Thailand

AWS to launch infrastructure region in Thailand with $5B investment in the next 15 year

Amazon Web Services (AWS), an Amazon.com, Inc. company, announced on Monday it plans to open an infrastructure region in Thailand. As part of its commitment to the region, AWS plans an estimated investment of more than $5 billion in Thailand over 15 years.

NIA accelerates the DeepTech and AgTech startups for agricultural transformation to the global level

Thailand National Innovation Agency (Public Organization), or NIA, is accelerating and strengthening Thailand's agricultural sector by driving agricultural technology (AgTech) startups that use deep technology (DeepTech) to boost production potential and create sustainability in the agricultural sector.

Thailand’s Konvy raises $10M from Insignia Ventures

Thailand-based beauty e-commerce platform Konvy said Tuesday it has raised $10 million from Insignia Ventures Partners in a Series A round. Previously, Konvy had raised seed funding from Alpha Founders Capital and ECG Ventures Capital.

500 Global-backed StoreHub to focus on existing markets as it aims to reach profitability within two years

In the interview, Fong also shared some of his opinions on issues related to the digitization within the F&B industry post-pandemic.

Thai media giant T&B Media Global enters metaverse with $300M hybrid equity-NFT raise led by Sygnum

Sygnum, a digital asset technology group with a Swiss banking licence and a Singapore capital markets services (CMS) licence, announces it is partnering Thai media and entertainment group T&B Media Global to raise over $300 million to fund its new interconnected metaverse platform.

Thai EdTech firm Globish succeeds in closing $2.36M fundraising deal & progressing to Series A+

The more than 90-million-baht ($2.36 million) investment will accelerate Globish for international markets and expansion to ASEAN following the company’s business in Vietnam. There are huge potentials for Thailand to achieve regional leadership in EdTech. In the contemporary labor market, language is a crucial skill and always the first to be upskilled and…

Thailand’s LINE MAN Wongnai raises $265M Series B funding led by GIC and Line

LINE MAN Wongnai, a Thailand-based food delivery startup, announced Monday that it has raised $265 million in a Series-B investment round led by GIC, Singapore’s sovereign wealth fund, and LINE Corporation. This fundraising round was also joined by BRV Capital Management, PTT Oil and Retail Business Public Company Limited (OR), Bualuang Ventures and Taiwan…

Alibaba Cloud to invest $1B as it unveils strategic roadmap for international business

Alibaba Cloud commits to $1 billion investment to boost ecosystem capabilities while showcasing new products and comprehensive customer support for complete services.

US’s Orbital Insight expands to Southeast Asia with Thailand as its first target

Orbital Insight, a geospatial analytics and location intelligence solutions provider based in Palo Alto, California, announced Thursday its expansion into Southeast Asia. The firm has recently announced its first partnership in the region with Thaicom, ​​Thailand’s leading satellite operator and provider of integrated satellite communications.

Thai Forward raises $5M seed round led by Primestreet Capital global VC fund

Forward, a Thai digital asset and blockchain startup focusing on protocol development for decentralized derivative exchange and DeFi platform, said Monday it has successfully closed its $5 million seed round within just six months of fundraising.