Venture Capital

The last six months of 2019 looks promising as VC firms are in the process of closing fresh round of funds.

Limited Partners are warming up to invest in venture capital firms backing startups with great potential.

InnoVen’s Southeast Asia CEO Chin Chao said Vietnam is a crucial market for them.

It manages around USD 3 billion worth of assets across its network of funds.

Its clients include H&M, Walmart, Amazon, Hugo Boss, Armani. and Calvin Klein.

The collaboration aims to boost Japanese investment in Southeast Asia.

Company is now valued over USD 1 billion after closing latest financing, 36Kr has learned.

With a growing pool of talent, well-trained labor for production, and keen interest from investors, Vietnam is presenting itself as one of the hottest destinations for tech startups in Southeast Asia.