InnoSpace Thailand

InnoSpace Thailand

InnoSpace Thailand operates as a domestic venture-capital firm anchored by an unusually broad coalition of Thailand's most influential corporations and financial institutions. Its consortium model centers on PTT Public Company Limited, Siam Cement Group, CP Group, and Thai Beverage—alongside Bangkok Bank, Kasikornbank, Krungthai Bank, Siam Commercial Bank, Government Savings Bank, and SME D Bank. The Stock Exchange of Thailand participates through its LiVE Fin Corp subsidiary, and public agencies including the National Innovation Agency and the National Science and Technology Development Agency serve as strategic partners. The firm targets early-stage investments, primarily at the seed and start-up phases, across Thai-headquartered companies. Its mandate spans enterprise software, fintech, digital health, agri-tech, and energy transition—sectors that align with the commercial interests of its consortium members. InnoSpace Thailand evaluates companies that can plug into the supply chains, distribution networks, or corporate venture units of its backers, creating a structured pathway from minority investment to commercial partnership. Teerawut Thavigarn is the firm's founder and Chief Executive Officer, also serving as Head of Investment. Teerapon Tanomsakyut represents CP Group interests on the board. The firm's office sits on the 26th floor of the Samyarn Mitrtown Office Tower in central Bangkok. Adjacent ecosystem linkages include a collaboration with the Federation of Thai Industries on the Innovation One fund, a vehicle aimed at aligning startup growth with Thailand's national industrial development priorities. The structural differentiator for InnoSpace Thailand is its consortium architecture. Rather than raising capital from institutional limited partners or a single family office, the firm draws committed capital and pipeline access from a standing group of Thailand's largest corporate and banking entities. This means portfolio companies enter the program with pre-existing commercial relevance to at least one major Thai business unit, a sourcing model few regional competitors can replicate outside of Japan and South Korea's corporate-venture traditions.