The Da Nang Venture and Angel Summit (DAVAS) 2024 opened in the central city on May 31 with the aim of connecting startups with domestic and foreign  investment funds, the Government News has reported.

Themed 'Reaching Creativity - Global Connection’, the two-day event gathered about 10 large domestic and foreign investment funds, including Quest Ventures, Do Ventures, TheVentures, TRIVE Singapore, BK Fund, and FundGo, and 30 startup projects and businesses.

The event featured many activities, including raising capital for startup projects and companies, connecting investors and startups and holding  investment forums on startup and innovation.

The summit is expected to gradually develop and establish a community of angel investors and venture capital funds in Da Nang.

On the sidelines of the event, the municipal Department of Science and Technology signed a cooperation agreement with the KILSA Global, an ASEAN overseas expansion service platform based in Singapore with offices in major Southeast Asian countries and South Korea.