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Radar · Mobile Gaming in Vietnam

Best Mobile Gaming Companies in Vietnam

The 103 best Mobile Gaming companies in Vietnam in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Axie Infinity.

103companies tracked
$237Mdisclosed funding
2unicorns
25have raised

Vietnam's Mobile Gaming scene has a funding story worth reading closely, and this directory ranks the 103 companies we track by disclosed equity and recent momentum. Total disclosed funding hits $237M, with Axie Infinity alone accounting for $161M of that, which tells you something about how concentrated the upside is here. Two unicorns have already cleared the bar. The global market was pegged at roughly $15.1B in 2020 with an 11.3% CAGR projected forward, and Vietnam's developer ecosystem is positioning early to capture a slice of that curve.

So what's actually moving right now? Median install growth across 23 gaming apps is running at about +11% YoY, and how mobile gaming has evolved into a cross-platform, smartphone-first category explains why that number keeps climbing. A fresh $5K web3 mobile tournament signals the competitive layer heating up globally, a format Vietnamese studios like Metastrike and Summoners Arena are already chasing. Monetization policy and regulatory restrictions remain the friction point I'd watch, but investors including X21 Digital and Epoch Ventures are clearly betting that friction is temporary.

Sources & further reading
  • Un rapport d'App Annie et d'IDC révèle qu'au premier trimestre, les co
  • Mobile is projected to account for 56% of gaming revenue in 2023

Ranked: Best Mobile Gaming companies in Vietnam

#CompanyDisclosed fundingLast roundStageFoundedFounderTech stackRecent signals
1Axie Infinity 🦄
Developer of a decentralized strategy-based gaming platform
$161M67 mo agoFunding Raised2018Aleksander Leonard Larsen
Co-Founder and Chief Operating Officer
SubstackSentryZendesk+18—
2VNG 🦄
Online games developer and cloud solutions provider
$29M87 mo agoSeries B2004Vuong Khai
Co-Founder
Node.jsSalesforceTailwind CSS+122 partnerships
3Ark Rivals
Provider of a sci-fi action strategy NFT game
$4M51 mo agoFunding Raised2022Nghia Do
CEO
——
4Space Falcon
Developer of casual games
$4M52 mo agoSeries A2011—Proton MailNode.jsFirebase+13—
5Metastrike
Official website of RPG shooting game
$3M44 mo agoSeed2021Son Nguyen
Co-Founder
BootstrapReactReact Router+8—
6Orbitau
Provider of NFT-based role-playing game
$3M51 mo agoDeadpooled2021Minh Nguyen
CEO
——
7Summoners Arena
Provider of play-to-earn role-playing game for mobile devices
$3M52 mo agoSeed2021Manh Tran
Founder
PIXIjsBootstrapAlpine.js+13—
8RaceFi
Provider of an AI and blockchain-based fantasy car racing platform
$3M54 mo agoSeed2021———
9Pegaxy
Provider of blockchain-based play to earn horse racing game
$3M55 mo agoFunding Raised2021Steve Nguyen
Co-Founder & CTO
Node.jsTypeScriptGraphQL+16—
10Poco
Online game-based marketplace for NFTs
$3M57 mo agoFunding Raised2021Charlotte Nguyen
Co-Founder
——
11Thetan Arena
Developer of an eSports game with blockchain technology and NFTs
$2M57 mo agoFunding Raised2021Hoang So
Co-Founder
SentryThree.jsstyled-components+13—
12Himo World
Provider of NFT-based battle game
$2M52 mo agoFunding Raised2021Quan Vu
Co-Founder & CTO
——
13Topebox
Mobile game developer & publisher studio
$2M61 mo agoSeed2012Nghia Do
Co-Founder
Node.jsTailwind CSSVercel+8—
14HowlCity
Developer of a metaverse game based on blockchain technology
$2M55 mo agoFunding Raised2021Bui Cai
Co-Founder & CEO
——
15Luna Rush
Provider of NFT-based role-playing game
$2M53 mo agoSeed2021Ngo Thai
Co-Founder & CEO
——
16Kaby Arena
Provider of free-to-play turn-based NFT game
$2M57 mo agoFunding Raised2021Nhan Bui
Co-Founder & CEO
——
17KINGSPEED
Provider of blockchain-based racing game
$2M54 mo agoFunding Raised2021Tuyen Khuc
CEO
——
18Lord Arena
Blockchain-based action RPG game
$2M55 mo agoDeadpooled2021Tung Nguyen
Co-Founder
——
19Planet Sandbox
Blockchain-based in-game virtual assets marketplace using NFTs
$2M56 mo agoSeed2021Steven Lee
Co-Founder
——
20Ninneko
Provider of strategy-based NFT game
$2M55 mo agoFunding Raised2021Hai Nguyen
CEO
TypeScriptGraphQLMUI+14—
21Bunicorn
Online Defi gaming and NFT platform for individuals
$2M58 mo agoSeed2021Phuc Nguyen
Founder & CEO
——
22Zuki
Provider of NFT-based multiplayer battle arena games
$1M55 mo agoSeed2021Dan Ngo
Co-Founder & CEO
Ant Designstyled-componentsReact+13—

Top 12 Mobile Gaming companies in Vietnam

#1
Seed · Hanoi, Red River Delta · founded 2021
$3.3Mraised
▾

Official website of RPG shooting game

Funding rounds
  • Sep 2022Seed$3.3M
  • Jan 2022ICO$3.8M
Founders & team
Son NguyenCo-Founder
Investors
GD10 Ventures, Jump Capital, KuCoin, Capital S, X99 Ventures, Kilombo
#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
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
#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
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.

Funding rounds
  • Feb 2022ICO$4.2M
Founders & team
Nghia DoCEO
#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.

Funding rounds
  • Feb 2022Seed$3M
Founders & team
Manh TranFounderHarris BuiCEO
Investors
Impossible Finance, Spartan Group, Coin98, Istari Ventures, Cosmic Guild, GuildFi
#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.

Funding rounds
  • Dec 2021ICO$495K
  • Dec 2021Seed$2.9M
Investors
Genblock Capital, Exnetwork Capital, Shima Capital, RazrFi, Titans, Magnus Capital
#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.

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
#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.

Funding rounds
  • Jan 2022ICO$2M
Founders & team
Quan VuCo-Founder & CTOTung LeCo-FounderDat DuongCo-Founder & CEO
Investors
Oddiyana Ventures, Red Swiss Venture Capital
#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.

Funding rounds
  • Nov 2021ICO$1.3M
  • Nov 2021Seed$1.5M
Founders & team
Tung NguyenCo-FounderVan TrinhCo-FounderThang NguyenCo-Founder
Investors
X21 Digital, GD10 Ventures, Poolz Finance, Basics Capital, Nudibranch Venture, MH Ventures
#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.

Funding rounds
  • Nov 2021ICO$2.9M
Founders & team
Steve NguyenCo-Founder & CTOCorey WiltonCo-Founder & CEO
Investors
Kyber Ventures, TK Ventures, Coincu Ventures, Good Games Labs, Avstar
Tech stack
CloudflareGoogle WorkspaceHstsNext.JsNode.JsOpen Graph
#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.

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

Funding & investor landscape

$237Mtotal disclosed funding
22companies funded
31disclosed rounds
0rounds last 90 days
Most active investors
X21 Digital6 rounds
Epoch Ventures5 rounds
Infinity Capital5 rounds
Avstar4 rounds
Basics Capital4 rounds
Magnus Capital4 rounds
RR2 Capital4 rounds
ThinksmartBrother Capital4 rounds
AU21 Capital3 rounds
Alpha Moon Capital3 rounds

Notable founders

Son Nguyen
Co-Founder · Metastrike
Aleksander Leonard Larsen
Co-Founder and Chief Operating Officer · Axie Infinity
Trung Nguyen
Co-Founder & CEO · Axie Infinity
Minh Nguyen
CEO · Orbitau
Nghia Do
CEO · Ark Rivals
Manh Tran
Founder · Summoners Arena
Harris Bui
CEO · Summoners Arena
Ngo Thai
Co-Founder & CEO · Luna Rush
Quan Vu
Co-Founder & CTO · Himo World
Tung Le
Co-Founder · Himo World
Tung Nguyen
Co-Founder · Lord Arena
Van Trinh
Co-Founder · Lord Arena
Prism market signals · Vietnam · country-scoped Prism corpus, 457,607 docs

Market landscape — 10 sub-themes by coverage

Share of Mobile Gaming coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many Mobile Gaming companies are there in Vietnam?
Radar tracks 103 indexable Mobile Gaming companies headquartered in Vietnam that meet our profile-completeness bar.
What is the total funding raised by Mobile Gaming companies in Vietnam?
The Mobile Gaming companies in Vietnam on this list have raised a combined $237M in disclosed equity funding across 22 funded companies.
Which is the highest-funded Mobile Gaming company in Vietnam?
Axie Infinity is the highest-funded Mobile Gaming company in Vietnam, with $161M in disclosed equity funding.
How many Mobile Gaming companies in Vietnam are funded?
22 of the 103 Mobile Gaming companies in Vietnam on this list have disclosed at least one equity funding round.
How many Mobile Gaming unicorns are there in Vietnam?
2 Mobile Gaming companies in Vietnam on this list are valued at $1B or more.
Who are the top investors in Vietnam Mobile Gaming companies?
The most active investors in Vietnam Mobile Gaming companies on this list include X21 Digital, Epoch Ventures, Infinity Capital, Avstar, Basics Capital.
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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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