Draper Startup House, a global network of spaces connected to services, education, and investment, announced today that it has acquired Hatch Ventures Vietnam (HATCH!), a startup ecosystem builder. The deal brings to Draper a presence in Vietnam, and enables HATCH! access to the Draper Venture Network.
Singapore s Draper Startup has acquired Hatch Ventures Vietnam
HATCH!, which offered training, business incubation, and investor matching, was founded in 2012 by US entrepreneur Aaron Everhart. HATCH! organised the HATCH! FAIR from 2012-2017, and coorganised the inaugural TechFest, which is now Vietnamâs largest annual gathering for innovation and entrepreneurship.
Draper Startup House, founded by Vikram Bharati in Singapore in 2018, began as Tribe Theory, a concept for digital nomads to live, work, and cocreate companies. It joined the Draper Ecosystem to form Draper Startup House in 2019. Danang, Vietnam is the newest location, joining its existing locations.