Filum AI has successfully raised $1 million in funding despite a challenging venture capital market, underscoring the potential of AI and shifting investment strategies.
Fintech startup Fundiin would use the money recently raised from the series A funding round co-led by Trihill Capital and ThinkZone Ventures to expand at a faster pace, invest in the development of new products, as well as attract top talents before expanding to Indonesia in the upcoming series B round.
The assistance will support Vietnam’s efforts to achieve net-zero greenhouse gas emissions, and expand high-tech manufacturing industries.
Financial service app MFast has raised $2.5 million in a funding round led by Ascend Vietnam Ventures with participation from Wavemaker Partners and existing investors Do Ventures & JAFCO Asia.
As Vietnam accelerates efforts to transition to low-carbon growth, IFC is providing a $70 million loan to HDBank – one of the country’s leading banks in climate finance – to increase its funding for renewable energy projects in Vietnam.
Thousands of micro, small, and medium enterprises, and millions of farmers across Asia and the Pacific stand to benefit from the first phase of Covid-19 crisis response funding from IFC, a member of the World Bank Group.
The funding will help ITL transform and grow by acquiring new assets, developing new warehouses and facilities, and deploying advanced information technology systems.
IFC will work with Hanoi to formulate a new-generation FDI strategy and assist the city in diversifying its funding sources.
The investment represents Sendo’s largest funding round to date
The Vietnamese education startup has raised $4 million in Series B round of funding led by Hong Kong-based investment firm Hendale Capital, together with Viet Capital Ventures and Southeast Asian-focused investor Nullabor.
KiotViet, a store management software developed by local startup Citigo, has secured $6 million in series A financing from Singapore-based venture capital firm Jungle Ventures and Jakarta-headquartered airline and hotel booking services provider Traveloka.
The Ho Chi Minh City-based property developer has successfully closed nearly $121 million in fundraising from a group of investors including EXS Capital, ACA Investments, and Credit Suisse AG.
Local rental market platform Luxstay has successfully secured additional $6 million in venture capital funding via the Shark Tank Vietnam progamme this week, gearing itself up to compete with international rivals like Airbnb.
The Asian Development Bank and the Ministry of Finance have signed an agreement on funding the improvement of transport connectivity in northern mountainous provinces of Vietnam.
