Within the framework of the Da Nang Venture Capital and Angel Investment Forum - DAVAS 2025, 36 projects from Hong Kong (China), Singapore, and Vietnam pitched to 21 domestic and international investors and investment funds, seeking a total investment capital of up to $3.5 billion.
Among the 36 selected projects, two were from Hong Kong (China), one from Singapore, 24 from Da Nang city, four from Ho Chi Minh City, three from Hanoi city, one from Can Tho city, and one from Khanh Hoa province.
This year, investment funds selecting projects focused on common criteria: practical solutions that address economic problems; clear and transparent business models; financial mobilization plans; plans for using the raised capital; roadmaps for capital increase and exit strategies; and assessment of the project teams' capabilities.
After DAVAS 2025, startups will continue to have one-on-one meetings with investors to negotiate and explore cooperation opportunities.
According to the Da Nang Innovation Startup Support Center (under the Department of Science and Technology), the organizer of DAVAS 2025 focused on selecting promising domestic and international projects from various fields such as technology and digitalization, health tech, industry, agriculture, energy, fintech, deep tech, and blockchain to participate in fundraising at DAVAS 2025.