# AVV

> AVV is a VC fund in Ho Chi Minh City backing FinTech and Financial Services. See 26 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Ho Chi Minh City, Vietnam
- Total investments: 26
- Last investment: Dec 2025
- Lead investor: 31%
- Fund size: $64M
- Last fund: Jun 2022
- Last updated: Aug 2026
- LinkedIn: https://linkedin.com/company/ascendvietnam
- Website: https://ascendvietnam.com/
- Facebook: https://www.facebook.com/ascendvietnam/

AVV is a VC fund in Ho Chi Minh City focused on FinTech and Financial Services. Tech focused seed stage firm in Vietnam

## Contacts

5 contacts available for AVV. Shizune tracks 3 team members at AVV. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/ascend-vietnam-ventures?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1M–$8M |
| Series A | $2.5M–$28M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| FinTech | 5 | 19% |
| Financial Services | 4 | 15% |
| Artificial Intelligence | 4 | 15% |
| Software | 3 | 12% |
| E-Commerce | 3 | 12% |

45 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 15 | 58% |
| Series A | 3 | 12% |
| Pre-Seed | 2 | 8% |
| Series C | 2 | 8% |
| Funding Round | 1 | 4% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Vietnam | 7 | 27% |
| United States | 6 | 23% |
| Singapore | 4 | 15% |
| Indonesia | 1 | 4% |
| Bangladesh | 1 | 4% |

6 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Binh Tran | General Partner | 19 | https://shizune.co/investors/profile/binh-tran |
| Eddie Thai | General Partner | 19 | https://shizune.co/investors/profile/eddie-thai |
| Hau Ly | Partner | 1 | https://shizune.co/investors/profile/hau-ly-1437 |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| PulseTech | Pulse Tech is an information technology company working towards building a digital healthcare ecosystem. | $3.1M | Seed | Dec 03, 2025 |  |
| Obello | Obello is a design platform built for brands that need to create high-quality content at speed. | $8.5M | Seed | Nov 13, 2025 |  |
| Vaudit (Formerly BlokID) | BlokID is a developer of blockchain-powered privacy protection solutions. | $7.3M | Seed | Jul 23, 2025 |  |
| Techcoop | TechCoop is an agrifintech for MSMEs, delivering a comprehensive solution package combining access to market, access to finance, and access to technology for smallholders. | $28M | Series A | Dec 02, 2024 |  |
| Techcoop | TechCoop is an agrifintech for MSMEs, delivering a comprehensive solution package combining access to market, access to finance, and access to technology for smallholders. | $5M | Seed | Mar 21, 2024 |  |
| Vaudit (Formerly BlokID) | BlokID is a developer of blockchain-powered privacy protection solutions. | $1.3M | Seed | Jan 31, 2024 |  |
| Retrocausal | Retrocausal is the industry leader in intelligence augmentation systems that give superpowers to assembly operators, plant managers, and industrial engineers to dramatically boost the productivity, quality, and safety of shopfloor processes.Retrocausal employs cutting-edge generative AI in the form of its Copilot software to elevate low-skilledlabor to take on high-skilled and sophisticated tasks. | $5.3M |  | Nov 30, 2023 |  |
| Retrocausal | Retrocausal is the industry leader in intelligence augmentation systems that give superpowers to assembly operators, plant managers, and industrial engineers to dramatically boost the productivity, quality, and safety of shopfloor processes.Retrocausal employs cutting-edge generative AI in the form of its Copilot software to elevate low-skilledlabor to take on high-skilled and sophisticated tasks. | $5.3M | Seed | Nov 30, 2023 |  |
| MFast (DigiPay J.S.C.) | MFast is a tech-driven agent banking platform MFast incorporates the latest technologies in finance business, allowing both agents and. end-customers to gain access to quality and credible financial services at the convenience of a click. | $6M | Series A | Aug 28, 2023 |  |
| Persona Studios | Official AI Personas for Creators, Influencers, and Celebrities | $600K | Pre-Seed | Aug 10, 2023 |  |

10 of 26 investments shown.

## Co-investors
- [AppWorks](https://shizune.co/investors/profile/appworks-ventures) — VC Fund, 4 deals together
- [Differential Ventures](https://shizune.co/investors/profile/differential-ventures) — VC Fund, 3 deals together
- [Glasswing Ventures](https://shizune.co/investors/profile/glasswing-vc) — VC Fund, 3 deals together
- [Hypertherm Ventures](https://shizune.co/investors/profile/hypertherm-ventures) — VC Fund, 3 deals together
- [Peak XV Partners](https://shizune.co/investors/profile/sequoia-india-2) — VC Fund, 3 deals together
- [Stage Venture Partners](https://shizune.co/investors/profile/stage-venture-partners) — VC Fund, 3 deals together

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## FAQ

### What does AVV invest in?

AVV invests primarily in FinTech, Financial Services and Artificial Intelligence startups, most often at Seed and Series A stage. Most of the 26 investments tracked by Shizune back companies in Vietnam. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is AVV's check size?

AVV typically joins rounds of $1M–$8M at Seed and $2.5M–$28M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds AVV participates in.

### How do I contact AVV?

Public channels for AVV include LinkedIn, the website linked on this profile and Facebook. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at AVV?

The team at AVV includes Binh Tran (General Partner), Eddie Thai (General Partner) and Hau Ly (Partner). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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