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VSV Capital to invest up to $50,000 per team joining Batch 2021

By DA NANG Today / DA NANG Today
April 14, 2021, 09:50 [GMT+7]

VSV Capital Accelerator 2021 Bootcamp was launched at VinUniversity's brand new campus in early April. From 10-15 startups joining this program will get to work in VinUni's modern premises, and receive up to $50,000 cash investment per team from VSV Capital.

Application opens until 11:59pm, May 2, 2021. For more information, please visit VSV Capital website at www.vsvcapital.com.vn/accelerator. 

Batch 2021 will give participating startups the opportunity to develop their ideas and models with initial investment and training programs over four months, working directly with expert advisors in the field.

VSV Capital is committed to working with participating startups during their development, and it will support the resolution of the operational or strategic problems participating startups could face. Startups who have already received support in their development include Lozi, Schoolbus, Ship60, Hachi, True Juice, Minet, and more.

Startups participating in the program will utilise VSV Capital’s available resources such as advisors and co-working space, as well as receive support from VSV Capital’s partner and expert network.

This network includes more than 75 invested startups, more than 60 organisations, and large multidisciplinary corporations involved in the aspects of agriculture, finance, education, communications, artificial intelligence, and blockchain. Included are VIB International Bank, Lotte Group, Samsung, Microsoft, VTC Mobile, Baker McKenzie, and CocCoc.

VSV Capital will support participating startups by building a network of suitable strategic partners, creating a platform to drive their growth.

Programs and activities connecting such investors as FeedBack Day and Demo Day in foreign countries around the world with a growing venture capital industry, including South Korea and Singapore, have become regular activities to create opportunities for startups to reach out directly to investors and investment funds.

VSV Capital is the first original Viet Nam’s Accelerator and Venture Capital firm active since 2014, with $7.2M assets under management. Till date, the firm has made more than 80 investments in 9 countries around the world from Pre-seed to Series B, with $77M portfolio valuation, and a few exits at more than 30X return.

VSV Capital has been operating the leading Accelerator and Pre-seed/Seed Investor for world-class early-stage startups in Viet Nam. 68% of 114 startups graduated from VSV Capital’s Accelerator have succeeded in raising next rounds of funding. Some notable portfolio companies have grown their valuation to up to 600X after 6 years.

Reporting by K. NING – Translating by H.L

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