Vietnamese startups mobilize $205 million in 2016

The community of Vietnamese startups mobilized the record high capital of US$205 million last year, according to statistics by Topica Founder Institute.

Young startups at eDoctor Company (Photo: SGGP)

The funds reduced about 25 percent over 2015 and increased 46 percent over the previous year.
Startups from financial technology took the lead with the total raised amount of $129 million.

In 2016, there were seven funds raising deals with the value of over $10 million. They number includes four deals with capital exceeding $15 million.

Foreign investors continued transgressing domestic firms in both the number of deals and capital amount.

By P.Duy – Translated by Hai Mien

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