Vietnamese start-up AI Hay successfully raised an additional 10 million USD

AI Hay, an artificial intelligence (AI)-based knowledge search and research platform, has just announced the completion of a Series A funding round worth $10 million, bringing the total capital raised to more than $18 million.

The founding team of AI Hay wants to popularize AI to all Vietnamese people - Photo: THU THUY

Start-up AI Hay was founded by a team of experts who have successfully built and developed many digital platforms in Vietnam, along with experienced Vietnamese engineers who are passionate about technology.

With the power of Generative AI and social network interactivity, AI Hay helps users ask any question and receive accurate, reliable results with transparent quotes, and especially suitable for Vietnamese culture and language.

This round of funding was led by Argor Capital, with continued participation from existing investors including Square Peg, Northstar Ventures, Appworks and Phoenix Holdings.

This is an important milestone, empowering the start-up to bring Vietnamese users smart, accessible AI tools that practically serve daily life - especially in education , and are completely free.

“We are honored to have been with AI Hay since the very beginning. AI Hay started with a bold vision: to build a practical AI product that serves all the needs of Vietnamese people. That journey has proven that world-class technology can be created by the intelligence and creativity of Vietnamese people, right in Southeast Asia,” commented Piruze Sabuncu, partner at Square Peg investment fund.

With the new capital, AI Hay will continue to invest in expanding the web platform, developing new features, bringing AI deeply into the fields of education and entertainment, and building more intelligent and useful AI assistants, helping Vietnamese people easily access and apply artificial intelligence in daily life.

Over 10 million downloads of AI Hay

AI Hay is currently available through the website ai-hay.vn and the AI Hay application on iOS and Android app stores.

First appearing in June 2024, after only one year of operation, AI Hay has affirmed its position in the AI field for Vietnamese users with more than 10 million application downloads, successfully processing more than 100 million questions per month, and receiving a rating of 4.8/5.0 from more than 140,000 real users.

Back to topic

VIRTUE

Source: https://tuoitre.vn/start-up-viet-ai-hay-goi-von-thanh-cong-them-10-trieu-usd-20250703113617287.htm