Who Are We

ITI FUND

The ITI FUND (Increase–Together–Innovation Fund) represents a pioneering startup investment initiative established by the 4M Group. We aligns with governmental directives and advocacy, further garnering support from Vietnam's entrepreneurial community. The overarching objective is to elevate the value of local specialties to a global scale through strategic investments and innovative approaches

10+

international trading partners, including the US, UK, Germany, France, Spain, UAE, Japan….

25+

partners within
the startup ecology
(SHTP-IC, AHBI, FIIS, IEC, ITP,...)

20+

years of
global supply chain
management experience.

25+

years of corporate
strategic management and
operation experience.

INVESTMENT STRATEGY

ITI FUND

Vietnam, beyond being a Southeast Asian nation rich in a uniquely profound cultural heritage, currently finds itself in the advantageous position of a golden demographic period. This is characterized by an augmented quality in its workforce and an open economy, poised to embrace emerging trends. Leveraging these competitive advantages, we aspire to collaborate with enterprises and startups in their early stages (Seeding, Pre-series A, Series A), offering investments ranging from $100,000 to $1.5 million USD. Our criteria for potential partnerships are straightforward and encompass the following:

Local specialties

Emphasizing the comprehensive incorporation of local specialties' value is imperative in the startup production and development process. This encompasses sustainable material sourcing practices and the application of traditional, regionally distinctive techniques.

Break-through technology foundation

The foundational business model should hinge on groundbreaking technologies, addressing pressing societal issues, staying abreast of current trends, and featuring future expansion strategies into the international market.

INVESTMENT THESIS

ITI FUND

Based on the above investment strategy, we evaluate the suitability of our partnered enterprise or startup via the following investment thesis:

Sustainable development (ESG)

Foremost and integral to our assessment procedure at ITI is the consideration of Environmental Friendliness, Social Development Capability within the community, and the implementation of an optimal business management model (Governance). These key elements constitute the cornerstone of our evaluation process, underscoring our commitment to sustainable and socially responsible investment practices.

Business model serving large domestic and foreign markets

Vietnam emerges as a prospective market, boasting a nearly 100 million-strong population and a continually improving average GDP per capita, reaching approximately 3,694 USD per person in 2021. Notably, the country's middle class exhibits the fastest growth rate in Southeast Asia as of 2020. Furthermore, Vietnam's total export performance ranks 16th globally in 2020, marked by a commendable 16% growth in value in 2021. These pivotal indicators underscore the compelling appeal of both the domestic market and the nation's export potential. In alignment with our early-stage investment strategy, particularly in Seeding and Pre-seeding stages, ITI Fund transcends conventional considerations limited to innovative products, services, or business models. Our emphasis extends to prioritizing startups and projects capable of meeting the demands of both the domestic and international markets, reflecting our nuanced approach to investment discernment.

Human factor

Human expertise is pivotal for innovation in businesses, shaping their very existence. ITI exclusively collaborates and invests in projects led by co-founders with deep knowledge and hands-on experience in their field. These leaders must also be adaptable to market changes, adept at connecting with teams, and committed to an entrepreneurial spirit. This stringent criterion reflects ITI's commitment to partnering with ventures led by capable and visionary individuals.

ADVISORY BOARD

ITI FUND

The investment advisory board at ITI consists of highly capable experts with at least 20 years of practical experience in the industry, diverse knowledge backgrounds and good understanding in various fields (strategy, communication, finance, legal, technology, etc.).
ITI Fund_Advisor_Nguyen Huu Thanh

Nguyen Huu Thanh

Financial Advisor

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ITI Fund_Advisor_Nguyen Thi Tinh Tam

Nguyen Thi Tinh Tam

Legal Advisor

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ITI Fund_Advisor_Duong Ngoc Hieu

Duong Ngoc Hieu

Technology Advisor

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OPERATION TEAM

ITI FUND

In addition to the professional advisory board, ITI Fund's excellent operation team also significantly contributes to the Fund's value positioning in the Vietnamese startup ecosystem, sharing the mutual goal of accompanying potential projects on spreading good values to the community and society.

Le Thuc Hoai

Managing Partner

As one of ITI Fund's founders, Mr. Le Thuc Hoai plays an essential role in leading, strategically planning and investment consulting for the fund, using his 30 years of practical business experience. 
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Ngo Dinh Dat

Managing Director

With over 12 years of management experience at large corporations, combined with good market insight and decisive leadership talent, Mr. Ngo Dinh Dat is currently Managing Director of ITI Fund and is the key to building and promoting the fund’s development.
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Dang Thi Kieu My

Director of ITI Fund

Ms. Dang Thi Kieu My (Kimmy) is Director of ITI Fund, responsible for leading investments, driving portfolio growth strategies, and cultivating networks within the fund's entrepreneurial ecosystem.
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Nguyen Luong Quang

Investment Manager

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ITI Fund_Investment Principal_Vo Tuan Kiet

Vo Tuan Kiet

Investment Principal

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Vu Thi Thuy

Partnership & Communication Leader

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ITI Fund_Technology Principal_Nguyen Trong Phu

Nguyen Trong Phu

Technology Leader

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Tran Duong Quoc Bao

Investment Associate

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Nguyen Van Duc

Investment Associate

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Vo Thi Mai Huynh

Partnership & Communication Executive

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Tran Thuy Trang

Investment Analyst

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PORTFOLIO

ITI FUND

ITI Fund pays the most attention to and prioritizes projects that can take advantage of local strengths to create products that are not only breakthroughs but also contribute to a more sustainable startup ecosystem, leveraging the image of Vietnamese specialty to the world.
  • All
  • Manufacturing & Retail
  • Technology Solutions
  • Services
  • Other

RESKI HOTPOT

ITI Fund-Benkon-Logo

BENKON

ITI Fund_Portfolio_M Building

M-BUILDING

ITI-Fund-PVA Pro-Logo

PVA PRO

ITI Fund_Portfolio_Vietnipa

VIETNIPA

ITI FUND

Start - Up Together

LIBRARY

ITI FUND

Stay up-to-date with the latest news, events, trends, and useful knowledge about startups.

[ITI Fund’s Recruitment] Investment Intern

Pick up & Drop Off – A breakthrough in Last Mile Delivery

EdTech – A Shining Star in the Startup Market

ITI Fund

[ITI Fund’s Recruitment] Partnerships & Communications Intern

ITI Fund - Digital Health

Startups Eye Prospects in the Digital Health Landscape

ITI Fund - Carbon credit

Carbon Credits: The Opportunities on the Pathway to Net Zero

ITI Fund Invested $1M in PVA PRO, a Vietnamese Water-Soluble Polymer Solutions Startup

ITI Fund Invested $1M in PVA PRO, a Vietnamese Water-Soluble Polymer Solutions Startup

ITI Fund - Sleep tech - Mat ngu

Unraveling the Global Sleep Technology Startup Craze in 2023

ITI Fund - Tong hop cuoc thi khoi nghiep - Startup Wheel - Benkon

Top 10 Prestigious Startup Competitions in 2023

ITI Fund - AI và Truyền thông

AI-powered Newsrooms, the Future of Journalism and Communication   

ITI Fund - smart city

Smart Cities – Golden Opportunity for Innovation and Investment 

ITI Fund - Độc đáo các startup giải quyết vấn đề rác thải nhựa thúc đẩy “nền kinh tế tuần hoàn”

Solving the Plastic Waste Problem: Exploring Development Opportunities for Startups

ITI Fund - Green bitcoin

Green Bitcoin – The Significance and Some Notable Projects

ITI Fund - Công nghệ thảm họa (D-Tech) và vai trò của công nghệ trong Quản lý thảm họa

Disaster Technology (D-Tech): The Crucial Role of Technology in Effective Disaster Management

ITI Fund

[ITI Fund’s Recruitment] Investment Principal

ITI Fund

[ITI Fund’s Recruitment] Investment Associate

ITI Fund - Công nghệ khí hậu (climate tech) mở ra cơ hội khởi nghiệp tiềm năng và phát triển bền vững

Climate Tech: Unlocking Start-Up Opportunities and Sustainable Development

ITI Fund - Tiềm năng và những lưu ý khi startup muốn mở rộng thị trường tại Đông Nam Á (phần 2)

Startups Eyeing Southeast Asia: Key Considerations to Ponder Before Expanding (Part 2)

ITI Fund - Tiềm năng và những lưu ý khi startup muốn mở rộng thị trường tại Đông Nam Á (phần 1)

Startups Eyeing Southeast Asia: Key Considerations to Ponder Before Expanding (Part 1)

ITI Fund - Báo cáo Đổi mới sáng tạo và Đầu tư công nghệ Việt Nam 2023

Vietnam Innovation & Technology Investment Report 2023

ITI Fund - Xu hướng đầu tư công nghệ đáng chú ý năm 2023

Top Technology Investment Trends to Keep an Eye on in 2023 (Part 2)

ITI Fund - Xu hướng đầu tư công nghệ đáng chú ý năm 2023

Top Technology Investment Trends to Keep an Eye on in 2023 (Part 1)

ITI Fund - Toàn cảnh thị trường đầu tư khởi nghiệp Việt 2022 và xu hướng 2023 - avt

Vietnam’s Startup Ecosystem in 2022 and Forecast of 2023

ITI FUND_KHỞI NGHIỆP XANH_BENKON

ITI Fund Invests in Startup Wheel 2022 Champion, Forges Strategic Partnership with Benkon

ITI Fund_Chat GPT (3)

ChatGPT: An Indicator of the Growing Scope of Artificial Intelligence

ITI Fund_Xây dựng AOP - kế hoạch vận hành kinh doanh hàng năm - trước thềm năm mới 2023

How to build Annual Operating Plan (AOP) in 2023?

ITI Fund_ 3 điều startup cần tránh trong chuyển đổi số_Lạm dụng chuyển đổi số

Digital Transformation: 3 Critical Startup Pitfalls to Avoid

ITI Fund_Mùa đông gọi vốn_Startup hợp tác

Effective Sales Strategies for Startups: Concepts and Applications

ITI Fund_Khung marketing_Cách lựa chọn khung marketing phù hợp

Revolutionizing Startup Marketing: A Comprehensive Analysis of 9 Frameworks for Effective Strategies (Part 2)

ITI Fund_Chiến lược bán hàng

Revolutionizing Startup Marketing: A Comprehensive Analysis of 9 Frameworks for Effective Strategies (Part 1)

ITI Fund_Khung Marketing_Khái niệm và tầm quan trọng

Unleashing Triumph: The Vital Significance of Marketing Strategy Frameworks for Startups

ITI Fund_Mùa đông gọi vốn - thời điểm startup cần vượt qua để phát triển

Conquering the Funding Winter: A Pivotal Phase for Startup Progression

ITI Fund_ 3 điều startup cần tránh trong chuyển đổi số_Xung đột văn hóa

Building Trust and Growth: The Power of Transparency in Startups and Investment Funds

ITI Fund & CiC 2022_Logo

ITI Fund announced as strategic partner for CiC 2022

ITI Fund_Sustainable Fashion Startups_Dong Dong

Eco-Friendly Fashion: the 4 Sustainable Startups in Vietnam Leading the Way

ITI Fund_Top 3 startup trends

Revolutionizing the Future: The Top 3 Asia Startup Trends to Watch in 2022

ITI Fund_Vấn đề pháp lý startup cần quan tâm khi kinh doanh tại nước ngoài

Legal Implications for Startups Venturing into International Business Operations

ITI FUND_GREEN TECHNOLOGY_RECOVERY ENERGY

Top Four Revolutionary Green Technology Trends Startups Must Adopt in 2022

ITI Fund & Vietnipa_Kết kết hợp tác_Ngo Dinh Dat_Phan Minh Tien

Vietnipa, the Pioneering Nipa-palm Startup, Secures Investment Capital from ITI Fund

ITI Fund_Trợ cấp tiền mặt và các chi phí liên quan

Some Policies to Foster Startups in Vietnam and Beyond

ITI Fund_Công nghệ tòa nhà thông minh

Transforming Asia’s Future with Smart Building Technology and Sustainable Expectations

ITI FUND_ECOMMERCE EXPORT

Vietnamese Startups Unlocking their Potential through E-commerce Exports

ITI Fund_Protein thay thế

Exploring the Future of Alternative Proteins

ITI FUND_ GREEN INVESTMENT

Sustainable Startups – Some Investment Funds Eyeing in Vietnam

ITI Fund_Xiaomi_Europe

Competitive advantage of Startups for Expanding into new markets (Part 2)

iti fund_hifarm

Some promising Agricultural Startups in Vietnam

ITI FUND_DATA MANAGEMENT WAYS OF STARTUPS

How Startups manage Data Resources to Accelerate Success

[ITI FUND & EXPARA & SIHUB] CORPORATE VENTURE CAPITAL (1)

[ITI FUND & EXPARA & SIHUB] Corporate Venture Capital Program

ITI Fund_BSSC

Top outstanding Co-working space for Startups

ITI Fund_CiC

Top startup pitch competitions you must join in 2022

ITI Fund_Tái chế

RURAL CONNECTIVITY AND AGRICULTURE LOGISTICS THROUGH E-TRADE

ITI Fund

Cooperation agreement signing ceremony between ITI Fund and Innovative Entrepreneurship Center (IEC)

ITI Fund_Business Model

WHAT STARTUP SHOULD KNOW ABOUT BUSINESS MODEL?

ITI-Fund_Financial-Planning-For-Startups

WHAT FOUNDERS NEED TO KNOW ABOUT FINANCIAL PLANNING?

WHAT STARTUPS SHOULD KNOW WHEN VALUING IN CAPITAL CALLS?

ITI Fund_Sản vật địa phương Việt Nam-min

EXPORTING LOCAL SPECIALTIES IN SOME COUNTRIES

ITI Fund_Huynh Van No_Chang trai lam ong hut tu co say

VIETNAMESE ENTREPRENEURS PIONEER IN EXPORTING GREEN PRODUCTS

ITI Fund_Thời điểm vàng xuất khẩu sản phẩm mây tre cói

EXPORT MARKET POTENTIAL OF VIETNAM BAMBOO & RATTAN PRODUCTS IN 2022

ITI Fund_Quỹ đầu tư startup

ITI FUND – VIETNAM INNOVATIVE START-UP FUND

ITI Fund_Xu hướng digital marketing 2022_feature image

5 DIGITAL MARKETING TRENDS THAT STARTUPS NEED TO KNOW IN 2022

ITI-Fund_Metaverse_Xu-huong-khoi-nghiep-2022

METAVERSE – STARTUP TREND IN 2022

ITI Fund_Startup gọi vốn thành công vòng hạt giống_Selex

SOME STARTUPS GET FUNDING OPENING 2022

ITI Fund_Quỹ đầu tư startup

TOP EARLY-STAGE STARTUP FUNDS IN VIETNAM

ITI Fund_Fasgreat_Sản phẩm từ sợi poly tái chế

ROSIER TIMES AHEAD FOR VIETNAM’S STARTUP SCENE IN 2022

ITI Fund_4M Group_M Building_Fasgreat_Điện Mặt Trời Áp Mái Khu Công Nghiệp

TOP 4 STARTUPS TRENDS IN 2022

START-UPS UTILIZE LOCAL ADVANTAGES

9 STEPS FOR A PERFECT BUSINESS PLAN

HOW TO FUNDING FOR START-UP

SOME ATTRACTIVE START-UP CONTESTS IN VIETNAM

UNICORN STARTUPS OF VIETNAM

HOMEFARM AND FICUS SUCCESSFULLY RAISED CAPITAL

CiC- CREATIVE IDEA CONTEST FOR STUDENTS

STARTUP FESTIVAL

PREPARE FOR STARTUP

BENEFITS OF HAVING A GOOD FINANCIAL PLAN

SOME STARTUP OF VIETNAM SUCCESSFULLY RAISED CAPITAL IN 2021

iti fund_khổng tước nguyên_mắm tôm chà

START UP WINNERS DURING COVID

“CRAZY” STARTUP IDEAS THAT ARE WORTH MILLION DOLLARS

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