# Equo Vietnam CO.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/equo-vietnam-co

- Industry: Consumer Products
- Headquarters: Ho Chi Minh City, Vietnam
- Website: www.shopequo.com
- Total disclosed funding: $1.3M
- Latest round: Seed (Apr 19, 2022)
- Investors on record: 3

## About

Based in Vietnam, and founded in 2019 by Marina Tran-Vu, Equo Vietnam CO., LTD., operates as an e-commerce company that manufactures and sells various environment-friendly products. In April 2022, Equo Vietnam CO., LTD. raised 1.3 million in seed funding led by NextGen Ventures, with the participation of other new investors, Techstars and East Ventures.

The company offers a wide range of eco-friendly consumer products that include drinking straws, forks, spoons, and knives made from natural materials like rice, coffee, coconut, grass, and sugarcane. The company also provides re-usable tote bags that are biodegradable and compostable.

The company generates revenue by selling its eco-friendly products that vary as re-usable tote bags (USD 12.99), straws (USD 5-USD 16), and utensils (USD 4 – USD 130).

The company plans to use April 2022 funding to improve its technology, and product offerings and also to expand its business in the United States, Canada, Vietnam, and Singapore, as well as venture into Europe, Japan, and Australia.

## Funding rounds

- Seed, Apr 19, 2022, $1.3M — NextGen Ventures, Techstars, East Ventures

## Investors

- NextGen Ventures — Seed
- Techstars (https://capitalatlas.ai/funds/techstars) — Seed
- East Ventures (https://capitalatlas.ai/funds/east-ventures) — Seed