Over the course of the next six months, AVV, an early-stage venture capital firm with headquarters in Vietnam, plans to invest $6 million in six startups through AVV Fund 2, its second flagship fund.
In a statement released on Friday, the company stated that this fund is a follower of 500 Startups Vietnam, now known as AVV Fund 1.
The declaration reaffirms AVV’s continued dedication to supporting progressive businesspeople and high-potential enterprises, especially those with innovative ideas and close ties to Vietnam.
Believing in the power of exceptional teams is at the core of AVV’s investment thesis.
With a generalist approach, the company is particularly interested in startups that are innovating in a variety of industries.
AVV is actively looking for businesses that are influencing the future of technology and business in the area and beyond, from cutting-edge verticals like agentic AI infrastructure and cybersecurity to artificial intelligence (AI)-driven solutions and Software-as-a-Service (SaaS) aimed at conventional industries like logistics, manufacturing, and accounting.
“AVV invests at the pre-seed and seed stage, where conviction matters most and catalytic capital can shape outsized outcomes,
“The firm backs founders with bold visions, deep technical or operational acumen, and the resilience to build enduring and market-defining companies,” said Binh Tran, Co-founder and General Partner.
“While based in Vietnam, AVV’s portfolio spans teams with global ambitions, from regional category creators to globally competitive product-first startups,
“The firm is especially drawn to markets undergoing structural change, where technology can unlock transformative improvements in productivity, access, or trust,” he added.
AVV usually closes the largest deals, with initial check sizes between $250,000 and $2 million.
Even though having ties to Vietnam is important, AVV is willing to invest abroad when the opportunity is very strong.
The statement said that rather than being a new source of funding, this serves as a reminder of AVV’s overarching goal of creating an environment that supports adventurous, resourceful founders.
It stated that in addition to investing capital, AVV has made a name for itself as a prominent voice in Vietnam’s startup scene by offering practical assistance, mentoring, and connections within the region.
The company is prepared to support Vietnam’s next generation of innovative businesses, according to AVV, thanks to its extensive technical and operational experience as well as its strong belief in talent and execution.
The Ho Chi Minh City-based venture capital firm AVV makes investments in early-stage tech startups worldwide.
Among its portfolio companies are the unicorns in AI infrastructure (Turing), edtech (ApplyBoard), web3 gaming (Sky Mavis), and fast-growing agritech (TechCoop).
