# Huy Vietnam Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/huy-vietnam-group

- Industry: Travel & Leisure
- Headquarters: Ho Chi Minh City, Vietnam
- Website: www.huyvietnam.com
- Total disclosed funding: $34M
- Latest round: Series C (Apr 13, 2015)
- Investors on record: 5

## About

Huy Vietnam Group is a Vietnamese company specializing in sanitary ware products, including toilets and sinks, aimed at both residential and commercial markets, ensuring hygiene and functionality in various settings.Founded in 2007 and headquartered in Ho Chi Minh City, Vietnam, Huy Vietnam Group is engaged in the production of sanitary ware products. The company has participated in a total of 4 deals, with the most recent deal date being April 13, 2015. The company raised USD 15.00 mn in Series C financing led by Templeton Asset Management, alongside Prosperous Alliance Investments and Welkin Capital Management. The founder’s history is not detailed in the available information.Huy Vietnam Group specializes in a diverse range of sanitary ware products, focusing on toilets, sinks, and kitchen sinks. Their offerings include one-piece and two-piece toilets, lavatories, and various accessories that enhance functionality in bathrooms and kitchens. The company caters to both residential and commercial customers, ensuring that their products meet essential sanitation and hygiene requirements across different environments, from homes to public facilities.In the most recent financial year, 2018, Huy Vietnam Group generated a revenue of USD 866,463.60 with an EBITDA of USD 70,565.70. Their revenue model is supported by direct sales to consumers and partnerships with various distributors, catering to both B2B and B2C markets.Huy Vietnam Group plans to leverage the USD 15.00 mn raised in their Series C financing to support the development of new products aimed at enhancing their current sanitary ware offerings. The company is also looking to expand its market presence beyond Vietnam into other Southeast Asian markets by 2025, targeting urban centers. This expansion will be supported by the recent funding, which is intended to bolster product development and market entry strategies.

## Funding rounds

- Series C, Apr 13, 2015, $15M — Templeton Asset Management, Welkin Capital Management, Prosperous Alliance Investments
- Series B, Sep 28, 2014, $15M — AIF Capital, New Asia Partners
- Series A, Sep 16, 2013, $3.5M — New Asia Partners

## Investors

- New Asia Partners (https://capitalatlas.ai/funds/new-asia-partners) — Series A, Series B
- AIF Capital (https://capitalatlas.ai/funds/aif-capital) — Series B
- Templeton Asset Management (https://capitalatlas.ai/funds/templeton-asset-management) — Series C
- Welkin Capital Management (https://capitalatlas.ai/funds/welkin-capital-management) — Series C
- Prosperous Alliance Investments — Series C