24.06.2020, 23:26

10 Vietnamese startups were invested in large capital in the first half of 2020

10 Vietnamese startups were invested in large capital in the first half of 2020

Sieu Viet Group

Investment value: 34 million USD

In February this year, Affirma Capital announced its investment of US $ 34 million (about VND 790 billion) in Sieu Viet Human Resources Company (Sieu Viet Group), which owns TimViecNhanh, Vieclam24h, MyWork and ViecTotNhat. The company said it will use the investment to expand market share as well as deploy value-added services to customers.

Sieu Viet’s founders include Mr. Phan Minh Tam, Chairman of STI’s Board of Directors – the unit investing in the chain of 30Shine male hair shops, Anycar, 24h.com.vn and Mr. Xuan Minh – Sieu Viet Director. Currently, Mr. Tam is also the Chairman of Sieu Viet Board of Directors. The deal is Affirma Capital’s fifth investment in Vietnam since 2014, after N Kid Corporation, Online Mobile, Loc Troi Group and Golden Gate. (Photo: Timviecnhanh.com)


Investment value: 25 million USD

Propzy – a startup in the field of proptech (application of technology in real estate) in Vietnam – has just announced a successful call of 25 million USD in Series A. Leading this round of funding are Gaw Capital and SoftBank Ventures Asia. – SoftBank’s first-class Asian startup fund. Other investors include Next Billion Ventures, RHL Ventures, Breeze, FEBE Ventures, RSquare and Insignia.

Launched in 2016, Propzy’s technology participates in every phase of a real estate transaction, from traditional trading centers to online trading platforms, financial products such as mortgage lending and finally, the business software of the manager and the tenant. (Photo: Propzy)


Investment value: 8 million USD

In April, OnPoint, a Vietnamese e-commerce development support service provider, announced that it successfully raised $ 8 million in Series A funding from a number of investors, led by Kiwoom Investment Fund. Korea and Vietnam Growth Investment Fund DAIWA-SSIAM II (DAIWA-SSIAM Vietnam Growth Fund II LP). Up to this point, the total amount of OnPoint mobilized capital has increased to 8 digits.

With new funding, the startup plans to recruit more people, invest in developing strategic technologies and develop data analysis capabilities to provide better services to customers. (Photo: OnPoint)

Beta Media

Investment value: 8 million USD

In mid-June, Beta Media announced an agreement to contribute US $ 8 million from Japanese investment fund – Daiwa PI Partners. With this agreement, the company achieved a valuation of VND 1,000 billion.

Beta Media is the company operating the low-cost movie theater chain Beta Cinemas, with 12 cinema complexes and nearly 60 cinemas nationwide, including: Hanoi, Thai Nguyen, Thanh Hoa, Bac Giang, Nha Trang, Bien Hoa, Long Xuyen. With new capital, Beta Media will open more cinemas in the coming years, and develop a franchise model – franchise cinemas in localities to expand faster. (Image: Beta Media)


Investment value: 6 million USD

Also in June, F88 – the property mortgage lending chain in Vietnam, announced that it received an additional 140 billion dong (US $ 6 million) in the third round of growth investment from the two international financial funds Mekong Enterprise Fund III ( managed by Mekong Capital) and Granite Oak with a valuation of nearly VND 2,100 billion at the end of 2019.

Mr. Phung Anh Tuan, Chairman of the Board of Directors cum General Director of F88 Company, said: “The new investment from 2 strategic shareholders will be used for the expansion of F88 transaction office chain as well as the increase outstanding loans to over 180 existing transaction offices ”. (Photo: F88)


Investment value: 2.5 million USD

In February, DealStreetAsia reported, Go2Joy – a short-term booking startup in Vietnam – had successfully raised capital within Series A with a value of $ 2.5 million from STIC Ventures and many other investors. Startups that received support from STIC Ventures before include: Tiki, Cammsys Vietnam, Nanogen Pharmacy

Launched in 2017, Go2Joy (formerly Appro Mobile) was founded and run by CEO Simon Byun. Go2Joy helps to book hotels by the hour, overnight, short quickly and privately. (Image: Go2Joy)


Investment value: 2.5 million USD

At the end of April, BuyMed – a B2B startup in online pharmaceutical distribution (thuocsi.vn) announced receiving a $ 2.5 million investment in Series A. Leading this round of funding is a program speeding up Surge startups of Sequoia Capital India and Genesia Ventures.

The new funding will be used by BuyMed to accelerate development in Vietnam and other Southeast Asian countries. The company also plans to recruit more personnel and build a team in Hanoi to ensure a nationwide distribution network. (Photo: thuocsi.vn)


Investment value: 2.45 million USD

In May, Vietnam’s JobHopin AI recruitment and machine learning startup announced that it successfully raised $ 2.45 million in Series A, raising the total to more than $ 3 million. In 2018, this startup was invested $ 710,000 within the seed.

Investors pouring capital into JobHopin in two rounds include Sema Translink, KK Fund, Mynavi Corporation, Edulab Capital Partners, NKC Asia, Canaan Capital and some angel investors of Vietnam. JobHopin by Kevin Tung Nguyen – 9X was in the Top 30 under 30 of Forbes Asia in 2019 – founded in 2017 and assumed the position of CEO. (Image: JobHopin)


Investment value: 1.2 million USD

In February, Waves, an audio content platform founded by Kevin Cao and Ben Minh Le last year, announced a successful $ 1.2 million funding round within a seed from Singapore partner, Insignia Ventures Partners. Other investors include Hustle Fund and Skystar Capital.

Waves now provides professional recording, video and audio services, including modern equipment, studio, editing, marketing This startup aims to become one of the leading platforms in Southeast Asia on podcast and recording content. (Photo: Waves)


Investment value: million USD

In early March, Tech in Asia reported that STI had just completed a strategic investment in JupViec startup. No specific numbers were disclosed, but Mr. Tran Tuan Tai – STI Investment Director said the investment amount is up to millions of USD. After the STI deal, JupViec became the largest shareholder of JupViec.

Founded in 2012, JupViec is a platform that helps connect people in need with help to households. Prior to STI, this startup had successfully raised capital from US investment fund Patamar Capital (2018) and CyberAgent Ventures (2015). (Photo: Jupviec.vn)

Source: ndh.vn