Disrupt Technology Venture, a distinguished investment firm headquartered in Thailand, has recently unveiled the establishment of the Disrupt Health Impact Fund. This fund has garnered the support of prominent Thai business entities, including Digital Health Ventures (DHV), Thana Asset Company Limited (THANA), Saha Pathana Inter-Holding Public Company Limited (SPI), and Sripatum University (SPU).
The primary objective of this initiative is to make investments in 15 DeepTech companies operating within the healthcare sector, both domestically in Thailand and on an international scale, within the next three to five years. The overarching aim of the fund is to fortify the healthcare ecosystem and facilitate Thai citizens’ access to state-of-the-art health technologies.
Krating Poonpol, Chairman of Disrupt Health Impact Fund, underlined the fact that the healthcare industry represents a trillion-dollar market. Furthermore, he noted that Thailand is confronted with several healthcare challenges that present compelling investment prospects.
Furthermore, with Thailand transitioning into an aging society and witnessing a rise in life expectancy, there is an escalating demand for public health services. These factors, in conjunction with the country’s potential to serve as a hub for various industries, including health and public health, position Thailand as a frontrunner in Southeast Asia.
The fund is currently seeking additional partners interested in contributing to Thailand’s development as a healthcare hub for Southeast Asia. Jantanarak Tuekaew, Managing Director of Disrupt and Partner of Disrupt Health Impact Fund, stressed the increasing need for healthcare solutions within an aging society and the shift towards preventive physical and mental healthcare for individuals across all age groups.
She also outlined the five key areas targeted for investment by the Disrupt Health Impact Fund, namely self-care, preventive care, silver age, holistic wellness, and smart hospitals. The fund is in pursuit of world-class innovations either in the commercialisation stage or undergoing clinical trials to obtain approval from the Food and Drug Administration (FDA).
Pithon Vithayasricharoen, Managing Director of Digital Health Ventures (DHV), articulated the aim of establishing an efficient healthcare ecosystem. He contends that new technology plays an indispensable role in maintaining the health of individuals, reducing reliance on medical professionals, curbing healthcare expenses, and bolstering the country’s gross domestic product (GDP).
The launch of the Disrupt Health Impact Fund signifies a monumental stride towards advancing the healthcare industry in Thailand and globally. Through strategic investments and collaborations, the fund endeavours to enhance public health and foster a collaborative healthcare network within the country, integrating global standard Deep Technology into the realm of healthcare.