3D digital building startup Vizzio has appointed Singapore cybersecurity expert Eddie Chau to its board of directors.
Chau is expected to provide strategic insights and an extensive network to help Vizzio drive innovation and growth in the technology sector, per an announcement.
Vizzio said Chau’s experience with successful ventures such as e-Cop, Brandtology, and V-Key underscores his ability to identify and capitalise on emerging opportunities.
Chau is chairman of the Singapore Standard Council’s Coordinating Committee for Cyber Security, where he plays a pivotal role in shaping the city-state’s cybersecurity landscape.
His career includes founding six startups, successfully exiting two, and serving as a mentor to a number of startups in Singapore. Chau was inducted into the Hall of Fame by the Singapore Computer Society in 2022 in the IT Leader of the Year category.
Established in 2020, Vizzio produces 3D digital building models using satellite imagery and AI.
It fuses multi-resolution and multi-sensor Earth Observation data and satellite imagery with machine learning and AI to provide near-real-time actionable geospatial insights and city-scale 3D modelling.
In March, China-based venture capital investor Sinovation Ventures exited its investment in Vizzio two months after the resignation of AI scientist Lee Kai-Fu, chairman and CEO of Sinovation Ventures, from Vizzio’s board of directors.
Vizzio’s CEO Lee Seng Fook was in hot water for, among other things, faking a Ph.D. from the University of Cambridge.
Earlier reports said Lee admitted to lying about his Ph.D in computer science from the University of Cambridge. He had issued a statement explaining his actions, saying he was “extremely sorry” for misrepresenting his academic qualifications.
Vizzio posted a 449% revenue growth in 2022 to $1.22 million from just $0.2 million a year earlier. Its losses, however, soared 39.5% to $2.04 million in 2022 from $1.46 million in 2021. It closed a pre-Series A funding round at S$9 million ($6.7 million) from one of Singapore’s leading family banking offices in February 2022.
