“Disrupt” introduces Disrupt Health Impact Fund with leading business groups
Disrupt Technology Venture (“Disrupt”) announced the introduction of Disrupt Health Impact Fund with the first group of co-investment partners from leading Thai business companies – Digital Health Ventures (“DHV”), the innovation and venture arm of Samitivej Hospital Group, Thana Asset Company Limited (“THANA”), Saha Pathana Inter-Holding Public Company Limited (“SPI”) and Sripatum University (“SPU”). Disrupt Health Impact Fund is dedicated in providing Thailand’s healthcare sector with access to world-class deep technology (DeepTech) and improving healthcare services for the Thai people. Managed by an experienced team that oversees over 6 leading funds which have invested in 134 companies across 16 countries, the fund plans to invest in 15 DeepTech companies in the healthcare field, both domestically and internationally, within the next 3 to 5 years. This initiative is expected to enhance the healthcare ecosystem, giving Thai people access to new, world-class health technologies. Disrupt Health Impact Fund is still open for partners to join and support Thailand’s development into a healthcare hub for Southeast Asia. The global HealthTech market is expected to grow by 10% annually, driven by various supportive factors.
Mr. Krating Poonpol, Chairman of Disrupt Health Impact Fund, 500 TukTuks Fund and ORZON Ventures revealed “The healthcare market, valued at over US$9 trillion or more than 330 trillion Thai baht, represents a trillion-dollar industry and a mega trend that will gain even greater importance in the future. Thailand faces numerous healthcare challenges, presenting a compelling investment opportunity. This sector is further energized by technological advancements, particularly in AI and BioTech, which are driving innovative transformations and significantly enhancing the efficiency and distribution of healthcare access.”
Ms. Jantanarak Tuekaew, Managing Director of Disrupt Technology Venture (“Disrupt”) and Partner of Disrupt Health Impact Fund added that, “there are also supporting factors from the increasing demand for healthcare solutions in an aging society, along with the trend towards preventive physical and mental healthcare for people of all ages. Additionally, Thailand has earned global recognition for its healthcare services, ranking among the top ten in the Global Health Security Index. The country also benefits from numerous opportunities in the medical tourism market. This presents an opportune moment for both Thai and foreign entrepreneurs to develop innovations that address future global challenges. Disrupt Health Impact Fund is ready to invest in and support world-class innovations that can improve healthcare for the Thai people. By collaborating with HealthTech companies, we aim to enhance and create a cooperative healthcare network within the country, gaining access to global standard Deep Technology in healthcare.
In addition to providing investment, the fund aims to support the business expansion of DeepTech companies in the healthcare sector by leveraging healthcare expertise from both public and private sectors. This includes networking opportunities in pharmacy, product distribution, and in-depth research and studies through Disrupt ecosystem platform. Additionally, the investment expertise of Disrupt Health Impact Fund’s management team, which has experience managing six funds and investing in a total of 134 startups across 16 countries, further enhances this support. Many of these startups are now preparing for IPOs, having been supported from their early stages.
Disrupt Health Impact Fund is committed to investing in five key areas: Self Care, Preventive Care, Silver Age, Holistic Wellness, and Smart Hospital. The fund targets world-class innovations that are either in the market commercialization stage or undergoing clinical trials to seek approval from the Food and Drug Administration (FDA). The initial investment typically ranges from US$500,000 to US$2 million per company. Furthermore, if the companies in which Disrupt Health Impact Fund invests perform well and engage in business collaborations with co-investors, there is an additional opportunity for these companies to receive direct investments from co-investors.”
Mr. Pithon Vithayasricharoen, Managing Director of Digital Health Ventures (“DHV”), the innovation and venture arm of Samitivej Hospital Group, said “Our main goal is clear: We don’t want anyone to get sick. This founding principle spurred the creation of a Healthcare Ecosystem designed to provide everyone with access to an efficient, easy, and fast public health system, thereby ensuring good health without reliance on the central public health system. Additionally, as consumer behavior rapidly evolves with technology, we have adapted by leveraging innovation to develop a Digital Healthcare Ecosystem that adds value for the public. Our experience in healthcare services has highlighted opportunities in early care—preventive measures taken before illness sets in—and risk care—managing the risk of disease to reduce the likelihood of illness among Thai people. We believe that new technology is the key to keeping people healthy and reducing dependence on medical professionals, which in turn lowers healthcare costs and contributes to the country’s GDP. Disrupt Health Impact Fund’s mission aligns with DHV to benefit society by merging our partners’ expertise to positively impact the country.”
“Thailand, like many countries, is transitioning to a fully aging society where the number of elderly people surpasses the number of newborns. Meanwhile, global life expectancy continues to increase, boosting the demand for public health services. With its significant potential to become a hub for various industries, including health and public health, Thailand is poised to lead Southeast Asia. Disrupt Health Impact Fund and its partners aim to drive the growth of the HealthTech industry both nationally and globally. They are committed to accelerating the positive impact on health and public health within society, especially in Thailand, through investments and collaborations with joint venture partners in this initial round. Future partners who share our goals in healthcare and deep technology, both locally and internationally, will be crucial to our success,” Mr. Krating concluded.
Furthermore, Disrupt Health Impact Fund is managed by an experienced team led by Mr. Krating Poonpol, Ms. Jantanarak Tuekaew and Ms. Naranpat Thitipattakul. Collectively, they have overseen 6 Accelerator and Venture Capital (VC) funds, including 500 TukTuks, ORZON Ventures, Stormbreaker Ventures, and KXVC. Notably, 500 TukTuks fund has been a major player in investing in early-stage startups in Thailand and is one of the most active of its kind in Southeast Asia for many years. Together, all six funds have invested in over 134 startups across 16 countries.
For more information about Disrupt Health Impact Fund: https://www.disruptignite.com/impactfund
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