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TOP Ventures

TOP Ventures

Overview

TOP Ventures is the corporate venture capital (CVC) arm of Thai Oil Public Company Limited, Thailand's largest refinery. Established in 2019, the firm invests globally in startups and funds, with a focus on manufacturing technology, sustainability, and hydrocarbon disruption technology. It primarily targets early-stage, Deep Tech companies in sectors like carbon capture, bio-based materials, specialty materials, and hydrogen. TOP Ventures aims to create mutual value and accelerate the growth of science and engineering technology startups in Southeast Asia.

Portfolio Companies

6

Investments

TOP Ventures investments
CompanyDateStageLead
XTendNov 2021Series ACo-investor
Supercritical SolutionsMar 2025Series ACo-investor
ViridiCO2 Ltd.Nov 2026SeedCo-investor
EveractiveJan 2021Series CCo-investor
Incredible JuiceJul 2023SeedCo-investor
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Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

Portfolio analytics

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

Portfolio analytics

Caplight clients see yearly investment pace and funding raised over time.

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FAQ

Where is TOP Ventures based?

TOP Ventures is headquartered in Bangkok.

When was TOP Ventures founded?

Founding year information for TOP Ventures is not publicly available.

How many portfolio companies does TOP Ventures have?

TOP Ventures has 6 portfolio companies in Caplight's dataset.

What are some companies in TOP Ventures's portfolio?

Portfolio companies visible on Caplight include XTend, Supercritical Solutions, ViridiCO2 Ltd., Everactive, Incredible Juice.

What was TOP Ventures's most recent investment shown here?

TOP Ventures's most recent investment in this portfolio sample was in ViridiCO2 Ltd. in 2026.

What sectors does TOP Ventures focus on?

TOP Ventures focuses on Frontier & Industrial Tech, Consumer & Commerce, Frontier & Industrial Tech, Energy & Sustainability, Energy & Sustainability, Consumer & Commerce, Healthcare & Life Sciences, Frontier & Industrial Tech, Cybersecurity, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, Healthcare & Life Sciences.

What company stages does TOP Ventures focus on?

TOP Ventures typically invests at the Early stage.

Firmographic Details

HeadquartersBangkok
Year FoundedN/A

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