HÀ NỘI - Innovatube, a pre-seed venture firm, launched a US$5 million pre-seed fund for Southeast Asian startups. The new fund targets startups in the Southeast Asian region, especially Việt Nam, as it has achieved some success in the market and realised its potential. Over the last three years, the fund has invested in eight companies in Việt Nam. Even before introducing the fund, Innovatube had been a familiar face in the Vietnamese start-up community, sharing experiences of early-stage startups. Another popular event of the venture firm is Launch IT, allowing people to discover the newest startup products in Việt Nam.

Source: Viet Nam News February 21, 2017 13:31 UTC