Venture Lab Company

What Venture Lab Company does

Venture Lab Company Limited, founded in 2019 and headquartered in Bangkok, Thailand, is a venture builder that develops and scales a portfolio of digital startups while delivering corporate innovation services. The firm was created in 2019 and operated as an internal business unit of MFEC Public Company Limited — a Thai-listed IT services company — before spinning out as an independent entity in 2022, retaining strategic and reputational linkage to MFEC. Its stated service lines are Innovation-as-a-Service consulting, a Startup Studio for co-building ventures, an investment arm, and the Venture Lab Academy for capability development.

The portfolio comprises eight disclosed products spanning four verticals. HR Tech is represented by Talance, an on-demand tech-talent marketplace. Marketing Tech is anchored by CrowdAbout, a consumer-insights platform with AI-based fraud detection operating a panel of 200,000+ respondents and serving 100+ organizations. Web3 is represented by Simdefi (DeFi scanner) and Seedtopia (multi-chain decentralized IDO co-investment). Health Tech spans Skinlog (AI-powered skincare recommendation), Skinplanet (online acne clinic with AI pre-diagnosis), and Healthbuddy (healthcare chatbot for AI-driven diagnosis and triage), all built on doctor-trained AI models and supported by an anchor partnership with Samitivej Hospital. NextFluence, launched in July 2024, adds an AI-generated nano-influencer platform.

Revenue is generated through a hybrid model: custom enterprise Innovation-as-a-Service engagements with corporates such as Samitivej Hospital and Siamsport, equity participation and co-build economics via the Startup Studio, training and enrollment fees from the Venture Lab Academy, and consumer-facing or transactional revenue from portfolio products (e.g., CrowdAbout panel subscriptions). The 11–50 employee organization deliberately pursues simultaneous vertical diversification rather than concentrating on a single anchor product, which spreads execution risk but limits per-asset focus. Financial figures are not publicly disclosed.

Name

Venture Lab Company

Legal name

Venture Lab Company Limited

Website

https://venturelab.tech

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

Venture Lab Company is a Bangkok-based venture builder, spun off from Thai-listed MFEC in 2022, that incubates and scales digital startups across HR tech, marketing, healthcare, and Web3 while delivering Innovation-as-a-Service consulting, co-building, and training to enterprise clients.

Ownership category

akta.pro rank

Product category

Venture Building / Innovation Consulting

NAICS

Management Consulting Services (54161)

SIC

Services-Management Consulting Services (8742)

akta.pro primary industry

Venture Studios / Company Builders (FSANAAAH)

akta.pro secondary industries

Corporate Venture Studios & Incubators (Build/launch ventures) (FSANAHAC), Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)

Keywords

• Venture building services
• Startup studio
• Corporate innovation consulting
• Startup incubation
• Business transformation

Headquarters

HQ city

Bangkok

HQ country

Thailand

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Innovation-as-a-Service: Corporate innovation consulting services helping organizations transform and innovate in startup ways. Services include design thinking workshops, business strategy, generative AI training, and innovation mindset programs.
2. Startup Studio / Co-building: Building startups internally and co-building with corporations. Revenue generated through equity ownership and eventual exits.
3. Investment Returns: Direct investment in startups with potential. Participation varies from being a shareholder to co-building with founders. Returns through equity appreciation and exits.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Venture Lab Company Limited is a Thailand-based venture builder offering three core service lines: Innovation-as-a-Service (corporate innovation consulting using startup methodologies), Startup Studio (co-building and investing in startups alongside founders), and Venture Lab Academy (corporate training in design thinking, business strategy, and generative AI). The company also operates a portfolio of seven product companies across health tech, HR tech, consumer insights, and Web3.

Product overview

Venture Lab Company operates as a venture builder in Thailand offering a portfolio of distinct products and services. The company provides three core service offerings: Innovation-as-a-service (helping corporations innovate using startup methodologies), a Startup Studio (building and investing in disruptive startups), and Investment services. The portfolio includes seven distinct startup products: Talance (tech talent on demand), Crowdabout (market research with AI-powered consumer insights via Crowdster platform), Simdefi (DeFi protocol scanner), Seedtopia (decentralized IDO investment platform), Skinlog (AI-powered skincare recommendations), Skinplanet (online acne clinic with AI pre-diagnosis), and Healthbuddy (AI chatbot for medical triage). Additionally, Venture Lab Academy provides corporate training in Business Innovation, Business Strategy, and Generative AI. The company focuses on Health Tech, SaaS, HR Tech, and Mar Tech industries while leveraging technologies including AI & Machine Learning, BigData, Blockchain, and Web/Mobile Applications.

Differentiator

Problem solved

Functional benefit

Brands

• Venture Lab Academy: Corporate training service focused on Business Innovation, Business Strategy, and Generative AI
• Talance
• Crowdabout
• Simdefi
• Seedtopia
• Skinlog
• Skinplanet
• Healthbuddy

Quantifiable outcome

• 10X more visits within first 4 months of execution for telemedicine project
• +2 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability14 records

Feature3 records

Partnerships

Two partnerships are on record, tiered minor and core.

• K. Boyd KosiyabongminorStrategic or Co-development PartnerJoint venture partnership for Fanster - Thailand's first social media platform engaging influencers and their fans. K. Boyd Kosiyabong provides entertainment industry expertise and celebrity relationships while Venture Lab provides technology and startup building capabilities.
• Samitivej HospitalcoreStrategic or Co-development PartnerProject partner for multiple healthcare innovation initiatives including TytoCare home medical device launch, Health Buddy chatbot, and telemedicine adoption acceleration projects. Samitivej provides healthcare domain expertise and patient access while Venture Lab provides innovation methodology and technology implementation.

Scale indicators9 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Science Inc. Los Angeles startup studio that builds, launches, and scales consumer technology companies. Comparable in-house venture studio with operating support and equity ownership model.
• Antler: Global venture builder with strong Southeast Asia presence that ideates, builds, and funds early-stage startups from inception. Highly comparable as a structured venture studio model rather than a pure fund.
• Highline Beta: Corporate venture builder that helps large enterprises launch new ventures and co-builds startups with corporate partners. Closely comparable to Venture Lab's Innovation-as-a-Service + co-build approach.
• NEXEA: Malaysia-based venture builder and investor focused on Southeast Asian startups, providing co-building, funding, and mentorship. Direct regional peer with similar studio-plus-investment hybrid model.
• Betaworks: NYC-based startup studio that builds, funds, and operates its own portfolio of internet and AI companies. Direct functional peer in venture studio mechanics and equity-based returns.
• Hexa: European startup studio (formerly eFounders) that builds and launches SaaS companies from scratch in-house. Comparable model of in-house ideation, validation, and equity-based venture creation.
• Idealab: One of the longest-running US venture studios, founding and operating dozens of internet and technology companies. Comparable as a multi-vertical, in-house venture creation engine.

Broad incumbents

• Plug and Play Tech Center: Global innovation platform and startup accelerator with corporate partnerships. Comparable as a broader incumbent offering innovation services, corporate venture building, and startup ecosystem support.

Regional players

• Monk's Hill Ventures: Pan-Southeast Asia early- and growth-stage venture capital firm with active presence in Thailand and Singapore. Comparable as a regional investor backing Thai founders and tech-enabled businesses.
• Wavemaker Partners: Southeast Asia-focused early-stage venture capital firm with a hands-on, studio-like approach. Comparable as a regional early-stage investor building companies in Thailand and SEA.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCayqPKBoWPzElY1y6cVSjBQ
• Facebookfacebook.com/venturelab.venturebuilder
• Instagraminstagram.com/explore/locations/471823149973662/mfec-pcl-development-center
• LinkedInlinkedin.com/company/venture-lab-company-limited

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries7 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Venture Lab Company