- True Global Ventures appoints Beatrice Lion as new CEO.
- Lion played crucial role in raising US$259 million for TGV’s funds.
- TGV shifts focus back to AI after nearly a decade in crypto.
The new CEO ready to roar
True Global Ventures (TGV), a Singapore-based VC firm, has announced a series of leadership changes. Beatrice Lion, who has been with the company since 2017, has been promoted to CEO.
Additionally, Frank Desvignes and Kelly Choo have been appointed as the firm’s executive directors.
During her tenure at TGV, Lion played a crucial role in raising US$113 million for TGV’s 4 Plus Base Fund in 2021 and US$146 million for the Opportunity Fund in 2022.
Her diverse responsibilities at TGV include formulating exit strategies, fundraising, sourcing deals, and enhancing value.
TGV’s investment focus and strategy
Founded in 2010, TGV focuses on investing in companies at various stages, including seed, early, growth, and later stages. In 2018, the company secured a venture capital fund manager license in Singapore to bolster its operations.
After investing in crypto for nearly a decade, TGV shifted its focus back to AI last year, following the increased interest in the space due to advancements from companies like OpenAI.
To read the original article: https://www.techinasia.com/tgv-reshuffles-leadership-lion-named-ceo
