VinaCapital & Draper Team Up To Launch Vietnamese Tech Fund
Dec 6 2006 | 11:05am ET
Ho Chi Minh City, Vietnam-based VinaCapital Group has teamed up with Silicon Valley venture capital firm Draper Fisher Jurvetson to launch the $50 million DFJ VinaCapital L.P.
The new vehicle will look to help “further expand the Internet penetration in Vietnam” and provide local entrepreneurs with capital to “help nurture important technologies and products developed in Vietnam,” according to Vina, an asset management firm.
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