Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Thailand tech startup ecosystem report q2 2018 by techsauce

9,303 views

Published on

Full report of Thai tech startup ecosystem from 2012 - Q2 2018 by techsauce

Published in: Business

Thailand tech startup ecosystem report q2 2018 by techsauce

  1. 1. Q2 2018 INVESTOR GUIDE THAILAND TECH STARTUP ECOSYSTEM REPORT
  2. 2. ABOUT TECHSAUCE Techsauce is leading technology and innovation media. We are the source for reliable, insightful news, analysis and opinion pieces on startups and corporate innovation in Thailand and SEA. In addition, Techsauce is the creator of Techsauce Global Summit First-ever Global Technology conference in Southeast Asia HTTP://TECHSAUCE.CO techsauce.co TechsauceTH contact@techsauce.co HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD
  3. 3. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD CONTENTS IN THE REPORT • Executive Summary • Introduction to Thailand’s Market • Thailand Startup Ecosystem • Startup Fundraising Records • Startup Mergers and Acquisitions • Venture Capital and Investors • Startup Programs and Events • References
  4. 4. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD METHODOLOGY Since 2012, our team has been collecting information about the events and facts that happened inside Thailand's startup ecosystem. The information is gathered from various reliable sources such as press conferences, news updates, interviews, and so on. We do not include speculations or rumors as our references. In each quarter, our team selects the information that we believe would be beneficial to our readers and publish them in this report. We report the things as they were with no intention to promote or demote any organizations, startups or peoples that are presented in this report. Please be noted that since there were so many things that occurred inside Thailand’s startup ecosystem, it is possible that our team could not gather all information completely or with perfect accuracy. We apologize beforehand for such situation and please feel free to contact us in case that the readers have updated information.
  5. 5. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTDHTTP://TECHSAUCE.CO INTRODUCTION TO THAILAND’S MARKET Source: http://my-thai.org/digital-southeast-asia-thailand-2017-overview/
 By 2018, Thailand will rank as the third-largest 4G market in Southeast Asia and Oceania, accounting for 40% of total mobile subscribes “ “ 68.22 M Population Not fragmented 46.00 M Internet User (67% penetration) 90.94 M Mobile Subscription (133% vs. Population) 42.00 M Active Mobile Social Users (67% penetration) 90% Use Smart Phone to go online 30% Mobile users 4G Subscription
  6. 6. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD THAI TECH STARTUP ECOSYSTEM Sample Notable Startups
  7. 7. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD THAI TECH STARTUP ECOSYSTEM CVCs and VCs
  8. 8. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD THAI TECH STARTUP ECOSYSTEM EducationAngel Groups / ClubsCo-working space Incubators /Accelerators Tech MediaVenture builders Tech Companies (IPO or M&A)Government Association Event
  9. 9. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD FUNDED STARTUPS 90+ Funded startups # of VCs & Corporations that invested in Thailand # of Active angel investors in Thailand Accelerators THAILAND’S STARTUP GROWTH 2012-2017 2012 2015 2016 2017 HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD
  10. 10. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD THAI STARTUP ECOSYSTEM TODAY FROM 2012 FROM 2015 FROM 2017 Funded startups 3 60+ 90+ Total funds raised by Thai startups $2.1M $87.848 M+ $271.418 M+ Biggest investment round by a Thai startup $2M $10.7 $65M Total funds raised by VCs $7M+ $95 M+ $305 M+ Vcs & Corporations that invested in Thailand 1 56+ 96+ Active angel investors in Thailand 2 30+ 44+ Accelerators 1 5 8
  11. 11. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD Fundraising Records
  12. 12. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD NOTE : the number does not include the undisclosed amount of funding ESTIMATED TOTAL FUNDING AMOUNT RAISED IN 2011 - 2017 *exclude ICO 25 M First ICO-based in Thailand 65 M SERIES B
  13. 13. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD  STARTUPS THAT HAVE RAISED BIGGEST FUNDING: 2017 25 M First ICO-based in Thailand 65 M SERIES B
  14. 14. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD FUNDING RAISED IN 2011,2012 AT LEAST $3.104 M Payment Digital Content Crowdfunding 2 M1 M 104 K
  15. 15. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD FUNDING RAISED IN 2013 AT LEAST $9.733 M 3.1 M628 K 400 K CrowdfundingE-COMMERCE E-logistics 600 K Under 1 M 160 K 335 K CrowdfundingE-logistics 1 M Social Media Analytics
  16. 16. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD FUNDING RAISED IN 2013 AT LEAST $9.733 M 100 K Insurance Recruitment Undisclosed 400 K Construction $350 K B2B Platform (Mar: $150k, Nov $200k) 500 K Food and Restaurant 1.16 M Hotel
  17. 17. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD FUNDING RAISED IN 2014 AT LEAST $42.716 M Undisclosed 500 K GamingFood and Restaurant 300 K 112 K 620 K EdTechHardware 300 K Payment Undisclosed 2 M (via Indiegogo)
  18. 18. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD FUNDING RAISED IN 2014 AT LEAST $42.716 M 7 M Undisclosed InsuranceDigital Content 70 K FinTech 20 K10 M Travel 1 M B2B Platform 770 K 500 K Hotel 4.5 M
  19. 19. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD FUNDING RAISED IN 2014 AT LEAST $42.716 M E-commerce / Marketplace 10.7 M Payment 20 K 1.6 M 1.5 M 640 K 529 K 25 K (Jun: 220K, Jul: 100K, Aug: 320K) 15 K (Mar: $109K + Dec: $420k) Undisclosed Messaging
  20. 20. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD FUNDING RAISED IN 2015 AT LEAST $31.295 M E-commerce / Marketplace 2.6 M Payment 7 M 670 K Undisclosed 300 K +Undisclosed 5.7 M B2B Platform 1.8 M Undisclosed Undisclosed Undisclosed
  21. 21. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD FinTech Undisclosed 5 M Game 750 K 2 M Insurance 125 K Recruitment Travel Food and Restaurant UndisclosedUndisclosed Undisclosed Undisclosed FUNDING RAISED IN 2015 AT LEAST $31.295 M
  22. 22. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD Hardware Loyalty Undisclosed 350 K Real Estate 5 M E-logistics EdTech UndisclosedUndisclosed Undisclosed Undisclosed Undisclosed FUNDING RAISED IN 2015 AT LEAST $31.295 M
  23. 23. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD FUNDING RAISED IN 2016 AT LEAST $78.02 M 15 M E-commerce / Marketplace 11 M Undisclosed Undisclosed Undisclosed Undisclosed HQ is in IND Series-B Undisclosed 500 K 300 K
  24. 24. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD FinTechFood and Restaurant Undisclosed Undisclosed UndisclosedSeries-BSeries-B FUNDING RAISED IN 2016 AT LEAST $78.02 M
  25. 25. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD Payment 17.5 M 500 K Recruitment 420 K Construction Undisclosed Ticket system 500 KPre-Series A Undisclosed (VN) Undisclosed Undisclosed FUNDING RAISED IN 2016 AT LEAST $78.02 M
  26. 26. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD Logistic 10 M Digital Content 19 M MedTech 2.5 M (Social nation) MarTech Undisclosed Reward 300 K HealthTech Undisclosed EdTech 500 K Undisclosed FUNDING RAISED IN 2016 AT LEAST $78.02 M
  27. 27. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD FUNDING RAISED IN 2017 AT LEAST $105.55 M (*excl ICO) Payment Series ASeries A25 M in ICO FinTech 1.15 M1.5 M3.2 M & series B
  28. 28. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD FUNDING RAISED IN 2017 AT LEAST $105.55 M (*excl ICO) Hotel / Travel 2.9 M 19 M E-commerce / Marketplace Seed 65 M Logistic 1.65 M Undisclosed Seed Undisclosed Seed Undisclosed Seed Undisclosed Undisclosed Seed Undisclosed Reward Seed Undisclosed
  29. 29. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD FUNDING RAISED IN 2017 AT LEAST $105.55 M (*excl ICO) Food & Restaurant Undisclosed Seed Undisclosed AgTech Retail 150 K CrowdFundingHealthTech Seed Undisclosed Seed Seed Undisclosed Undisclosed Seed Undisclosed Seed
  30. 30. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD FUNDING RAISED IN 2017 AT LEAST $105.55 M (*excl ICO) MarTech Car SharingTicketEdTech Series A 7.4 M Undisclosed PropTech Undisclosed Seed Undisclosed Recruitment 3.6 M Seed UndisclosedUndisclosed Series A 300 K
  31. 31. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD FUNDING RAISED IN Q2 2018 AT LEAST $15.35 M (*excl ICO) MarTech FinTech Seed Reward 300 K 300 K Seed AgTech 1.85 M Seed 3M Undisclosed Food and Restaurant 9.5 M Pre-Series C Undisclosed Seed Series A PropTech Seed 400 K
  32. 32. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD FUNDING RAISED IN Q2 2018 AT LEAST $15.35 M (*excl ICO) UndisclosedICO Recruitment Undisclosed Digital Content Undisclosed Construction E-commerce / Marketplace Undisclosed Seed Travel Undisclosed Seed Pre-Series C Pre-Series B
  33. 33. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD FUNDING ROUNDS PER YEAR AND TOP 5 CATEGORIES 0 8 15 23 30 2011 2012 2013 2014 2015 2016 2017 Ecommerce, Marketplace FinTech E-logistics Payment Food & Restaurant Ecommerce : 27 FinTech :12 Logistics :11 Payment : 11 Food & Restaurant : 9
  34. 34. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD FUNDING ROUNDS PER YEARBY CATEGORY (1) 2011 2012 2013 2014 2015 2016 2017 2018 Total # Deals Total # Co. Companies Ecommerce/ Marketplace 1 3 6 4 8 5 1 28 20 Shopspot, WhatsNew Asia, Priceza, Page365, Pomelo, StylHunt, Yogatrail, Blisby, Golfdigg, Buzzcommerce, Sellsuki, Wishbeer, Orami, Fastwork, Fixzy, WearYouWant, Seekster, Eventbanana, Gowabi, CloudCommerce FinTech 2 4 2 4 12 6 Piggipo, StockRadars, Peak,
 Flowaccount, Finnomena, MoneyTable logistics 1 2 4 2 2 11 6 aCommerce, Rushbike, Deliveree, Skootar ,GizTix, Sendit Payment 1 2 2 2 4 11 4 2C2P, Omise, Deep Pocket, Digio Food & Restaurant 1 1 1 3 3 1 10 6 Wongnai, eatigo, ginja, Freshket,Cookly, IndieDish
  35. 35. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD FUNDING ROUNDS PER YEARBY CATEGORY (2) 2011 2012 2013 2014 2015 2016 2017 2018 Total # Deals Total # Co. Companies MarTech 1 1 3 2 2 9 7 Computerlogy*, OBVOC* ,Zanroo
 Social Nation, DGM39*,YDM Thailand, Tellscore B2B platform 1 2 2 1 6 2 Playbasis, Eko Recruitment 1 1 2 2 1 7 3 JobTalents, Getlinks,WorkVenture Gaming 2 3 5 5 Ini3, Magic Box Asia, Infinity Levels, Playlab, Sinoze Digital Content 1 3 1 1 6 3 Ookbee, MEB* , Event Carnival Hotel 2 2 1 5 3 Appy Hotel, Hotel Quickly, FavStay Travel 1 1 2 1 5 5 JetRadar, TakeMeTour,TourKrub,PenguinT,Bellugg Construction 1 3 4 3 Builk, One stock home,Wazzadu Edtech 1 1 1 1 4 3 Taamkru, SkillLane, Jabjai PropTech 1 1 2 1 5 5 Hip Flat, HUBBA, Baania, FindYourSpace(PropertyFlow), Zmyhome Insurance 1 1 1 3 2 ASK Hanuman, Claim Di * Acquisition
  36. 36. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD FUNDING ROUNDS PER YEARBY CATEGORY (3) 2011 2012 2013 2014 2015 2016 2017 2018 Total # Deals Total # Co. Companies Ticketing system 2 1 3 2 Eventpop, Ticketbox Medtech 1 1 2 2 Meditech Solutions, Medical Departures CrowdFunding 1 1 2 2 Anipipo, Asiola HelthTech 1 1 2 2 Planforfit, Healthathome Reward 1 1 2 4 3 DealCha, Chococard,Chomchob Messaging 1 1 1 Hola Dating 1 1 2 1 Noonswoon* Hardware 1 1 1 Washbox24 Car Sharing 1 1 1 Drivemate AgriTech 1 1 1 Ricult Digital Authentication 1 1 1 Stamp * Acquisition
  37. 37. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD THAILAND FUNDED STARTUP LIST : EXITS   2011 2012 2013 2014 2015 2016 2017 2018 Total raised Valuation Founded Investors Ask Hanuman undisclosed   undisclosed - undisclosed 2013 Alpha Founders (S), 
 Acquired by Rabbit Internet Computerlogy     $1 M   undisclosed     $1 M undisclosed 2009 InVent Capital (A), 
 Acquired by Yello Digital Marketing Meb $1.59 M - $1.59 M 2013 Acquired by Officemate Moxy         undisclosed     - undisclosed 2013 Acquired by Whats New Group , then M&A with Bilna (rebranded to be Orami) Noonswoon $400 K undisclosed - undisclosed 2013 Andrew Vranjes (S), Chintaka Ranatunga (S), Golden Gate Ventures (S)
 Acquired by DateTix One2car       $14.4 M     - undisclosed 2002 Acquired by iCar Asia Paysbuy undisclosed - undisclosed Acquired by Omise Storylog undisclosed - undisclosed 2014 Acquired by Ookbee OBVOC undisclosed - undisclosed Acquired by Thoth Zocial
 Rebrand to be wisesight DGM39 undisclosed - undisclosed Acquired by LINE tarad.com undiscl osed - undisclosed Acquired by TSpace Digital Seed Series A Series B Series C Exit
  38. 38. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD THAILAND FUNDED STARTUP LIST : SERIES C&B Seed Series A Series B Series C Exit   2011 2012 2013 2014 2015 2016 2017 2018 Total raised Valuation Founded Investors aCommerce   $3.1 M $10.7 M $5 M $10 M $65 M $93.8 M undisclosed 2013 Ardent Capital (S&A & A2), Asia PacificCapital(A), CyberAgent Ventures (S & A), Sinar Mas (A &A2), Inspire Ventures (A&A2), NTT Docomo (S & A), JL Capital (A), Sumitomo Corporation Equity Asia (A), Bluesky Venture(A4,B),
 DKSH(A3,A,4,B) Emerald Media (B)
 MDI Ventures (A4,B) 2C2P $1 M   $2 M $7 M $10 M undisclosed 2003 DMP (A), GMO Ventures (B &C), Amun Capital (C) Ookbee   $2 M   $7 M   $19 M Undisclosed $28 M undisclosed IT Works (1999), Ookbee 2011 Invent (A), Transcosmos (B)
 TenCent (C)
 Beacon VC (C) Playlab         $5 M   $5 M undisclosed 2012 Monk’s Hill Ventures (B) WearYouWant $1.5 M undisclosed undisclosed Close Close $ 1.5M + undisclosed 2011 DMP VC (A), Starttoday (B1),Sebrina Holdings (B2) IMJ (A), Julien Chalte (A),Kimura Shinji (B1), Opt SEA (A,B1)
  39. 39. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD   2013 2014 2015 2016 2017 2018 Total raised Valuation Founded Investors Omise $3 K $2.6 M $17.5 M undisclosed of
 (Series B+)
 and
 $25 M in ICO and $ 23.1M+
 &
 
 $25M (ICO) undisclosed 2013 East Ventures (S &A), 500Startups (A) 500TukTuks (A), SMDV (A,B), 
 Ascend Capital (A,B), Golden Gate Ventures (A,B) SBI Investment (B)
 Ittipat Peeradechapan (S), Krungsri (B+) Pomelo   $1.6 M undisclosed $11 M $19 M $ 31.6 M+ undisclosed 2013 Jungle Ventures (S,A), 500 Startups (S,A), Fenox Venture Capital (S &S2), QueensBridge Venture Partners (S), Tovio Annus (S) Jonathan Price (A)
 Andre Hoffmann (A) JD.com (B)
 Provident Capital Partners (B) Lombard Private Equity (B)
 Central Group (B)
 Start Today Ventures (B) Wongnai undisclosed undisclosed - undisclosed 2010 Recruit Strategic Partners (A)
 Invent (B) Seed Series A Series B Series C Exit THAILAND FUNDED STARTUP LIST : SERIES C&B
  40. 40. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD   2013 2014 2015 2016 2017 2018 Total raised Valuation Founded Investors Priceza undisclosed     undisclosed - undisclosed 2010 CyberAgent Ventures (A) Hubert Burda Media (B) Eatigo undisclosed $15.5M $9.5 M 
 (Pre-C) $25 M+ undisclosed 2013 TripAdvisor (B1,B2) THAILAND FUNDED STARTUP LIST : SERIES C&B Seed Series A Series B Series C Exit
  41. 41. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD THAILAND FUNDED STARTUP LIST : SERIES A Seed Series A Series B Series C Exit   2011 2012 2013 2014 2015 2016 2017 2018 Total raised Valuation Founded Investors Builk     $400 K     undisclosed   undisclosed undisclosed undisclosed 2009 Project Planning Service PLC (S), Pawoot millconsteel, AddVentures (Pre-B) Claim Di       undisclosed $2 M       $2 M+ undisclosed 2000 Cyber Agent Venture (A), 500 Startups (S&A), Golden Gate Ventures (S&A), Mike Prasad (S), Takeshi Ebihara (Rebright Partners) (S), Samer Karam (S), T(ommy Chia (Super Aces Ventures) (S), Ravi Agarwal (engageSpark). (S), dtac Accelerate (A), Double A (A) Deep Pocket
 (T2P)         undisclosed   undisclosed   undisclosed undisclosed   500Startups (S) , 500Tuktuks (S) , Benchachinda Group (S), J Venture (A) Digio             undisclosed   undisclosed undisclosed   InVent (A) Eko       $1 M $5,7 M   $2 M   $8.7 M undisclosed 2012 500 Startups (S), Tigerlabs (S), Wavemaker Labs (S), Gobi Partner (A,A2)
 ITOCHU (A2) Eventpop         $500 K   undisclosed $ 500 K+ undisclosed 2015 KK Fund (S), Opt SEA(S), Hirokazu Mashita(S), Ittipat Peeradechapan (S), InVent (A), Beacon (A)
  42. 42. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD THAILAND FUNDED STARTUP LIST : SERIES A Seed Series A Series B Series C Exit   2011 2012 2013 2014 2015 2016 2017 2018 Total raised Valuation Founded Investors FavStay             $ 2.9 M $2.9 M undisclosed   500TukTuks (A), Dusit Thani (A) Finnomena           undisclosed $ 3.2 M $ 3.2 M+ undisclosed 2016 Krungsri (A), Benchachinda (A)
 500TukTuks (S,A),dtac(pre-S) Getlinks         $125 K $500 K undisclosed undisclosed $625 K+ undisclosed 2015 500 Startups(S2), CyberAgent Ventures(S), Axis Capital Partners (A), Wellesleys (A), Alibaba,SEEK,Falcon Partners VC, AddVentures Giztix undisclosed $ 1.65 M $ 1.65 M+ undisclosed 2015 AddVentures (A), WaveMaker (A), KKfund (S), 500Tuktuks(S,A), dtac (pre-S) HotelQuickly     $1.16 M $4.5 M     $5.66 M undisclosed 2012 Boon Hwee Koh (A), GREE (A2), William E. Heinecke (A) Ini3       undisclosed       undisclosed undisclosed 2004 SoftBank Ventures Korea JetRadar       $10 M       $10 M undisclosed 2009 iTech Capital (A)
  43. 43. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD THAILAND FUNDED STARTUP LIST : SERIES A Seed Series A Series B Series C Exit   2011 2012 2013 2014 2015 2016 2017 2018 Total raised Valuation Founded Investors Medical Depatures $2.5 M $ 2.5 M undisclosed 2014 DMP(A), Hubert Burda Media(A), CyberAgent Ventures(A), OPT SEA(A) Orami         $15 M   $ 15 M   $ 30 M undisclosed 2016 Sinar Mas Digital Ventures (SMDV), Gobi Partners, Facebook Co-founder, Ardent Capital, Velos Partners Playbasis $23 K $350 K $770 K $1.8 M $2.943 M undisclosed 2012 Adrian Vanzyl (S1), Ardent Capital (S2), Khailee Ng (S3), 500 Startups (S3 & A), Axis Capital Corp (S3), Cherubic Ventures (S3 & A), InVent (A) Sendit         undisclosed       undisclosed undisclosed 2015 Ascend Capital (A) Stamp undisclosed undisclosed undisclosed 2015 Golden Gate Ventures (A), Altpoint Ventures (A) Work Venture           $420 K $ 3.6 M $ 4.02 M undisclosed 2014 Sommaphat Traisorat (S)
 undisclosed for Series A YDM Thailand $ 3 M $ 3 M undisclosed InVent (A), nvestventures (A), Premier Advisory Group (SMEs Private Equity Trust Fund by GSB and SET) Zanroo             $ 7.4M   $ 7.4 M undisclosed   ShiftVentures (A)
  44. 44. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD THAILAND FUNDED STARTUP LIST : SEED FUNDING Seed Series A Series B Series C Exit   2011 2012 2013 2014 2015 2016 2017 2018 Total raised Valuation Founded Investors Anipipo   $104.29 K         $104.29 K undisclosed 2011 Kentaro Sakakibara (S), Samurai Incubate (S) Appy Hotel     $500 K undisclosed     $500 K+ $2 M 2013 Unlimited Capital (S & A) Asiola   undisclosed - undisclosed 500 TukTuks (S) Baania undisclosed - undisclosed 500 TukTuks (S), Krungsri Finnovate (S), AddVentures (S), PTT (S) Blisby         $300 K       $300 K undisclosed 2013 500 Startups (S), DeNA (S), East Ventures (S) Buzzcommerce undisclosed undisclosed 2014 East Ventures (S)
  45. 45. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD THAILAND FUNDED STARTUP LIST : SEED FUNDING Seed Series A Series B Series C Exit   2011 2012 2013 2014 2015 2016 2017 2018 Total raised Valuation Founded Investors Cloud
 Commerce undisclosed undisclos ed - undisclosed 2016 Pawoot Pongpitayapanu (S)
 500Tuktuks (S), Intania Open Innovation Club (IOIC) (S) Chococard           $300 K   $300 K $600 K+ undisclosed 
 NVestVenture (SMEs Private Equity Trust Fund by GSB) Chomchob undisclos ed - undisclosed 500Tuktuk (S) Cookly             undisclosed   - undisclosed 2015 500TukTuks (S) DealCha undisclosed undisclosed 2015 500TukTuks (S),Next Tech (S), SOLERA Investment (S), Robert Lomnitz (S) Deliveree         undisclosed       - undisclosed 2015 Ardent Capital (S), Inspire VEntures (S) Drivebot $112 K $ 112 K undisclosed 2013 Crowdfunded via Indiegogo DriveMate             undisclosed   - undisclosed 2016 500TukTuks (S), dtac (S) Event Carnival undisclosed - undisclosed 2014 East Ventures (S) EventBanana             undisclosed   - undisclosed 500TukTuks (S)
  46. 46. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD THAILAND FUNDED STARTUP LIST : SEED FUNDING Seed Series A Series B Series C Exit   2011 2012 2013 2014 2015 2016 2017 Total raised Valuation Founded Investors Fastwork         undisclosed   - undisclosed 2016 500TukTuks (S), dtac (pre-S) FindYourSpace $ 30K $ 45K $ 45K $300K $ 420 K undisclosed 2014 Re A Pra (S) Fixzy         undisclosed $300 K undisclosed $ 300K + undisclosed 2015 Iyara VC (S1), Three undisclosed angels (S2),SCassest (S3) Freshket             undisclosed - undisclosed 2016 500TukTuks (S), dtac (pre-S) Getlinks $125 K $500 K $625 K undisclosed 2015 500 Startups(S2), CyberAgent Ventures(S) Ginja undisclosed - undisclosed   500TukTuks (S) GolfDigg $700 K $700 K $2.8 M 2013 InVent Capital (S) GoWabi undisclosed - undisclosed 2015 500TukTuks (S) Hola undisclosed - undisclosed 2013 undisclosed Healthathome undisclosed - undisclosed 2015 dtac (pre-S) Muangthai Insurance (S) 500Tuktuks (S) HUBBA $350 K $350 K undisclosed 2012 500 Startups(S), 500 TuksTuks(S), Ardent Capital (S) Golden Gate Ventures (S) Hipflat $335 K $335 K undisclosed 2012 8capital Partners (S), Chang Ng (S), Crystal horse Investments (S), Kris Nalamlieng (S)
  47. 47. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD THAILAND FUNDED STARTUP LIST : SEED FUNDING Seed Series A Series B Series C Exit   2011 2012 2013 2014 2015 2016 2017 Total raised Valuation Founded Investors IndieDish             undisclosed - undisclosed dtac (pre-S), 
 500Tuktuk (S) Infinity Levels         $500 K   $500 K undisclosed 2013 InVent Capital (S) Jobtalents     $100 K       $100 K undisclosed 2013 Natavudh Pungcharoenpong (S), Sangboon Sangmanee (S), Polapat Udomphol (S) Jubjai       $500 K   $500 K undisclosed Magic Box Asia       $300 K       $300 K $3,358,338 2013 Quan (S), Natavudh Pungcharoenpong (S), Pawoot Pongpitayapanu (S), Suphachai Kanjanasakchai (S), East Ventures (S) Meditech Solution     $160 K         $160 K $562 K 2009 InVent (S) MoneyTable             1.5M $ 1.5 M undisclosed   Kejora (S), K2Venture (S) Chualapayap Srikarnchana (S) Chatchaval Jiaravanon (S) Nasket $150K $150K undisclosed OneStockHome           undisclosed   - undisclosed 2009 500TukTuks (S)
  48. 48. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD THAILAND FUNDED STARTUP LIST : SEED FUNDING Seed Series A Series B Series C Exit   2011 2012 2013 2014 2015 2016 2017 2018 Total raised Valuation Founded Investors Page 365     $109 K $420 K       $529 K undisclosed 2012 Galaxy Ventures (S2), Inspire Ventures (S) Peak       $20 K       $300 K $320 K undisclosed 2014 True Incube (S), M8VC (S), Expara (SMEs Private Equity Trust Fund by GSB) PenguinT undisclosed - undisclosed 500Tuktuk (S) Piggipo       $70 K undisclosed     $70 K+ undisclosed 2013 Ookbee (S), dtac (S), 500TukTuks (S), 
 GoldenGate Venture (S) PlanforFit undisclosed - undisclosed   muru-D (S), RCL Accelerator (S) Ricult             $ 600K $1.85 USD $2.45 M undisclosed 2016 dtac (pre-S)
 Bill & Melinda Gates Foundation (S,S2), Chanwanich Group (S2), Wavemaker (S2), 500Tuktuks (S2) Seekster             undisclosed undisclosed undisclosed Digital Ventures (S)
 dtac (S)
 500 TukTuks (S) Skilllane           undisclosed undisclosed - undisclosed 2014 Metaliq Growth Partners (S)
 Ittipat Peeradechapan (S2)
 500Tuktuk (S1) Social Nation   500K       undisclosed   
 
 
 $ 500 K + undisclosed 2014 InVent (S), BDMI (S), Danhua Capital (S), Greycroft Partner (S), Index Ventures (S), Suisse Capital Global Management, Virtual Reality Investments (S), Wonder Ventures (S) STYLHUNT       $25 K   $500 K   
 
 
 $525 K undisclosed 2014 500 TukTuks (S2), CyberAgent Ventures (S2), Expara IDM Ventures (S2), Singapore Angel Network (S2), JFDI.Asia (S1)
 Paul Pattarapon Sinlapajan Tourkrub             undisclosed 
 - undisclosed 2014 500TukTuks (S) Zmyhome               $400 K 
 
 $400 K undisclosed KKfund (S)
  49. 49. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD MERGERS & ACQUISITIONS
  50. 50. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD M&A ESTIMATED AT LEAST $108.17M Company Founded Industry Value (in US dollar) Year of Acquisition Acquirer Country of Acquirer 2004 Online Payment Provider - 2008 - dtac 2017 - Omise Thailand 1998 Web Portal 10.5M 1999 - Mweb 2010 - Tencent China 2000 Software undisclosed 2007 American 1994 E-commerce undisclosed 2012 Thailand 2005 Online Hotel Booking undisclosed 2007 American 2009 Daily Deal Site undisclosed 2011 American 2010 Social Monitoring Tool undisclosed 2011 American
  51. 51. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD M&A ESTIMATED AT LEAST $108.17M Company Founded Industry Value (in US dollar) Year of Acquisition Acquirer Country of Acquirer 2007 Real Estate Portal 23 M 2011 Singapore 2006 E-commerce undisclosed 2011 Malaysia 2008 E-Books undisclosed 2014 Thailand 2005 car site 14.4M 2014 Malaysia 2003 Online Payment Gateway undisclosed 2014 Thailand 2012 marketplace undisclosed 2015 (merge) Thailand 2010 Real Estate Portal 6M 2015 Malaysia 2013 E-Commerce undisclosed 2015 Indonesia
  52. 52. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD M&A ESTIMATED AT LEAST $108.17M Company Founded Industry Value (in US dollar) Year of Acquisition Acquirer Country of Acquirer 2009 Social Media Analytics undisclosed 2015 South Korea 2013 Insurance undisclosed 2015 Thailand 2014 Social Media undisclosed 2016 Thailand 2013 Dating undisclosed 2016 Australia Social Media* Analytics undisclosed* 2016* Thailand 1998 Internet and Design Institute 28.68M 2016 Japan Social Media undisclosed 2017 South Korea 2001 Ecommerce** undisclosed** 2018** Thailand *Rebrand to be WISESIGHT in year 2018 ** Acquired by Rakuten in 2009 and bought back by Tarad in 2016
  53. 53. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD VENTURE CAPITAL & INVESTOR
  54. 54. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD 2012 2013 2014 2015 7 M Undisclosed 25 M 12.7 M 10 M 9.3 M 10 M Annually Undisclosed Undisclosed Undisclosed Undisclosed Undisclosed VC FUNDS RAISED IN 2012 -2018 AT LEAST $ 414.91 M
  55. 55. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD 2016 2017 50 M 14.65 M 45 M 30 M 30 M Undisclosed Undisclosed Undisclosed Undisclosed Undisclosed 4.3 M Undisclosed Undisclosed 50 M 2018 ~45 M 19.96 M Undisclosed 10 M VC FUNDS RAISED IN 2012 -2018 AT LEAST $ 414.91 M
  56. 56. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD MOST ACTIVE VCs IN THAILAND 2011 2012 2013 2014 2015 2016 2017 2018 Total deal Portfolio companies 500 Startups 6 3 3 12 Playbasis (S3 &A),Pomelo (S) Taamkru (S), HUBBA (S), Blisby(S), ClaimDi (S,A),Eko (S), Yogatrail (S), Omise (A), getlinks(S), Deep Pocket (S) 500 TukTuks 10 12 16 3 41 Blisby (S), HUBBA (S), Omise (B),Flowaccount (S), Skootar (S), Wisebeer (S), Takemetour (S), Stylhunt (S), Washbox24 (S),ClaimDi (A)
 
 Piggipo (S), DeepPocket (S,A), Fastwork (S), GizTix (S,A), Ginja (S), TicketBox (S), Finnomena (S,A), OneStockHome (S), Skilllane (S2), StockRadars (S),Pomelo(A),
 
 Cookly(S),Freshket(S),Favstay(A),Tourkrub(S),Asiola(S), Baania (S), Drivemate (S), Seekster (S), IndieDish (S), Event Banana (S), Ricult (S), Health at Home (S), DealCha (S), Gowabi (S), PenguinT (S), CloudCommerce (S), Chomchob (S), bellugg (S) 8capital Partners 1 1 Hipflat (S) AddVentures 2 2 4 Giztix (A), Baania (S), Builk (Pre-B) , Getlinks Alibaba 1 1 Getlinks Alpha Founders 1 1 ASK Haunman (S) Altpoint Ventures 1 1 Stamp (A) Amun Capital 1 1 2C2P (C) Ardent Capital 1 2 2 1 6 Playbasis (S2 &S3), Whats New Asia (S), Deliveree (S), HUBBA (S), Orami (A) Ascend Capital 2 1 3 Omise (A,B), Sendit (A) Asia Pacific Capital 1 1 aCommerce (A) Axis Capital Corp 1 1 1 Playbasis (S3), Getlink (A) Beacon VC 2 1 3 Flow account (S2), Eventpop (A), Ookbee (C) Benchachinda Group 1 1 2 Deep Pocket (S), Finnomena (A)
  57. 57. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD MOST ACTIVE VCs IN THAILAND 2011 2012 2013 2014 2015 2016 2017 2018 Total deal Portfolio companies Blue Sky Venture 1 1 2 aCommerce (A4,B) Bill & Melinda Gates 1 1 Ricult (S1,S2) Central Group 1 1 Pomelo (B) Chanwanich 1 1 Result (S2) Cherubic Ventures 1 1 Playbasis (S3 &A) Crystal Horse Investments 1 1 Hipflat (S) CyberAgent Ventures 2 1 2 2 7 aCommerce (S &A), Priceza (A), StockRadars (S), Medical Departures (A), ClaimDi (A), getlinks(S) DeNA 1 1 Blisby (S) Digital Media Partners (DMP) 1 1 1 1 4 2C2P (A) WearYouWant (A) & (B), Medical Departures (A) Digital Ventures 1 3 4 Ripple*, Pulse ID*, IndoorAtlas*, Paykey*, Seekster (S)
 * Not Thai companies
  58. 58. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD MOST ACTIVE VCs IN THAILAND 2011 2012 2013 2014 2015 2016 2017 2018 Total deal Portfolio companies DKSH 1 1 1 3 aCommence (A3,A4,B) dtac 1 4 6 11 12 11 45 Fast in flow(pre-S),Piggipo(S),StoryLog(pre-S),DriveBot(pre-S),ClaimDi, (A),Skootar(pre-S),TakeMeTour(pre-S),SuperRFQ(pre-S),GizTix(pre- S),TechFarm(pre-S),ZmyHome(pre-S), Finnomena(pre-S), WearandShare(pre-S), Fabbrigade(pre-S), Savinsure(pre-S), Freshket(pre- S), Fastwork(pre-S), CloudCommerce(pre-S), Health at Home(pre-S), Visionear(pre-S), PlanforFit (pre-S), Eventpass(pre-S),Drivemate (S), Seekster (S),Cookly (pre-S), Creden (pre-S), Globish (pre-S), IndieDish (pre-S),Ricult (pre-S), ScoutOut (pre-S), Senseino (pre-S), Shiftspace (pre- S),Tixget (pre-S), Tourkrub (pre-S),CareerVisa(Pre-S),DoctorA-Z(Pre- S),Event Banana (Pre-S),Gowabi(Pre-S),Kochii(Pre-S),Kohlife(Pre- S),Noburo(Pre-S),Ooca(Pre-S),Penguint(Pre-S),Somjai Home Loan (Pre- S),Zwiz.ai(Pre-S) Dusit Thani 1 1 FavStay(A) Emerald Media 1 1 aCommerce (B) Expara Ventures 1 1 1 Stylhunt (S), Peak (S)* Falcon Partners VC 1 1 Getlinks Fenox Venture Capital 1 2 Pomelo (S1 & S2) Galaxy Ventures 1 1 Page 365 (S) GMO Partners 1 1 2 2C2P (B&C) *SMEs Private Equity Trust Fund by GSB
  59. 59. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD MOST ACTIVE VCs IN THAILAND   2011 2012 2013 2014 2015 2016 2017 2018 Total deal Portfolio companies Gobi Partners         1 1 1 3 Eko (A,A2), Orami Golden Gate Ventures     1 1 4 1 1 8 Noonswoon (S), HUBBA (S), ClaimDi (S,A), Omise (A,B), Stamp (A), Piggipo (S), Flowaccount (S2) GREE       1     1 Hotel Quickly (A2 Hubert Burda Media           2 2 Medical Departures (A), Priceza (B) iCar Asia         1   1 One2car (Acquisition) IMJ Investment Partners       2     2 Taamkru (S), WearYouWant (A) Inspire Venture       2 2   4 aCommerce (A &A2), Page 365 (S) deliveree (S) InVent   1 2 1 3 3 3 1 14 Ookbee (A), Meditech (S),Computerlogy (A), Golfdigg (S), Infinity Levels (S), Sinoze (S), Playbasis (A), ShopSpot (S), Wongnai (B), 
 Social Nation (S), Digio (A), Shopback* (A), Eventpop (A), YDM Thailand (A)
 
 *SG startup iProperty Group         1   1 ThinkofLiving (Acquisition) iTech Capital       1     1 JetRadar (A) ITOCHU             1 1 Eko (A2) J Venture             1 1 Deep Pocket (A) JD.com 1 1 Pomelo (B) JFDI.Asia     1 2       3 Shopspot (S), Rushbike (S), StylHunt (S)
  60. 60. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD MOST ACTIVE VCs IN THAILAND 2011 2012 2013 2014 2015 2016 2017 2018 Totaldeal Portfolio companies JL Capital 1 1 aCommerce (A) Jungle Ventures 1 1 1 3 Shopspot (S), Pomelo (S,A) K2Ventures 1 1 Money Table (S) Kejora 1 1 Money Table (S) Krungsri Finnovate 3 3 Finnomena (A), Omise (B+), Baania (S) KK Fund 2 1 3 Eventpop(S), Giztix (S), KKfund (S) Lombard Private Equity 1 1 Pomelo (B) M8VC 1 1 Peak (S) Muangthai Insurance (S) 1 1 HealthatHome (S) M&S Partners 1 1 Taamkru (S) MDI Ventures 1 1 2 aCommerce (A4,B)
  61. 61. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD MOST ACTIVE VCs IN THAILAND 2011 2012 2013 2014 2015 2016 2017 2018 Totaldeal Portfolio companies Metaliq Growth Partners 1 1 SkillLane (S) Millconstell 1 1 Builk Monk’s Hill Venture 1 1 Playlab (B) Muru-D 1 1 Planforfit (S) NTT Docomo Ventures 1 1 2 aCommerce (S &A) Next Tech 1 1 DealCha (S) NVestVenture 2 2 Chococard (S)*, YDM Thailand * (A) Ookbee 3 3 Taamkru (S), Piggipo (S), Ticketbox OPT SEA 1 1 2 4 WearYouWant (A) & (B1), Eventpop(S),Medical Departures (A) Premier Advisory Group 1 YDM Thailand* Priceza 1 1 Primecapture (S) Project Planning Service (PPS) 1 1 Builk (S) Provident Capital Partners 1 1 Pomelo (B) PTT 1 1 Baania (S) Quan 1 1 Magic Box Asia (S) Queensbridge Venture Partners 1 1 Pomelo (S) Re A Pra 1 1 FindYourSpace or Propertyflow (S) *SMEs Private Equity Trust Fund by GSB
  62. 62. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD MOST ACTIVE VCs IN THAILAND 2011 2012 2013 2014 2015 2016 2017 2018 Total deal Portfolio companies Recruit Holdings 1 1 Wongnai (A2) Recruit Strategic Partners 1 1 Wongnai (A) Sansiri 6 6 Standard International, Hi-End, One Night, Hostmaker,JustCo, Farm shelf, Monocle
 *** Not Thai companies SC Asset 1 1 Fixzy (S3) Sebrina Holdings 1 1 WearYouWant (B2) Seek Group 1 1 Getlinks Samurai Incubate 1 1 Anipipo (S) SBI Investment 1 1 2 Omise (B), Flowaccount (S2) ShiftVenture 1 1 Zanroo(A) SMDV 1 1 2 4 aCommerce (A &A2), Omise (A,B), Orami (A) Singtel Innov8 1 1 2 Shopspot (S2) Softbank Ventures Korea 1 1 ini3 (?) SOLERA Investment 1 1 DealCha (S) Start Today 1 1 WearYouWant (B1) Sumitomo Equity Corporation Asia 1 1 aCommerce (A)
  63. 63. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD MOST ACTIVE VCs IN THAILAND 2011 2012 2013 2014 2015 2016 2017 2018 Total deal Portfolio companies Tencent Holdings 1 1 Ookbee (C) Tigerlabs 1 1 Eko (S) Transcosmos 1 1 Ookbee (B) TripAdvisor 1 1 2 Eatigo (B1, B2) True Incube 2 1 3 Sellsuki (S), Peak (S) Unlimited Capital 1 1 2 Appy Hotel (S & A) Velos partners 1 1 Orami (A) Wavemaker 1 1 1 3 Eko (S), Giztix (A), Ricult (S2) Wellesleys 1 1 Getlink (A)
  64. 64. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD MOST ACTIVE ANGELS IN THAILAND Chualapayap Srikarnchana Andre Hoffmann Andre Vranjes Chang Ng Chintaka Ranatunga Eduardo Saverin Hirokazu Mashita Ittipat Peeradechapan Jakob Lykkegaard Jonathan Price Chatchaval Jiaravanon HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD Julien Chalte
  65. 65. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD MOST ACTIVE ANGELS IN THAILAND Kris Nalumlien Julien Chalte ken Sakakibara Khailee Ng Koh Boon Hwee Mike Prasad Natavudh Pungcharoenpong Paul Pattarapon Pawoot Pongvitayapanu Piyaphan Wongyara Kimura Shinji HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD FRT Polapat Udomphol
  66. 66. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD MOST ACTIVE ANGELS IN THAILAND Sommaphat TraisoratPolapat Udomphol Ravi Agarwal Samer Karum Sangboon Sangmanee Songphon Chaovanayothin Supachai Kanjanasakchai Sven Ernst Takeshi Ebihara HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD Tiwa York Toivo Annus Tommy Chia Watchara Kaewsawang Vinnie Lauria William E Heincke
  67. 67. HTTP://TECHSAUCE.CO COPYRIGHT 2017 TECHSAUCE CO.,LTD FOR MORE INFORMATION OR ANY INQUIRIES HTTP://TECHSAUCE.CO techsauce.co TechsauceTH contact@techsauce.co

×