Seed investors backing Hanoi startups in 2026

13 June 2026·6 min read

Hanoi leads Vietnam on startup count. But most seed money is southern or foreign. A few local funds write first cheques. Here are 14 seed investors backing Hanoi startups in 2026.

Hanoi has the most startups of any city in Vietnam. Yet most seed cash still leans elsewhere, toward Saigon or abroad.

A handful of local funds back founders from day one. Foreign funds from Korea and Japan close many of the remaining deals.

Pre-seed cheques have rebounded since the slow years. Small rounds came back strongly in 2024 and kept their pace into 2026.

You will pitch both local and foreign money in the same raise. Ellty puts your deck, metrics, and model behind one link so every fund sees the same clean room.

TypeCheck sizeSector focusWebsite
ThinkZone VenturesHanoi-based VCUp to ~US$3MFintech, edtech, logisticsthinkzone.vn
VinVenturesHanoi corporate VCSeed to Series AAI, semiconductors, cloudvinventures.net
BK FundHanoi alumni fundUp to ~US$1MDeep tech, edtech, fintechbkfund.vn
NextransKorea-VN VC (Hanoi office)Up to ~US$2MFintech, edtech, SaaSnextrans.vn
Touchstone PartnersPan-VN seed VC~US$500K-$2MAgritech, fintech, climatetouchstone.vc
Ascend Vietnam VenturesPan-VN seed VC~US$1M-$5MAI, SaaS, fintech, marketplacesavv.vc
Genesia VenturesJapan-VN seed VC~US$200K-$1MDX, B2B, consumergenesiaventures.com
CyberAgent CapitalJapanese CVCSeed, ~US$1MGaming, consumer, SaaScyberagentcapital.com
TheVenturesKorea seed fundSeedAI, CX/SaaS, consumer techtheventures.vc
Earth Venture CapitalClimate seed VCSeed to Series AClimate, energy, decarbonizationearth.vc
AntlerDay-zero accelerator-VC~US$120K + follow-onSector-agnostic, AI-leaningantler.co
Ansible VenturesPre-seed/seed VC~US$100K-$1MConsumer internet, SME softwareansible.ventures
500 GlobalGlobal seed fund~US$250K-$500KSector-agnostic tech500.co
FEBE VenturesPan-VN seed VC~US$250K-$1MB2B software, health, sustainabilityfebe.vc

Run your seed raise from one data room

Seed funds read fast and pass faster. Ellty shows who opened your deck so you chase the keen ones first.

Start free 14-day trial

What a seed investor backs

A seed investor backs a team and the earliest signs of pull. Revenue is a bonus at this stage, not a strict requirement.

They will lead a small round or join one alongside others. Either way they want a real stake in what you are building.

A clear plan speeds the path to a yes. A tidy fundraising file lets a fund move through your numbers without friction.

Ellty gives each fund a single link to your materials. You see exactly who reads your deck and how far they get.

US$2.3B
VN private capital 2024
Across about 141 deals
~150
Active investors in Vietnam 2024
The most since 2021
57
VN deals under US$0.5M in 2024
Seed and pre-seed rebounded
~45%
VN startups at pre-seed stage
The largest share by stage
Filum AI is one of the rare startups with strong technological expertise and the potential to deliver real business value.
VinVentures, 2025

14 Hanoi seed investors

1. ThinkZone Ventures

ThinkZone is Hanoi's biggest local fund.

Recent Activity: Now manages the Hanoi BK Fund

LinkedIn: ThinkZone Ventures LinkedIn

Sector Focus: Fintech, edtech, logistics

Stage Focus: Pre-seed to Series A

Check Size: Up to ~US$3M

Location: Hanoi, Vietnam

Website: thinkzone.vn

2. VinVentures

VinVentures is Vingroup's Hanoi venture arm.

Recent Activity: Co-invested in AI startup Filum in 2025

Sector Focus: AI, semiconductors, cloud

Stage Focus: Seed to Series A

Check Size: Seed to Series A

Location: Hanoi, Vietnam

Website: vinventures.net

3. BK Fund

BK Fund pools HUST alumni capital.

Recent Activity: An early backer of EWA startup Gimo

Sector Focus: Deep tech, edtech, fintech

Stage Focus: Pre-seed, seed

Check Size: Up to ~US$1M

Location: Hanoi, Vietnam

Website: bkfund.vn

4. Nextrans

Nextrans keeps a Hanoi office for VN deals.

Recent Activity: Co-invested in AI startup Filum in 2025

LinkedIn: Nextrans Vietnam LinkedIn

Sector Focus: Fintech, edtech, SaaS

Stage Focus: Seed to Series A

Check Size: Up to ~US$2M

Location: Seoul, with a Hanoi office

Website: nextrans.vn

5. Touchstone Partners

Touchstone backs early VN founders.

Recent Activity: Led soil-tech enfarm's 2024 seed

Sector Focus: Agritech, fintech, climate

Stage Focus: Seed

Check Size: ~US$500K-$2M

Location: Ho Chi Minh City, Vietnam

Website: touchstone.vc

6. Ascend Vietnam Ventures

AVV leads early VN rounds.

Recent Activity: Led Pulse Tech's US$3M 2025 seed

LinkedIn: Ascend Vietnam Ventures LinkedIn

Sector Focus: AI, SaaS, fintech, marketplaces

Stage Focus: Seed to Series A

Check Size: ~US$1M-$5M

Location: Ho Chi Minh City, Vietnam

Website: avv.vc

Send each seed fund one trackable link

Ellty logs when a fund opens your numbers. Follow up at the right moment, not a week too late.

Start free 14-day trial

7. Genesia Ventures

Genesia is a top-active VN early-stage VC.

Recent Activity: A top-active VN investor in 2024

Sector Focus: DX, B2B, consumer

Stage Focus: Pre-seed, seed

Check Size: ~US$200K-$1M

Location: Tokyo, with a Vietnam team

Website: genesiaventures.com

8. CyberAgent Capital

CyberAgent backs gaming and consumer startups.

Recent Activity: Backed Hanoi game studio Panthera

Sector Focus: Gaming, consumer, SaaS

Stage Focus: Seed

Check Size: Seed, ~US$1M

Location: Tokyo, Japan

Website: cyberagentcapital.com

9. TheVentures

TheVentures led a Hanoi AI seed round.

Recent Activity: Led AI startup Filum's 2025 seed

Sector Focus: AI, CX/SaaS, consumer tech

Stage Focus: Seed

Check Size: Seed

Location: Seoul, South Korea

Website: theventures.vc

10. Earth Venture Capital

Earth VC backs Vietnamese climate tech.

Recent Activity: Backs Vietnamese climate startups

Sector Focus: Climate, energy, decarbonization

Stage Focus: Seed to Series A

Check Size: Seed to Series A

Location: Vietnam

Website: earth.vc

11. Antler

Antler writes day-zero cheques to new teams.

Recent Activity: Made 21 VN investments in 2024

LinkedIn: Antler LinkedIn

Sector Focus: Sector-agnostic, AI-leaning

Stage Focus: Pre-seed, day-zero

Check Size: ~US$120K + follow-on

Location: Singapore, with a VN program

Website: antler.co

12. Ansible Ventures

Ansible backs pre-seed Vietnamese founders.

Recent Activity: Backed iNexus in its 2025 seed

Sector Focus: Consumer internet, SME software

Stage Focus: Pre-seed to pre-Series A

Check Size: ~US$100K-$1M

Location: Ho Chi Minh City, Vietnam

Website: ansible.ventures

13. 500 Global

500 Global backs early VN founders.

Recent Activity: A long-active VN seed fund

Sector Focus: Sector-agnostic tech

Stage Focus: Pre-seed, seed

Check Size: ~US$250K-$500K

Location: USA, with a VN team

Website: 500.co

14. FEBE Ventures

FEBE backs early Vietnamese founders.

Recent Activity: Runs a US$75M VN-focused fund

Sector Focus: B2B software, health, sustainability

Stage Focus: Pre-seed, seed

Check Size: ~US$250K-$1M

Location: Ho Chi Minh City, Vietnam

Website: febe.vc

Why seed money leans south

Most seed funds still sit in Saigon rather than the capital. Foreign funds from abroad fill in much of the rest.

Hanoi leads the country on raw startup count. Yet the funding map favors the south, where the larger pools of capital cluster.

Pitch beyond Hanoi early so you are not waiting on a thin local field. See our agtech investors guide for more on the regional split.

Ellty lets you share your data across cities from one place. Track who opens it first and lean into the warmest funds.

What sectors win seed cash

AI and SaaS lead the deal flow today. Fintech and gaming keep growing their share of seed rounds.

Climate tech now draws real money into the market. Hanoi in particular carries deep AI strength out of its universities.

Match your pitch to each fund's thesis before you reach out. See our Saigon seed guide for how the southern theses differ.

Ellty shows you who digs in deep on your numbers. It logs every read live so you know where real interest sits.

Raising seed money in Hanoi

Run a tight process with a clear deadline. Line up your funds to start at once so momentum builds.

Protect your data as you share it widely. Use secure file sharing so nothing leaks past the people you invited.

Lock the most sensitive files against leaks. Add password protection to the ones you cannot risk forwarding.

Ellty sends updates and tracks every read in one place. That visibility helps your startup close the round on time.

How to pitch a seed investor

Show a sharp team and early pull.

  1. 1.
    Show a sharp team and early pull.
    Open with the people and why they are the ones to build this. Make the vision land in the first two minutes so the rest of the pitch has somewhere to go.
  2. 2.
    Prove a little real traction.
    Point to the early signal you already have, whether that is users, revenue, or a sharp retention curve. Numbers beat promises, so let the data carry the claim instead of adjectives.
  3. 3.
    Name your round size and plan.
    State exactly how much you are raising and what the money buys over the next 18 months. Keep the ask tight and tied to clear milestones a seed fund can underwrite.
  4. 4.
    Send one Ellty link to your data.
    Share a single trackable Ellty link instead of email attachments that scatter across inboxes. Watch who digs in and how long they spend so you know which funds to chase first.

How Ellty helps you land a seed investor in Hanoi

You have your Hanoi seed list ready. Set up a data room before the first call.

  1. 1.
    Upload your deck, metrics, and model.
    Set access per fund.
    Upload file in data room
  2. 2.
    Share one trackable link per fund.
    Each fund gets a unique link.
    Set permissions data room
  3. 3.
    Watch opens and reply on time.
    Use analytics to time each nudge.
    Analytics data room
Start free 14-day trial

Hanoi seed investor questions

Who leads VN seed rounds?
Local and foreign funds. Many sit in the south.
Does Hanoi lead on startups?
Yes, on count it does. But funding favors Saigon.
How big is a seed round?
Often US$0.5M to US$3M. Some go higher.
What sectors get funded?
AI, SaaS, fintech, gaming. Climate tech too.
Do foreign funds invest here?
Yes, Korea and Japan lead. Singapore funds too.
When should I set up an Ellty data room?
Before your first seed call. Track who opens your numbers.

Author

Internal team behind the product.

This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Cookie Policy.