Tevo Raises $10M in Debt Funding Led by PvX Partners

Tevo Secures $10M Debt Round

Hanoi-based consumer and AI mobile apps company Tevo has raised $10 million in debt funding, according to a filing dated September 8, 2026. PvX Partners led the round as the sole listed investor.

What Tevo Does

Tevo operates as a consumer and AI mobile apps company headquartered in Hanoi, Vietnam, with a corporate arm in Hong Kong under the name Tevo Global Limited. The company's portfolio spans roughly 45 to 60 consumer and AI apps across work utilities, education, and entertainment.

Cumulative installs across the portfolio are reported between about 100 million and nearly 200 million worldwide.

Leadership and Partnerships

The company is led by founder and CEO Thanh Luu. Tevo co-publishes apps internationally with partners such as MobiFone Global, including the Dramini short-drama app.

Strategic Ambition

Tevo has stated a 2030 ambition of becoming a leading AI apps and services company from Southeast Asia. The company's dual presence in Vietnam and Hong Kong positions it to serve both regional and international app markets.

Deal Summary

• Company: Tevo
• Round type: Debt
• Amount: $10,000,000 USD
• Funding date: September 8, 2026
• Lead investor: PvX Partners
• Investors: PvX Partners

Context for the Round

The debt structure is notable for a consumer and AI apps business of Tevo's scale. With a portfolio of dozens of apps and installs in the hundreds of millions, the company has built distribution across multiple consumer categories, from work utilities to education and entertainment.

Tevo's co-publishing model with partners such as MobiFone Global gives it a route to international markets beyond its Vietnamese home base. The Dramini short-drama app is one example of that approach in the entertainment vertical.

The company's stated 2030 goal frames the raise as part of a longer-term effort to expand its AI apps and services footprint across Southeast Asia and beyond.