How many total Mobile Gaming companies are there in Vietnam?

As of January 2026, Vietnam has 248 active Mobile Gaming companies.

How many Mobile Gaming companies in Vietnam are funded?

As of January 2026, 37 companies have received funding in this sector.

What is the total funding raised by Mobile Gaming companies in Vietnam?

Mobile Gaming companies in Vietnam have collectively raised $106M in funding till date.

Who are the top investors in Mobile Gaming companies in Vietnam?

The top investors in Mobile Gaming companies in Vietnam by number of investments are IDG Capital and CyberAgent Capital.

Which is the highest funded Mobile Gaming company in Vietnam?

As of January 2026, VNG has raised $29M in funding, highest among the funded Mobile Gaming companies in Vietnam.

How many Mobile Gaming unicorns are there in Vietnam?

Vietnam has produced one unicorn in the Mobile Gaming sector till date.

Mobile Gaming in Vietnam - 2026 Market & Investments Trends

Companies included in Mobile Gaming

Includes: Gaming companies with the core business (major revenue) as the development and publishing of mobile games. The scope also include mobile gaming platforms (which enables the search discovery and online playing of mobile games ) and also gaming enablers ( companies that support game developers in the development, monetization, marketing and distribution of mobile games )

Companies excluded in Mobile Gaming

Excludes: Companies that develop mobile games but the core focus remains as PC/Console games and gambling companies that use real money to play games.

Key Metrics

Total Companies

309

Top Companies

VNG, Falcon Game Studio & more

Total Funding

$106M

Funded Companies

Series A+ Companies

Series C+ Companies

Unicorns Created

IPOs

Acquisitions

Also known as

Mobile Games or Mobile Game

View complete details of this sector

There are more than 309 companies in Mobile Gaming in Vietnam. VNG is the top Mobile Gaming company in Vietnam, ranked using Tracxn Score (what's this?).

Here are 5 of the top Mobile Gaming companies in Vietnam:

Company	Description	Location	Founded	Current Stage	Private Funding Raised
VNG	Online games developer and cloud solutions provider	Ho Chi Minh City (Vietnam)	2004	Series B	$29M
Falcon Game Studio	Developer of casual games	Hanoi (Vietnam)	2017	Unfunded	-
VTC Mobile	Independent game development and publishing company	Hanoi (Vietnam)	2009	Unfunded	-
Appota	Provider of technology solutions and digital entertainment content	Hanoi (Vietnam)	2011	Series D	-
Axie Infinity	Developer of a decentralized strategy-based gaming platform	Ho Chi Minh City (Vietnam)	2018	Funding Raised	-

Get a longer list of companies

Companies founded year-on-year in the Mobile Gaming sector in Vietnam

50 Mobile Gaming startups in Vietnam were founded in 2021 - this is the most number of startups founded in any year in the last 10 years.

Total Number of Companies

Year	No. of companies
2026	-
2025	-
2024	4
2023	10
2022	31
2021	50
2020	25
2019	18
2018	19
2017	8

Stage-wise distribution of Mobile Gaming sector companies in Vietnam

Out of the total 309 Mobile Gaming companies in Vietnam, 37 have secured funding. Among them, 6 have reached Series A or higher, and 4 to Series B or beyond.

Founded - 309

Funded - 37

Series A+ - 6

Series B+ - 4

Series C+ - 3

Company Stage	No. of companies
Founded	309
Funded	37
Series A+	6
Series B+	4
Series C+	3

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Total funding year-on-year in the Mobile Gaming sector in Vietnam

The Mobile Gaming sector in Vietnam saw a total funding of more than $104M in the last 10 years. The most amount of funding was in 2021 at more than $36.2M.

Total Funding

Year	Total Funding
2022	$34.6M
2021	$36.2M
2020	$3.97M
2019	$29M
2017	-

Recent Funding Rounds in Mobile Gaming in Vietnam

In the year 2022, till September 2022, Mobile Gaming companies in Vietnam have raised $12.2M in equity funding across 6 rounds. In the same period last year (i.e. till September 2021), Mobile Gaming companies in Vietnam had raised $4M across 4 rounds. So, 2022 has seen a 205% rise in funding in Mobile Gaming companies in Vietnam as compared to 2021.

Here are some recent, important funding rounds in Mobile Gaming companies in Vietnam:

Company	Round Raised	Amount Raised	Funding Date	Investors
Metastrike	Seed	6366	Sep 30, 2022	GD10 Ventures and 2 more
Appota	Series D	6625	Jun 08, 2022	Mirae Asset
Petgotchi	Seed	6889	2022	Antler
Summoners Arena	Seed	9888	Feb 11, 2022	Impossible Finance and 13 more
Space Falcon	Series A	9789	Jan 20, 2022	Solar Eco Fund and 5 more

See a more detailed list of funding rounds

IDG Capital is the top investor in Mobile Gaming companies in Vietnam based on number of companies invested.

Here are some top investors in Mobile Gaming companies in Vietnam:

Investor	Location	Top Portfolio Companies
IDG Capital	New York (United States)	Vega
CyberAgent Capital	Tokyo (Japan)	VNG and TeaMobi
500 Global	Ho Chi Minh City (Vietnam)	-
BD Ventures	Vietnam	Zuki, Luna Rush, 9DNFT and HowlCity
Infinity Capital	Vietnam	Summoners Arena, Thetan Arena, RaceFi and Dragon Kart

See a more detailed list of investors

In the year 2011, till September 2011, 1 acquisition happened in Mobile Gaming sector in Vietnam.

Here are some recent, important acquisitions in Mobile Gaming sector in Vietnam:

Company	Acquisition Type	Acquisition Date	Acquirers
Punch Entertainment	Acqui-Hired	Sep 2011	DeNA

See a more detailed list of acquisitions

Companies founded by alumni from top colleges in the Mobile Gaming in Vietnam

Most number of Mobile Gaming startups in Vietnam have been founded by alumni from Nanyang Technological University (NTU), National University of Singapore (NUS) and University of California (Berkeley).

College	No. of companies
Nanyang Technological University (NTU)	1
National University of Singapore (NUS)	1
University of California (Berkeley)	1
University of California (Los Angeles)	1