Young and entrepreneurial minds alike, we are here to seek and create new businesses for PTT, Thailand’s biggest energy company. We work with both internal and external parties, using inside-out and outside-in approaches, to invest in the future, building collaborations and partnerships to embark upon the ever changing digital world.
WHAT WE DO
“Venture Builder” exists to develop the new business S-Curve for PTT with the aim of growing billion-dollar revenue companies in the next 5-10 years.
At Venture Builder (VB), we adopt startups’ mindsets, collaborate with startups and tech/business partners to co-develop solutions, and introduce these solutions into the corporate ecosystem. Together, we incubate and grow new businesses across multiple energy sectors, including electrification, mobility, energy efficiency, sustainability, and interconnectivity. Our Venture Builders work synergistically across various PTT groups and with external business partners with the mission of building PTT’s new business S-curve.
VENTURE CAPITAL INVESTMENT
PTT Venture Capital is looking to invest and work with startups who are futuristic and have global mindsets. We work with funds, corporates and startups around the world to create a better and more sustainable planet.
To accelerate the better energy future in Thailand, PTT established Corporate Venture Capital team since the beginning of 2017 to invest globally into venture funds and high growth potential companies with strategic benefits to PTT Group. CVC seeks technologies that electrify energy system, enable better transportation, make energy usage more efficiency, enhance sustainability, enable the use of internet of things in industries and other new kind of solutions which could become growth drivers. CVC collaborates closely with startups to commercialize their innovation and support their journey.
Five major global megatrends that drive the transition in energy industry include decarbonization of the power system, distributed energy resources (DERs), electrification of transport, new customer preference, and digitization. These trends have transformed the electricity landscape of 21st Century from one directional flows of electron, money and data which customers sit at the end of the value chain to bidirectional flows which customers sit at the heart of the value chain.
Decarbonization of the power system comes from two main factors i.e. legally binding global climate deal of the Paris Agreement on climate change and the significant falling price of renewables. These drive greater deployment and investment in renewables globally.
Distributed energy resources (DERs): Declining costs of solar pv and battery contribute to a greater adoption of DERs. People can generate their own electricity. As a result, this creates new kind of utilities. The largest distributed solar providers are becoming the next utilities. Utilities evolve towards DER integrator & DER services market facilitator.
Smart mobility – a good move for the future is the lifeblood of smart city and modern society.
Growing urbanization and the increasing traffic congestion in cities has brought about many environmental and personal mobility challenges. Mobility refers to the solutions that make the transportation of goods and people more efficient, safe, sustainable and cost effective by using communications and digital technologies.
Today’s challenges of new forms of mobility, the future of ownership, and the smart use of new technologies to move people and goods through our city in faster, safer, cleaner, and more affordable ways will look very different.
We believe that new mobility solutions will be the disruptive technologies of the future – not just in terms of disrupting the technology of car manufacturing, but how we think about convenience and well-being life.
Revolutionize manufacturing by enabling the acquisition and accessibility of data, at far greater speeds, and drive for insight to help industry growth. Join us to get support from industry leader and get your solution ready to scale.
The Industrial Internet of Things has been seen primarily as a way to improve operational efficiency. But in today’s environment, it can be seen as a tool for finding growth in unexpected opportunities e.g. boost revenues by creating new hybrid business models, exploit intelligent technologies to fuel innovation and transform the workforce. We see a future where the intersection of people, data and intelligent machines will have far-reaching impacts on the productivity, efficiency and operations of industries around the world. With support from PTT on technical expertise and real-world playground. We invite you to join the creation of future, co-develop, and connect with potential customer in SEA through our network.
Under the rising population growth and demand for better quality of life, people will consume much more than they have ever consumed before. We want to save the beautiful world for our younger generations. In order to make basic needs available, fulfill the desire to commute and communicate, and eradicate the extreme poverty and hunger, while keeping the world intact, we need great mind entrepreneurs who want to defy the today status quo and innovative technologies which are cheaper, cleaner, and more accessible.