• Rambler

Rambler Secures 1.5 Million Baht in Funding from TED Fund

Updated: Feb 27



With the support from TECHBITE Incubator Program, we are honored to announce that Rambler finally received 1.5 Million Baht fund from the POC program of TED Fund together with the Ministry of Higher Education, Science, Research and Innovation, and National Innovation Agency.



Technology and Innovation-Based Enterprise Development Fund - TED Fund



TED Fund - Technology and Innovation-Based Enterprise Development Fund, is a fund supporting tech-driven startups in Thailand provided by the Ministry of Higher Education, Science, Research and Innovation, and National Innovation Agency.


TED Fund has 4 main grant programs including

-IDEA Program with 100,000 baht fund

-Innovation Lab Program with 500,000 baht fund

-University Seed Grant Program with 750,000 baht fund -Incubator Incentive Program with 1,500,000 baht fund


Rambler received an Incubator Incentive Program with 1,500,000 baht in funding which will be used to prove the concept of the business including market test and prototype development.


TECHBITE Incubator Program by KX


TECHBITE PERFORMANCE 2021


Throughout the incubator program, TECHBITE had been supporting Rambler with experienced mentors and insightful advice. As a result, Rambler will continue to collaborate and join forces with TECHBITE to keep developing the business and drive innovations.



About TECHBITE


Techbite is a tech venture building incubation/acceleration program by KX. We bring in experienced teams and founders to validate, found, and operate startups and support them with services like business consulting, software house, legal, HR, fundraising, etc. We build scalable and investable startups focused on corporate innovation for the most ambitious organizations in South East Asia.



Sources: http://www.tedfund.most.go.th/

https://kxinnovation.com/

https://www.nia.or.th/

https://techsauce.co/pr-news/kx-techbite-demoday2021

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