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Top 5 Medical Device VC Funds & Investors in Thailand (September 2026)

The most active venture capital funds investing in Thailand Medical Device startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Thailand Medical Device startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Expara
VC Fund
2 Thailand, Singapore, India Seed, Series A Software, Internet, Drones $320k–$2.7M
CU ENTERPRISE CO., LTD.
VC Fund
1 Thailand Seed, Series B Manufacturing, Robotics, Software
TOP Ventures
VC Fund
1 Thailand, United States, Israel Series A, Venture - Series Unknown, Seed Biotechnology, Energy, Software $1M–$20M
BE Healthcare Ventures
VC Fund
1 Taiwan, Thailand Seed, Series A, Series B Health Care, Artificial Intelligence, Medical $2.4M–$4.1M
NVEST VENTURE
VC Fund
1 Thailand, Singapore Seed, Series A, Series B Software, Artificial Intelligence, Information Technology $2M–$7.4M
Access all 6 VC funds in Thailand Medical Device startups.

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Investor list

Expara
VC Fund · Singapore, Central Region, Singapore · 2 investments in Thailand Medical Device startups

Expara Thailand is a venture capital providing both investment and services to the enterprise ecosystem. The firm seeks to incubate, mentor, and invest in early-stage companies operating in Southeast Asia. The company works alongside entrepreneurs and leaders in public and private organizations to create entrepreneurial successes through innovativehigh-tech high-growth ventures. It is also dedicated in delivering web tools, business strategy and technology innovation advisory, experiential training, deep industry expertise, and networks in supporting the growth of the next Silicon Valley in Southeast Asia.

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Investment focus

  • Industry: Software, Internet, Drones
  • Stage:Seed, Series A
  • Geography: Thailand, Singapore, India

Investor stats

  • Total investments: 15
  • Round size: Seed $320k–$2.7M
  • Lead/follow: 93% lead, 7% follow

Portfolio highlights

  • Bellugg — Guarantee to be No.1 Luggage Delivery in Thailand, Japan, Korea, Taiwan, Vietnam, Hong Kong and Singapore with real-time tracking system. We deliver...
  • Meticuly — Meticuly is a global leader in 3D printed patient specific implant. We use cutting-edge technology to create precise, customized implants for improved patient care. Visit to learn more!
  • CloudCommerce — CloudCommerce operates as a cloud platform that sellers manage global online marketplaces. It features a system that connects the SME product data with online markets globally, which makes entering the global market easy. Also, it connects the logistic system in order to help reduce production costs and shipping times.
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CU ENTERPRISE CO., LTD.
VC Fund · Bangkok, Krung Thep, Thailand · 1 investments in Thailand Medical Device startups

CU Enterprise Co., Ltd. is a holding of Chulalongkorn University. We accelerate and invest in deep technology startups and CU spin-off companies that incubated by CU Innovation Hub which will have a significant impact on society.

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Investment focus

  • Industry: Manufacturing, Robotics, Software
  • Stage:Seed, Series B
  • Geography: Thailand

Investor stats

  • Total investments: 4
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Baiya Phytopharm Co., Ltd. — BaiyaPhytopharm is a clinical-stage biopharmaceutical company, focused on strengthening health security for all people using our BaiyaPharming platform to develop therapeutics and vaccines. Baiya Phytopharm’s plant-based technology is a cutting-edge solution that is quick, simple, and scalable, aiming to replace biotech fermenters with plants. Theplatform has the flexibility to produce biopharmaceutical products of interest within weeks rather than months or years, resulting in a faster process and lower cost of research and development for products, such as cosmetic raw materials, diagnostic test kit materials, and therapeutics for cancer and infectious diseases.
  • Mineed Technology Co., Ltd. — Detachable Dissolvable Microneedle Technology
  • HG Robotics Company Limited — HG Robotics is a company that focuses on developing an information and motion management platform for unmanned systems
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TOP Ventures
VC Fund · Bangkok, Krung Thep, Thailand · 1 investments in Thailand Medical Device startups

TOP Ventures, the investment arm of Thai Oil Public Company Limited (TOP).

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Investment focus

  • Industry: Biotechnology, Energy, Software
  • Stage:Series A, Venture - Series Unknown, Seed
  • Geography: Thailand, United States, Israel

Investor stats

  • Total investments: 8
  • Round size: Series A $15M–$20M; Venture - Series Unknown $1M–$1M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Versogen — Versogen develops electrolyzer technology for water and renewable energy to produce green hydrogen at scale. The company produces high-performing hydroxide exchange membranes for a variety of applications, such as lowering the production costs of fuel cells and reducing industrial carbon emissions, and laying the foundation for a sustainable energyfuture.
  • INCREDIBLE BIO (formerly JuiceInnov8) — JuiceInnov8 is a food biotechnology company.
  • Supercritical — We partner with industry to move and think beyond fossil fuels with innovative clean technology solutions.
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BE Healthcare Ventures
VC Fund · Taipei, T'ai-pei, Taiwan · 1 investments in Thailand Medical Device startups

BE Health Ventures is a boutique advisory and investment company, specializing in technologies, financials and healthcare industries.

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Investment focus

  • Industry: Health Care, Artificial Intelligence, Medical
  • Stage:Seed, Series A, Series B
  • Geography: Taiwan, Thailand

Investor stats

  • Total investments: 9
  • Round size: Seed $2.4M–$4.1M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • Health2Sync — Health2Sync provides patients and care providers with data-driven Digital Therapeutics and personalized healthcare management services including an user-friendly mobile App, cloud-based analytics, and a cloud platform for healthcare professionals.
  • AIM — AIM focuses on affordable and easy access to early preventive detection, precision diagnosis and automated prognosis monitoring of prevailing chronic diseases at vast installations of points-of-care.
  • H2U — Health to U is a provider of digital health and wellbeing platform, focusing on holistic health, sports, and diets. The H2U Digital Health platform is a breakthrough creation, a framework that maximizes the power of data. The service delivers insightful reviews based on the platform’s analyses of data collected from connected products and services,elevating the overall value of each component. Users are able to get their hands on their records anytime at will, allowing them to stay aware and on top of their physiological states, with access to personalized health solutions and products.
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NVEST VENTURE
VC Fund · Bangkok, Krung Thep, Thailand · 1 investments in Thailand Medical Device startups

Since 2014, N-Vest Venture has helped transform many disruptive ideas into practical and scalable businesses

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: Thailand, Singapore

Investor stats

  • Total investments: 32
  • Round size: Series A $2M–$4M; Series B $2.6M–$7.4M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • FitForce2 — Say goodbye to boring workouts. Play fun, customizable fitness games with Fitforce 2.
  • Astride Bionix — Astride Bionix is a wearable robotics company that designs, manufactures, and sells bionic chairs to customers.
  • Flourish Digital — Flourish Digital​ provides content creation, product review, vlog, live stream, and podcast services.
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Medical Device VC funding in Thailand at a glance

Stats across 7 deals from 6 investors.

6
investors
in Thailand Medical Device startups
7
deals
in Thailand Medical Device startups
$3.4M
median round
in Thailand Medical Device startups
50%
lead investors
lead at least one round
29%
Series A
most common funding stage

Access all 6 VC funds in Thailand Medical Device startups.

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