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Ascend Vietnam Ventures (AVV) is an early-stage venture capital firm based in Ho Chi Minh City, investing in tech startups across Vietnam and Southeast Asia. Founded in 2021 by general partners Binh Tran and Eddie Thai, the firm closed its flagship AVV Alpha fund at approximately $64 million.
38% of their portfolio is in Fintech. They made 1 investments in the last 12 months. Average disclosed round size is $7.7M (across 6 rounds with reported amounts).
Portfolio
7
Fund Size
$64M
Top Stage
Unknown
Last 12 Mo
1
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
8 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 TechCoop | Unknown | $11.8M | Apr 2026 |
 BlokID | Seed | — | Jan 2024 |
 Retrocausal | Seed | $5.3M | Nov 2023 |
 mFast | Series A | $6M | Aug 2023 |
| RRetrocausal.ai | Unknown | $5.3M | Jan 2023 |
 Virtual Internships | Series A | $14.3M | Sep 2022 |
| RRetrocausal.ai | Unknown | $3.4M | Mar 2022 |
 Funding Societies | Series C | — | Feb 2022 |
Top Co-Investors
Differential Ventures3 shared
Glasswing Ventures3 shared
Argon Ventures3 shared
Peak XV Partners2 shared
Techstars2 shared
Indicator Ventures2 shared
One Way Ventures2 shared
AppWorks2 shared
Salica Investments1 shared
STIC Investments, Inc.1 shared
Arsenal Growth1 shared
Do Ventures1 shared
JIF Capital1 shared
Wavemaker Partners1 shared
Headline1 shared
Scale Venture Partners1 shared
Incubate Fund1 shared
Canvas Prime1 shared
Smash Capital1 shared
EDBI1 shared
Last updated: 9 September 2026