beans directly from small farmers across Vietnamese provinces and produces craft dark chocolate entirely from Vietnamese-grown ingredients.

ConsumerDirect to ConsumerFoodTechSaigon, VN

Samuel MarutaVincent Mourou

Masan Consumermasanconsumer.com

Masan Consumer (HOSE: MCH) is a Vietnamese consumer packaged goods company producing food and beverage products, including sauces, seasonings, and energy drinks, for the domestic market with growing export activity.

ConsumerFoodTech

Co-investorsUOB Venture Management

Mutosimutosi.com

Mutosi is a Vietnamese consumer appliance brand offering RO water purifiers, induction cooktops, and related service packages, with quality certified to Japanese standards.

ConsumerHardware

Pizza 4P'spizza4ps.comin

Pizza 4P's is a restaurant chain serving pizza and Italian-style cuisine, known for its house-made cheese and farm-sourced ingredients.

ConsumerHanoi, VN

Masuko Y(Founder)

Co-investorsCool Japan Fund

Traphacotraphaco.com.vnJun 2021

Traphaco is a Vietnamese pharmaceutical company that produces traditional medicine and modern pharmaceuticals using contemporary technology and environmentally sustainable supply chains.

BiotechConsumerHealthtechImpact & Social GoodWellness & FitnessHà Nội, VN

Vietnam Australia International Schoolvas.edu.vninJun 2021

The Vietnam Australia School (VAS) is a bilingual K-12 school offering Cambridge-standard education from preschool through high school, with three learning tracks where students study most subjects in English alongside required Vietnamese subjects toward globally recognized Cambridge certificates.

EdTechHo Chi Minh City, VN

Yolayola.vn

YOLA is a Vietnamese English-language education provider offering academic English instruction, IELTS and Cambridge exam preparation, and support for students seeking admission and scholarships to universities abroad.

EdTech

Co-investorsKaizenvest

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

ABA CooltransEntobelF88FPT CorporationHSV GroupHUSKICPMai SonMaisonMasan FoodMobile WorldNhat Tin LogisticsPharmacityPhu Nhuan JewelryPNJRed WokThai Nguyen Hospital (TNH)Tnh Hospital GroupVua Nem

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Mekong Capital made?
Mekong Capital has 29 tracked investments, including 3 dated in the last 24 months.
What stage does Mekong Capital invest at?
Mekong Capital invests at the Series B stage.
What sectors does Mekong Capital focus on?
Mekong Capital focuses on Advanced Manufacturing, Consumer, E-commerce, Retail Tech.
Where is Mekong Capital located?
Mekong Capital is headquartered in Ho Chi Minh City, VN.
Who does Mekong Capital co-invest with?
Mekong Capital most often shares deals with FMG Capital, Kaizenvest, LeapFrog Investments, among 4 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Interview with Chris Freund Founder of Mekong Capital

thecollerinstitute · Chris Freund

Phim hoạt hình Lẩu Cua - Tác giả: Chris Freund, Mekong Capital

Mekong Capital

Crab Hotpot Cartoon by Chris Freund, Mekong Capital

Mekong Capital

Talkshow Những ngộ nhận và sai lầm khi triển khai văn hóa doanh nghiệp

Mekong Capital

Mekong Capital - The Vision Driven Investing

Mekong Capital

Episode 1: ARE YOU READY FOR A BREAKTHROUGH FUTURE?

Mekong Capital

Images

Mekong Capital photoMekong Capital photoMekong Capital photoMekong Capital photoMekong Capital photoMekong Capital photo

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