Vietnam-based startup activator, Innovatube, announced Tuesday 21st February 2017 the launch of a US$5 million pre-seed fund for Southeast Asian startups.

The fund will have a main focus in Vietnam considering the country’s potential and the government’s aims to make the country a regional center for technology and innovation.

Founded by Hotta and London-based Danny Goh, two serial investors and entrepreneurs with a history in startups and tech, Innovatube is a familiar face in the Vietnamese start-up community, having invested in eight startups over the last 3 years.

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