河合塾グループ、ベトナムのベンチャーキャピタルファンド 「Do Ventures Fund II」へ投資を実行 ～ベトナムにおける教育事業展開に向けた投資活動を加速～

河合塾グループの持株会社である株式会社KJホールディングス（本社：東京都新宿区、代表取締役社長：河合英樹）は、2026年9月にベトナムを中心とした東南アジアのスタートアップ企業へ投資を行うDo Venturesが運営する「Do Ventures Fund II, LP」（以下「本ファンド」）へ投資を実行しましたので、お知らせいたします。

本投資を通じてDo Venturesのベトナムにおける知見・ネットワークを活用し、ベトナムの教育・人材育成領域を中心とした現地企業との事業提携や投資機会の探索を進め、ベトナムにおいて新たな教育事業の展開と教育価値の創出をめざしてまいります。

■Do Venturesについて

Do Venturesは、ベトナムを拠点に、ベトナムおよび東南アジアのスタートアップ企業へ投資するベンチャーキャピタルです。シードからシリーズAを中心とするアーリーステージの企業を主な投資対象とし、Consumer TechnologyやManufacturing Technologyをはじめ、AI、教育・人材育成、ヘルスケア、金融サービス、気候変動関連など幅広い領域に投資しています。投資に加え、事業戦略、プロダクト、人材、成長支援などを通じて、投資先企業の事業拡大を支援しています。

■今後の取り組み

河合塾グループでは、新たな教育価値の創出と事業領域の拡大に向けて、これまで培ってきた教育に関する知見やアセットを活用しながら、海外における新たな事業・投資機会の探索を進めています。中でもベトナムは、高い経済成長と中高所得層の増加を背景として、教育需要のさらなる拡大が期待される市場であり、当グループにとって重要な海外市場の一つと位置付けています。 本ファンドへの投資を通じて、ベトナムの教育市場・スタートアップ市場へアクセスするとともに、教育、人材育成領域における有望企業とのネットワークを構築し、将来的な事業提携や投資につなげてまいります。

Do Ventures

株式会社KJホールディングスについて

Kawaijuku Group Invests in Do Ventures Fund II, Managed by a Vietnam-Based Venture Capital Firm

Accelerating the Development of Educational Businesses in Vietnam

KJ Holdings Inc., the holding company of the Kawaijuku Group (Head Office: Shinjuku-ku, Tokyo; President: Hideki Kawai), announces that it has invested in Do Ventures Fund II, LP (the “Fund”) in September 2026. The Fund is managed by Do Ventures, a venture capital firm that invests primarily in startups across Vietnam and Southeast Asia. Through this investment, the Kawaijuku Group will collaborate with Do Ventures to explore business partnerships and investment opportunities with local companies, particularly in the education and talent development sectors, with the aim of developing new education businesses and delivering new forms of educational value in Vietnam.

■About Do Ventures

Do Ventures is a Vietnam-based venture capital firm investing in startups across Vietnam and Southeast Asia. It primarily invests in seed to Series A-stage companies across a broad range of sectors, including Consumer Technology, Manufacturing Technology, AI, education and upskilling, healthcare, financial services, and Climate Tech.

In addition to providing capital, Do Ventures supports the growth of its portfolio companies through assistance in areas such as business strategy, product development, talent development, and business expansion.

◼ Future Initiatives

To deliver new forms of educational value and expand into new business areas, the Kawaijuku Group is exploring new business and investment opportunities overseas by leveraging the educational expertise and assets it has accumulated over the years. Vietnam, in particular, is positioned as one of the Group’s key overseas markets, where further growth in demand for education is expected, supported by strong economic growth and an expanding middle class.

Through its investment in the Fund, the Kawaijuku Group will gain greater access to Vietnam’s education and startup ecosystems, while building a network of promising companies in the education and talent development sectors. The Group aims to leverage these relationships to pursue future business partnerships and direct investment opportunities.

Do Ventures

Head Office:
23.01, 9-11 Ton Duc Thang Street, District 1, Ho Chi Minh City, Vietnam

Established:
2020

Representative:
Vy Le, Founding Partner

Business Activities:
Venture capital investment in startups across Vietnam and Southeast Asia

Primary Investment Focus:
　• Stage: Early-stage (primarily Seed to Series A)
　• Sectors: Consumer Technology and Manufacturing Technology
　• Key Themes: AI, education and upskilling, healthcare, financial services, Climate Tech, and other related areas Website: https://doventures.vc/

Website: https://doventures.vc/

About KJ Holdings Inc.

Head Office:
Yotsuya Global Study Square, 1-6-2 Yotsuya, Shinjuku-ku, Tokyo 160-0004, Japan

Established:
February 1, 2010

Representative:
Hideki Kawai, President

Business Activities:
Responsible for formulating and overseeing the Kawaijuku Group's corporate strategy, creating new businesses that leverage the Group's educational expertise and assets, and promoting strategic and capital partnerships with external organizations.

◼ Contact

KJ Holdings Inc. Tomohiko Inoue, Executive Officer and Head of the Group Investment Strategy Department Suketoshi Itoh, Manager, Group Investment Strategy Department
Tel: +81-3-6811-5502
Email: kjh-group-investment@kawaijuku.jp