MOI and Delta Announce 2023 Angel Fund for Startups Award Winners and 5,000,000 THB in Funding

Bangkok, Thailand, September 29, 2023-Delta Thailand joined hands with the Ministry of Industry (MOI) and the Department of Industrial Promotion (DIProm) to host the Delta Angel Fund for Startups 2023 awards ceremony. Delta awarded a total of 5,000,000 baht in corporate sponsorship funds to 10 teams with 1,000,000 baht going to the 1st Prize winner team BioNext.

The Ministry of Industry and Delta presented Angel Fund for Startup certificates and Delta awarded sponsorship funds to ten prize-winning teams. The First Prize team received 1,000,000 baht and other top prize teams received from 850,000 Baht to 100,000 Baht in sponsorship funds.

The 10 prize-winning teams for Delta Angel Fund for Startup 2023 are:

1. First Prize: BioNext
Project: A patented technology that can reduce GHG emissions by converting nata de coco waste to a natural food stabilizer and eliminating combustion waste removal processes.
2. Second Prize: PAPA PAPER
Project: A unique recycled paper with fire resistant, water repellent and anti-fungal properties and strong enough for packaging material.
3. Third Prize: BrainTeazer
Project: One of the few solutions in the world that can convert a wide variety of food waste into polymer for biodegradable plastics used in applications from construction to packaging.
4. Fourth Prize: WhiteTiger
Project: A no-waste product that converts tiger peanuts to milk and uses shells for packaging. Tiger peanuts are easily grown non-deforestation local crops and are a cheaper ingredient.
5. Fifth Prize: OneTenPlus
Project: A local modular highly customizable product integrated into Industrial Automation for IoT.
6. Sixth Prize: Aquatrek Solution
Project: A locally developed and certified hydrotherapy machine for pets and humans with access via a user-friendly app.
7. Seventh Prize: NOVA
Project: A locally developed solar micro inverter with comparable features to established brands and allows third-party program integration not available in most other brands.
8. Eighth Prize: SENOVATE AI
Project: A solution using sensors, IoT and AI to monitor cows for health and reproduction management.
9. Ninth Prize: BrainXSolution
Project: A solution to rehabilitate brain trauma patients with a neural simulation that also assists in upper limb rehab. Doctors can use it to treat multiple patients at the same time online.
10. Tenth Prize: Asta A
Project: A fully integrated solution for algae cultivation from designing reactor systems and production (pilot to commercial scale) to selective breeding to match customer needs.

Delta has provided over 28 million baht of funding to almost 200 top winning teams to support the commercialization of smart industrial and energy-related products in the Thai market. The Delta Angel Fund for Startups is a key pillar in local innovation and Thailand 4.0 development.

About the Author (Editorial Team)

Delta Thailand

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