HANOI, Vietnam, May 19, 2025 (GLOBE NEWSWIRE) — Hyra Holdings, a global technology investment group, today announced the formal approval of the Hyra Combinator Fund, a $500 million venture initiative aimed at accelerating innovation in AI, fintech, and post-quantum security. The decision was made at the company’s 2025 Annual General Meeting (AGM), where shareholders also reaffirmed the group’s IPO roadmap targeting 2030.
These initiatives mark strategic milestones for Hyra Holdings as it expands its role as a catalyst for frontier innovation in emerging markets.
The 2025 Annual General Meeting marks a strategic turning point in Hyra Holdings’ global expansion journey
Hyra Combinator Fund: Fueling Deeptech in Emerging Markets
The Hyra Combinator Fund will operate under a blended capital model, pooling resources from Hyra Holdings, global VC firms, and public–private co-investment platforms. By 2030, the fund aims to back over 150 high-potential startups working in:
- Decentralized AI infrastructure
- Next-generation fintech and digital banking
- Post-quantum cryptography and cybersecurity
“We’re not just allocating capital—we’re building deep, long-term innovation infrastructure in regions where it’s most needed,” said Chung Tran, Founder & Chairman of Hyra Holdings.
Shark Pham Thanh Hung Joins as Independent Board Member
At the AGM, Hyra Holdings also welcomed Mr. Pham Thanh Hung (Shark Hung) as an Independent Board Member, reinforcing the company’s commitment to good corporate governance and strategic capital alignment.
“My role is to provide independent oversight, promote transparency, and help connect Hyra with domestic and international investment partners. Hyra’s vision in decentralized AI and post-quantum security is both timely and globally relevant,” said Mr. Pham Thanh Hung.
IPO Roadmap and Hybrid Holding Model
Although still a private company, Hyra Holdings has adopted an IPO-ready structure aligned with international standards. The group operates under a Hybrid Holding Model—centralized strategic direction at the parent level with decentralized execution through its product companies.
The IPO roadmap includes potential listings in Singapore, Dubai, and the United States, with targets for 2030 including:
- Launch of 9 flagship technology products
- Expansion into 30+ international markets
- Development of a decentralized compute infrastructure exceeding 1 billion TFLOPS
About Hyra Holdings
Hyra Holdings is a global innovation group founded in 2021 and headquartered in Vietnam, with operations across Southeast Asia, the Middle East, and the United States. The company invests in and builds foundational technologies in decentralized AI, Layer-3 blockchain, fintech, and post-quantum security, combining venture capital strategy with product ecosystem development to enable inclusive and sustainable innovation at scale.
Media Contact
Website: https://hyraholdings.com
Email: press@hyraholdings.com
LinkedIn: https://linkedin.com/company/hyraholdings
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/d4b2fc09-0e34-4ee7-9c64-bc15fab22f11
https://www.globenewswire.com/NewsRoom/AttachmentNg/bb9df965-4a79-4a07-a322-821f0112fd53
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