ORZON Ventures

ORZON Ventures is a growth-stage venture capital firm that invests in early-stage companies across Southeast Asia, focusing on technology and consumer sectors. The firm was established in October 2021 as a joint venture between PTT Oil and Retail Business Public Company Limited (OR) and 500 TukTuks, a subsidiary of 500 Global. ORZON Ventures aims to support high-potential startups in Thailand and neighboring countries by providing capital, access to customers, and integration into OR's extensive ecosystem.

The firm's investment strategy targets Series A to B startups in sectors such as Mobility, Smart Retail, Lifestyle, Health & Wellness, and Travel. By leveraging OR's market leadership in the oil retail industry and 500 TukTuks' experience as a leading venture capital fund in the region, ORZON Ventures seeks to create new S-Curve businesses and foster inclusive growth. The firm offers startups access to OR's large ecosystem, including its 1,967 PTT stations in Thailand, 7 million PTT Blue Card members, and 3,500 Café Amazon shops.

Since its inception, ORZON Ventures has made several strategic investments to bolster the Southeast Asian startup ecosystem. Notable investments include a Pre-Series A funding round in SLEEK EV, a Singapore-based electric vehicle company, and a Series A investment in Hungry Hub, a Thai platform for restaurant and hotel reservations. These investments align with ORZON Ventures' mission to empower Southeast Asian founders and drive innovation in the region.