A small Thai start-up fund thinks big, wants Thailand to be hub for innovation

Thailand’s new venture capital firm, M8VC Co, plans to invest at least THB300 million into tech startups in the country. Te small Thai venture capital fund is thinking big, wants Thailand to be ASEAN hib for innovation. M8VC Co is a new venture capital fund set up in Thailand with plans to invest at least THB300M (about US$9.4 million) into innovative tech startups over the next year. The venture capital firm is founded by Ponthep Sethiwan, Shakrit Chanrunsakul, Pawoot Pongvitayapanu, Kit Arunanondchai, Sua Kanjanasakchat, Varut Bulakul, Permsiri Tiyavutiroj and Krisd Aksornwong. Permsiri Tiyavutiroj and Ponthep Sethiwan, also known as Vincent, are part of the founding team behind Thailand’s latest co-working space, LAUNCHPAD. Pawoot Pongvitayapanu, one of the speakers at Echelon Ignite Thailand, is a mentor at LAUNCHPAD. Vincent said that M8VC aims to be “an engine to promote Thailand as an innovation hub in Southeast Asia”. According to Vincent, M8VC has two types of investment policies – incubator and venture capital (Read More)

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