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AVV (Ascend Vietnam Ventures)

Ascend Vietnam Ventures (AVV) is an early-stage venture capital firm based in Ho Chi Minh City, Vietnam, focusing on seed-stage technology startups across Southeast Asia. The firm is known for its active investment strategy and support for ambitious founders.

Website
avv.co
Founded
2015
Recorded stages
Pre Seed, Seed, Accelerator
Focus sectors
Web3, AI, Edtech, Fintech, Agtech
Recorded regions
Southeast Asia, Vietnam

Online destinations

Find AVV (Ascend Vietnam Ventures) online

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Official links

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Overview

Ascend Vietnam Ventures (AVV) is an early-stage venture capital firm founded in 2015 and based in Ho Chi Minh City, Vietnam. The firm focuses on backing ambitious founders and helping them scale their companies across Southeast Asia and beyond. AVV invests in seed-stage technology startups primarily in Vietnam and Southeast Asia, with a sector-agnostic approach. Their portfolio includes companies in various fields such as artificial intelligence, fintech, edtech, SaaS, e-commerce, healthtech, agritech, gaming, and web3. AVV typically invests between $250,000 and $2 million in initial seed rounds, with the potential for follow-on investments of up to $5 million. The firm has invested in over 100 companies, including notable unicorns like ApplyBoard, Sky Mavis, and Turing. Additionally, AVV runs initiatives like SHINE, which supports female entrepreneurs through training and mentorship.

Focus

AVV invests in early-stage companies, typically providing funding ranging from $250,000 to $2 million. The firm supports startups from the idea stage through to early traction and scaling, emphasizing hands-on support and leveraging the team's operational experience to assist founders.

Support

AVV provides hands-on support to its portfolio companies, leveraging the team's operational experience to help founders navigate competitive markets and achieve sustainable growth.

Questions

What are AVV's investment criteria?

AVV focuses on early-stage technology startups in Southeast Asia, particularly in Vietnam. The firm typically invests between $250,000 and $2 million in seed rounds, with a preference for sectors such as web3, AI, edtech, fintech, and agtech.

How can startups apply for funding from AVV?

Startups can apply for funding through the AVV website at avv.co/connect or contact them via email at contact@avv.co. The firm encourages founders to present their business models and growth strategies clearly.

What makes AVV different from other venture capital firms?

AVV is Vietnam's first institutional seed fund, which allows it to leverage a unique understanding of the local market. The firm emphasizes hands-on support and operational experience, helping founders navigate competitive landscapes effectively.

What is AVV's geographic scope?

AVV primarily focuses on Southeast Asia, with a strong emphasis on Vietnam. The firm is dedicated to supporting local founders and startups that aim to scale within the region.

What is AVV's post-investment involvement like?

AVV provides hands-on support to its portfolio companies, leveraging the team's operational experience to assist founders in achieving sustainable growth. This includes strategic guidance, mentorship, and access to resources that can help startups scale effectively.

What is the typical check size for AVV's investments?

AVV typically invests between $250,000 and $2 million in initial seed rounds, with the potential for follow-on investments of up to $5 million as companies grow and require additional funding.

Check your startup’s fit

Check your startup’s fit with AVV (Ascend Vietnam Ventures)

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