Thai angel investment platform Shift Ventures has roped in over 30 local investors to form a network with a capital commitment of over $30 million to fund regional tech startups.
Founded by three businessmen – Gavin Opaswongkarn, Wilert Orawanwong and Worawisut Pinyoyang – Shift Ventures aims to connect investors and entrepreneurs on road to raise funds. “Last week we just launched the 1000x Club which is a group of angel investors in Thailand. The first 30 members have committed at least $1 million each to fund both Thai and regional tech startups,” Shift Ventures Managing Partner and CEO Worawisut Pinyoyang told DEALSTREETASIA in an email on Tuesday.
The 1000x Club aims to bring in a group of high potential value-adding investors who are looking to build up or extend their startup investment confidence and portfolios. 1000x Club has been founded by Asia Plus Group Holdings CEO Kongkiat Opaswongkarn and Thanachart Securities MD Suvabha Charoenying.
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