InVent, the corporate venture capital arm of Intouch Holdings PLC. or INTOUCH invests in 2 new tech startups which are Datafarm in Series A round, a Thai cyber-security startup providing penetration tests and IT audits to government agencies and top commercial enterprises and Swift Dynamics in Pre-Series A, a Thai startup developing construction and facility management software that uses IoT technology to connect multiple devices to the cloud.
Dr. Narongpon Boonsongpaisan, Head of InVent by Intouch Holdings PLC., shared, “We consider this as a great opportunity for InVent to invest in Datafarm and Swift Dynamics. The two companies are leading startups in Thailand’s Cybersecurity and IoT sectors while their technologies will support corporates to strongly step into the fully-digitized 5G era. Cybersecurity is crucial in strengthening customer trust and hedging business risks whereas IoT is key technology to collect Big Data from myriad number of devices’ parameters, especiall
Asia Digest: PAG buys Unispace; VinFast inks JV with ProLogium; InVent invests in two startups
REUTERS/Dado Ruvic
March 3, 2021
Asia-focused private investment firm PAG has acquired global workplace design firm Unispace. Meanwhile, Vietnamese conglomerate Vingroup’s automobile unit VinFast and Taiwan’s battery manufacturer ProLogium set up a JV, while Thailand’s InVent announced two new investments.
PAG acquires Unispace
Asia-focused private investment firm PAG has acquired global workplace design firm Unispace, according to an announcement.
Since its inception in 2010, Unispace has been designing workplaces across 27 countries. Its clients include Boston Scientific and PwC, as well as Fonterra, Anaplan and Carlson Wagonlit Travel in Asia.