Brand new investment firm “Do Ventures” has said it had closed its fund for Vietnamese startups. The fund is backed by several of Asia’s leading institutional investors.
Do Ventures launches $50 million fund for Vietnamese startups, backed by Naver, Vertex and other notable LPs – TechCrunch
New investment firm Do Ventures announced today the first closing of its fund for Vietnamese startups, which is backed by several of Asia’s most notable institutional investors. Called Do Ventures Fund the investment vehicle has hit more than half of its $50 million target, with limited partners including Korean internet giant Naver; Sea, whose businesses include Garena and Shopee; Singapore-based venture capital firm Vertex Holdings; and Korean app developer Woowa Brothers.
Link: Do Ventures launches $50 million fund for Vietnamese startups, backed by Naver, Vertex and other notable LPs
via techcrunch.com
