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Ho Chi Minh

Metro area · Vietnam · Pop. 21.3M · WithinWorldAsiaVietnamHo Chi Minh

Startup funnel

Ho Chi Minh's startup funnel

Companies headquartered in Ho Chi Minh at each stage today, by total VC raised. Hover or tap a bar for the split.

141
Startups
$100K–15M raised

56 pre-seed · 47 seed · 38 Series A

28
Breakouts
$15–100M raised

21 Series B · 7 Series C

9
Scaleups
$100M+ raised

5 Mega · 4 Mega+

2
Unicorns and/or $100M+ revenue

2 valued at $1B+ · 1 with $100M+ revenue · 1 both

Source: Dealroom.co

Quarterly report

Ho Chi Minh's latest quarter in venture capital

Venture capital raised by Ho Chi Minh-headquartered companies each quarter since 2020, split by round size, with detail on the latest complete quarter.

Latest complete quarter

 

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Enterprise value

How much Ho Chi Minh’s VC-backed companies are worth

Combined enterprise value of VC-backed companies headquartered in Ho Chi Minh, founded since 1990 and still operating, at the end of each year. Companies stay in the total after they list or are acquired.

VC investment

How much venture capital flows into Ho Chi Minh

VC investment into Ho Chi Minh-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.

Largest rounds

Largest funding rounds in Ho Chi Minh

A live treemap of the largest VC rounds. Each cell is one round into Ho Chi Minh-headquartered companies, grouped by Dealroom sector.

Largest rounds in Ho Chi Minh - 2026

Every $15M+ VC round into Ho Chi Minh-headquartered companies in 2026, grouped by Dealroom sector.
- rounds · - raised
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Academia

Ho Chi Minh's academic flywheel

Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Ho Chi Minh.

University-linked startup formation
1
University spinouts
25
Total alumni-founded companies
17
Of which startups (<$15M raised)
6
Breakouts ($15M-100M)
2
Scaleups ($100M+)
University ranking By alumni who went on to found startups
# University City Founders Companies
1 Ho Chi Minh City University of Technology Saigon 38 38
Unlock the full university ranking for Ho Chi Minh on Dealroom

Location comparison

How Ho Chi Minh stacks up

Compare Ho Chi Minh with peers from the same country (Vietnam) — switch between combined EV, EV growth, and a growth × size view. Expand the table for the full ranking.

$93.4B
$70.5B
$61B
$49.9B
$36.9B
$32.4B
$32.2B
$30.8B
Ho Chi Minh
$28.3B

Combined enterprise value of each ecosystem.

Get the full Ho Chi Minh ecosystem on Dealroom

Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.