FEBE Ventures, a Vietnamese venture capital institution, announced the launch of its second fund with a scale of US$75 million, which is backed by international family office Otium Capital and established a co-investment partnership with Tekton Ventures.
In addition, FEBE Ventures announced that Aditya Pendyala will join as a partner, with expertise in artificial intelligence (AI)/machine learning (ML), enterprise software as a service (SaaS), Internet of Things (IoT) and blockchain.
FEBE Ventures has previously invested in projects including Atato, a licensed digital asset custody solution provider in Singapore, and SeMorpheus, a Web3 brand retail platform. (Techcrunch)