Asia

Kaweewut Temphuwapat held various innovation roles at PTT, Thailand's state-owned oil and gas company, before he moved to Siam Commercial Bank (SCB).

Despite raising less money than its previous fund, DG Daiwa Ventures plans to back plenty of AI, blockchain and security startups.

CryptoGames’ new investment unit will look at the web3 gaming ecosystem and the trading cards sector.

The company will deploy an undisclosed amount over the next five years into real estate developments.

The CVC team plans to raise hundreds of billions more won to invest beyond its core tyres and car parts businesses.

Tai Panich has departed from the $700m CVC fund she formed in 2020 and has recruited corporate LPs for AI-focused firm AIconic Ventures.

After a promising start the Thai startup ecosystem has slowed. Some say too much corporate money may have been part of the problem.

Husk Power Systems has just raised $100m from investors including Shell to build 1,500 solar mini-grids in India and Nigeria in the next four to five years.

Turkey has the ingredients to be a top tech market, but it needs investors to take more risk if its startups are to get past early stage.

The corporates both committed further nine-figure sums to back startups in the rapidly growing Indian venture market.