Best Mobile Companies in Vietnam
The 125 best Mobile companies in Vietnam in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Axie Infinity.
Vietnam's Mobile sector has 125 companies tracked here, ranked by disclosed equity funding and recent momentum, with $237M in total capital on the books. One number does most of the talking: Axie Infinity pulled in $161M of that alone, leaving the rest of the field splitting the balance. Two unicorns have emerged from the cohort, and investors like X21 Digital, Epoch Ventures, and Infinity Capital are keeping the pipeline active. The global market these companies are swimming in sits at roughly $9.0B in 2025 and is forecast to reach $24.1B by 2033, a 13.12% CAGR that reflects accelerating smartphone penetration and 5G rollout across Southeast Asia.
So what should you watch right now? Digital banking is threading into mobile infrastructure faster than most expected, and soundwave-based mobile payments signal how far fintech and mobile are converging at the hardware layer. Flagship pricing and OS competition are heating up the consumer side simultaneously. I'd flag that regulatory friction around digital payments could reshape which Vietnam-based players scale fastest. Space Falcon at $4M and Ark Rivals at $4M are modest by global standards, but the funding momentum tells you the infrastructure for the next breakout is already being laid.
- Mobile penetration in 2nd world to hit 95% by 2013
Our analysis of 127 Mobile companies
$17.0b in tracked funding; 88% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2024.
Ranked: Best Mobile companies in Vietnam
| # | Company | Disclosed funding | Last round | Stage | Founder | Tech stack | Web popularity | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Axie Infinity 🦄 Developer of a decentralized strategy-based gaming platform | $161M | 67 mo ago | Funding Raised | Aleksander Leonard Larsen Co-Founder and Chief Operating Officer | SubstackSentryZendesk+18 | Top 1M | — |
| 2 | VNG 🦄 Online games developer and cloud solutions provider | $29M | 87 mo ago | Series B | Vuong Khai Co-Founder | Node.jsSalesforceTailwind CSS+12 | Top 1M | 2 partnerships |
| 3 | Ark Rivals Provider of a sci-fi action strategy NFT game | $4M | 51 mo ago | Funding Raised | Nghia Do CEO | — | — | — |
| 4 | Space Falcon Developer of casual games | $4M | 52 mo ago | Series A | — | Proton MailNode.jsFirebase+13 | Top 50M | — |
| 5 | Metastrike Official website of RPG shooting game | $3M | 44 mo ago | Seed | Son Nguyen Co-Founder | BootstrapReactReact Router+8 | Top 50M | — |
| 6 | Orbitau Provider of NFT-based role-playing game | $3M | 51 mo ago | Deadpooled | Minh Nguyen CEO | — | — | — |
| 7 | Summoners Arena Provider of play-to-earn role-playing game for mobile devices | $3M | 52 mo ago | Seed | Manh Tran Founder | PIXIjsBootstrapAlpine.js+13 | Top 50M | — |
| 8 | RaceFi Provider of an AI and blockchain-based fantasy car racing platform | $3M | 54 mo ago | Seed | — | — | — | — |
| 9 | Pegaxy Provider of blockchain-based play to earn horse racing game | $3M | 55 mo ago | Funding Raised | Steve Nguyen Co-Founder & CTO | Node.jsTypeScriptGraphQL+16 | Top 10M | — |
| 10 | Poco Online game-based marketplace for NFTs | $3M | 57 mo ago | Funding Raised | Charlotte Nguyen Co-Founder | — | — | — |
| 11 | Thetan Arena Developer of an eSports game with blockchain technology and NFTs | $2M | 57 mo ago | Funding Raised | Hoang So Co-Founder | SentryThree.jsstyled-components+13 | Top 5M | — |
| 12 | Himo World Provider of NFT-based battle game | $2M | 52 mo ago | Funding Raised | Quan Vu Co-Founder & CTO | — | — | — |
| 13 | Topebox Mobile game developer & publisher studio | $2M | 61 mo ago | Seed | Nghia Do Co-Founder | Node.jsTailwind CSSVercel+8 | Top 50M | — |
| 14 | HowlCity Developer of a metaverse game based on blockchain technology | $2M | 55 mo ago | Funding Raised | Bui Cai Co-Founder & CEO | — | — | — |
| 15 | Luna Rush Provider of NFT-based role-playing game | $2M | 53 mo ago | Seed | Ngo Thai Co-Founder & CEO | — | — | — |
| 16 | Kaby Arena Provider of free-to-play turn-based NFT game | $2M | 57 mo ago | Funding Raised | Nhan Bui Co-Founder & CEO | — | — | — |
| 17 | KINGSPEED Provider of blockchain-based racing game | $2M | 54 mo ago | Funding Raised | Tuyen Khuc CEO | — | — | — |
| 18 | Lord Arena Blockchain-based action RPG game | $2M | 55 mo ago | Deadpooled | Tung Nguyen Co-Founder | — | — | — |
| 19 | Planet Sandbox Blockchain-based in-game virtual assets marketplace using NFTs | $2M | 56 mo ago | Seed | Steven Lee Co-Founder | — | — | — |
| 20 | Ninneko Provider of strategy-based NFT game | $2M | 55 mo ago | Funding Raised | Hai Nguyen CEO | TypeScriptGraphQLMUI+14 | Top 5M | — |
| 21 | Bunicorn Online Defi gaming and NFT platform for individuals | $2M | 58 mo ago | Seed | Phuc Nguyen Founder & CEO | — | — | — |
| 22 | Zuki Provider of NFT-based multiplayer battle arena games | $1M | 55 mo ago | Seed | Dan Ngo Co-Founder & CEO | Ant Designstyled-componentsReact+13 | Top 50M | — |
Top 12 Mobile companies in Vietnam
#1
Seed · Hanoi, Red River Delta · founded 2021$3.3Mraised▾
Official website of RPG shooting game
- Sep 2022Seed$3.3M
- Jan 2022ICO$3.8M
#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.
- Nov 2020ICO$3M
#3
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.
- Feb 2022ICO$3.6M
- Dec 2021Seed$3.3M
#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.
- Jan 2022ICO$770K
- Jan 2022Series A$4M
#5
Funding Raised · Ho Chi Minh City, Ho Chi Minh City · founded 2022$4.2Mraised▾
Provider of a sci-fi action strategy NFT game. Ark Rivals is a sci-fi action strategy NFT game that is fully based on user-generated content where players can create their own commanders, ships, and squadrons to attack the enemy's base for resources. The game features an epic action combat strategy and players can attack enemy Arks to free enslaved citizens and enrich resources.
- Feb 2022ICO$4.2M
#6
Seed · Vietnam · founded 2021 · 14 employees$3Mraised▾
Provider of play-to-earn role-playing game for mobile devices. "Summoners Arena" is an idle RPG game with Play-Own-Earn (POE) mode where players explore the Summonia Metaverse as Summoners and can earn digital assets. The game is available for iOS and Android platforms.
- Feb 2022Seed$3M
#7
Seed · Vietnam · founded 2021 · 6 employees$2.9Mraised▾
Provider of an AI and blockchain-based fantasy car racing platform. It offers a fantasy car racing platform that enables players to build a racing community and participate in events. Its features include multiple games and race modes, leaderboard view, reward and contract management.
- Dec 2021ICO$495K
- Dec 2021Seed$2.9M
#8
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.
- Jan 2022Seed$1.9M
- Jan 2022ICO$2.5M
#9
Funding Raised · Hanoi, Hanoi · founded 2021$2Mraised▾
Provider of NFT-based battle game. The Himo World is an NFT game with a Play-to-Earn feature, in which players can engage in battles with others, build their team to their favorite to explore the universe or choose to become observers of the war. The game has a lot of modes, from Campaign, PvP, to tournament, betting, with monthly updates and worthy rewards.
- Jan 2022ICO$2M
#10
Deadpooled · Hanoi, Red River Delta · founded 2021$1.5Mraised▾
Blockchain-based action RPG game. The company provides a blockchain-based action role-play game for players. Players can play and earn tokens via an in-game marketplace. The game is available on iOS and android platforms.
- Nov 2021ICO$1.3M
- Nov 2021Seed$1.5M
#11
Funding Raised · Hanoi, Red River Delta · founded 2021 · 71 employees$2.9Mraised▾
Provider of blockchain-based play to earn horse racing game. Pegaxy (Pegasus Galaxy) is a racing game with futuristic mythological styling where players will participate in PvP format races to win rewards in the platform by using native utility tokens.
- Nov 2021ICO$2.9M
#12
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.
- Nov 2021ICO$740K
- Nov 2021Seed$1.4M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Mobile coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on 5G / 6G Networks is moving in Vietnam
A read on the academic research around 5G / 6G Networks — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 260 Vietnam-affiliated papers.
- Hanoi University of Science and Technology60
- University of Da Nang32
- Le Quy Don Technical University27
- Vietnam National University Ho Chi Minh City23
- Phenikaa University19
- Beamforming10→39
- MIMO7→27
- Base station1→12
- Telecommunications link2→11
- Precoding1→8
- Beamforming3→56
- MIMO14→36
- Electronic engineering2→18
- Telecommunications link2→17
- Base station2→11
- MIMO3
- Antenna (radio)2
- Beamforming2
- 3G MIMO1
- Reconfigurability1
Where 5g 6g is researched across Vietnam
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.