500 TukTuks, ORZON Ventures execs launch Disrupt Health Impact Fund in Thailand

Disrupt Technology Venture, a startup ecosystem builder in Thailand, has launched a new healthcare fund.

Disrupt Health Impact Fund aims to provide Thailand’s healthcare sector with access to world-class deep-tech solutions and improve healthcare services for the local people.

The fund is backed by prominent Thai businesses, including Digital Health Ventures, Thana Asset Company Limited, Saha Pathana Inter-Holding Public Company, and Sripatum University.

Also Read: Thai oil firm OR, 500 TukTuks launch US$50M mobility and lifestyle fund ORZON Ventures

Disrupt Health Impact Fund seeks to invest in five key areas: self-care, preventive care, silver age, holistic wellness, and smart hospital. It plans to invest in 15 deep-tech ventures, domestically and internationally, within the next three to five years.

The initial investment typically ranges from US$500,000 to US$2 million per company.

The fund targets world-class innovations that are either in the market commercialisation stage or undergoing clinical trials to seek approval from the Food and Drug Administration (FDA).

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 the public and private sectors. This includes networking opportunities in pharmacy, product distribution, and in-depth research and studies through the Disrupt ecosystem platform.

Disrupt Health Impact Fund is managed by an experienced team that oversees over six leading funds, which have invested in 134 companies across 16 countries.

The global healthtech market is expected to grow by 10 per cent annually, driven by various supportive factors.

Also Read: From chatbots to therapists: How AI breaks ground in bridging the mental health care divide

Krating Poonpol, Chairman of Disrupt Health Impact Fund, 500 TukTuks Fund and ORZON Ventures, said: “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. It is 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,” he added.

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