PANews reported on December 1 that according to Nikkei Asia, Vietnamese venture capital firm FEBE Ventures announced the launch of its second fund with a scale of 75 million USD, backed by international family office Otium Capital and established a joint investment partnership with Tekton Ventures. Additionally, 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. Currently, FEBE Ventures has made several investments in the Web3 sector and its portfolio includes: Atato, a licensed digital asset custody solutions provider headquartered in Singapore, and SeMorpheus, a retail platform branded Web3.