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Mr. Jirapat Janjerdsak, Chief Technology Officer of SIRI VENTURES Co., Ltd<\/strong>, a joint venture between Sansiri Public Company Limited and Siam Commercial Bank that focuses on full-scale research and development of Property Technology (Prop Tech), said it plans to launch \u201cSIRI VENTURES Private PropTech Sandbox\u201d<\/strong> in 2019. Siri Ventures will be the first company that uses this model to develop its living technology for Sansiri\u2019s customers. After a year since its inception, Siri Ventures has invested in startups, funds of funds and research and development with other organizations with a total value of over 300 million baht. This would be a significant push to create innovations and new Prop Tech in Thailand.<\/p>\n <\/p>\n Disclose new innovation from Prop Tech startups in 2018 <\/strong><\/p>\n The company has started to adopt the technology and innovation of the startups that it invested in Sansiri\u2019s residential projects, for example, Semtive, a developer of electric wind turbine for accommodations, Astralink, a developer of 3D technology application for controlling the construction in real time, the launch of Sansiri Home Service Application that is developed with AI technology to support the human-like voice command system developed by Onion Shack, AppySphere, a home automation developer, Farmshelf, the US-based startup that develops the automated planting in accommodation, and Neuron, an e-scooter developer from Singapore.<\/p>\n <\/p>\n Support startup ecosystem & Bring Thai startups to Silicon Valley<\/strong><\/p>\n The company has promoted the startup ecosystem through the partnership with 12 Thai and global technology partners. In 2018, Siri Ventures have joined hand with a<\/p>\n plenty of partners such as Startup Thailand, Microsoft Thailand, dtac accelerate, Hubba Thailand and Unicef. Sansiri is Thailand\u2019s first company that is selected to be UNICEF\u2019s Selected Partner. Besides, it also forms the partnership with accelerators, universities and the government\u2019s agencies that promote the growth of startup ecosystem. In addition, it has co-organized the events such as Techsauce Global Summit 2018 and Startup Thailand 2018, brought Thai startups to attend the hackathorn in Silicon Valley and teamed up with Google Developer Thailand to hold an upcoming hackathorn on December 15-16.<\/p>\n Join <\/strong>\u201c<\/strong>China Renaissance\u201d <\/strong>to build the startup network in China<\/strong><\/p>\n Apart from investing in startups, Siri Ventures has cooperated with global startup platform such as \u201cPlug and Play\u201d from Silicon Valleys in the United States and \u201cSOSA\u201d from Israel. Both are the network of almost 10,000 startups worldwide. Recently, it has co-invested with \u201cChina Renaissance\u201d in China\u2019s giant fund \u201cHua Xing\u201d. Hua Xing has more than 20 unicorns in the portfolio, which will help Siri Ventures link with high potential PropTech startups in China faster.<\/p>\n <\/p>\n Investment in the US giant fund and two startups in Q4\/2018<\/strong><\/p>\n \u201cIn the last quarter of this year, the company has made the investment in Fifth Wall Ventures, the US-based venture capital firm that focuses on PropTech worldwide, which will help Siri Ventures discover potential PropTech startups in a faster pace. Besides, we have also invested in two startups. One is Singapore-based Techmetics, one of the two delivery robot developers in the world. For the first time in Thailand, Sansiri has adopted \u201cSandee\u201d robots in The Monument Sanampao project. Not only in Thailand, other countries around the world also give a good feedback to Techmetics\u2019 delivery robots. Nowadays, Techmetics opens more branches in Silicon Valley in the United States and develops service robot to serve leading hotels such as Marriott Silicon Valley, Yotel New York and Miami as well as hospitals in Australia and Taiwan. It also plans to expand its branches into Canada and Europe next year. The other investment we\u2019ve made is Neuron, a Singaporean developer of e-scooter, which has implemented in Thai property projects for the first time. Now it is on trial at Habito in T77 community and D Condo project in Chiang Mai,\u201d added Mr. Jirapat<\/strong>.<\/p>\n<\/a><\/p>\n<\/a><\/p>\n<\/a><\/p>\n