AV

Ascend Vietnam Ventures

Venture Capital

Ascend Vietnam Ventures (AVV) is a Vietnam-focused early-stage venture capital firm co-founded by Eddie Thai and Binh Tran, both former partners at 500 Startups Vietnam. AVV invests in exceptional tech founders building companies in Vietnam and Southeast Asia, with a mission to help build iconic companies that transform people's lives. The firm integrates gender lens investing principles into its thesis.

Ho Chi Minh City, Vietnam · 7+ investments

Pre-Seed
Seed
Early Stage
Artificial Intelligence
EdTech
Fintech
Future of Work
SaaS
Headquarters
Ho Chi Minh City, Vietnam
Founded
2021
AUM
$50.0M
Total Investments
7
Last Investment
Jul 2025
Geographic Focus
Southeast Asia, Vietnam

Investment Thesis

Back exceptional tech entrepreneurs in Vietnam and Southeast Asia building iconic, high-impact companies. Focuses on pre-seed to Series A startups across technology verticals including AI, SaaS, fintech, and future of work. Writes checks of $500K–$2M with a strong emphasis on founder quality and Vietnam-based founding teams.

Ascend Vietnam Ventures is a Venture Capital firm based in Ho Chi Minh City, Vietnam. It has made 7 investments in Artificial Intelligence and EdTech.

Investment History

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