FPT Ventures

FPT Ventures is the corporate venture capital arm of FPT Corporation, Vietnam's largest information and communications technology enterprise, officially launched at Techday 2015 on May 21, 2015. FPT Corporation Chairman Truong Gia Binh announced an annual earmark of approximately US$3 million for the fund, with Tran Huu Duc, CTO of FPT Trading, appointed as CEO of FPT Ventures. The Hanoi-based firm targets Vietnamese tech startups with valuations under $1 million at seed and early-stage, providing capital alongside workplaces, advisory boards, market expansion support, customer access, technical infrastructure, and connections to other funds. FPT Ventures has invested in 22 companies across enterprise applications, consumer technology, and media sectors. Notable portfolio companies include ELSA Speak, an AI-powered English language learning app that won the SXSWedu award; Sendo.vn, one of Vietnam's leading e-commerce platforms; CyRadar, a cybersecurity startup named among Asia's top 10 most promising tech startups by Echelon; ANTS, Vietnam's first real-time bidding advertising exchange; and FPT Play, a streaming service. The most recent investment was Aura Network in February 2025. The firm invests in internet, mobile, SMB solutions, health, education, transportation, and SMAC technologies. FPT Ventures maintains a cooperation agreement with Dragon Capital Group to accelerate Vietnamese startups and connects portfolio companies to FPT Corporation's extensive commercial relationships across subsidiaries including radio stations, the recording business, and mail-order shopping. The firm's broader mission aligns with FPT's vision of making Vietnam a startup nation — the company has publicly committed to helping create 5,000 technology firms in the country.