Post by account_disabled on Dec 20, 2023 9:31:05 GMT
SeaX Ventures (CX), a Thai startup fund. that focuses on investing in startups around the world that have Deep Technology or advanced technology Announcement of fundraising success The second fund is over 2,000 million baht or approximately 60 million USD. To help accelerate the growth of global startups through growth in Southeast Asia (SEA), the fund focuses on investments in high-tech industries such as Blockchain & Web3, Foodtech, Biotech & Life Science, Artificial Intelligence, Robotics and IoT & Hardware, although the fund's funding target is approximately $50 million. But with a very good response. Fundraising exceeded the target. Soaring to over $60 million The investment method of the SeaX fund is to invest in Pre-Seed, Seed, and Series A rounds with investments ranging from USD 500,000 to USD 5 million. “Southeast Asia has a population of approximately 650 million and a total GDP of approximately
100 billion baht. We are able to help Job Function Email Database many innovative and high-tech startups around the world grow exponentially in Southeast Asia through our partnerships. We have business partnerships with more than 400 organizations across the region,” said Dr. Supachai Pachariyanon, Founder and Managing Partner of SeaX Ventures. SeaX_Focus-1-1024x576-1.png SeaX's strength lies in working closely with investors who They are all large organizations. National business owner and partners like RISE, an innovation accelerator that works with many multinational companies in Southeast Asia. which was founded by Dr. Supachai as well. RISE supports various organizations. that are shifting towards the digital world, and SeaX will help add value to startups by providing funding to help them grow quickly. This goal will allow both startups and organizations to benefit and do business together. This will lead to the initiation of various innovations.
Launch new businesses faster Reduce operating costs and increase profits exponentially Companies that co-invest with SeaX, the second fund, such as PTT OR International Holdings (Singapore), Central Pattana Public Company Limited, Singha Ventures Fund, Ramkhamhaeng Hospital Public Company Limited, McG Group Public Company Limited. , Watcharapol Company Limited (Thairath), T.K.S. Technology Public Company Limited, Modernform Group Public Company Limited, BCH Ventures Company Limited in the Benchachinda Group of Companies, etc. Ms. Jiraporn Khaosawat, Chief Executive Officer and President of PTT Oil and Retail Business Public Company Limited or OR, said, “OR places importance on innovation and is committed to finding new ways. To always serve our customers Investing in the SeaX fund opened our eyes and connected us with few startups in the world. with the most innovative innovations.
100 billion baht. We are able to help Job Function Email Database many innovative and high-tech startups around the world grow exponentially in Southeast Asia through our partnerships. We have business partnerships with more than 400 organizations across the region,” said Dr. Supachai Pachariyanon, Founder and Managing Partner of SeaX Ventures. SeaX_Focus-1-1024x576-1.png SeaX's strength lies in working closely with investors who They are all large organizations. National business owner and partners like RISE, an innovation accelerator that works with many multinational companies in Southeast Asia. which was founded by Dr. Supachai as well. RISE supports various organizations. that are shifting towards the digital world, and SeaX will help add value to startups by providing funding to help them grow quickly. This goal will allow both startups and organizations to benefit and do business together. This will lead to the initiation of various innovations.
Launch new businesses faster Reduce operating costs and increase profits exponentially Companies that co-invest with SeaX, the second fund, such as PTT OR International Holdings (Singapore), Central Pattana Public Company Limited, Singha Ventures Fund, Ramkhamhaeng Hospital Public Company Limited, McG Group Public Company Limited. , Watcharapol Company Limited (Thairath), T.K.S. Technology Public Company Limited, Modernform Group Public Company Limited, BCH Ventures Company Limited in the Benchachinda Group of Companies, etc. Ms. Jiraporn Khaosawat, Chief Executive Officer and President of PTT Oil and Retail Business Public Company Limited or OR, said, “OR places importance on innovation and is committed to finding new ways. To always serve our customers Investing in the SeaX fund opened our eyes and connected us with few startups in the world. with the most innovative innovations.