TLDR:
- Canvas Ventures has officially launched with a focus on supporting Thai startups in deep tech and creative tech to enter the global market.
- The firm, led by Pun-Arj Chairatana, aims to provide strategic guidance, resources, and expertise to help portfolio companies scale and navigate complex markets.
Canvas Ventures, a multi-family venture capital office, has officially launched to support Thai startups onto the global stage. Led by Pun-Arj Chairatana, former Executive Director of Thailand’s National Innovation Agency (NIA), Canvas Ventures focuses on early and growth-stage startups in deep tech and creative tech. The firm aims to tailor solutions for the Asian market and take Thai startups onto the international stage to support innovation and entrepreneurship in the region.
Chairatana highlighted that Canvas Ventures aims to be more than just a financial supporter, offering strategic guidance, resource access, and expertise to aid portfolio companies in scaling and navigating complex markets. With a focus on megatrends like deep tech, creative tech, climate change, and LGBTQ+ sectors, the firm aims to drive economic and societal impact in Thailand. Canvas Ventures emphasizes cultural and creative industries, inclusivity, and human rights in its investment approach.
The firm plans to invest in startups at various stages of development, particularly those in Series B, across Thailand and Asia. Its investment focus spans megatrends such as green tech, silver aging, creative economy, pink economy, and deep tech, with deal sizes ranging from $500,000 to several million dollars. Additionally, Canvas Ventures is keen on collaborations with French Private Equity and VC to focus on deep tech applications in aviation, aerospace, and security.
Despite the challenging investment landscape marked by high-interest rates, Canvas Ventures remains optimistic about sectors like AI, healthcare, finance, climate tech, and aerospace. The firm envisions Thailand’s ascent as a global innovation leader and is actively eyeing the potential growth of the orange economy and the pink economy.
Overall, Canvas Ventures aims to facilitate international collaboration in technology and innovation by supporting Thai startups onto the global stage and positioning Thailand as a pivotal player in the region’s future economy.
