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Tech program launch

Thailand Launches SPACE-F Year 7

Analysis based on 6 articles · First reported May 01, 2026 · Last updated May 04, 2026

Sentiment
60
Attention
4
Articles
6
Market Impact
General
Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard

The launch of SPACE-F Year 7 by the Oman — Ministry of Higher Education, Science, Research and Innovation and its partners is expected to significantly boost Thailand's foodtech sector, attracting global startups and investments. This initiative, supported by entities like Thai Union Group, ThaiBev, Nestlé, and Foodland Ventures, will foster innovation in food production, sustainability, and health, potentially creating new market opportunities and enhancing Thailand's position as a regional food innovation hub.

Food and Beverage Technology Venture Capital

The Oman — Ministry of Higher Education, Science, Research and Innovation (MHESI), led by Prof. Dr. Yodchanan Wongsawat, along with the India — National Investigation Agency (NIA), Thai Union Group PCL, Mahidol University, ThaiBev Public Company Limited, Nestlé (Thai) Ltd., and new partner Foodland Ventures from Taiwan, launched 'SPACE-F Year 7'. This program is Thailand's first global foodtech startup incubator and accelerator, aiming to solve food industry challenges through sustainable innovation. The program features 20 startups from 10 countries, focusing on Proof of Concept (POC) strategies to achieve commercialization on an international scale. MHESI plans to present food innovation products from these startups to the Cabinet to raise awareness that FoodTech is Thailand's new future. The initiative also emphasizes the Wellness Economy as a new growth engine, aiming to position Thailand as a global Wellness Tourism Hub. The SPACE-F program connects startups with large industrial corporations and investors, providing access to expert networks, advanced laboratories, and fundraising capabilities, while allowing startups to retain full ownership of their innovations.

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Yodchanan Wongsawat, as Deputy Prime Minister and Minister of Higher Education, Science, Research and Innovation, is a leading figure in launching SPACE-F Year 7 and advocating for food technology as Thailand's future.
Importance 70.0 Sentiment 50.0
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Thai Union Group PCL is a co-founding partner of the SPACE-F program, supporting the development and testing of food innovations, particularly in future protein products, and maintaining a 'No Equity Taken' approach for startups.
Importance 70.0 Sentiment 40.0
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ThaiBev Public Company Limited is a key partner and sponsor of the SPACE-F program, emphasizing continuous research and development and providing business and technological guidance to foodtech startups.
Importance 60.0 Sentiment 30.0
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Foodland Ventures, a Venture Capital firm from Taiwan, has joined SPACE-F as a strategic partner to help foodtech startups expand into international markets, providing investment and business strategy consultation.
Importance 60.0 Sentiment 40.0
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Terra Bioindustries is one of the 20 startups participating in SPACE-F Year 7, focusing on upcycling agricultural and food industry waste into high-value ingredients.
Importance 20.0 Sentiment 20.0
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Nucaps Nanotechnology is a startup in SPACE-F Year 7, developing functional protein ingredients using microencapsulation technology to enhance nutritional value and improve taste.
Importance 20.0 Sentiment 20.0
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BeNature BioLab is a startup in SPACE-F Year 7, developing functional ingredients using nano and microencapsulation technology from natural proteins.
Importance 20.0 Sentiment 20.0
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Kinava is a startup in SPACE-F Year 7, converting food waste into biofertilizer, biochar, and biogas using HydroThermal Carbonisation (HTC) technology.
Importance 20.0 Sentiment 20.0
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ComexSoft is a startup in SPACE-F Year 7, providing a near real-time market intelligence platform that collects and organizes retail data for accurate decision-making.
Importance 20.0 Sentiment 20.0
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Protinos is a startup in SPACE-F Year 7, producing high-protein noodles from egg whites and soybeans to help care for and protect health.
Importance 20.0 Sentiment 20.0
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SicPama is a startup in SPACE-F Year 7, offering a QR ordering and payment platform with a CRM system for restaurants.
Importance 20.0 Sentiment 20.0
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Nourish Ingredients is a startup in SPACE-F Year 7, creating high-performance animal-free fats via precision fermentation for plant-based alternative foods.
Importance 20.0 Sentiment 20.0
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Kresko RNAtech is a startup in SPACE-F Year 7, developing nutrients from biological RNA using AI and biotechnology for dietary supplements.
Importance 20.0 Sentiment 20.0
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Agrifreeze is a startup in SPACE-F Year 7, developing freezing technology using Electromagnetic Fields (EMF) to reduce food damage and maintain quality.
Importance 20.0 Sentiment 20.0
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Eatwell Concept is a startup in SPACE-F Year 7, offering an AI-powered personalized therapeutic diet platform for NCD patients.
Importance 20.0 Sentiment 20.0
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