The Vietnam Innovative Startup Accelerator’s (VIISA) inaugural batch of 7 startups graduates with an Investment Day on 11 April at the Hard Rock Cafe in Ho Chi Minh City.
VIISA is a partnership of Dragon Capital, FPT and Hanwha Investment. Almost 80 investors, corporate partners and mentors will attend the event, coming from countries such as Singapore, South Korea and the US.
Over the last three months, the startups were mentored by prominent venture capitalists and entrepreneurs in the region. They worked hard to get product-market fit and prove that they have a scalable, repeatable, business model. Regional funds such as NSI Ventures, Spiral Ventures, Cocoon Capital and Golden Gate Ventures conducted office hours with each individual founder.
“I am particularly excited about Vietnam and I believe that there is definitely going to be successful teams that build businesses more than a market capitalisation of a US$100,000,000 in the next two-three years. VIISA helps us get a glimpse into those early stage companies”, says Hian Goh, Founding Partner of NSI Ventures.
“VIISA’s got a really good first batch. While most investors considering investing into Vietnam early and risky, I believe that the accelerators such as VIISA will help investors like us with quality deal flow. ” Jeffrey Paine, Managing Partner of Golden Gate Ventures