{"id":128776,"date":"2024-04-29T14:28:23","date_gmt":"2024-04-29T07:28:23","guid":{"rendered":"http:\/\/www.thestorythailand.com\/?p=128776"},"modified":"2024-04-29T14:28:29","modified_gmt":"2024-04-29T07:28:29","slug":"betagro-ventures","status":"publish","type":"post","link":"https:\/\/www.thestorythailand.com\/en\/betagro-ventures\/","title":{"rendered":"Betagro launches \u201cBetagro Ventures,\u201d focused on incubating new foodtech &#038; agritech ventures"},"content":{"rendered":"\n<p>Betagro Public Company Limited, or BTG, has launched Betagro Ventures, a new subsidiary focused on spurring innovation across the BTG ecosystem. Betagro Ventures will operate on three core strategies: (1) improving consumers access to safe &amp; high-quality foods, (2) developing new sustainable sources of protein, and (3) creating sustainable agro-industrial-food supply chains. These strategies will be achieved through targeted venture capital investments and the incubation of internal startups.<\/p>\n\n\n\n<p>The US$30 million venture fund will invest in early-stage startups that are developing new innovations aligned to Betagro Ventures\u2019 core strategies. With these direct investments, Betagro Ventures will seek to leverage the broader Betagro ecosystem to support startups in providing access to end-consumers, domain expertise and strategic partnership opportunities.<\/p>\n\n\n\n<p>Complementing the venture fund, Betagro Ventures will also focus on incubating and scaling internal business ventures. Through combining BTG\u2019s deep agrifood industry expertise with new entrepreneurial talent, Betagro Ventures aims to create new resilient ventures that can complement BTG\u2019s core businesses.<\/p>\n\n\n\n<p>Chayadhorn Taepaisitphongse, Chief Strategy and Innovation Officer of Betagro Public Company Limited (BTG) and Managing Director of Betagro Ventures, stated that \u201ctoday\u2019s traditional business models face challenges from technology disruption and rapidly changing consumer behaviors. Yet, opportunities exist to embrace innovation by collaborating with startups to develop and scale new technologies. BTG believes in the Open Innovation model that promotes collaboration between internal and external stakeholders to accelerate new technologies that can better serve today\u2019s ever-changing market.\u201d<\/p>\n\n\n\n<p>&#8220;Betagro Ventures will be a key mechanism in propelling BTG\u2019s businesses into a new era of sustainable growth,&#8221; added Mr. Chayadhorn. \u201cThrough both venture investments and venture building efforts, Betagro Ventures hopes to develop new innovations that ensure access to high-quality and safe foods that meet the changing needs of our consumers, thereby elevating Thailand&#8217;s and ASEAN&#8217;s food industry to new heights.\u201d<\/p>\n\n\n\n<p><a href=\"https:\/\/www.thestorythailand.com\/en\/29\/04\/2024\/128760\/\">Huawei Digital and Intelligent APAC Congress: Jointly exploring transformation opportunities in Asia Pacific<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.thestorythailand.com\/en\/29\/04\/2024\/128764\/\">Beacon VC Joins SUN Group in Series A investment in ION Energy<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Betagro Public Company Limited, or BTG, has launched Betagro Ventures, a new subsidiary focused on spurring innovation across the BTG ecosystem.<\/p>\n","protected":false},"author":8,"featured_media":128733,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[121],"tags":[4188,12994,26139],"class_list":["post-128776","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startup-en","tag-agritech-en","tag-betagro","tag-betagro-ventures-2"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Betagro launches \u201cBetagro Ventures,\u201d focused on incubating new foodtech &amp; agritech ventures - The Story Thailand<\/title>\n<meta name=\"description\" content=\"Betagro Public Company 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