AVV

Founded in 2021, Ascend Vietnam Ventures is a venture capital firm based in Ho Chi Minh City, Vietnam. The firm seeks to invest in Southeast Asia-based companies operating in the technology, b2c, artificial intelligence, future of work, wellness, hardware, SaaS, marketplaces, b2b, b2b2c, edtech, gaming, fintech, consumer, and blockchain sectors.

Hau Ly

Partner

Thao Nguyen

Investor

Le Nguyen

Analyst

Minh Ta

Associate

Eddie Thai

General Partner

Past deals in Vietnam

MFast (DigiPay J.S.C.)

Series A in 2022
MFast operates as a fintech platform. MFAST is a brand under Digital Payment Solution Joint Stock Company - DigiPay JSC.

Foodmap

Seed Round in 2022
FoodMap is a startup focused on connecting consumers with ethical farmers and food suppliers through an online food delivery platform. The company simplifies the process of ordering fresh produce by offering a range of organic products, including fruits, vegetables, cereals, oils, nuts, meat, and seafood. These products are directly sourced from farmers, allowing customers to purchase high-quality food items online and have them delivered to their homes. FoodMap aims to promote transparency and support sustainable farming practices while making fresh, nutritious food accessible to a wider audience.

Kilo

Seed Round in 2021
Kilo develops a retail platform that provides retailers access to price, assortment, and inventory management. The platform is designed specifically to serve small and medium-sized retailers. The Kilo network effect creates a virtuous growth cycle for both supply and demand.
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