AVV
- Headquarters
- Ho Chi Minh City, Vietnam
- Website
- avv.co
- Type
- Seed / early-stage
- Stage
- Pre-seed–Series A
- Focus
- Generalist
About
AVV (Ascend Vietnam Ventures) is an early-stage venture capital firm based in Vietnam that backs founders building companies across Southeast Asia and beyond. It typically invests US$250,000 to US$2 million, from idea stage to early traction. Its general partners, Eddie Thai and Binh Tran, began investing together in 2015 when they launched 500 Startups' Vietnam operations, closed a first fund in 2017, launched AVV in 2020 and closed a second fund in 2021. Companies the team has backed include ApplyBoard, Sky Mavis, Turing and Trusting Social. The firm also publishes the Vietnam VC Brief newsletter and runs SHINE initiatives that support female entrepreneurs.
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