Japan's Kawaijuku group invests in Vietnam's Do Ventures Fund II

The Kawaijuku Group, a Japanese private education provider, announced on September 28, 2026, that its holding company KJ Holdings had invested in Do Ventures Fund II, a venture capital fund managed by Vietnam's Do Ventures. The release said the investment was carried out in September 2026 and did not state the amount.

According to the announcement, the group intends to use the fund relationship to explore business partnerships and investment opportunities with local companies, particularly in education and talent development, and to develop new education businesses in Vietnam. It also plans to build a network of companies in those sectors with a view to future partnerships and direct investments. KJ Holdings, established in 2010 and based in Tokyo, is responsible for group strategy and for creating new businesses that draw on the group's education expertise.

Do Ventures was founded in 2020 and is based in Ho Chi Minh City. It invests mainly from seed to Series A stage in areas that include consumer and manufacturing technology, artificial intelligence, education and upskilling, healthcare, financial services and climate technology. TechNode Global reported that the firm's first fund targeted $50 million, with backers including NAVER, Sea and Vertex Holdings.