Febe Ventures has launched its second fund for early-stage startups, aiming to raise US$75 million. Fund II, which will have an average check size of US$250,000, will support pre-seed and seed-stage companies across various industries.

Febe Ventures co-founder Olivier Raussin said the fund is focused on Southeast Asia but will be open to global opportunities.

The VC firm also announced a co-investment partnership with US-based Tekton Ventures, allowing the two to collaborate in Southeast Asia, Silicon Valley, Latin America, and Europe.