500 Startups exceeds targets to close Vietnam fund at $14m

500 Startups exceeds targets to close Vietnam fund at $14m

Photo courtesy: 500 Startups.

Silicon Valley venture capital firm 500 Startups has closed its Vietnam fund at $14 million, surpassing the original target of $10 million.

The fund, led by Eddie Thai and Binh Tran, was launched in 2016 and has since then invested $3 million in 36 Vietnam-connected tech startups.

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