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Thailand accelerates green tech innovation through startup support

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Ion Energy selected as a key green tech startup backed by the Thai Government. (Photo: Ion Energy)

The Thai government is ramping up efforts in green technology by selecting four promising sustainability-focused startups through its National Innovation Agency (NIA).

These companies specialize in AI, energy, and carbon management, and are seen as key players with potential to thrive globally. The NIA aims to foster 1–2 homegrown unicorns within the next three years that can compete on the international stage.

    AI meets net zero: Thailand nurtures green startups

    The four selected startups are:

    1. Vekin, a developer of AI-powered carbon auditing tools
    2. AltoTech.AI, a smart energy management systems provider
    3. MUI Robotics, focused on industrial robotics and automation
    4. Ion Energy, a solar energy solution provider for residential and industrial use

    According to its official site, Vekin combines AI and blockchain to help companies measure sustainability performance through deep tech, with a focus on energy and carbon asset management. Its flagship product, the AI Carbon Auditor, received the 2023 Geneva Invention Award and holds patents in over 30 countries.

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