ORZON Ventures
43 Thai CC Tower Building, 34th Floor, Room No. 348-349, South Sathorn Road, Yannawa Sub-district, Sathorn District, Bangkok, Thailand
Overview
ORZON Ventures is a venture capital firm that focuses on investing in promising start-up companies. The company is located in Thailand.
- Total investments
- 7
- Lead investments
- 1
- Investments · 12mo
- 3
- Active investors
- 1
Sector focus
- Finance
- Financial Services
- Venture Capital
Investment portfolio
- Graas
Participated · Series B · Aug 2026
Graas, founded in 2022 and based in Singapore, builds AI tools for retail commerce centered on its Commerce Knowledge Graph, which the company says draws on more than $1 billion in live commerce transactions. Its platform deploys AI agents that recommend and sell across text, voice and vision and serves enterprise customers including Unilever, Puma and Schneider Electric across Australia, Southeast Asia and the Gulf. In its announced Series B, Graas raised $17 million and concurrently acquired Trustana to add product-data enrichment and structuring capabilities to its database. The acquisition adds Trustana’s customers—such as David Jones, Chemist Warehouse and Toys"R"Us—and expands Graas’s geographic reach. Graas and Trustana are both based in Singapore, and the combined offering is positioned to deepen Graas’s data integration across product, customer and inventory sources.
- Jago Coffee
Participated · Series B · Feb 2026
Jakarta-based Jago Coffee runs a network of fully electric carts serving freshly prepared coffee and other beverages across residential areas, commercial precincts, and transit hubs in Indonesia. Customers can either walk up to the roaming carts or order through the company’s mobile app, which locates and dispatches the nearest barista to their location. By bypassing traditional brick-and-mortar cafés, Jago keeps overhead low and offers café-quality drinks at prices aimed at the mass market. The company emphasizes convenience, accessibility, and cost efficiency while seeking to scale its tech-enabled operations. With fresh capital, Jago plans to widen its cart footprint nationwide and further develop its in-house technology platform to support growth. The model positions the startup to capture Indonesia’s growing demand for affordable, high-quality coffee without the constraints of fixed retail space.
- Sleek EV
Participated · Series A · Feb 2026
Sleek EV is an IoT-enabled electric motorcycle manufacturer focused on urban mobility and vehicle electrification. Headquartered in Singapore with operations in Thailand, the company integrates hardware, software and charging solutions to support the shift toward sustainable transportation. Its product ecosystem couples electric scooters with the proprietary S-Charge battery-swapping network and accompanying software layer. Fresh capital will fund an expanded production facility in Thailand’s Eastern Economic Corridor, accelerate R&D in software and artificial intelligence, and boost the S-Charge network by more than seven-fold. Sleek EV is also forging deeper collaborations with partners such as PTT OR, Krungsri Auto, Toyota Tsusho and Grab while developing new relationships with dealers and regulators to set industry standards. Long-term, the firm seeks to build a full-stack electric motorcycle ecosystem spanning manufacturing, charging infrastructure and software services. CEO and co-founder Kantinan Tunveenukoon aims for Sleek EV to become Thailand’s leading electric motorcycle brand by the end of 2026. The recent US$8.5 million Series A tranche provides critical resources to execute this expansion.
- GlobalTix
Participated · Series B · Oct 2024
GlobalTix provides ticketing software and a marketplace distribution platform serving the tourism industry across Asia. The company was launched in 2013 and is headquartered in Singapore. It claims to host over 150,000 experiences, work with 12,000 travel agents, and issue more than 12 million tickets annually. GlobalTix has offices across Asia, including China, India, Indonesia, Japan, Korea, Malaysia, the Philippines, Thailand, and Vietnam. The firm raised S$6.5 million (about $5 million) in a Series B round and plans to use the funds to strengthen its foothold in APAC. Management says it will deploy AI and predictive analytics to identify trends and enhance its technology offerings.
- Ai Palette
Led · Series A · May 2024
Ai Palette is an AI-first platform that maps the concept-to-launch journey for consumer packaged goods (CPG) companies, using AI and machine learning to streamline new product development and optimize product portfolios. Its patented technology analyzes 61 billion data points from more than 150 data sources in real time and its natural language processing can understand over 18 languages, including Asian languages. The company works with major CPG and beauty firms—clients cited include ADM, Diageo, Mane, Olam, Kellogg's, Nestle and Himalays—and in 2024 expanded into beauty, personal care and nutraceuticals with a focus on generative AI capabilities. Headquartered in Singapore, Ai Palette announced a $500K Series A1 extension from Orzon Ventures in May 2024 to accelerate expansion in Southeast Asia. The funding is intended to fortify its market position and growth in the region, and the announcement highlights a strategic collaboration to unlock synergies with PTT Oil and Retail Business Public Company Limited (OR). Orzon Ventures’ investment is presented as validation of Ai Palette’s technology and market approach and the partnership will leverage OR’s network of over 2,200 fuel retail outlets and 4,000 Cafe Amazon stores. Ai Palette provides an insights-driven platform for the consumer packaged goods (CPG) industry, offering real-time trend tracking and rapid product concept creation. Its technology uses predictive analytics and natural language processing to process over 61 billion data points and delivers insights in 18+ languages. Global CPG leaders such as Nestle, Kelloggs, and Diageo use the platform. In 2023 Ai Palette launched FoodGPT, a Generative AI tool for the food and beverage industry. The company operates an engineering hub in India and sells from a U.S. sales headquarters while being based in Singapore. In March 2024 it raised US$5.8M in Series A1 funding and plans to use the proceeds to expand operations and development efforts. Ai Palette builds a machine-learning platform, Foresight Engine, that tracks social, search and other data to identify trending ingredients, flavors and product formats and predict demand trajectories. Its clients include major CPG firms such as Danone, Kellogg’s, Cargill and Dole. The platform provides contextual signals (consumption occasion, pairings, format) and identifies white-space opportunities to accelerate product development timelines from years to months. Ai Palette supports 15 languages and prioritizes market-specific data sets (local recipes, food delivery apps) to inform predictions across regions. The company was founded in 2018 by Somsubhra GanChoudhuri and Himanshu Upreti after meeting at Entrepreneur First, and is based in Singapore with an engineering hub in Bangalore. It plans to use new funding to expand into more markets and hire additional engineering and data-science talent.
Team
Pahrada Sapprasert
Managing Partner
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