# Top 20 Retail VC (Venture Capital) Funds in Vietnam in May 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Mekong Capital | 4 | Vietnam, Hong Kong | Private Equity, Series A | Manufacturing, Retail, Service Industry |
| January Capital | 2 | Singapore, Indonesia, Australia | Seed, Series A, Series B | E-Commerce, FinTech, Information Technology |
| 500 Startups Vietnam | 2 | United States, Vietnam, Singapore | Seed, Pre-Seed, Series A | Information Technology, Software, Financial Services |
| Ratio Ventures | 1 | Pakistan, Bangladesh, Vietnam | Seed, Pre-Seed | Supply Chain Management, E-Commerce, Agriculture |
| Tiger Global Management | 1 | United States, India, China | Series B, Series A, Series C | Software, FinTech, Financial Services |
| Decisive Capital Management | 1 | Germany, Vietnam, Switzerland | Seed, Series C, Series D | FinTech, Information Technology, Retail |
| Altos Ventures | 1 | South Korea, United States, Indonesia | Series A, Series B, Series C | Software, E-Commerce, Internet |
| Peak XV Partners | 1 | India, United States, Singapore | Series A, Series B, Seed | Software, Financial Services, E-Commerce |
| RTP Global | 1 | United States, India, Germany | Series A, Seed, Series B | Software, Information Technology, E-Commerce |
| Citius | 1 | Colombia, United States, Brazil | Series B, Seed, Series A | E-Commerce, Financial Services, FinTech |
| GGV Capital | 1 | United States, China, Singapore | Series B, Series A, Series C | Software, Information Technology, Artificial Intelligence |
| TheVentures | 1 | South Korea, Vietnam, United States | Seed, Series A, Pre-Seed | Software, Information Technology, Health Care |
| Antler | 1 | Singapore, United Kingdom, Australia | Pre-Seed, Seed, Series A | Software, Information Technology, SaaS |
| VinaCapital Ventures | 1 | Vietnam, Singapore | Seed, Series A | Logistics, Information Technology, Analytics |
| Insignia Ventures Partners | 1 | Indonesia, Singapore, Vietnam | Seed, Series A, Series B | Financial Services, FinTech, Information Technology |
| Mushin | 1 | Vietnam | Seed | Retail, Fashion, E-Commerce |
| Banana Capital | 1 | United States, Canada, Vietnam | Seed, Series A, Series B | E-Commerce, Apps, Financial Services |
| Zone Ventures | 1 | United States, Vietnam | Series B, Series A, Series C | Software, Manufacturing, Retail |
| AVV | 1 | Vietnam, United States, Indonesia | Seed, Series C, Pre-Seed | FinTech, Financial Services, Small and Medium Businesses |
| Goodwater Capital | 1 | United States, India, South Korea | Seed, Series A, Series B | FinTech, Financial Services, E-Commerce |

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