News & Events
MFast secured Series A funding led by Wavemaker Partners, set sights on regional expansion
MFast, the leading financial services distribution network in Vietnam, has successfully concluded its Series A funding round, led by Wavemaker Partners. The round also saw participation from new investors Finnoventure Fund I, managed by Krungsri Finnovate, and Headline Asia, along with existing investors Do Ventures, JAFCO Asia, and Ascend Vietnam Ventures.
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Do Ventures launches $50 million fund for Vietnamese startups, backed by Naver, Vertex and other notable LPs
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 I, 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.