The Invention Lab announced that it has signed a partnership with Singapore-based venture capital firm Capital JDI to collaborate on supporting startups in Southeast Asia, including Vietnam.
This collaboration was forged through Capital JDI's "Capital JDI Office Hours" program, which targets early-stage startups in Southeast Asia. This program, designed to allow startup teams to communicate directly with investors and industry experts, is gaining traction within the Southeast Asian startup community amidst the increasingly selective investment landscape. Building on this program, the two companies plan to gradually expand their mid- to long-term collaboration.
Through this collaboration, the two companies plan to strengthen network connections within the startup ecosystem, expand information exchange, and increase opportunities for connections between startup teams, investors, and experts. Furthermore, they plan to jointly pursue various support activities to address the intensifying competition for funding in the investment market and the barriers faced when entering overseas markets.
This collaboration is expected to provide an opportunity for regional startups to secure access to a broader investor network, leveraging The Invention Lab's operational experience and local network in Southeast Asian markets, including Vietnam.
Since entering the Vietnamese market in 2018, The Invention Lab has maintained a collaborative relationship with the startup ecosystem, centered around its local branch in Ho Chi Minh City. The company also operates "Startup VN," a data platform providing information on Vietnamese startups and investors, and has been working to increase access to information within the local startup ecosystem.
In addition, The Invention Lab will launch a new content series, "Startup Interviews." This series aims to showcase promising entrepreneurs and innovative business models, highlighting the growth potential and dynamism of Vietnam's startup ecosystem to the global market.
Kim Jin-young, CEO of The Invention Lab, said, “This collaboration is meaningful in that it goes beyond a simple agreement and becomes a practical partnership where we will discover promising startups together and jointly explore growth strategies.” He added, “Based on the networks of both companies, we will support Asian startups to go through market verification more quickly and expand into the global market.”
Recently, the venture capital industry has been moving to strengthen support for early-stage startup discovery and overseas expansion by expanding collaboration between global investment firms and accelerators, focusing on the Southeast Asian market.
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