In our new article series, we introduce the most exciting venture capital firms that are open for LP investments to our family office network. The article belongs to our exclusive single-family office guidebook, where we give guidance on the most relevant topics for newly established and already existing family investment vehicles.
In this article, we talked to FEBE Ventures, the “For Entrepreneurs By Entrepreneurs” Southeast Asia-based VC fund. Their proprietary deal flow and region-centric approach makes them one of the most relevant early-stage Singapore and Vietnam funds, and enable them to not only generate outstanding returns but a positive impact on Southeast Asia society.
Familyofficehub.io (FO): Briefly describe your focus: in which kind of startups are you investing, where is your geographical focus, what’s your average ticket size?
FEBE Ventures: We are an early-stage fund with an emphasis on the Vietnam and Indonesia technology ecosystems and a focus on technology-enabled education, healthcare, logistics, and fintech companies. Our regional approach allows us not only to have proprietary access to the deal flow of exceptional companies, in which our strategy is to help them succeed locally first and then scale regionally, but it also establishes us as a preferred strategic investor for top regional companies wanting to scale to Vietnam & Indonesia. We are focused in companies that are in their range of Seed to pre-Series A.
After signing the first check of about USD 250k to 500k, we will then offer our resources to help founders achieve their ambitious plans, to later on investing larger amounts for follow-on investments.
FO: What are exciting companies in your portfolio – and why?
FEBE Ventures: We would like to highlight 2 of our portfolio companies: Nano and Zenyum. In addition to stellar growth and traction, these two businesses are also exemplary of our investment & operational thesis.
Nano is an Early Wage Access business in Vietnam. We supported their MVP, which was also deployed in our network of companies for early adoption and customer feedback. We also helped them to syndicate a seed round.
Zenyum is a dental startup based out of Singapore. We were able to participate in their very competitive round alongside Sequoia. We helped them scale-out of Singapore into Vietnam. Since our investment, they have expanded to multiple Southeast Asian countries and have tripled their monthly revenue.
FO: Why should a family office invest in FEBE as LP?
FEBE Ventures: We are not only investors with deep experience in building our own conglomerates from scratch, but we have invested and supported many projects from the idea stage into huge commercialized businesses as well. Our strategy and results on identifying opportunities, generating added value, and risk management speaks for itself. More importantly, the very purpose we’re doing this is to create a network of seasonal investors that are passionate about moving beyond their traditional ways of generating returns for themselves to still engage in the formation of the most innovative and impactful companies in the region.
FEBE is composed of many affluent family offices, conglomerates, and individuals from around the world. We count over our LPs high-tech experienced executives like chiefs of Google, LinkedIn, and Netflix for Asia-Pacific. Of the 7 investments, 3 are co-investments with Sequoia Capital, 2 with FJ Labs, and 1 with SoftBank.
FO: Are you also open to investments from European family offices?
FEBE Ventures: Yes, we share co-investment opportunities with FEBE LPs
FO: Thanks for your time!
Website: FEBE Ventures