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NIA Eyes Green Tech Unicorns Within Three Years, Four Thai Startups Set to Showcase at ‘Web Summit Qatar 2025’ as Global Green Innovation Market Forecasts 25% Annual Growth Over the Next Decade
This move comes amid booming global demand for green technology. The environmental tech sector is expected to grow at an average rate of 25% annually over the next ten years, underscoring a unique opportunity for Thailand to cultivate and launch a new generation of climate/green tech startups—potentially propelling them to unicorn status.
Dr. Krithpaka Boonfueng, Executive Director of the National Innovation Agency (NIA), noted that the global sustainability movement is gaining significant momentum. SMEs, startups, and industrial sectors worldwide are rapidly integrating technology to drive sustainable innovation. As a result, startups that develop solutions for environmental preservation and climate change mitigation are attracting increasing attention from both consumers and investors—domestically and abroad. The surging global appetite for these technologies reinforces their massive market potential, with projections suggesting a sustained average growth rate of 25% annually for the next decade.
Thai startups are well equipped with innovation capabilities comparable to their international counterparts. However, a lack of opportunities and readiness in structured business management has often hindered their full potential for expansion into global markets. As the nation’s designated Focal Conductor for innovation, the NIA is therefore committed to providing comprehensive support—including funding, opportunities, and knowledge development—to empower Thai startups to grow with greater strength and readiness for international expansion.
A particular focus is being placed on accelerating the development of startups in the fields of environmental technology and sustainability, with the ambition of nurturing more Thai unicorns—startups valued at over 1 billion US dollars—over the coming years. To achieve this, it is crucial to stimulate investment through collaborative efforts between the public sector, private enterprises, and academic institutions.
One key initiative towards this goal is the Unicorn Factory Thailand project, which aims to enhance the capabilities of promising startups and unlock new opportunities to propel them onto the global stage. The program will feature workshops targeted at startups in the Series A stage and beyond, covering vital areas such as building sustainable businesses, expanding investor and partner networks, strategies for international market entry, and gaining opportunities to pitch at leading global technology and innovation showcases.
Dr. Krithpaka further added that over the past year, the NIA successfully created new business opportunities and connected four growth-stage Thai startups, along with one winning student team from the Startup Thailand League 2024, to the global stage at TechCrunch Disrupt 2024—a leading global technology and startup conference and exhibition. During the event, the delegation also engaged in discussions with partner organizations supporting startup development in the United States. These engagements provided valuable exposure for Thai startups, enabling them to explore market expansion strategies and gain access to networks of investors, experts, and global business partners.
In 2025, the NIA remains committed to driving Thai startups towards international markets by continually building new business opportunities. This year, four promising Thai startups in the fields of Climate Tech and Green Tech have been selected for further internationalization efforts. These are:
1. Altotech.AI – developers of intelligent energy management systems;
2. ION ENERGY CORPORATION – a leading provider of residential solar energy solutions in Thailand, offering integrated energy management and payment platforms for PPA/EPC clients;
3. VEKIN (Thailand) – creators of the AI Carbon Editor tool, designed to analyze and manage carbon emissions for corporate and industrial sectors; and
4. MUI Robotics – developers of intelligent robotics and automation systems for applications in industries such as manufacturing, logistics, healthcare, and agriculture.
These four startups are showcasing their innovations, presenting business plans, and engaging directly with investors and international markets at Web Summit Qatar 2025, held in Doha, Qatar. As the Middle East’s largest technology and startup conference, the event brings together startups, investors, major corporations, public and private sector organizations, and technology leaders from across industries to exchange knowledge, foster collaboration, and strengthen the international startup ecosystem.
The summit expects more than 25,000 attendees, featuring 1,520 startup companies, 723 investors, and 167 partners from around the world. Notably, the Thai startups’ booths attracted strong interest from investors and businesses across multiple countries, resulting in numerous business discussions and information exchanges.
“The NIA aims to produce one to two new homegrown unicorns within the next three years, focusing on startups in the FoodTech and GreenTech sectors,” stated Dr Krithpaka. “These sectors have considerable market demand, particularly GreenTech, which is proving especially promising. Organizations of all sizes—from large corporations to SMEs—are actively seeking solutions to environmental challenges, spurred in part by the growing pressure of carbon taxes imposed on fossil fuel emissions. This has created significant demand for environmental innovations, providing fertile ground for the emergence of high-growth startups in this space.
Investment in environmental and sustainability-focused technologies continues to rise, both in Thailand and abroad. Thailand, in particular, offers a unique combination of factors that position its startups for global expansion: abundant space and resources, as well as real-world environmental challenges that make it an ideal sandbox environment for piloting environmental technologies. These technologies can be trialed across industries under the country’s Green Transformation framework—whether through the adoption of renewable energy, boosting energy efficiency, reducing greenhouse gas emissions, or mitigating pollution.
There is capital available—both from end-users and from investors—and there is strong momentum in the ecosystem. All of this makes Thailand a viable launchpad for unicorns.”
Mr Phattananat Wongwan, Chief Growth Officer (CGO) of MUI Robotics Co Ltd, stated that MUI Robotics’ technologies are already being widely adopted within Thai industries, thanks to their ability to address environmental concerns within industrial production processes. With the support of the NIA, MUI Robotics has been able to accelerate its growth and extend its reach into international markets. In particular, the opportunity to meet with investors and showcase their solutions at Web Summit Qatar 2025 has significantly raised the profile of Thai innovation and helped gain recognition from overseas investors.
“Our technologies go beyond solving local environmental challenges—they’re applicable to industrial problems on a global scale,” said Mr Phattananat. He emphasized that government support is key to enabling more startups to emerge and thrive. “If the government continues to champion and invest in the startup ecosystem, especially in the Climate Tech and Green Tech sectors, Thai startups will be well positioned for sustainable growth on the world stage.”
Mr Pamekitti Puktalae, Technical Product at AltoTech Global Co Ltd, remarked that many industries today are striving to position themselves as leaders in sustainability. This demand creates opportunities for startups developing environmental solutions—whether by creating carbon-neutral spaces or providing ESG-supporting tools—to step in and add real value.
He continued, “NIA’s support in enabling AltoTech, which integrates AI and IoT to address sustainability challenges, to showcase our capabilities at Web Summit Qatar 2025 has opened a crucial gateway for Thai startups to enter the global stage. A market like Qatar, which prioritizes sustainability and smart infrastructure, is an ideal fit. Participating in this event has not only allowed us to engage with global stakeholders and gain insights into international market demands, but also helped us fine-tune our solutions to align with diverse expectations and accelerate our global expansion.”
“Additionally,” he added, “this opportunity has significantly boosted the credibility of Thai entrepreneurs, which in turn has increased our visibility and appeal to both domestic and international investors.”
Hashtag: #NIA
https://www.nia.or.th/The issuer is solely responsible for the content of this announcement.
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Woodfibre LNG Marks 2025 as a Year of Construction Progress, Environmental Stewardship and Community Partnership
Over the past year, the project advanced from planning into visible, on-the-ground execution. Major construction milestones included the pouring of foundations for key modules, continued progress on marine piling, and further implementation of modular construction techniques designed to reduce on-site footprint while accelerating delivery timelines.
These advancements were achieved through close collaboration with project partners, suppliers and contractors, and in partnership with the Sḵwx̱wú7mesh Úxwumixw (Squamish Nation).
In 2025, Woodfibre LNG, a member of the RGE group of companies founded by Sukanto Tanoto, continued to operate its floatel workforce accommodation solution, designed to minimise pressure on local housing and community services. As of November, two floatels were in active operation, providing high-quality, safe and comfortable living conditions for the project workforce while supporting construction efficiency.
Environmental protection remained a central focus throughout the year. The project’s Marine Mammal Monitoring Programme, which includes hydroacoustic monitoring, exclusion zones and shore-based observation posts, delivered measurable outcomes by enabling real-time operational decisions, including pauses to marine activities when marine mammals entered exclusion areas.
In parallel, remediation of legacy materials from the former pulp mill site continued, with hundreds of thousands of tonnes of historical waste removed. These efforts have contributed to improving site conditions for both local communities and marine and terrestrial ecosystems in Howe Sound.
Woodfibre LNG’s Operator Training Programme, delivered in partnership with the Squamish Nation Training and Trades Centre and the British Columbia Institute of Technology (BCIT), progressed throughout the year. The programme’s first cohort of graduates transitioned into full-time roles, supporting the development of long-term, skilled local employment opportunities linked to the project.
Through its Community Partnership Programme (CPP), Woodfibre LNG continued to invest in local communities across the Sea-to-Sky corridor. In 2025, the programme surpassed $1 million in total grants since its inception, supporting initiatives in sports, healthcare, emergency services, arts and culture, and youth development.
Luke Schauerte, CEO of Woodfibre LNG, said, “2025 has been a year of significant progress for Woodfibre LNG. We are proud of what our team and partners have accomplished together and look forward to building on this momentum in the year ahead.”
With more than half of the project’s development now complete, Woodfibre LNG remains focused on advancing construction safely and responsibly, while maintaining strong partnerships with Indigenous communities, local stakeholders and regulators.
As the project looks ahead to 2026, Woodfibre LNG continues its work toward delivering lower-carbon, responsibly produced Canadian energy to international markets.
Hashtag: #RGE #PacificEnergy #PacificCanbriamEnergy #WoodfibreLNG #LNG #environment #partnerships #LNG #liquefiednaturalgas #energy #sustainability
The issuer is solely responsible for the content of this announcement.
About Woodfibre LNG
The Woodfibre LNG Project is owned by Woodfibre LNG Limited Partnership, owned 70 per cent by Pacific Energy Corporation (Canada) Limited and 30 per cent by Enbridge Inc. The Woodfibre LNG facility is being built on the site of the former Woodfibre pulp mill site, which is located about seven kilometres southwest of Squamish, B.C. Woodfibre LNG will source its natural gas from Pacific Canbriam Energy, a Canadian company with operations in Northeastern British Columbia. Pacific Canbriam is an industry leader in sustainable natural gas production. Woodfibre LNG and Pacific Canbriam Energy are subsidiaries of Pacific Energy Corporation Limited. Woodfibre LNG is the first industrial project in Canada to recognise a non-treaty Indigenous government, Sḵwx̱wú7mesh Úxwumixw (Squamish Nation), as a full environmental regulator.
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New Opportunities in Southeast Asia’s Digital Shift: Thailand Emerges as the New ASEAN’s AI Hub
The expansion of AI and data centers (DCs) in Thailand is driving several transformative trends:
- Changing data traffic patterns. As DCs multiply in Bangkok, Chonburi, and beyond, Thailand is evolving from a traditional data “transit point” into a regional “convergence hub.” East-west digital traffic is accelerating, with Thai DC clusters increasingly meeting the computing demands of Southeast Asia and the broader Asia-Pacific.
- Optimized data routing. Data flows that once relied on submarine cables via Hong Kong and Singapore are gradually shifting to land-based digital corridors linking China, Laos, and Thailand. This route reduces data transmission latency from southwestern China to Southeast Asia.
- Elevated business expectations. Demand is shifting beyond “sufficient bandwidth” toward “high-quality experience.” Thailand sits in a “latency sweet spot” for key Asia-Pacific markets, with latencies to Singapore, Vietnam, and Malaysia falling within an optimal range—a crucial advantage for latency-sensitive sectors like autonomous driving, telemedicine, and fintech.
New opportunities inevitably bring new challenges, and Thailand also addresses the following three challenges:
1. Massive traffic impacting existing networks: Compared with mature hubs like Singapore, Thailand has insufficient international submarine cables. A large volume of cross-border data still needs to be transmitted through detours. Meanwhile, as DC investments continue to accelerate, traffic will keep rising. Analysis shows that by 2029, Thailand’s DC capacity may reach 2000 MW, with cross-region traffic surging to 630 Tbps. The current network architecture is no longer capable of supporting such heavy traffic.
2. Latency advantages not fully realized: Despite its geographic advantages, Thailand’s network latency performance has yet to reach its full potential. Routes to key markets, like China, still require third-party transit. What’s more, traditional network scheduling lacks intelligent route selection capabilities, making it difficult to provide deterministic assurance for latency-sensitive services like financial transactions and real-time AI interactions.
3. Potential risks in network reliability: Thailand’s network reliability faces structural challenges. Single points of failure have previously caused hours-long interruptions to critical services, directly undermining enterprise users’ confidence.
To overcome these challenges, Thailand can take a systematic approach to upgrading its digital infrastructure, aiming to build next-generation AI-ready networks.
1. Building ultra-high-bandwidth “sea-land” connectivity. By actively introducing new submarine cables, Thailand can significantly enhance its connectivity with the Asia-Pacific region and the world. Meanwhile, accelerating the construction and expansion of key terrestrial cable routes—such as China-Laos-Thailand and Thailand-Malaysia-Singapore—will transform Thailand’s geographic advantage into a tangible connectivity advantage.
2. Optimizing network routes to create a regional low-latency core. Strengthening the Kunming-Laos-Thailand terrestrial cable route will continuously reduce transmission latency between China and Thailand, meeting the needs of real-time applications. In addition, the introduction of autonomous networks will enable automatic selection of the optimal, shortest route, shifting from “best effort” to “deterministic low latency.”
3. Designing a “never-interrupted” high-resilience architecture. Deploying active-active DC networks with millisecond-level switchover capabilities ensures the continuity of core services. Meanwhile, AI-driven intelligent O&M can reduce fault detection and diagnosis from hours to minutes.
Thailand’s booming AI and DC industries are driving rapid growth in regional and cross-border business demand. In this trend, network infrastructure construction centered on DCs is the core engine that drives AI transformation, propelling Thailand toward its vision of becoming the new AI hub for ASEAN.
Hashtag: #huawei
The issuer is solely responsible for the content of this announcement.
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MyRepublic Launches Card Sub, Singapore’s First Subscription Service for Trading Card Game Fans
Hashtag: #CardSub, #MyRepublic #MyRepublicCardSub #CardSubSG #TCG #GeeksUseUs
https://myrepublic.net/sg/
https://www.linkedin.com/company/myrepublic
https://x.com/myrepublic
https://www.facebook.com/MyRepublicSG/
https://www.instagram.com/myrepublicsg/
The issuer is solely responsible for the content of this announcement.
MyRepublic
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