Disrupt Technology Venture, a startup ecosystem builder in Thailand, has introduced a new healthcare fund.
The Disrupt Health Impact Fund is aimed at offering Thailand’s healthcare sector access to cutting-edge deep-tech solutions and enhancing healthcare services for the local population.
This fund has received support from well-known Thai businesses such as Digital Health Ventures, Thana Asset Company Limited, Saha Pathana Inter-Holding Public Company, and Sripatum University.
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The Disrupt Health Impact Fund will focus on investing in five key areas: self-care, preventive care, silver age, holistic wellness, and smart hospital. It intends to invest in 15 deep-tech ventures, both domestically and internationally, over the next three to five years.
Typically, the initial investment for each company ranges from US$500,000 to US$2 million.
This fund is interested in world-class innovations that are either in the commercialisation stage or going through clinical trials for FDA approval.
In addition to providing funding, the fund aims to assist in the expansion of deeptech companies in the healthcare sector by utilizing healthcare expertise from both the public and private sectors. This includes networking opportunities in pharmacy, product distribution, and comprehensive research and studies through the Disrupt ecosystem platform.
The Disrupt Health Impact Fund is managed by a team with experience overseeing six leading funds that have invested in 134 companies across 16 countries.
The global healthtech market is projected to grow by 10% annually, supported by various factors.
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Krating Poonpol, Chairman of the Disrupt Health Impact Fund, 500 TukTuks Fund, and ORZON Ventures, stated: “Thailand, like many countries, is moving towards becoming an aging society where the elderly population exceeds the number of newborns. As global life expectancy rises, the demand for public health services increases. With its potential to become a hub for various industries, including health and public health, Thailand is positioned to lead Southeast Asia.”
“The Disrupt Health Impact Fund and its partners aim to stimulate the growth of the HealthTech industry nationally and globally. Through investments and collaborations with joint venture partners in this initial phase, it is committed to accelerating positive impacts on health and public health within society, particularly in Thailand,” he added.
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