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Ascend Vietnam Ventures

Founders Binh Tran Eddie Thai

Overview

Investments

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 14
Average round size
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The average size of a deal this fund participated in
$13M
Portfolio companies 12
Rounds per year 4.67
Lead investments 2
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.14
Key employees Soon
Stages of investment
Early Stage Venture
Seed

Areas of investment

  • FinTech
  • Financial Services
  • Small and Medium Businesses
  • Industrial Automation
  • Augmented Reality

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Techcoop

$5M21 Mar 2024 Vietnam, Ho Chi Minh City, Vietnam

BlokID

Blockchain
$1M31 Jan 2024 Nyack, New York, United States

MFast

Financial Services
FinTech
$6M29 Aug 2023 Vietnam, Saint James, Jamaica

Cerebry

Artificial Intelligence
E-Learning
Information Technology
$1M28 Jun 2023 Singapore, Central Region, Singapore

Virtual Internships

EdTech
Education
$14M14 Sep 2022 London, England, United Kingdom

MFast

Financial Services
FinTech
$2M18 Jul 2022 Vietnam, Saint James, Jamaica

Mandu

Market Research
Marketplace
Warehousing
$1M30 Mar 2022 Hanoi, Vietnam

Modalku

B2B
Consumer Lending
E-Commerce
Financial Services
FinTech
Lending
Marketplace
Small and Medium Businesses
16 Feb 2022 Indonesia, East Java, Indonesia

Funding Societies

Commercial Lending
Financial Services
FinTech
Funding Platform
Lending
$144M15 Feb 2022 Singapore, Central, Singapore

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Total investments 14
Average round size 13M
Rounds per year 4.67
Peak activity year 2022
Lead investments 2
Follow on index 0.14
Group Appearance index 0.86

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Techcoop

$5M21 Mar 2024 Vietnam, Ho Chi Minh City, Vietnam

BlokID

Blockchain
$1M31 Jan 2024 Nyack, New York, United States

MFast

Financial Services
FinTech
$6M29 Aug 2023 Vietnam, Saint James, Jamaica

Cerebry

Artificial Intelligence
E-Learning
Information Technology
$1M28 Jun 2023 Singapore, Central Region, Singapore

Virtual Internships

EdTech
Education
$14M14 Sep 2022 London, England, United Kingdom

MFast

Financial Services
FinTech
$2M18 Jul 2022 Vietnam, Saint James, Jamaica

Mandu

Market Research
Marketplace
Warehousing
$1M30 Mar 2022 Hanoi, Vietnam

Modalku

B2B
Consumer Lending
E-Commerce
Financial Services
FinTech
Lending
Marketplace
Small and Medium Businesses
16 Feb 2022 Indonesia, East Java, Indonesia

Funding Societies

Commercial Lending
Financial Services
FinTech
Funding Platform
Lending
$144M15 Feb 2022 Singapore, Central, Singapore
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