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Radar · Gaming in Southeast

Best Gaming Companies in Southeast, Vietnam

The 50 best Gaming companies in Southeast, Vietnam in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Axie Infinity.

50companies tracked
$218.4Mdisclosed funding
2unicorns
13have raised
FLIAR INTELLIGENCE · GAMING × SOUTHEAST

Our analysis of 180 Gaming companies

$26.0b in tracked funding; 90% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2024.

180companies analysed
90%cloud-native stacks
2024funding peak (by rounds)
14unicorns
2020median founding year

Ranked: Best Gaming companies in Southeast

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackRecent signals
1Axie Infinity 🦄
Developer of a decentralized strategy-based gaming platform
$161M69 mo agoFunding RaisedAleksander Leonard Larsen
Co-Founder and Chief Operating Officer
2018SubstackSentryZendesk+18—
2VNG 🦄
Online games developer and cloud solutions provider
$29M89 mo agoSeries BVuong Khai
Co-Founder
2004Node.jsSalesforceTailwind CSS+122 partnerships
3Ancient8
Provider of PC and console-based blockchain gaming platform
$10M20 mo agoSeries ANathan L
Co-Founder
2021Node.jsThree.jsRadix UI+13—
4Space Falcon
Developer of casual games
$4M54 mo agoSeries A—2011Proton MailNode.jsFirebase+13—
5Orbitau
Provider of NFT-based role-playing game
$3M53 mo agoDeadpooledMinh Nguyen
CEO
2021——
6Thetan Arena
Developer of an eSports game with blockchain technology and NFTs
$2M58 mo agoFunding RaisedHoang So
Co-Founder
2021SentryThree.jsstyled-components+13—
7TankWars
Developer of play-to-earn battle metaverse game
$2M54 mo agoSeedPaul Nguyen
Co-Founder
2021——
8Topebox
Mobile game developer & publisher studio
$2M63 mo agoSeedNghia Do
Co-Founder
2012Node.jsTailwind CSSVercel+8—
9Luna Rush
Provider of NFT-based role-playing game
$2M55 mo agoSeedNgo Thai
Co-Founder & CEO
2021——
10Zuki
Provider of NFT-based multiplayer battle arena games
$1M56 mo agoSeedDan Ngo
Co-Founder & CEO
2021Ant Designstyled-componentsReact+13—
11Duelist King
Developer of PC and console-based NFT card games
$1M57 mo agoAcqui-HiredDzung Tran
Co-Founder & CEO
2021——

Top 12 Gaming companies in Southeast

#1
Series A · Ho Chi Minh City, Southeast · founded 2021
$10Mraised
▾

Provider of PC and console-based blockchain gaming platform. The decentralised platform allows players to play and build the metaverse while earning rewards.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Dec 2024Grant (prize money)—
  • Jul 2024ICO$40K
  • Jun 2022Series A$6M
  • Jan 2022Seed$4M
Founders & team
Nathan LCo-Founder
Investors
Makers Fund, Pantera Capital, 6MV, IOSG Ventures, Folius Ventures, Morningstar Ventures
Tech stack
CloudflareCloudflare Browser InsightsGoogle WorkspaceGsapHttp/3Next.Js
#2
Funding Raised · Ho Chi Minh City, Southeast · founded 2018 · 303 employees
$161Mraised
▾

Developer of a decentralized strategy-based gaming platform. It provides users with a platform where users can buy virtual plots that can be upgraded over time using a variety of resources and crafting ingredients that can be founded when playing the game. Users can also sell the plots in the marketplace.

Funding rounds
  • Nov 2020ICO$3M
Founders & team
Aleksander Leonard LarsenCo-Founder and Chief Operating OfficerTrung NguyenCo-Founder & CEO
Investors
Ascend Vietnam Ventures, Buks Capital, KNC Ventures, B3V, AU21 Capital, Konvoy Ventures
Tech stack
Animate.CssCdnjsCloudflareCloudflare Bot ManagementCloudflare Browser InsightsCore-Js
#3
VNG 🦄
Series B · Ho Chi Minh City, Southeast · founded 2004 · 3505 employees
$29Mraised
▾

Online games developer and cloud solutions provider. The company has various products such as online digital content, community links, utility software, and eCommerce. The games developed and published by the company include Gunny, Kiem The, Crossfire Legends, and more.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 288k LinkedIn followers — 98.2% of this cohort's audience
Activity: 2 partnerships (incl. MSB) announced in 12 mo
Funding rounds
  • Mar 2019Series B$29M
Founders & team
Vuong KhaiCo-FounderLe MinhFounder & CEO
Investors
Temasek, IDG Ventures Vietnam, CyberAgent Capital, Chiratae Ventures, GIC, Goldman Sachs
Tech stack
Ant DesignAosAstroCdnjsCloudflareFancybox
#4
Series A · Ho Chi Minh City, Southeast · founded 2011 · 8 employees
$4Mraised
▾

Developer of casual games. It offers games such as Aviatrix and 2048. It develops games for PC and consoles, mobile, and is made available on playstore, app store.

Funding rounds
  • Jan 2022ICO$770K
  • Jan 2022Series A$4M
Investors
Solar Eco Fund, Momentum 6, Maven Capital Partners, Lavender, Magnus Capital, OKEx Blockdream Ventures
#5
Deadpooled · Ho Chi Minh City, Southeast · founded 2021
$3.3Mraised
▾

Provider of NFT-based role-playing game. It offers "Orbitau - Seven Deadly Sins", a fantasy game with role-playing and turn-based strategy gameplay where players can participate and earn rewards. The game is available for iOS and Android platforms.

Funding rounds
  • Feb 2022ICO$3.6M
  • Dec 2021Seed$3.3M
Founders & team
Minh NguyenCEO
Investors
Lavender, Coincu Ventures, DEO Network, RADA, HUB Global, NGC Ventures
#6
Seed · Ho Chi Minh City, Southeast · founded 2021 · 14 employees
$2.4Mraised
▾

Developer of play-to-earn battle metaverse game. It offers a blockchain technology-based game with the genre of action tank battles. It allows players to explore the game world, collect gaming items, participate in battles with other players, raid, and use earn by trading and staking NFT.

Funding rounds
  • Jan 2022ICO$2.9M
  • Jan 2022Seed$2.4M
Founders & team
Paul NguyenCo-FounderPete HoCo-Founder
Investors
Fantom, Jsquare, DFG, Newave Capital, HyperChain, Prometeus
#7
Seed · Ho Chi Minh City, Southeast · founded 2021
$1.9Mraised
▾

Provider of NFT-based role-playing game. Luna Rush is a multiplayer role-playing NFT game that lets the players engage in the combat arena in PvP mode and earn rewards in the form of NFT tokens to trade in the marketplace. The game is available for iOS and Android platforms.

Funding rounds
  • Jan 2022Seed$1.9M
  • Jan 2022ICO$2.5M
Founders & team
Ngo ThaiCo-Founder & CEO
Investors
X21 Digital, Infinity PAD, Red Hat, BlueWheels, Onebit Ventures, VeriChains
#8
Funding Raised · Ho Chi Minh City, Southeast · founded 2021
$2.4Mraised
▾

Developer of an eSports game with blockchain technology and NFTs. It allows players to form teams and earn rewards. It combines free-to-play and play-to-earn models, offering free heroes for casual play. Players can acquire NFTs to earn rewards and maximize profits. The game aims to create a stable economy with decentralized ownership of digital assets.

Funding rounds
  • Sep 2021ICO$2.4M
Founders & team
Hoang SoCo-FounderKhanh DinhCEO
Investors
K300 Ventures, GTA Ventures, CoinTV Ventures, Meta Seeds Ventures, Infinity Capital, S6k Labs
Tech stack
CloudflareCloudflare Bot ManagementCloudflare Browser InsightsCore-JsFacebook PixelGitbook
#9
Seed · Ho Chi Minh City, Southeast · founded 2021 · 14 employees
$1.4Mraised
▾

Provider of NFT-based multiplayer battle arena games. Zuki Moba is an online shooter game with simple gameplay and chibi graphics. It offers investment opportunities to players, non-replaceable, non-fungible tokens, and users can make a profit by playing the game, collecting these NFTs, and selling them on Zuki Moba Marketplace for other users.

Funding rounds
  • Nov 2021ICO$740K
  • Nov 2021Seed$1.4M
Founders & team
Dan NgoCo-Founder & CEOJayz NguyenCo-Founder
Investors
Kyber Network, Coins Group, Axia8 Ventures, Ufin, Krypital Group, Onebit Ventures
#10
Seed · Ho Chi Minh City, Southeast · founded 2012 · 57 employees
$2Mraised
▾

Topbox is a mobile game developer & publisher studio. The company specializes in developing casual games such as arcades, puzzles, action, and more. Some of the games developed by the company include Beetle.io, Thief Rivals, Sky Dancer: Free Falling, Solitaire, and more. These games are available on the iOS platform. It generates revenue through in-app purchases.

Funding rounds
  • Apr 2021Seed$1M
  • Apr 2020Seed$1M
Founders & team
Nghia DoCo-FounderEll TeeFounder & CEO
Investors
Megala Ventures, Animoca Brands, Habby
#11
Acqui-Hired · Ho Chi Minh City, Southeast · founded 2021 · 10 employees
$1Mraised
▾

Developer of PC and console-based NFT card games. The company's game is the decentralized NFT card game that aims to transform the way people play, participate and earn in card games.

Funding rounds
  • Oct 2021ICO$2.1M
  • Oct 2021Seed$1M
Founders & team
Dzung TranCo-Founder & CEONicole NguyenCo-Founder & CMO
Investors
Magnus Capital, Momentum 6, BoostX, Shima Capital, Ben Mo, Theblockbeats
#12
Seed · Ho Chi Minh City, Southeast · founded 2022
—raised
▾

Online platform offering metaverse gaming ecosystem. It offers an AI-powered platform and proprietary smart contracts that turn play-to-earn into play-on-earn. It provides predictive gamer analytics to the players which helps them with in-game asset allocation.

Funding rounds
  • Jun 2022Seed—
Founders & team
Daniel NguyenCo-Founder & CEOEric FongCo-Founder
Investors
VinaCapital

Funding & investor landscape

$218.4Mtotal disclosed funding
11companies funded
20disclosed rounds
0rounds last 90 days
Most active investors
AU21 Capital4 rounds
X21 Digital4 rounds
Alpha Moon Capital2 rounds
Animoca Brands2 rounds
Avstar2 rounds
BD Ventures2 rounds
Epoch Ventures2 rounds
Extrawatts2 rounds
K300 Ventures2 rounds
LD Capital2 rounds

Notable founders

Nathan L
Co-Founder · Ancient8
Aleksander Leonard Larsen
Co-Founder and Chief Operating Officer · Axie Infinity
Trung Nguyen
Co-Founder & CEO · Axie Infinity
Vuong Khai
Co-Founder · VNG
Le Minh
Founder & CEO · VNG
Minh Nguyen
CEO · Orbitau
Paul Nguyen
Co-Founder · TankWars
Pete Ho
Co-Founder · TankWars
Ngo Thai
Co-Founder & CEO · Luna Rush
Hoang So
Co-Founder · Thetan Arena
Khanh Dinh
CEO · Thetan Arena
Dan Ngo
Co-Founder & CEO · Zuki
Prism market signals · Vietnam · country-scoped Prism corpus, 458,258 docs

Market landscape — 10 sub-themes by coverage

Share of Gaming coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · Vietnam

How research on Gaming Technology is moving in Vietnam

A read on the academic research around Gaming Technology — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 5 Vietnam-affiliated papers.

top research entities
  • Institute of Mathematics1
  • University Of Transport Technology1
  • Ho Chi Minh City University of Technology1
  • Vietnam National University Ho Chi Minh City1
  • Văn Hiến University1
leading researchers
Edvinas Danevičius · Rytis Maskeliūnas · Robertas Damaševičius · Dawid Połap · Marcin Woźniak · Bach Van Pham · Quynh-Anh Thi Bui · Quang Huy Vu
▲ Breakthroughs1 · 20%
0%→0% share
1 median citations100% since 2021mostly methods-led
Breakthroughs are cooling (0%→0% of field), led by Game engine.
rising sub-themes (early→recent)
  • Game engine1
  • Game development tool1
  • Architecture1
  • Video game development1
  • Entertainment1
Landmark Multi-Agents System for Game Development Through Unreal Engine · 1 cites
◆ Advancements3 · 60%
0%→0% share
0 median citations67% since 2021mostly methods-led
Advancements are cooling (0%→0% of field), led by Rendering (computer graphics).
rising sub-themes (early→recent)
  • Rendering (computer graphics)3
  • Real-time rendering2
  • Physics engine1
  • Cloud computing1
  • Scripting language1
Landmark A Soft Body Physics Simulator with Computational Offloading to the Cloud · 11 cites

Common questions

How many Gaming companies are there in Southeast, Vietnam?
Radar tracks 50 indexable Gaming companies headquartered in Southeast, Vietnam that meet our profile-completeness bar.
What is the total funding raised by Gaming companies in Southeast, Vietnam?
The Gaming companies in Southeast, Vietnam on this list have raised a combined $218.4M in disclosed equity funding across 11 funded companies.
Which is the highest-funded Gaming company in Southeast, Vietnam?
Axie Infinity is the highest-funded Gaming company in Southeast, Vietnam, with $161M in disclosed equity funding.
How many Gaming companies in Southeast, Vietnam are funded?
11 of the 50 Gaming companies in Southeast, Vietnam on this list have disclosed at least one equity funding round.
How many Gaming unicorns are there in Southeast, Vietnam?
2 Gaming companies in Southeast, Vietnam on this list are valued at $1B or more.
Who are the top investors in Southeast, Vietnam Gaming companies?
The most active investors in Southeast, Vietnam Gaming companies on this list include AU21 Capital, X21 Digital, Alpha Moon Capital, Animoca Brands, Avstar.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

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