Vinfast

About

Vinfast is the automotive manufacturing brand of Vingroup, Vietnam's largest conglomerate, .

Hai Phong,NA - Vietnam,Vietnam
http://vinfast.vn

Highlights

Details

Last Funding Type: Debt Financing
Last Funding Money Raised: $135M
Industries: Automotive,Industrial Manufacturing,Transportation
Founded date: Jun 1, 2017
Operating Status: Active

Vinfast is the automotive brand of Vietnamese conglomerate, VinGroup. VinFast envisioned to drive the movement of the global smart electric vehicle revolution. Established in 2017, VinFast owns a state-of-the-art automotive manufacturing complex with globally leading scalability that boasts up to 90% automation in Hai Phong, Vietnam.

Strongly committed to the mission for a sustainable future for everyone, VinFast constantly innovates to bring high-quality products, advanced smart services, seamless customer experiences, and pricing strategy for all to inspire global customers to jointly create a future of smart mobility and a sustainable planet.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

1

$135M

Vinfast has raised a total of $135M in funding over 2 rounds. Their latest funding was raised on Oct 23, 2022 from a Debt Financing round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Oct 23, 2022	Debt Financing	$135M	4	Asian Development Bank	—	Detail

Investments

Number of Investments

Number of Lead Investments

8

2

Vinfast has made 8 investments. Their most recent investment was on Oct 25, 2022, when AM Batteries raised $25M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Oct 25, 2022 AM Batteries	Series A	$25M	Electronics	—
Mar 10, 2022 Autobrains	Series C	$19M	Artificial Intelligence	—
Jan 4, 2022 StoreDot	Series D	$60M	Advanced Materials	Yes
Dec 2, 2021 Karamba Security	Series B	$10M	Automotive	Yes
Nov 18, 2021 Eatron Technologies	Series A	$11M	Autonomous Vehicles	—

Investors

Number of Lead Investors

Number of Investors

1

4

Vinfast is funded by 4 investors. Asian Development Bank and Export Finance Australia are the most recent investors.

Investor Name	Lead Investor	Funding Round
Asian Development Bank	Yes	Debt Financing
Export Finance Australia	—	Debt Financing
Finnfund	—	Debt Financing
Oesterreichische Entwicklungsbank AG	—	Debt Financing