Vietnam’s Do Ventures launches $50m debut fund, eyes seed-Series B deals

Co-founding partners of Do Ventures (L-R): Nguyen Manh Dzung and Le Hoang Uyen Vy.

Vietnamese venture capital executives Nguyen Manh Dzung (formerly with Cyberagent Capital) and Le Hoang Uyen Vy (ex-general partner at ESP Capital) have launched a new VC firm, Do Ventures, that is seeking to raise $50 million for its debut vehicle.

Do Ventures Fund I has achieved the first close and hit the half-way mark in terms of fundraising.

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