SotaTek Announces Investment from Excelsior Capital Vietnam Partners

We are pleased to announce that Excelsior Capital Vietnam Partners, LP (“Excelsior”) has invested in SotaTek JSC (“SotaTek” or the “Company”), a rapidly growing technology company headquartered in Vietnam.

Since our founding in 2015, SotaTek has grown into a dynamic leader in the technology outsourcing sector. With over 1,000 professionals based in Hanoi and additional offices in Tokyo, Osaka, California, Texas, Sydney, and Seoul, we proudly serve global enterprise clients by delivering advanced software development solutions. Our expertise spans big data, artificial intelligence, enterprise solutions, and blockchain development, where we are recognized as one of Southeast Asia’s top providers.

We are actively expanding our global presence through strategic partnerships and joint ventures, while enhancing our capabilities in frontier technologies including data science, AI, and embedded software for the semiconductor industry. Simultaneously, we continue investing in our own proprietary products and platforms to diversify our growth avenues.

Excelsior’s investment highlights our shared vision to elevate SotaTek into a next-generation global technology powerhouse. Together, we will focus on strengthening corporate strategy, financial management, and accelerating international expansion. Excelsior will also assist us in institutionalizing corporate governance and advancing our Environmental & Social (E&S) management systems to align with global best practices.

Tommy Le, Co-Founder and Chairman of SotaTek, shared:

“This partnership with Excelsior marks a pivotal milestone in SotaTek’s growth journey. We believe the synergy between our technology vision and Excelsior’s expertise in building sustainable businesses will lay a strong foundation for transformative growth. We look forward to working closely with Excelsior to realize our long-term goal of becoming a billion-dollar technology company.”

Chinh Hoang, Managing Partner of Excelsior Vietnam, commented:

“We are excited to partner with SotaTek, a standout player in Vietnam’s technology sector with global ambitions and strong execution capabilities. This investment reflects our commitment to supporting the next generation of Vietnamese technology champions who can compete internationally and deliver high-value innovation to global clients.”

About SotaTek

Since its founding in 2015, SotaTek has successfully completed over 500 projects in more than 25 countries and has established itself as a global IT Services & Consulting Company. Headquartered in Vietnam, SotaTek specializes in delivering sustainable Software Development, including Web/App/Game Development, Blockchain, AI & Machine Learning, ERP & CRM that is cost-effective, scalable, and tailored to meet clients' unique needs.

For more information about SotaTek, please visit the Company’s website: https://sotatek.com.au/.

About Excelsior Capital Vietnam

Excelsior Capital Vietnam is a Vietnam-based private equity firm dedicated to collaborating with outstanding entrepreneurs to realize their growth and expansion aspirations. Investment professionals work closely with the entrepreneurs, contributing value across a range of areas, including, among other things, strategic and financial guidance, digital transformation, and human resource development. In addition, Excelsior Capital Vietnam is committed to supporting Vietnam's economic emergence and sustainable development. Excelsior’s strategy targets structured equity investments across diversified business sectors, with a unique focus on healthcare, consumer products and services, technology, and education.

For more information about Excelsior, please visit our website: https://excelsiorvietnam.com.