Vietnam's FPT launches venture capital arm
Vietnamese tech group FPT Corporation has launched FPT Ventures, its new venture capital and accelerator unit, which will manage a $3 million fund targeting seed and Series A stage investments.
The fund will target local start-ups with valuations below $1 million and put in a minimum of $50,000 per transaction. In addition to providing capital, FPT Venture will leverage its parent company's exisiting...
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