Thailand

True IDC invests $182M in its 7th data center in Northern Bangkok

True Internet Data Center, or True IDC, the largest data center and cloud service provider in Thailand under the Charoen Pokphand Group, has announced a continuous investment of over 6 billion baht ($182.11 million) and held a groundbreaking ceremony for its 7th data center in Northern Bangkok.

NewGen increases K25.ai ownership to 10 percent in closed pre-A round

NewGenIVF Group Limited (NewGen), a Thailand-based technology firm, has on Thursday announced that it has executed an agreement for a further $4 million strategic investment in K25.ai.

Nokia to upgrade Malaysia-Cambodia-Thailand subsea cable with 30 Tbps capacity for Symphony Communication

Finland's tech giant Nokia was selected by Thailand's telecommunications giant Symphony Communication to upgrade the Malaysia-Cambodia-Thailand subsea cable system, replacing legacy equipment with Nokia's Submarine Line Terminal Equipment.

AI Game Studio Onibi raises funding from SeaX Ventures to develop open-world RPG Tomo: Endless Blue

Onibi, an independent game studio developing AI-powered open-world multiplayer RPG Tomo: Endless Blue, has closed a strategic funding round led by Thailand-based SeaX Ventures and France-based Pix Capital.

Vietnam’s tech giant FPT, Thailand’s industrial giant SCG sign AI, digitalization partnership

Vietnam's FPT Corporation and Thailand's SCG will jointly develop artificial intelligence (AI) and digital transformation initiatives across SCG's business ecosystems, covering AI-driven operations, intelligent enterprise platforms, and ERP transformation.

KBank, Ant International team up on cross-border payments, liquidity management in Thailand

KASIKORNBANK (KBank) and Ant International have formed a strategic collaboration to jointly develop an integrated financial infrastructure for cross-border payments, liquidity management in Thailand.

China-based U Power to develop hydrogen-based energy solution for 100MW data center in Thailand

U Power Limited's controlled joint venture, Hydro Data JV, will collaborate with regional infrastructure developer CEWA Group and hydrogen systems provider Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. to develop an integrated energy solution for a 100-MWdata center project in Rayong, Thailand.

Melazyme raises $2M seed round from Thailand-based SeaX to scale precision fermentation platform

Melazyme, a precision fermentation startup focused on functional biomolecules, has raised $2 million in a seed funding round led by SeaX Ventures, with participation from Stellaris Venture Partners and Plug and Play Ventures.

Thailand’s Konvy raises $22M Series B led by Cool Japan Fund to accelerate SEA expansion

Konvy Pte. Ltd., a Thailand-based omnichannel beauty and personal care platform, has on Tuesday announced the successful close of its $22 million Series B funding round, led by Cool Japan Fund Inc. (CJF).

Huawei’s Bangkok launch ignites all-scenario intelligence, opening a new chapter of smart life

China-based tech giant Huawei held the "Now Is Your Spark" global product launch in Bangkok, Thailand on Thursday, where they officially unveiled the HUAWEI MatePad Pro Max, HUAWEI WATCH FIT 5 Series, HUAWEI WATCH GT Runner 2 Racing Legend Edition, and other innovative products.