Techsauce’s ‘VentureBridge’ Fund to Propel Thai Startups

Techsauce, a prominent figure in the tech ecosystem, has taken a significant step forward with the launch of the “VentureBridge” Fund. With this, Techsauce plans to support leading Thai organizations for establishing, operating, and managing investments in startups worldwide. The VentureBridge Fund aims to generate financial and strategic returns, facilitating growth and innovation for diverse entities.

The collaborative effort behind the VentureBridge Fund involves key figures from the industry. Mr. Oranuch Lertsuwankit, CEO and Co-Founder of Techsauce Media Co., Ltd., has partnered with Mr. Phatchalit Klomlin, Executive Chairman of ECG Venture Capital Co., Ltd., an accomplished expert in startup investments.

The initiative also involves Mr. Orsasipat Siriwan Porn, Managing Director of ECG Venture Capital Co., Ltd., and Mr. Noppadon Chumpolkulwong, an Angel Investor.

Together, they are building VentureBridge to empower various organizations by providing comprehensive access to investments in technology startups on a global scale.

The signing of the Memorandum of Understanding (MoU) for the initiative occurred during the “Techsauce Global Summit 2023,” a technology conference held at the Queen Sirikit National Convention Centre in Bangkok.

Among the key players involved in this initiative are Beryl 8 Plus Plc, Digital Economy Promotion Agency, Export–Import Bank of Thailand, Kasikornbank Plc, Siam Cement Plc, Thai Startup Association, True Digital Park Co, WHA Corporation Plc, and UOB Thailand.

The event also introduced the Corporate Innovation Forum, a dedicated platform strengthening organizational innovation. This forum is expected to serve as a conduit for learning innovations, thus catalyzing the creation of many business prospects.

Through meticulously designed AI/DATA and Entrepreneurship workshop sessions held over two days, the event aims to invigorate novel investments and incentivize the influx of foreign capital into the domestic economy.

With a mission to establish, operate, and manage investments in startups globally, VentureBridge strives to generate financial returns and strategic advantages for these forward-looking entities.

“This is a new opportunity for leading organizations and the individuals driving technological progress in Thailand to connect with a global investment network. We firmly believe that with access to the right investments, these organizations have the potential to generate positive impacts that resonate both within their corporate structures and on a national scale,” Oranuch Lertsuwankit, the Chief Executive Officer and Co-Founder of Techsauce Media Co., Ltd. stated in their official announcement.

Oranuch further emphasized that VentureBridge is a gateway for leading Thai entities and technology pioneers, enabling them to tap into a worldwide investment ecosystem.

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