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Do Ventures is an early-stage venture capital firm based in Ho Chi Minh City, investing in high-impact technology companies across Vietnam and Southeast Asia. Founded in 2020, the firm takes a hands-on approach to help startups build business models and scale operations.
39% of their portfolio is in Education. Their most common stage is series-a (61% of deals). Average disclosed round size is $4.2M (across 23 rounds with reported amounts).
Portfolio
14
Fund Size
$50M
Top Stage
Series A
Last 12 Mo
0
Team
Archer Goh
Managing Partner
THUC VU
Venture Partner
HT
Hieu Tran, CFA
Investment Manager
KIEN VU
Growth Officer
VAN NGUYEN
Manager | Global Investment
Duong Luong
Executive Assistant
Linh Nguyen
Chief of Staff
TRANG PHAN
Brand Manager
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
23 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 mFast | Series A | $6M | Aug 2023 |
 MFast | Series A | $6M | Aug 2023 |
 Vuihoc | Series A | $6M | Jan 2023 |
 Flexos | Seed | $1M | Jan 2023 |
| MFast | Series A | $6M | Jan 2023 |
| mFast | Series A | $6M | Jan 2023 |
| Flexos | Unknown | $1M | Sep 2022 |
 Azota | Series A | $2.4M | Jul 2022 |
 Azota | Series A | $2.4M | Jul 2022 |
| Azota | Seed | $2.4M | Jul 2022 |
 Cooky | Unknown | $4.5M | Jan 2022 |
| Azota | Series A | $2.4M | Jan 2022 |
| Azota | Series A | $2.4M | Jan 2022 |
 Coolmate | Series A | $2M | Jan 2022 |
| MFast | Seed | $1.5M | Jun 2021 |
| mFast | Seed | $1.5M | Jun 2021 |
 Bizzi | Series A | $3M | Jan 2021 |
| MFast | Series A | $1.5M | Jan 2021 |
 Advance | Series A | $16M | — |
 OCG | Series A | $7M | — |
 Allra | Series B | $9.1M | — |
 Palexy | Seed | $1M | — |
 Manabie | Seed | $4.8M | — |
Top Co-Investors
Nextrans6 shared
JIF Capital6 shared
GGV Capital5 shared
Wavemaker Partners5 shared
Ascend Vietnam Ventures4 shared
Vulpes2 shared
Hustle Fund2 shared
Access Venture Partners2 shared
Headline1 shared
Endeavor1 shared
TNB Aura1 shared
Qualgro1 shared
Money Forward Venture Partners1 shared
Money Forward1 shared
Accion Ventures1 shared
Integra Partners1 shared
Oyster1 shared
Next Billion Ventures1 shared
Lendable1 shared
Foxmont Capital Partners1 shared
Last updated: 7 October 2026