Report
The Vietnam Climate Tech Funding Ecosystem Report 2024
With New Energy Nexus Vietnam and the Swiss Entrepreneurship Program, we published the first benchmark of financial access for Vietnam's climate tech entrepreneurs.
Download the report (PDF) →About the report
The report benchmarks financial access for Vietnam's climate tech entrepreneurs, mapping funding sources for emerging startups in a sector crucial for emissions reduction and climate resilience. It covers 2015 to 2023, drawing on a catalogue of Vietnamese climate tech startups and the venture capital firms backing them.
49
Climate tech startups identified
27
Venture capital firms active
$92.6M
Total funding deployed
+365%
Average YoY growth, 2020–2023
Funding by sector
| Sector | Share of funding |
|---|---|
| Farming & Food Production | 48.4% |
| Mobility | 40% |
| Circular Economy | 6% |
| Energy Transition | 3.6% |
| Built Environment | 1.8% |
| Carbon | <1% |
What investors are watching
BEENext
Battery technology and AI are identified as priority investment areas.
PRIM Vietnam
Energy efficiency and localized adaptation of Chinese technology offer growth opportunities.
Quest Ventures
Measurement tools and region-specific decarbonization solutions are gaining traction.
What's inside
- Sector-specific demand drivers
- A catalogue of startup funding activity
- Fundraising case studies: Stride Capital, Selex Motors, and Egreen
- An investor directory
- Guidance for startups raising funds