What InnoSpace Thailand does

InnoSpace Thailand is a Bangkok-based entity founded in 2019 and structured as a joint venture between the public and private sectors. The "InnoSpace" naming convention and JV architecture are consistent with a Thai innovation hub, startup incubator, or co-working/innovation-space platform intended to connect government programs, corporates, and early-stage ventures. Leadership is currently constituted by Tortrakul Wattanawarakijkul in an acting CEO capacity, suggesting interim governance typical of state-linked or multi-stakeholder vehicles.

No core products, proprietary technology stack, pricing model, customer list, or revenue mechanics are disclosed in the available data. The company's own website (innospacethailand.com) currently renders only a verification/loading screen with no substantive corporate content, which limits any technical or commercial characterization. Similarly, there is no evidence of funding rounds, partnerships, certifications, headcount figures, awards, or operating geographies beyond the Bangkok headquarters.

As a result, the commercial model cannot be specified from the input. The most defensible reading is that InnoSpace Thailand operates as a publicly-backed innovation intermediary whose revenue, if any, derives from government grants, corporate sponsorship, membership fees, or program-related services — but none of these revenue streams is confirmed in the source material. Any deeper assessment of products, pricing, customers, or unit economics must await additional disclosure.

Name

InnoSpace Thailand

Website

https://innospacethailand.com

Company type

Private

Founded year

2019

Short description

InnoSpace Thailand is a Bangkok-based joint venture between the public and private sectors, founded in 2019 as a Thai innovation hub. It is led by acting CEO Tortrakul Wattanawarakijkul and serves as an intermediary connecting government, corporate, and startup stakeholders.

Ownership category

akta.pro rank

Product category

Innovation Incubation Services

NAICS

Management of Companies and Enterprises (55111)

SIC

Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Digital Development & ICT4D / GovTech Technical Assistance (BPADAEAL)

akta.pro secondary industry

Strategy & IT Advisory (BPAEAAAA)

Keywords

• Joint venture services
• Public-private partnership
• Innovation programs
• Startup incubation
• Research development

Headquarters

HQ city

Bangkok

HQ country

Thailand

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations

Core offering

InnoSpace Thailand is a privately-held joint venture between the public and private sectors, founded in 2019 and headquartered in Bangkok. The company name and joint-venture structure suggest it operates as an innovation hub supporting technology and entrepreneurship initiatives in Thailand, though specific service details are not documented in available source material.

Differentiator

Problem solved

Functional benefit

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves2 records

Direct peers

• Digital Economy Promotion Agency (depa): Thai government agency driving digital transformation and innovation grants. As a public-private JV focused on digital development, InnoSpace Thailand would operate in depa's mandate area and may partner with or compete for similar program funding.
• AIS The StartUp: AIS (a major Thai telecom) operates a startup incubation and venture program based in Bangkok. As a Thailand-located corporate-backed innovation program, it is a direct functional comparable.
• National Innovation Agency (NIA): Thai government agency funding and developing innovation-driven enterprises. A public-private innovation JV would sit within NIA's policy ecosystem and compete for similar innovation grants.
• SCB 10X: Siam Commercial Bank's venture and innovation arm based in Bangkok. Operates accelerators and invests in Thai startups, providing a comparable private-sector-led innovation vehicle.
• True Digital Park: Bangkok-based innovation campus and coworking hub operated by True Corporation. Targets startup and enterprise tenants with workspace, programs, and event facilities — directly comparable to what an InnoSpace-branded hub would offer in Thailand.
• dtac Accelerate: dtac's startup accelerator and innovation program operating in Bangkok. Comparable as a Thailand-headquartered telecom-backed platform supporting early-stage ventures.

Regional players

• NSTDA (National Science and Technology Development Agency): Thai government R&D agency supporting technology development. A public-private innovation JV in Bangkok would be adjacent to NSTDA's mandate and may collaborate on national technology programs.

Emerging players

• PTT Innovation Lab: Energy major PTT's Bangkok-based innovation initiatives targeting startups and corporate venturing. Comparable as a Thai corporate-backed innovation program with similar structural positioning.

Market position

Strengths3 records

Weaknesses3 records

Competitive moat2 records

Key risks4 records

Key highlights3 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments17 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about InnoSpace Thailand