UpStar Labs and Swiss EP Announce Strategic Partnership


Ho Chi Minh City, March 5th, 2020 UpStar Labs and Swiss EP are pleased to announce that they have entered into a strategic partnership, combining UpStar Labs’ IT industry-leading expertise with Swiss EP’s world-class entrepreneurial ecosystem development program. 

UpStar Labs, startup incubation and investment arm of KMS Technology, was founded with the aim of building world-renowned software products using Vietnam-based engineering talents and investing in high-impact startups in the US and Vietnam.

Through this partnership, Swiss EP will help UpStar Labs improve its incubation framework and support UpStar Labs incubated product teams via Swiss EP’s global network of experienced startup mentors and entrepreneurs in residence. Swiss EP and UpStar Labs also plan to co-organize startup and product development events and workshops to benefit the startup community in Ho Chi Minh City.

About UpStar Labs

UpStar Labs is the incubation and investment arm of KMS Technology, a global technology company with over 1,200 people in 6 offices in the US and Vietnam. The company has incubated successful products since 2011, including QASymphony – one of the leading agile testing tools in the world when it was merged with Tricentis, a Europe technology unicorn; Kobiton – a mobile device cloud that recently raised $5.2M and has over 500 enterprise customers including Office Depot, Frontier Airlines, and Capgemini; and Katalon – a leading test automation platform with over 300K users. 


Address: 290/26 Nam Ky Khoi Nghia Street, Ward 8, District 3, HCMC 


About Swiss EP

The Swiss Entrepreneurship Program (Swiss EP Vietnam) with funding from the Swiss Government was launched in 2015 for the purpose of strengthening the local entrepreneurial ecosystem to drive job creation and facilitate sustainable economic growth.

Our work emphasizes the “downloading” of state-of-the-art tools, methodologies, and approaches to partners and ensures that they have the best information, lessons, and skills available to identify and implement initiatives to achieve sustainable results. With a presence in 7 countries, Swiss EP has been recognized as a leading organization in providing support for key drivers of entrepreneurship ecosystems. We believe that entrepreneurs are the foundation of growth in developing economies and that stronger economies lead to a thriving world.


Address: 21 Nguyen Trung Ngan Street, Ben Nghe Ward, District 1, HCMC

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