nes to Watch Innovation Ecosystem in Thailand 4.0 Thailand 4.0 is an economic ambition that aims to transform the country from a middle-in- come developing nation, to a dynamic, prosperous and sustainable one. Moving on from its USD $177M earlier economic development models that placed emphasis on agriculture (Thailand 1.0), light industry (Thailand 2.0), and advanced industry (Thailand 3.0), the new direction under Investment Thailand 4.0 focuses on four aspects of growth and progress. Trends in Economic Thailand Prosperity source: tracxn.com 1 USD $119M Total Funded Social (disclosed) 40 USD $115M Well-being

USD $98M 2 Total Funding 36 Rounds 35 Raising Human 29 28 3 Values

Environmental Protection USD $26 M 4

2015 2016 2017 2018 2019 2020 and beyond: Smart Cities for Thailand 4.0 Which are the 9 provinces? Following a pilot programme with Phuket, and , the National Smart City Committee is inviting more • Phuket • Yala cities to join the national drive to transform 100 cities into smart cities by 2022. • Chiang Mai • • Chon Buri As of July 2019, twenty cities across nine provinces have submitted proposals for the committee's evaluation. To qualify for the • Khon Kaen programme, which would give cities investment and branding privileges, cities have to meet ve criteria: have clear • Chachoengsao geographical boundaries and smart city goals; have infrastructure investment and a development plan; have a design for an • open and secure city data platform; provide smart city solutions; and have a sustainable management model. •

There are an estimated 1000 tech start-ups in Thailand, of which 80-90% are based in Bangkok. Did you know? From the past 5 years, the most funded sectors are e-commerce, logistics and FinTech.

Omise aCommerce Ricult Pomelo Eko Omise is an online aCommerce offers Ricult offers digital Fashion Eko builds tools to payment gateway end-to-end solutions to improve unlock the potential offering a wide e-commerce the productivity and Pomelo Fashion is an of mobile messaging range of processing solutions for profitability of omnichannel fashion in the workplace to solutions for any retailers, brands, small-holder brand that provides boost enterprise business need. and manufacturers farming. a wide range of style productivity and in Southeast Asia. at affordable prices. security.

Series Unknown Series C Seed Series C Series B $20.4 Million $103.8 Million $2.5 Million $83.6 Million $28.7 Million

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