The Danang Venture and Angel Summit 2025 (DAVAS 2025) opened in central Da Nang city on May 30, attracting over 20 well-known investors and venture capital funds from various countries, representing a combined investment portfolio of approximately $3.5 billion.

They mainly came from Singapore, Japan, the Republic of Korea (RoK), and Vietnam, including Quest Ventures, Do Ventures, ThinkZone Ventures, Genesia Ventures, Vertex Ventures, FundGo, WeAngels Capital, Trive, Sunwah Innovation Center, Daiwa Corporate Investment, Makara Capital, JN Capital & Growth Advisory, Dream Incubator and Lean Ventures.

The summit is aimed at connecting stakeholders across the innovation ecosystem and positioning Da Nang as a dynamic destination for investors, start-ups, and innovative ventures seeking capital from both domestic and international sources.

During the summit, 36 start-ups from various sectors such as technology, education, agriculture, and health care pitched for funding and explored opportunities for investment partnerships. Of which, there are 24 projects from Da Nang, 4 from Ho Chi Minh City, 3 from Hanoi, 2 from Mekong Delta Can Tho city and south-central Khanh Hoa province’s Nha Trang city, 2 from Hong Kong (China) and 1 from Singapore.

Key activities at DAVAS 2025 include pitch sessions for 40 startups, the launch of the Da Nang Innovation Space, and the signing of several innovation collaboration agreements.