Vietnam-based venture capital firm FEBE Ventures has named its newest partner, while Singapore-based AI startup TAIGER has appointed David Padgett as Chief Commercial Officer (CCO) to strengthen business growth strategy.
FEBE Ventures has new partner
Vietnam-based venture capital firm FEBE Ventures has named Minh Cao as its newest partner, according to an announcement.
Minh has extensive experience in starting and scaling technology ventures from his days in North America. He previously was a key member of Avail, an innovative healthcare company that serves some of Canada’s largest enterprises and government agencies. Minh was also an active investor at Emeraude Capital.
He has experience in education, healthcare, and clean energy sectors and has participated in some of Canada’s most successful companies and investors, notably ApplyBoard, an educational technology startup with Garage Capital; Lucid, a mental health startup with Universal Music Group; and e-Zn, an energy storage startup with Energy Foundry, MaRS, and Breakthrough Energy led by Bill Gates.
FEBE Ventures is managed by Eric Merlin, Jean-Marc Merlin and Olivier Raussin. The former two are the founders of AppleTree, a business group, which started out in Vietnam in 1993 and now has operations in 21 countries, comprising more than 20 companies. FEBE launched a $25 million early-stage fund in 2019
In May, the VC firm announced four new investments following its first deal in Singapore 3D-printed invisible brace startup Zenyum late last year. FEBE Ventures has backed Vietnamese fintech startup Nano and proptech company Propzy, Singapore-headquartered logistics startup Janio, and Thai SaaS solutions provider Vara.
Singapore-based TAIGER appoints CCO
Singapore-based AI startup TAIGER has appointed David Padgett as Chief Commercial Officer (CCO) to strengthen its business growth strategy, according to an announcement.
In this position, David will manage TAIGER’s sales, marketing, technical sales and business development divisions. He will be based in Singapore and work alongside CEO and founder Sinuhé Arroyo.
David holds over 25 years of experience in sales leadership and business management, with a proven track record of establishing and managing new business ventures.
Prior to this appointment, he served as the regional vice president in APAC for Anaplan Inc, a leading B2B software company specialising in cloud-based business modelling platforms to drive enterprise performance — much akin to TAIGER’s mission.
“I am honoured to journey with TAIGER as we strive for accelerated growth in the next few years and build a strong presence all over the world. Sinuhé and his leadership team don’t just have an inspiring vision for TAIGER but also the right people to realise that vision. TAIGER’s impressive achievements since inception are testament to the strong culture and the capabilities of the team. This is a wonderful foundation on which we can build on,” said David.
TAIGER is a visionary AI company pioneering next-generation AI solutions to process highly unstructured information with ease, accuracy and versatility for businesses to optimise operational inefficiencies and drive business value. TAIGER is currently present in Singapore, Dubai, Madrid, and Mexico City with more than 50 global projects.
Since its founding in 2009, the startup has transformed knowledge-intensive operations of global businesses such as Banco Santander, Otkritie Bank, and government agencies including Singapore’s ministry of manpower and defence science and technology agency. It has streamlined its comprehensive offering of complex-process automation solutions and solidified market leadership in natural language technology.