Golden Gate Ventures Invests in Vietnam-based Lozi (Asia)

Source: Deal Street Asia  |  Author(s): Nguyen Thi Bich Ngoc

Southeast Asia-focused early-stage venture capital firm Golden Gate Ventures and Japan-based internet media firm DesignOne Japan have invested in Lozi, a Vietnam-based food ordering company. The company plans to use the new funds to grow the number of its website and mobile app users and to develop technology that will connect restaurants to users. Financial details of the transaction were not disclosed.