Ascend Vietnam Ventures

Overview

Ascend Vietnam Ventures (AVV) is an early-stage venture capital firm based in Ho Chi Minh City, Vietnam. The firm focuses on investing in Vietnamese startups, aiming to empower tech entrepreneurs to positively transform lives worldwide. AVV's team comprises diverse professionals united by a deep respect for founders and their entrepreneurial journey. The firm's current fund supports startups with investments ranging from $500,000 to $2 million. AVV's investment strategy targets sectors such as technology, fintech, edtech, enterprise SaaS, and healthtech. The firm seeks to identify and support innovative companies with the potential for global impact. AVV's portfolio includes companies like Kilo, a SaaS and wholesale marketplace; Virtual Internships, a remote internship placement and management platform; T&C Logistics, an e-commerce fulfillment platform; and Mandu, a social commerce platform focused on reseller enablement. Since its inception, AVV has demonstrated a commitment to fostering diversity among founders. This commitment led to the development of the SHINE initiative, launched in partnership with the Australian Government’s Investing in Women initiative. The SHINE program has organized training, mentoring, and community-building programs for over 60 women entrepreneurs and executives, helping them advance their growth, leadership, and capital strategies, as well as expand their support network.

Investment Focus

• Innovative technology solutions
• Scalable business models
• Strong founding teams

Portfolio Companies