500 Startups Vietnam closes its first fund oversubscribed at US$14M

500 Vietnam, which was originally targeting to close the fund at US$10M, plans to invest in up to 100 startups by 2020

500 Startups Vietnam heads Eddie Thai (L) and Binh Tran

Global steed-stage VC firm, 500 Startups, has announced the closing of its first Vietnam fund with over US$14 million in committed capital, surpassing its original target of US$10 million.

The Vietnam fund plans to invest in up to 100 startups by 2020. The fund targets companies serving the local market or leveraging...

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