Vietnam is an agri-export giant. But agtech VC is still young. One big round pulled in most backers. Here are 12 investors backing Ho Chi Minh City agtech startups in 2026.
Vietnam ships food to markets across the world, yet its agtech venture scene is only now catching up to that scale. Most of the funded deals on record are recent, and the pool of backers remains small.
A single Techcoop round drew much of the field into Vietnamese agtech at once. Specialist funds, from aquaculture investors to development banks, fill in the rest of the map.
You will end up pitching both local and global money, often in the same week. Ellty puts your deck and data behind one link so every fund sees the same numbers.
| Type | Check size | Sector focus | Website | |
|---|---|---|---|---|
| Ascend Vietnam Ventures | VN homegrown VC | ~US$1M-$5M | Agri-supply-chain, agri-fintech | avv.vc |
| TNB Aura | Pan-SEA VC | ~US$3M-$10M+ | Agri-supply-chain, agri-fintech | tnbaura.vc |
| Mandala Capital | Agrifood specialist PE | Varies (PE) | Agri value chains, climate-smart ag | mandala-capital.com |
| AppWorks | Pan-Asia VC | ~US$1M-$5M | Agri-supply-chain, broad tech | appworks.tw |
| Touchstone Partners | VN homegrown VC | ~US$500K-$3M | Precision ag, inputs, climate | touchstone.vc |
| FMO | Development finance institution | Large (DFI scale) | Agri-fintech, supply-chain finance | fmo.nl |
| BlueOrchard | Impact investment manager | Large (impact scale) | Agri-fintech, inclusion, climate | blueorchard.com |
| Aqua-Spark | Aquaculture impact fund | ~US$1M-$5M | Aquaculture, shrimp, seafood | aqua-spark.nl |
| AgFunder | Agrifood specialist VC | ~US$100K-$1M+ | Agtech, aquaculture, foodtech | agfunder.com |
| Mekong Capital | VN consumer/agri PE | ~US$8M-$35M+ | Alt-protein, aquaculture feed | mekongcapital.com |
| VinaCapital Ventures | VN homegrown VC | ~US$1M+ | Agri-supply-chain, marketplace | vinacapital.com |
| Wavemaker Impact | Climate venture builder | ~US$500K-$3M | Climate-agri, rice, regenerative | wavemakerimpact.com |
Pitch local and global agtech money from one link
Agtech funds study farm impact, supply chains, and risk. Ellty shows who opened your numbers so you follow up first.
Start free 14-day trialWhat an agtech investor backs
They want to see real impact on the farm, where yield gains and cost savings show up in the numbers. They study supply chains and weigh the risk, knowing the production cycles here often run long.
A clear, well-built model wins the room before the meeting is over. A tidy fundraising file does much of the same quiet work in the background.
Ellty gives each fund a single link to that file instead of a thread of attachments. You see who opens your deck and how far they read, so you know where the real interest sits.
This is one of the largest-ever Series A financings of a Vietnamese startup.
12 HCMC agtech investors
1. Ascend Vietnam Ventures
AVV anchored Vietnam's biggest agtech round.
Recent Activity: Co-led Techcoop's US$70M 2025 round
LinkedIn: Ascend Vietnam Ventures LinkedIn
Sector Focus: Agri-supply-chain, agri-fintech
Stage Focus: Pre-seed to Series A
Check Size: ~US$1M-$5M
Location: Ho Chi Minh City, Vietnam
Website: avv.vc
2. TNB Aura
TNB Aura backs agri-supply-chain startups.
Recent Activity: Co-led Techcoop's US$70M 2025 round
Sector Focus: Agri-supply-chain, agri-fintech
Stage Focus: Seed to Series A
Check Size: ~US$3M-$10M+
Location: Singapore
Website: tnbaura.vc
3. Mandala Capital
Mandala is a dedicated agrifood investor.
Recent Activity: An early backer of agri platform Techcoop
Sector Focus: Agri value chains, climate-smart ag
Stage Focus: Seed to growth
Check Size: Varies (PE)
Location: India and Southeast Asia
Website: mandala-capital.com
4. AppWorks
AppWorks backs agri-supply-chain tech.
Recent Activity: Joined Techcoop's 2025 Series A
Sector Focus: Agri-supply-chain, broad tech
Stage Focus: Seed to Series A
Check Size: ~US$1M-$5M
Location: Taipei, Taiwan
Website: appworks.tw
5. Touchstone Partners
Touchstone backs precision-ag startups.
Recent Activity: Led soil-tech enfarm's 2024 seed
LinkedIn: Touchstone Partners LinkedIn
Sector Focus: Precision ag, inputs, climate
Stage Focus: Seed to Series A
Check Size: ~US$500K-$3M
Location: Ho Chi Minh City, Vietnam
Website: touchstone.vc
6. FMO
FMO backs agri-finance as a development bank.
Recent Activity: Joined Techcoop's 2025 Series A
Sector Focus: Agri-fintech, supply-chain finance
Stage Focus: Series A to growth
Check Size: Large (DFI scale)
Location: The Hague, Netherlands
Website: fmo.nl
Give each agtech fund one trackable link
Ellty logs when a fund opens your data room. Chase the keen ones first, not days too late.
Start free 14-day trial7. BlueOrchard
BlueOrchard backs agri-fintech for impact.
Recent Activity: Joined Techcoop's 2025 Series A
Sector Focus: Agri-fintech, inclusion, climate
Stage Focus: Series A to growth
Check Size: Large (impact scale)
Location: Geneva, Switzerland
Website: blueorchard.com
8. Aqua-Spark
Aqua-Spark backs sustainable aquaculture.
Recent Activity: Led shrimp-tech Tepbac's 2023 round
Sector Focus: Aquaculture, shrimp, seafood
Stage Focus: Pre-seed to Series A
Check Size: ~US$1M-$5M
Location: Utrecht, Netherlands
Website: aqua-spark.nl
9. AgFunder
AgFunder backs agtech and aquaculture.
Recent Activity: Backed shrimp-tech Tepbac in 2023
Sector Focus: Agtech, aquaculture, foodtech
Stage Focus: Pre-seed to seed
Check Size: ~US$100K-$1M+
Location: San Francisco and Singapore
Website: agfunder.com
10. Mekong Capital
Mekong backs alt-protein and aquaculture feed.
Recent Activity: Backed insect-protein maker Entobel
Sector Focus: Alt-protein, aquaculture feed
Stage Focus: Growth, Series B
Check Size: ~US$8M-$35M+
Location: Ho Chi Minh City, Vietnam
Website: mekongcapital.com
11. VinaCapital Ventures
VinaCapital Ventures backs agri marketplaces.
Recent Activity: Backed agri platform Koina
Sector Focus: Agri-supply-chain, marketplace
Stage Focus: Seed
Check Size: ~US$1M+
Location: Ho Chi Minh City, Vietnam
Website: vinacapital.com
12. Wavemaker Impact
Wavemaker Impact builds climate-agri startups.
Recent Activity: Backed rice-climate startup Rize
LinkedIn: Wavemaker Impact LinkedIn
Sector Focus: Climate-agri, rice, regenerative
Stage Focus: Pre-seed to Series A
Check Size: ~US$500K-$3M
Location: Singapore
Website: wavemakerimpact.com
Why one round drew the field
Techcoop raised US$70M in 2025, and a long list of funds joined that single deal. Big rounds like it are still rare in Vietnam, so the scene stays early and tightly clustered around a few names.
You stand out here by leading with real, measurable impact rather than headline growth alone. For the neighboring sector, see our ecommerce investors guide as well.
Ellty shows you which of those funds actually studies your deck after the first call. You track every open in one place, so the follow-up goes to the partners already paying attention.
What agtech areas get funded
Aquaculture and shrimp draw a steady share of the cash, since Vietnam exports so much seafood each year. Supply-chain tools and farm inputs scale alongside them, and alt-protein is growing into its own theme.
Investors here want to see field results and early traction, not just a roadmap. Keeping your investor relations warm between rounds makes the next conversation far easier to open.
Ellty logs who reads your numbers and which pages they linger on. That signal shows you real intent, well before a term sheet is ever mentioned.
Raising agtech money in Saigon
Line up both local and global funds, since many of the active backers here are impact-driven. That mix means you will share sensitive field data widely, so protect it carefully as it travels.
Use secure file sharing to keep that material under your control across every fund. Lock the most important files against leaks by adding password protection to them.
Ellty sends updates and tracks who reads each one, so momentum stays visible. That steady visibility helps your startup move toward a close with the right partners.
How to pitch an agtech investor
Show real farm impact.
- 1.Show real farm impact.Prove the yield or cost gains your tech delivers on the farm. Back each claim with field numbers, not projections.
- 2.Map your supply chain.Walk the investor through how product and money move end to end. Keep the model clear enough to follow in a single slide.
- 3.Name your raise and runway.State exactly how much you are raising and what it buys. Tie the ask to the milestones it funds and the months it covers.
- 4.Send one Ellty link to your data.Share your deck and data room through a single trackable link. Watch who digs in so you know which funds to chase first.
How Ellty helps you land an agtech investor in Ho Chi Minh City
You have your HCMC agtech list ready. Set up a data room before the first call.
- 1.Upload your deck, metrics, and field data.Set access per fund.
- 2.Share one trackable link per fund.Each fund gets a unique link.
- 3.Watch opens and reply on time.Use analytics to time each nudge.
Ho Chi Minh City agtech investor questions
- Local VCs and global funds. Impact funds back it too.
- No, it stays quite young. A few deals lead it.
- Aquaculture, supply chain, inputs. Alt-protein too.
- Seed runs US$1M to US$5M. Big rounds go far higher.
- Yes, many impact funds do. They back farm impact.
- Before your first investor call. Track who opens your numbers.
