Do Ventures leads $1.5M Pre-Series A round of MFast, a fintech solution driving financial inclusion

On June 21, 2021, Do Ventures announced its investment in MFast - a fintech platform that enables every Vietnamese to access, use and introduce financial and insurance service packages among other product segments. The $1.5M Pre-Series A round included Do Ventures as lead investor and JAFCO Asia as co-investor.

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Do Ventures leads $1.5M Pre-Series A round of MFast, a fintech solution driving financial inclusion

Vietnam Innovation and Tech Investment Report 2020 out now

On May 31st, 2021, Do Ventures and the Vietnam National Innovation Center (NIC) co-publish the Vietnam Innovation and Tech Investment Report 2020.

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Vietnam Innovation and Tech Investment Report 2020 out now

Do Ventures has a third investment in edtech startup Manabie

Do Ventures is pleased to announce our investment in Manabie – an online education platform that brings Japan’s high-quality education to Vietnam.

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Do Ventures has a third investment in edtech startup Manabie

Palexy raises $1 million in the seed round of financing led by Do Ventures and Access Ventures

Palexy, an AI analytics company that offers solutions to retailers, has successfully finalized a $1 million seed round led by Do Ventures and Access Ventures.

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Palexy raises $1 million in the seed round of financing led by Do Ventures and Access Ventures

Do Ventures Onboarding AI Guru as Venture Partner

Do Ventures is pleased to announce that Dr. Thuc Vu has joined the team after months of talks.

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Do Ventures Onboarding AI Guru as Venture Partner

Do Ventures announced the first investment of $900,000 in F99

F99 is a platform that enables farmers to bypass traditional intermediaries to sell fruits directly to consumers.

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Do Ventures announced the first investment of $900,000 in F99

News & Events

CẨM NANG PHÒNG CHỐNG COVID-19
July 28, 2021

CẨM NANG PHÒNG CHỐNG COVID-19

Trước tình hình dịch bệnh Covid-19 diễn biến ngày càng phức tạp trên toàn quốc, Do Ventures mong muốn chia sẻ một số thông tin hữu ích tổng hợp được dưới đây nhằm góp phần hỗ trợ cộng đồng doanh nghiệp Việt Nam vượt qua dịch bệnh.

Do Ventures leads $1.5M Pre-Series A round of MFast, a fintech solution driving financial inclusion
June 21, 2021

Do Ventures leads $1.5M Pre-Series A round of MFast, a fintech solution driving financial inclusion

On June 21, 2021, Do Ventures announced its investment in MFast - a fintech platform that enables every Vietnamese to access, use and introduce financial and insurance service packages among other product segments. The $1.5M Pre-Series A round included Do Ventures as lead investor and JAFCO Asia as co-investor.

Deals of less than US$500K up but later-stage deals down in Vietnam in 2020: Report
May 31, 2021

Deals of less than US$500K up but later-stage deals down in Vietnam in 2020: Report

The total capital invested decreased by 48 per cent to US$451M in 2020, reveals a study jointly conducted by Do Ventures and NIC.

Vietnam Innovation and Tech Investment Report 2020 out now
May 31, 2021

Vietnam Innovation and Tech Investment Report 2020 out now

On May 31st, 2021, Do Ventures and the Vietnam National Innovation Center (NIC) co-publish the Vietnam Innovation and Tech Investment Report 2020.

Office Hours - [Been there done that]
Event April 12, 2021

Office Hours - [Been there done that]

Do Ventures is excited to launch a monthly Office Hours where tech-centric founders can meet and engage with our Partners and experienced guest mentors. The purpose of the program is to help equip founders with important knowledge in building and running a startup and at the same time revealing the tips to successfully raise funds.

Reports

Vietnam Innovation & Tech Investment Report FY2020

Vietnam Innovation & Tech Investment Report FY2020

Vietnam Tech Investment Report 2019 - H1 2020

Vietnam Tech Investment Report 2019 - H1 2020

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dzung
nguyen
The iconic investor

Dzung Nguyen

Co-founder and General Partner

Dzung Nguyen is an iconic investor in the startup ecosystem in Vietnam with an impressive record of incubating top-tier startups that were recognized as pioneers in their respective fields. In 2008, he was one of the first members of CyberAgent Capital, a venture arm of CyberAgent group from Japan.

He initiated a leading venture investment practice for the firm in Vietnam and Thailand. As an early partner of startups, Dzung is deeply dedicated to helping founders build successful companies. He is recognized for his ability to venture build successful startups from scratch to hundred-million-dollar valuation, notably his investments in TIKI.VN, FOODY.VN, BATDONGSAN.COM.VN, VEXERE, CLEVERADS, etc.

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Vy
Le
The operations guru

Vy Le

Co-founder and General Partner

Vy Le is the Co-founder and General Partner of Do Ventures. She is an innovative serial entrepreneur with extensive experience in operations and keen insights into the Vietnam market. At 13, she founded TmSpeed Network, specialized in web development and hosting service. In 2010, Vy founded Chon.vn and served as CEO, developing the platform into one of the most popular online fashion shopping centers in Vietnam. In 2014, she exited Chon.vn to Vingroup, the largest private conglomerate in Vietnam. She then served as the CEO of Vingroup’s ecommerce subsidiary, Adayroi.com, and successfully scaled the company from scratch to reach a few hundred million USD in revenue. Throughout her career, she is known as an innovative leader with an outstanding ability to inspire employees and facilitate teamwork, creativity, and productivity.

Vy graduated as Valedictorian from Georgetown University (United States). She holds a Bachelor’s degree in Finance.

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Truc
Tran

Truc Tran

Investment Officer

Truc Tran is an Investment Officer at Do Ventures. He is responsible for deal sourcing, due diligence, and portfolio management. Prior to joining Do Ventures, Truc was an Investment Associate at ESP Capital, where he supported the fund in sourcing deals, performing due diligence, and conducting portfolio fundraising activities. He started his career in the banking industry in Vietnam. Through his experience of advising financial services and conducting due diligence on the business of local companies, he has developed a profound understanding in business appraisal in various industries. Truc holds a Bachelor’s degree in Finance and Banking from Banking University (Vietnam) and an MBA degree from Raymond A. Mason School of Business, the College of William and Mary (United States).

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Anh
Vuong

Anh Vuong

Investment Officer

Anh Vuong is an Investment Officer at Do Ventures. He is responsible for deal sourcing, due diligence, and various deal supporting activities. Prior to joining Do Ventures, he was an Investment Associate at ESP Capital, where he successfully contributed to deal sourcing activities of the fund. He was also in charge of supporting portfolio companies in terms of business development and fundraising. In his early career, he built his business foundation by starting Tiemsap, a retail startup in Vietnam that focused on hair and grooming products for men. Nhat Anh holds a Bachelor’s degree in English and International Business Economics from Foreign Trade University (Vietnam).

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Dung
Nguyen

Dung Nguyen

Investment Officer

Dung is an Investment Officer at Do Ventures. She is responsible for deal sourcing, due diligence, and deal management. Prior to joining Do Ventures, she was a manager of Transaction Advisory Services at Ernst and Young Consulting Vietnam (EY). She led a team of 8 analysts and associates to perform M&A advisory work, financial modelling, and strategic planning for both buy-side and sell-side in various sectors, including healthcare, insurance, banking, agriculture, etc. She started her career as an audit associate at EY.

Dung holds a Master’s degree in Accounting and Finance from Sheffield Hallam University (United Kingdom) and a Bachelor’s degree in Accounting and Finance from Vietnam National University (Vietnam).

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Hieu
Tran

Hieu Tran

Investment Analyst

Hieu Tran is an Investment Analyst at Do Ventures. He is responsible for market research & analysis, deal sourcing, and various deal supporting activities. Prior to joining Do Ventures, Hieu was an Investment Analyst at ESP Capital, where he performed market research on consumer tech sector and vetted early-stage startup investments. He was also in charge of building the fund's internal databases such as funding activities in the Vietnam market and investor bank in SEA. Before that, he interned with Red Square Vietnam - a local boutique investment and advisory firm which advised TPG - a global PE firm on deal sourcing in Vietnam. He worked closely with the team to conduct top-down market research and build up the deal flow database for TPG. Hieu holds a Bachelor’s degree in International Economics from Foreign Trade University (Vietnam).

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Tuan
Nguyen

Tuan Nguyen

Senior Growth Officer

Tuan Nguyen is a Senior Growth Officer at Do Ventures. He is a senior data scientist with a well-rounded skill set, focusing on data analytics, business intelligence, and applied data science. With seven years of experience in the field, he used to lead the data science practice at many sizable corporations in online retail, supermarkets, and hotel chains. He also has experience in building member of data-focused disciplines from scratch. His strength is to work with various key stakeholders to deliver measurable results that align with the top management’s priorities and the company’s values.

He holds a Bachelor’s degree in Finance from SolBridge International School of Business (South Korea).

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Nhi
Nguyen

Nhi Nguyen

Senior Growth Officer

Nhi Nguyen is a Senior Growth Officer at Do Ventures. He is an experienced leader in online business and best known for his management positions at leading Online Grocery and Food Delivery businesses in Vietnam. He started his career as a business analyst at VinEcom, and he was one of the first members to build the foundation for Vinmart’s online grocery operations. Later on, he was promoted to Head of online Grocery at Vinmart, managing all aspects of the business from supply management, sales development, online marketing, to logistics and supply chain management. In 2018, Nhi served as Managing Director of Vietnammm.com, one of the leading food delivery platforms and became COO of Baemin Vietnam when the company was acquired by Baemin. He has an outstanding ability to bridge the gap between technology understanding and business operations. Throughout his career, he has successfully demonstrated his ability to design operations flow and leverage data to optimize online conversion rate for many businesses.

He holds a Master’s degree in Economics from Vietnam – Netherlands Master Program, and a Bachelor’s degree in Public Administration from National Academy of Public Administration (Vietnam).

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Cuong
Tran

Cuong Tran

Investment Analyst

Cuong is an Investment Analyst at Do Ventures. Prior to joining Do Ventures, he served as Operations & Investor Relation Manager for Anvui, a B2B SaaS startup for long-distance transportation. Before that, he also joined ULEAD Program at Unilever and became the branch manager at AIESEC Vietnam. He holds a Bachelor’s degree in International Economics from Foreign Trade University (Vietnam).

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Long
Lam

Long Lam

RVC

Long is currently an RVC (rising venture capitalist) of the VC Leadership Program at Do Ventures. Prior to joining Do Ventures, he co-founded a prop-tech startup in Vietnam to provide digitalized solutions to real-estate agents. He also had one year’s experience in Investment Banking at SSI. He holds a Master’s degree in Professional Accounting and Finance from Holmes Institute and Monash University (Australia). He holds a Bachelor’s degree in Commerce from University of Melbourne (Australia).

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Nhung
Nguyen

Nhung Nguyen

Executive Assistant

Nhung is an Executive Assistant at Do Ventures. She is responsible for ensuring smooth operations of the fund by taking charge of overall administrative activities in the office and coordinating meetings for the management team.

She was previously Secretary to the Vice President and Translation Team Leader at Asia Commercial Bank (ACB). She also served as Customer Service Officer at Singapore Airlines and Administrative Assistant at Samsung Vina Insurance. She holds a Bachelor’s degree in English and Literature from University of Social Sciences & Humanities (Vietnam).

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Thuc
Vu

Thuc Vu

Venture Partner

Thuc Vu is a Venture Partner at Do Ventures. He is a serial entrepreneur and a world-class scientist with extensive experiences in Silicon Valley and Vietnam. A seasoned expert in Artificial Intelligence and Algorithms, he is the CEO and co-founder of OhmniLabs, a company that creates affordable home telepresence robots to connect distant families and improve life quality. Previously, he founded a number of tech companies, notably Katango and Tappy, which were acquired by Google and Weeby.co. He serves as a Research Scientist and Assistant Professor at Jon von Neumann Institute (Vietnam) and co-founded VietSeeds Foundation. Thuc also advises a number of startups and connects them with resources in the Bay Area and Vietnam. At Do Ventures, Thuc is responsible for sourcing deals from Vietnamese communities in the US and other countries. With his deep expertise in computer science, he is also in charge of providing technology support for portfolio companies. In 2017, Thuc was nominated as one of the most 40 influential people under 40 years old in Silicon Valley by the Silicon Valley Business Journal. He earned his Ph.D. from Stanford University (USA) and a Bachelor of Science from Carnegie Mellon (USA), both in computer science.

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Anh
Nguyen

Anh Nguyen

Finance & Accounting Manager

Anh Nguyen is Finance and Accounting Manager at Do Ventures. He is primarily responsible for finance & accounting aspects and pre & post- investment activities. Prior to joining Do Ventures, he was Chief Financial Officer at a leading hostel chain in Vietnam, where he played a significant role in restructuring and improving the chain’s profit. In his early career, he started as an auditor and consultant at PricewaterhouseCoopers Vietnam- one of the Big Four accounting firms. Through more than 10 years of professional working experience in a wide range of industries and business models, he is highly respected for his deep knowledge, profound insights of the market, as well as strong professional and ethical code of conduct. He holds a Bachelor of Business Administration from Hanoi University (Vietnam) and currently a member of Association of Chartered Certified Accountants (UK).

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Trang
Phan

Trang Phan

Brand Manager

Trang Phan is a mission-oriented Brand Manager at Do Ventures. With extensive experience in communications and public relations, she is passionate about supporting talented entrepreneurs and providing solutions through a creative yet pragmatic approach. Prior to joining Do Ventures, she was with Endeavor Vietnam and Forbes Vietnam.

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Kien
Vu

KIEN Vu

Growth Officer

Kien Vu is a Growth Officer at Do Ventures. He is a senior data analyst with a well-rounded skill set, focusing on data analytics, business intelligence, and applied data science. With five years of experience in the field, he used to lead the Business Intelligence practice at many sizable corporations in banking, homestay, and hotel chains.