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Vietnam-based Thinkzone Ventures closes second venture fund at $60 million

Thinkzone Ventures, an investment firm primarily focused on early stage startups, has successfully closed its second fund. This fund is primarily backed by local conglomerates, including IPA Investments Corporation, Phu Thai Holdings and Stavian Group. The firm plans to invest in technology-based startups from pre-seed to Series A startups with a maximum ticket size of $3 million.

This article has been summarised for quick read. The original article can be read on Deal Street Asia.