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Top 5 Fitness VC Funds & Investors in Vietnam (October 2026)

The most active venture capital funds investing in Vietnam Fitness startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Vietnam Fitness startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
CMG.ASIA
VC Fund
3 Vietnam, Singapore, United States Seed, Series A, Series C Sports, Fitness, Health Care $600k–$2M
Mekong Capital
VC Fund
2 Vietnam, Spain, Hong Kong Private Equity, Venture - Series Unknown Manufacturing, Retail, E-Commerce $4.9M–$15M
Monk’s Hill Ventures
VC Fund
1 Singapore, Indonesia, Vietnam Series A, Seed, Series B E-Commerce, Information Technology, Financial Services $700k–$20M
ESP Capital
VC Fund
1 Vietnam, Singapore Seed Digital Marketing, Fitness, Internet $155k–$250k
KB Investment
VC Fund
1 South Korea, United States, Vietnam Series A, Seed, Series B Software, Artificial Intelligence, Biotechnology $737k–$44M
Access all 20 VC funds in Vietnam Fitness startups.

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Investor list

CMG.ASIA
VC Fund · 3 investments in Vietnam Fitness startups

Investment focus

  • Industry: Sports, Fitness, Health Care
  • Stage:Seed, Series A, Series C
  • Geography: Vietnam, Singapore, United States

Investor stats

  • Total investments: 17
  • Round size: Seed $600k–$2M; Series A $1M–$1M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • NRG Asia — NRG ASIA will be the leading esports entertainment platform focused on building championship teams, expanding the esports fan base, and providing captivating experiential entertainment.
  • M.O.I Cosmetics — M.O.I is Vietnam's first professional cosmetics brand, with international quality standards and pricing that are affordable to Vietnamese women. M.O.I always works with top specialists in the global cosmetics business and beauty icons in Vietnam to develop excellent product lines that are appropriate for Vietnamese style, climate, and income.All M.O.I Cosmetics products are created with the most advanced contemporary technology and originated in Korea (Made in Korea), and are licensed for quality requirements in two countries: Korea and Vietnam.
  • GAM Entertainment — Vietnam to the World. Taking Southeast Asia's next generation of players, creators, and leaders to the world stage.
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Mekong Capital
VC Fund · Ho Chi Minh City, NA - Vietnam, Vietnam · 2 investments in Vietnam Fitness startups

Mekong Capital is a Vietnam-focused Private Equity firm, specializing in consumer driven businesses. Mekong Capital’s investee companies are typically among the fastest growing and market leading companies in Vietnam’s consumer-driven sectors such as retail, restaurants, consumer products and distribution.Established in 2001, Mekong Capitalhas the most extensive private equity track record in Vietnam. Our funds have completed 30 private equity investments, of which 22 have been fully exited and 1 has been partially exited. Mekong Capital has managed 5 funds, one of which is currently making new investments. Mekong Capital has a team of 50+ full-time people in our offices in Ho Chi Minh City, Hanoi, who have an average tenure at Mekong Capital of around 6 years. Three Partners with combined 31 years at Mekong Capital.Mekong Capital invests in fast-growing companies, with ambitious expansion plans, and a strong commitment to building management teams that will apply best practices and successfully execute on those expansion plans. These companies are typically well-established companies in their sectors, but which typically operate in fragmented and fast growing markets which present attractive growth opportunities.Mekong Capital is strongly committed to adding significant value at each of its investee companies – through operational improvements, building management teams, introduction of best practices and outside experts, and applying other elements of our Vision Driven Investing framework.

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Investment focus

  • Industry: Manufacturing, Retail, E-Commerce
  • Stage:Private Equity, Venture - Series Unknown
  • Geography: Vietnam, Spain, Hong Kong

Investor stats

  • Total investments: 55
  • Round size: Private Equity $5.4M–$15M; Venture - Series Unknown $4.9M–$10M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: May invest from a new fund soon — raised $246M in 2019

Portfolio highlights

  • Husk Ventures — Generate new revenue streams for rural communities by upcycling rice husk to create sustainable products that contribute to a circular economy.Husk Ventures aims to increase the incomes of rice farmers’ and rural communities with access to innovative technologies and capacity building to convert rice husk into valuable products for local andinternational markets.The unique characteristics of rice husk (high lignin and silica content) make it an ideal material that benefit from being strong, fireproof, mould, and insect resistant.Some innovations exist in the market to create alternatives to wood by mixing rice husk with plastic or natural resins to create furniture or construction materials using similar technologies to wood plastic composites (WPC).Creating products using Rice Husk Composites is an opportunity to reduce deforestation and plastic consumption.
  • Gene Solutions — Gene Solutions is a genetic testing company in Vietnam and the market leader for reproductive health tests, which respond to critical healthcare needs, such as helping parents detect chromosomal disorders during pregnancy, or preventing genetic problems, and helping to conceive a child (in-vitro fertilization – IVF).
  • Thai Nguyen International Hospital — Thai Nguyen International Hospital provides healthcare services and offers accommodation, surgery, intensive care, laboratory & drugstore.
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Monk’s Hill Ventures
VC Fund · Singapore, Central Region, Singapore · 1 investments in Vietnam Fitness startups

We believe in great founders who will change millions of lives through technology.

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Investment focus

  • Industry: E-Commerce, Information Technology, Financial Services
  • Stage:Series A, Seed, Series B
  • Geography: Singapore, Indonesia, Vietnam

Investor stats

  • Total investments: 108
  • Round size: Seed $700k–$7.5M; Series A $3.1M–$20M; Series B $6M–$20M
  • Lead/follow: 55% lead, 45% follow
  • Last fund: Likely still investing — raised $200M in 2023

Portfolio highlights

  • Elsa — Improve your English speaking skills. Pronounce English like an American through real-world conversations.
  • Libeara — Libeara is a financial service company that provides tokenization, financial assets, government securities, and savings services.
  • International Payments Identity — iPiD provides a single global API for real-time payee validation, reducing fraud and ensuring seamless payments across borders. Discover our KYP solutions today.
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ESP Capital
VC Fund · Singapore, Central Region, Singapore · 1 investments in Vietnam Fitness startups

ESP Capital is an Early stage Venture Fund with the mission to support tech startup companies in Vietnam and Southeast Asia. We aim to invest in companies that can create profound impact to improve life qualities

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Investment focus

  • Industry: Digital Marketing, Fitness, Internet
  • Stage:Seed
  • Geography: Vietnam, Singapore

Investor stats

  • Total investments: 5
  • Round size: Seed $155k–$250k
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • WeFit — WeFit is founded in 2016, is one of the most potential startups in Vietnam. WeFit is building a mobile application that allows users to sign up for fitness packages to work out at different gym studios and other fitness facilities, much alike to ClassPass.
  • Cooky.vn — The community loves food, cooking and baking. Join the community to share recipes and cooking tips.
  • Ecomobi PTE — Explore Ecomobi, a leading performance marketing company specializing in affiliate and influencer marketing for brands and creators to grow their revenue online.
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KB Investment
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 1 investments in Vietnam Fitness startups

Founded in 1990, KB Investment Co., Ltd. (KBIC) is one of Korea’s leading investment firms of venture capital and private equity funds with over USD 2.6 Billion of asset under management as of December 2023. KBIC is a subsidiary of KB Financial Group, Korea’s premier financial group with the largest domestic customer base as well as the widest network of service branches in Korea. KBIC’s team is recognized for industry thought leadership, a broad network of powerful industry relationships, and a unique professional investment approach to investing. KBIC passionately support our portfolio companies with active guidance in all key aspects of team building, strategy, operations and governance

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Investment focus

  • Industry: Software, Artificial Intelligence, Biotechnology
  • Stage:Series A, Seed, Series B
  • Geography: South Korea, United States, Vietnam

Investor stats

  • Total investments: 440
  • Round size: Seed $737k–$7.2M; Series A $2.5M–$36M; Series B $5.2M–$44M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • H&B Asia — H&B Asia specializes in sourcing, importing, and distributing fresh fruits and agricultural products. The company works closely with global growers and suppliers to bring high-quality produce into the Korean market. It focuses on building strong partnerships, ensuring consistent supply, and supporting efficient logistics across the fooddistribution value chain.
  • GMI Cloud — Run production AI workloads on GMI Cloud. Deploy serverless inference, dedicated GPU clusters, and bare metal AI infrastructure on one scalable platform.
  • ACT-ion Battery Technologies — ACT-ion Battery Technologies is a manufacturing company that offers cathode active materials for lithium batteries.
Show all investments...

Fitness VC funding in Vietnam at a glance

Stats across 17 deals from 20 investors.

20
investors
in Vietnam Fitness startups
17
deals
in Vietnam Fitness startups
$1.9M
median round
in Vietnam Fitness startups
50%
lead investors
lead at least one round
29%
Seed
most common funding stage

Access all 20 VC funds in Vietnam Fitness startups.

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