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Cyberport Venture Capital Forum 2025 Grand Opening
Cyberport Welcomed 10 Listed Companies and 2 Unicorns over the past year Cyberport Investors Network (CIN) Celebrates 8th Anniversary with a Yearly Threefold Growth Cumulative Funds Surpassed HK$4.2 Billion
HONG KONG SAR – Media OutReach Newswire – 6 November 2025 – The annual flagship event Cyberport Venture Capital Forum 2025 (CVCF) officially opened today at Hong Kong Cyberport. The two-day forum, themed “The Innovation-Venture Nexus: Igniting Transformative Success”, brings together nearly 100 influential global venture capital experts, entrepreneurs, and industry leaders to explore the evolving global venture capital landscape driven by Artificial Intelligence (AI). The forum highlights practical applications and investment opportunities in AI, blockchain, and digital assets, alongside announcements of Cyberport start-ups’ latest funding achievements.
The forum was inaugurated by Professor Sun Dong, Secretary for Innovation, Technology and Industry of the HKSAR Government, with a welcome remarks by Simon Chan, Chairman of Cyberport. Hendrick Sin, Chairman of Cyberport Investors Network (CIN) Steering Group; Co–Founder of CMGE Technology Group Limited; Chairman of China Prosperity Capital, shared the impressive journey and achievements of CIN over the past eight years. Together with our other distinguished guests, they have officiated the opening ceremony, marking the official start of this global forum.
Professor Sun Dong, Secretary for Innovation, Technology and Industry, stated in his speech, “Hong Kong has climbed three places to rank 4th globally in the latest World Digital Competitiveness Ranking 2025, reflecting our determination and capability to become an international I&T centre. Recognising the potential of AI as a key driver for our future growth, the HKSAR Government continues to strengthen the community’s AI, from upgrading digital infrastructure to establishing our own AI research institute and grooming talents on the AI front. Last year, Cyberport has attracted around 470 enterprises to land here which resonates strongly with Hong Kong’s vision. Beyond merely providing a starting point for start-ups, the Cyberport Macro Fund leverages private capital at a scale of 1:9, connecting Cyberport’s digital entrepreneurs with market capital, enabling projects with potentials to expand by turning R&D breakthroughs into commercial successes. CVCF 2025 also showcases the dynamic lineup of high-potential start-ups within the Cyberport community and demonstrates how Hong Kong stands at the forefront of creativity and technology. This is a launchpad for ventures that aspire not just to succeed locally, but to make waves internationally.”
Simon Chan, Chairman of Cyberport, stated in his speech, “Hong Kong is on track to lead the global IPO market by the end of 2025. As Hong Kong’s digital tech hub, AI accelerator and key incubator, Cyberport continues to strengthen homegrown entrepreneurs and landing enterprises by enhancing their dealmaking capabilities. Through our key investment instruments such as Cyberport Investors Network and Cyberport Macro Fund, alongside signature initiatives like CVCF and comprehensive entrepreneurship programmes, Cyberport has driven pivotal capital from global investors to springboard high-potential start-ups to success. Despite a challenging global investment environment over the past year, our start-ups raised HK$3.4 billion over the past year. This year’s CVCF will focus on thriving VC markets, such as the Middle East, ASEAN, and Chinese Mainland, leveraging opportunities arising from the Belt and Road countries and regions, to play the important roles as a “super-connector” and “super value-adder” in connecting the Chinese Mainland and the global markets.”
Strong Fundraising Performance by Cyberport Start-ups, AI, Blockchain, and Digital Assets in the Spotlight
Despite global challenges in the venture capital environment over the past year, Cyberport companies have performed impressively in fundraising. From October 2024 to September 2025, they have raised nearly HK$3.4 billion, bringing the cumulative total to HK$46 billion. m. Recent high-value fundraising rounds include Klook, Bowtie, KPay, KUN, Hashkey Group, DigiFT, LeapXpert, and Animoca Brands, and more, many of which leverage AI, blockchain, and digital assets, reflecting the market’s focus on AI and Web3.0, underscoring Cyberport’s success in fostering the development of these industries.
This year, Cyberport welcomed 10 listed companies, including Mininglamp Technology, Yunji Technology, and Xunfei Healthcare, all of which listed soon after joining Cyberport, alongside Cyberport incubatees Diginex and Real Messenger. Additionally, Cyberport welcomed two unicorns, Qiangnao Technology, valued at US$1.3 billion, and Inspur Cloud, valued at US$2.5 billion, injecting powerful momentuminto the I&T ecosystem.
Hendrick Sin, Chairman of Cyberport Investors Network (CIN) Steering Group; Co–Founder of CMGE Technology Group Limited , stated, “Despite ongoing global economic challenges, Cyberport community has continued to demonstrate remarkable resilience, with cumulative funding reaching HK$46 billion. Several Cyberport companies have also secured substantial financing rounds worth tens of millions of US dollars. Serving as a vital bridge, the Cyberport Investors Network achieved a threefold year-on-year growth over the past year. The strength of our network lies in its international reach, now comprising over 220 investment entities. To capture global technology investment trends, we have launched the ‘AI Investors Circle’ this year, dedicated to precise matching for AI companies with strong and sustainable fundraising potential. Looking ahead, as the HKSAR Government deepens its global connectivity, particularly with high-growth Belt and Road markets such as the Middle East and ASEAN, Cyberport will actively attract more influential global investors and facilitate greater investment matching with our high-potential companies, further amplifying the global impact of Hong Kong’s start-up ecosystem.”
CIN Celebrates 8th Anniversary, Launches “AI Investors Circle” to Connect High-Potential AI Start-ups
As Hong Kong’s digital tech hub, AI accelerator and key incubator, Cyberport actively connects global investors with start-ups through diverse funding channels to foster the robust growth of Cyberport enterprises.
Cyberport leverages the Cyberport Investors Network (CIN) as a strategic bridge to attract global capital and continuously support high-potential enterprises. Since its inception in 2017, CIN has facilitated over HK$4.258 billion in cumulative funding, a year-on-year increase of over HK$1.66 billion, representing a threefold growth, accounted for nearly half of the annual fundraising total by Cyberport companies. CIN has facilitated a cumulative total of 109 projects, up by 13 from last year. CIN’s investment units have also grown by over 20, now exceeding 220, with 15% from the Greater Bay Area and Chinese Mainland, 14% from Asia-Pacific and ASEAN, and an expanding presence in the Middle East, Europe and the America, effectively aggregating global venture capital resources.
To capture global tech investment trends, Cyberport continues to establish focused investment communities, with a particular focus on AI and blockchain which are driving global capital flows. The “Web3.0 Investors Circle” established last year, bringing together nearly 50 investors and has already facilitated 9 projects, with cumulative funding exceeding HK$260 million. Cyberport has launched the “AI Investors Circle” this year, aimed at creating an efficient matching platform for high-potential AI start-ups and connecting them with the investors to accelerate the growth of the AI ecosystem and industry development.
Another key platform, the Cyberport Macro Fund (CMF), continues to invest in high-potential start-ups, helping them attract external capital and enhance market fundraising capabilities. As of October 2025, CMF has invested in 29 start-up projects, including co-investments, exceeding HK$1.989 billion, with a co-investment ratio of 1:9.3. This reflects Cyberport’s strong fundraising capacity and the investor confidence in its ecosystem.
Strategic Partnerships to Advance Blockchain Applications and Talent Development
At the event, Cyberport signed a Memorandum of Understanding (MoU) with Forms HK to establish Blockchain Valley@Cyberport, a collaborative initiative promoting innovation in on-chain finance, enhancing public awareness of blockchain and digital assets, and nurturing tech talent. Cyberport also formed a strategic partnership with The Education University of Hong Kong, focusing on three core areas, namely Educational Technology, Art Technology, and Digital Technology. This collaboration aims to accelerate the application and commercialisation of university research outcomes and explore the joint launch of micro-credential programmes to cultivate the next generation of I&T talent.
Exploring Venture Capital Trends, Unlocking New Perspectives in Tech and Investment
This year’s forum features keynote speeches and panel discussions by leading venture capitalists on global investment trends and how frontier technologies such as AI, blockchain, and digital assets are reshaping markets and driving innovation. Industry experts include Wensheng Cai, Director of Longling Capital Ltd, who shared the potential synergistic between AI and Web3.0, Jerry Liang, Partner of Cyber Creation Ventures (CCV), who shared practical strategies for identifying high-potential local opportunities and designing globally scalable solutions. Additionally, Nicolas du Cray, Partner at Cathay Innovation, alongside David Chen, Operating Partner at Hongshan CBC Cross-border Digital Fund, also joined the panel who joined the panel “AI’s Global Shake-Up” to analyse the dynamics between investors, entrepreneurs, and industry leaders. The forum also spotlighted high-growth markets and strategies, with Soumaya Ben Beya Dridje, Partner at Rasmal Ventures, and other distinguished guests exploring the Middle East’s emerging role as a global innovation hub.
Top investors also shared insights on scaling start-ups into unicorns. Thomas Tsao, Co-founder and Chair of Gobi Partners shared strategies for early-stage companies to expand successfully, including expansion strategies and fundraising solutions.
“Web3.0 Innovation Expo” Launches Tomorrow, AI and Web3.0 Highlights Ahead
Day two will focus on practical innovation and deep tech exchanges, featuring the “Web3.0 Innovation Expo” and the “AI Start-up Workshop”. At the “Web3.0 Innovation Expo”, attendees will explore Cyberport’s “Blockchain & Digital Asset Pilot Subsidy Scheme” and global use cases, gaining insights into how the first batch of projects are applying innovative solutions across diverse scenarios such as tokenised assets, payments, Regulatory Technology (RegTech). The forum will also focus on global digital asset trends and ecosystem development through fireside chats and keynotes.
For details on Day Two and the Web3.0 Innovation Expo, please refer to the attached agenda. For more information on Cyberport Venture Capital Forum 2025 and the speaker line-up, please visit http://cvcf.cyberport.hk/.
Click here to download high-resolution news images and videos; click here to download images and videos of the Cyberport campus.
Appendix: Agenda of the Second Day and the “Web3.0 Innovation Expo”
Main Stage: Cyberport Blockchain and Digital Asset Pilot Subsidy Scheme @ Function Room
Day 2 – 7 Nov (Fri) 14:00 – 19:00
| Time | Programme & target speakers |
| 09:30 – 09:40 | Welcome Remarks
|
Opening Remarks
|
|
| 09:40 – 10:00 | Keynote: Navigating the Future of Digital Asset Markets – Regulatory Landscape & The Road to Mass Adoption
|
| 10:00 – 12:00 | Cyberport Blockchain & Digital Asset Pilot Subsidy Scheme: Use Case Sharing
Use Case Sharing 1: NextGen Onchain Infra (DTA) for Web3 Finance
Use Case Sharing 2: Bridging Traditional Card Payments with Stablecoin Settlement: A Pilot Initiative by Payment Cards Group
Use Case Sharing 3: From Pilot to Platform: Building the Infrastructure for Institutional RWA Tokenisation in Hong Kong
Use Case Sharing 4: Next Generation of Financial Infrastructure: RYT and Realgate
Use Case Sharing 5: Blockchain Ticketing: Transparent & Secure
Use Case Sharing 6: Redefining Private Markets: Asseto Leading Compliant Tokenization in Asia
Use Case Sharing 7: Unlocking Liquidity and Composability with RWAs
|
| Cyberport Blockchain & Digital Asset Pilot Subsidy Scheme: Global Use Case Sharing
Global Use Case Sharing 1: How Polkadot Helps Shape the Digital Economy in Hong Kong
Global Use Case Sharing 2: Stablecoins and Tokenization: Real World Use Cases
Global Use Case Sharing 3: The Future of Sports x RWA
|
|
| 12:00 – 14:00 | Networking Lunch |
| Global Digital Asset Trends & Ecosystem | |
| 14:00 – 14:20 | Keynote 1: Bridging East and West: Digital Asset Markets in the US, Hong Kong and Beyond
|
| 14:20 – 14:40 | Fireside Chat: Backing the Next Web3.0 Breakthroughs: Global VC Strategies in a Regulated Digital Asset World
Moderator: Ir Eric Chan, Chief Public Mission Officer, Hong Kong Cyberport Speaker:
|
| 14:40 – 14:55 | Keynote 2: Scaling for the Real World: Infrastructure for the Future of Finance and the Digital Economy
|
| 14:55 – 15:25 | Panel 1: Stablecoin from a User Perspective: Unlocking New Business Opportunities
Moderator: Ms Rachel Lee, Director of Blockchain & Digital Asset, Hong Kong Cyberport Panelists:
|
| 15:25 – 15:55 | Panel 2: Real-World Asset Beyond Hype: Short-Term and Long-Term Opportunities
Moderator: Ms. Bobo Lee, Manager of Blockchain and Digital Asset, Hong Kong Cyberport Panelists:
|
| 15:55 – 16:25 | Panel 3: From Hype to Holdings: Where Smart Money Goes in Digital Assets 2025–2027
Moderator: Ms Kris Fok, Head of Venture & Partnerships, Finoverse Panelists:
|
| 16:25 – 16:55 | Panel 4: Unlocking the Future of Digital Asset Management with Web3
Moderator: Ms Jessica Yang, CEO of ME Group Panelists:
|
| 16:55 – 17:25 | Panel 5: Powering Machine-to-Machine Transactions with DID & Web3 Payment
Moderator: Ms. Alisha Li, Co-Founder of AllScale & Co-Founding Partner of Fenghou Capital Panelists:
|
| 17:25 – 18:30 | Networking Cocktail |
Hashtag: #Cyberport
The issuer is solely responsible for the content of this announcement.
About Hong Kong Cyberport
Wholly owned by the Hong Kong Special Administrative Region (HKSAR) Government, Cyberport is Hong Kong’s digital tech hub and AI accelerator, with a vision to empower industry digitalisation and intelligent transformation, to promote digital economy and AI development, and to foster Hong Kong to be an international AI, innovation and technology (I&T) hub. Cyberport gathers over 2,300 companies, including 13 listed companies and 10 unicorns. One-third of onsite companies’ founders come from 26 countries and regions, while Cyberport companies have expanded to over 35 global markets.
Cyberport, with Hong Kong’s largest AI Supercomputing Centre and AI Lab as the engine, has been building the AI ecosystem with industry-leading AI companies and over 400 AI and data science start-ups. Through development of tech clusters, namely AI, data science, blockchain and cybersecurity, Cyberport empowers industries across smart city and government, banking and finance, digital entertainment, culture and tourism, healthcare, education and training, property management, construction, transportation and logistics, green environment and more, while hosting Hong Kong’s largest FinTech community. Commissioned by the HKSAR Government, Cyberport has implemented proof-of-concept and sandbox schemes, subsidisation for digital tech adoption, industry tech training and start-up incubation, to drive technology R&D, translation and commercialisation, thus propelling digital transformation and intelligent upgrade across industry and society.
Also as “State-level Scientific and Technological Enterprise Incubator” and Hong Kong’s key incubator, Cyberport supports entrepreneurs with funding and office space, extensive networks of enterprises, investors, technology corporations and professional services for business growth and expansion to Chinese Mainland and overseas markets, all-round facilitation for landing in Hong Kong, talent attraction and cultivation, ready as a launchpad to take start-ups in any stages of development to the next level.
For more information, please visit
https://www.cyberport.hk/en.
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Can Gio Awakens as Ho Chi Minh City’s Next Growth Frontier
After decades of quiet, Can Gio is awakening on Vietnam’s southern coast, as fresh investment and grand designs breathe new life into the once-remote district of Saigon.
HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 27 December 2024 – Six months after the groundbreaking of a 2,870-hectare coastal urban project backed by Vingroup, Vietnam’s largest private conglomerate, Can Gio, once seen as a forgotten corner of Ho Chi Minh City, is now emerging as a new growth engine for Vietnam’s southern metropolis.
Breaking Isolation
For years, Can Gio was often left out of the city’s rapid development. Surrounded by dense forests and accessible mainly by ferry, it remained a world apart. Now, that is beginning to change.
Six months ago, the large-scale land reclamation project officially started construction. Locals call it a “game changer” that awakened a land long left behind. Along the coast that once lay quiet, a vast construction site has emerged, with heavy machinery working day and night. “I was very surprised by the speed,” said Prof. Pham Van Song, president of the Mien Dong University of Technology, noting that hundreds of hectares have already been filled and stabilized within months.
The project, developed by Vingroup through its real estate arm Vinhomes, represents one of the group’s most ambitious coastal developments, part of a long-term vision to extend Ho Chi Minh City’s urban footprint toward the sea. With billions of U.S. dollars in investment, it combines housing, tourism, and modern infrastructure within a single master plan that anchors Can Gio’s transformation.
Complementing this project, a series of major infrastructure works are also reshaping the district. By the end of 2025, the Phu My Hung–Can Gio high-speed railway, designed to reach 350 kilometers per hour, is expected to begin construction, linking the area to the city’s southern urban core. In 2026, the long-awaited Can Gio Bridge will break ground, cutting the journey to the city center to around 45 to 60 minutes.
At the same time, the Rung Sac interchange, with an investment of 3,000 billion VND (about 120 million U.S. dollars), will connect Can Gio directly with the Ben Luc–Long Thanh Expressway. Expected to be completed in 2028, it will link Can Gio with both the Southwest and Southeast regions, including Long Thanh International Airport.
In addition, a sea-crossing expressway between Can Gio and Vung Tau, 50 meters wide and proposed by Vingroup, would stretch across the sea for more than 10 kilometers. The plan envisions a wide eight-lane road that could reduce travel between Can Gio and Vung Tau to under 15 minutes, creating a strategic connection between the two coastal economies.
These efforts fit within a broader regional plan that combines road, rail, water, and sea transport. Another key project is the Can Gio International Transshipment Port, covering 571 hectares with an investment of 50,000 billion VND. The port is designed to become a new symbol of Vietnam’s maritime economy, with its first phase scheduled to begin operations in 2027 and full completion before 2045.
“A Single Project Ignites the South”
According to Prof. Pham Van Song, the rise of Can Gio is a natural development, especially with the involvement of Vingroup through its Vinhomes Green Paradise project. He believes that Can Gio is moving from an ecological area on the fringe of development to a new center of growth. “All modes of transportation will be available in Can Gio,” he said. “The district’s GRDP will grow rapidly in line with ongoing construction and investment. Both the number of residents and visitors will surge. Local people will be the first to directly benefit from these projects, and their lives will become increasingly prosperous.”
The changes are already drawing attention from investors. Dinh Minh Tuan, southern regional director of Batdongsan.com.vn, said the number of searches related to Can Gio has tripled since the beginning of the year. After the Vinhomes Green Paradise project broke ground, property interest in the district doubled again. “Just one single project has heated up the entire southern market,” he said.
Experts say this follows a familiar pattern. In the 1990s, Nguyen Van Linh Boulevard helped turn southern Ho Chi Minh City into a thriving area and drew nearly two million residents. In the 2010s, the completion of the Thu Thiem Tunnel and Bridge attracted more than one million people to the city’s east. “Investors who followed the infrastructure development wave then saw huge gains,” Tuan noted. “Can Gio now stands at a similar starting point, but with a stronger push.”
With a population of about 80,000, Can Gio has long faced a single challenge: lack of connectivity. But, “with the series of large-scale investments now under way, Can Gio is expected to grow faster than many of the city’s earlier new urban areas,” said Tuan.
Hashtag: #Vinhomes
The issuer is solely responsible for the content of this announcement.
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Z.ai Open-Sources GLM-4.7, a New Generation Large Language Model Built for Real Development Workflows
The new model is designed around practical engineering workflows, with a focus on long-running task execution, stable tool calling, and multi-step reasoning, capabilities that have become increasingly important as developers deploy large language models in complex, agent-based systems.
Compared with its predecessor, GLM-4.6, GLM-4.7 shows notable gains in code generation, complex reasoning, and agent execution. According to Z.ai, the model delivers more consistent and controllable performance over extended tasks, while producing cleaner and more concise language output, addressing a common weakness in many open-source models.
To evaluate performance in realistic settings, Z.ai tested GLM-4.7 on 100 practical programming tasks in production-like environments such as Claude Code, spanning front-end, back-end, and command-execution scenarios. The company said GLM-4.7 achieved higher task completion rates and greater stability than GLM-4.6, and has since been adopted as the default model for its GLM Coding Plan.
Benchmark results also place GLM-4.7 among the strongest open-source models currently available. It scored 67.5 on BrowseComp and 87.4 on τ²-Bench, the latter marking a new high for open-source systems. In coding-focused evaluations, including SWE-bench Verified and LiveCodeBench v6, its overall performance approaches that of Claude Sonnet 4.5. In Code Arena’s large-scale blind evaluation, which aggregates votes from more than one million comparisons, GLM-4.7 ranked first among open-source models.
The model is available through the BigModel.cn API and has been integrated into Z.ai’s full-stack development platform, according to the company. As open-source models take on a more prominent role in the global technology ecosystem, Z.ai’s progress offers a clear indication of how such systems may continue to evolve, and what they might enable next.
Default Model for Coding Plan: https://z.ai/subscribe
Try it now: https://chat.z.ai/
Weights: https://huggingface.co/zai-org/GLM-4.7
Technical blog: https://z.ai/blog/glm-4.7
Hashtag: #ZAI
The issuer is solely responsible for the content of this announcement.
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NIA Joins Forces with TAT to Reignite ‘Amazing Thailand’ Through Innovation Power, Transforming Thai Tourism and Leveraging Creativity and Culture to Drive a New Tourism Economy
Towards the end of this year, Thailand is preparing to reignite global attention with a renewed wave of ‘Amazing Thailand.’ The government and private sector are rolling out a comprehensive set of tourism-stimulus measures that address both economic impact and national image. One of the most talked-about highlights is the appointment of Lalisa ‘Lisa’ Manobal as the new brand ambassador — not only a global-level artist, but also a powerful representation of Thailand’s contemporary image on the world stage.
Another key highlight to watch closely is the launch of the ‘Amazing Thailand Innovation Gadget’ platform, developed through a collaboration between the National Innovation Agency (Public Organisation), or NIA, and the Tourism Authority of Thailand (TAT). This initiative aims to elevate Thailand’s tourism industry into the era of Smart Tourism in a tangible and comprehensive way.
The platform is designed to function as Thailand’s first-ever tourism innovation repository, bringing together tourism-related technologies and solutions in one centralised space. These range from route-planning technologies, accommodation booking systems, and tourist-data management, to experience-creation tools that personalise journeys and enhance engagement. More than a simple innovation directory, the platform represents a turning point — a mechanism that connects entrepreneurs, developers, and creative talents to co-create new ‘Amazing’ experiences, spanning the entire traveller journey from trip planning to the final moment of travel for visitors worldwide.
Learning from Global Leaders Where Tourism Meets Technology
The world has entered an era where tourism is no longer driven solely by beautiful destinations and cultural heritage. Instead, competitiveness increasingly depends on experiences and technology. As a result, many countries are rapidly upgrading their tourism sectors to become smarter, more emotionally engaging, and better aligned with the expectations of modern travellers.
Japan, for example, stands as a model of cultural-innovation integration, leveraging anime, music, cuisine, and fashion as globally recognisable soft power. Recently, the Japanese government has rebooted efforts to fuse cultural roots with advanced technology through initiatives such as Virtual Remix Japan, which enables global audiences to participate in art exhibitions, festivals, and anime worlds in real time via VR and AR. This exemplifies a seamless blend of past and future.
Meanwhile, South Korea has aggressively combined technology and tourism to enhance attractiveness and vibrancy. The country actively promotes start-ups offering cloud-based hotel-management platforms, real-time translation technologies, blockchain services for international tourists, and platforms linking tourism with overseas education. South Korea has also built a tourism ecosystem that integrates smart cities, digital technology, and contemporary culture, using K-pop artists as a major driving force.
In Barcelona, Spain, one of Europe’s leading smart cities, tourism has been elevated through intelligent urban and visitor-experience management. From smart traffic systems and energy-saving public bike services to big-data-driven analysis of tourist behaviour, visitors can plan accommodation, restaurants, and travel routes through a single integrated application. This approach creates a balanced coexistence between tourism and urban life. Together, these examples demonstrate that technology is no longer merely a supporting tool, but the core differentiator in the modern tourism economy.
Amazing Thailand Innovation Gadget: Elevating Thai Tourism Through a Fully Integrated Innovation Ecosystem
NIA and TAT have officially announced a landmark collaboration with the launch of the ‘Amazing Thailand Innovation Gadget’ platform, which serves as Thailand’s first tourism innovation repository. The initiative aims to propel Thai tourism fully into the Smart Tourism era.
The platform aggregates tourism-related technologies and innovative solutions from start-ups and entrepreneurs nationwide, enabling real-world deployment across the entire Thai tourism value chain. Its objective is to build a strong tourism-innovation ecosystem through integrated collaboration across all sectors, while enhancing entrepreneurs’ capacity to apply innovation and technology suited to the specific contexts of different destinations.
This approach is designed to create premium tourism experiences for both domestic and international travellers, delivering sustainable economic and social benefits for Thailand. Importantly, the country will gain a continuously expandable tourism-innovation repository, strengthening long-term competitiveness in the global tourism market.
From Creative Power and Culture to Driving Thailand’s Tourism Economy
Dr. Krithpaka Boonfueng, Executive Director of the National Innovation Agency, stated that the innovations featured on the platform will primarily be Travel Tech-related technologies. The platform is open to start-ups, entrepreneurs, developers, and business partners with the interest and capability to co-create elevated tourism experiences while advancing Thailand’s Smart Tourism ecosystem.
Currently, NIA supports and has incubated more than 80 high-potential tourism-technology start-ups and entrepreneurs, spanning areas such as community-based tourism (Local Alike), hospitality solutions (Ascend Travel), urban mobility (MuvMi), social impact marketplaces (SocialGiver), and backend customer-journey management systems (Appointment Anywhere). These solutions enable entrepreneurs and developers to access tools tailored to their specific contexts.
NIA believes that all stakeholders play a vital role in elevating Thailand’s tourism industry by integrating technology with creativity, culture, and local identity. This integration goes beyond artists, cuisine, or traditional culture, extending into tangible, scalable innovations that create new economic value for local communities.
Thai – Tech – Tourism: A Major Integrated Leap Forward
Dr Krithpaka further noted that tourism is one of the core engines of the global economy, particularly following recovery from the COVID-19 pandemic. According to data from the World Travel & Tourism Council (WTTC), in 2024 the global travel and tourism sector contributed USD 10.9 trillion, or 10% of global GDP, and supported 357 million jobs worldwide.
The United Nations World Tourism Organization (UN Tourism) has emphasised that innovation is a critical driver of economic growth, enabling new business models, attracting investment, and differentiating destinations through unique tourism formats.
Another crucial factor not to be overlooked is the global TravelTech investment ecosystem, which remains robust. In the post-pandemic era, major tourism companies have increased technology investment by an average of 14% in 2024, reflecting strong confidence in technology as a competitive advantage.
Key areas of investment focus include Smarter Retailing and Personalisation, which deliver highly tailored customer experiences; GenAI and Autonomous Agents, next-generation AI capable of analysing, planning, and executing tasks independently — such as automated travel recommendations, trip planning, and booking management; and Sustainability, with growing investment in start-ups that reduce carbon emissions through diverse solutions.
These global trends align closely with the capabilities and diversity of Thai start-ups, positioning Thailand to connect seamlessly with international movements and deliver truly tangible ‘Amazing’ experiences.
NIA stands ready to connect knowledge, technology, and innovation capital across public agencies, private enterprises, and Thai start-ups to drive concrete outcomes in the tourism-innovation ecosystem. This effort extends beyond enhancing tourism businesses; it represents the creation of a future-oriented industry that fuses creativity and culture with technological power.
Through this integrated approach, Thailand aims to elevate economic value, cultural richness, and sustainability — and to advance decisively towards becoming a Global Innovation Tourism Hub in a meaningful and lasting way.
Hashtag: #NIA #NationalInnovationAgency
The issuer is solely responsible for the content of this announcement.
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