Vietnam climate tech funding dropped 52% to $49.86M in 2025
Capital flows halved as deal counts tumbled, revealing an early-stage gap between $350,000 and $1 million.
Climate tech funding in Vietnam fell 52% in 2025 to $49.86 million across 33 transactions, down from $104.20 million across 60 transactions in 2024, according to e27 [1].
The market contraction coincided with a distinct financing gap for early-stage companies. No climate tech transactions closed within the $350,000 to $1 million range in 2025 [1]. Meanwhile, debt financing grew to $20 million in 2025, climbing from $3 million recorded the prior year [1].
Energy transition led sector allocations, capturing $26.71 million of total funding [1]. In contrast, businesses established by female entrepreneurs saw limited capital, securing approximately $850,000 in climate tech investment across the year [1].
Market participants pointed to disconnects between available capital and local execution. Thao Tran, country director of New Energy Nexus Vietnam, noted that allocators reported having capital while founders stated they required funding [1]. Lindsay Umalla, energy sector leader at SNV Vietnam, observed that "Capital has arrived faster than the people needed to deploy it" [1].
Questions and answers
How much climate tech funding did Vietnam record in 2025?
Vietnam recorded $49.86 million across 33 deals in 2025, representing a 52% decline from $104.20 million in 2024 [1].
What was the missing funding bracket for Vietnam climate tech?
No deals closed between $350,000 and $1 million during 2025 [1].
How much climate funding went to women-founded companies?
Women-founded enterprises secured approximately $850,000 in climate capital in 2025 [1].
Companies & investors in this story
Sources
- 1.Vietnam’s climate-tech has a missing middle, and women founders are falling into it — e27, Nov 3, 2026
