US startup accelerator/fund ‘500 Startups’ has decided to set up a new US $10 million fund for Thailand. It already has 1 fund of similar size going on in this country since 2013. As compared to other nations, Thailand has few VCs. The new fund will be called 500 TukTuks after Thailand’s iconic 3-wheeler taxis.
500 Startups Is Raising A $10M Fund In Thailand To Increase Its Focus On Asia – TechCrunch
http://news.google.com Feb 16, 2015
“500 Startups” raising $10 million “500 TukTuks” Thai investment fund – ThaiTech Asia
http://news.google.com Feb 16, 2015
Image Credit: 500 Startups
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