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Thaioil Group Startup Programs & Corporate Open Innovation Analysis Energy & Environment · Energy

Thaioil Group is a full integrated petroleum and petrochemical refinery that empowers human life through sustainable energy and chemicals. It diversifies business for integrated and work to be in top quartile on performance and return on investment, to develop a high-performance organization that encourage teamwork, innovation and trust for sustainability, and to highlight good corporate governance and focus on corporate social responsibility. The company aims for growing stronger and stay in the business for more than 100 years. Thaioil Group was founded in August 1961 and is headquartered in Bangkok, Thailand.
thaioilgroup.com Bangkok, Thailand Founded Available with StartupBlink Pro

In StartupBlink's Corporate Startup Activity Index, Thaioil Group ranks #308 globally and #4 in Thailand. It ranks #23 in the Energy & Environment industry and #21 in the Energy subindustry.

Global
Corporate Startup Activity Index
#308
Industry
Energy & Environment
#23
Subindustry
Energy
#21
National · Thailand
Corporate Startup Activity Index
#4
More Ranked Corporates
Key metrics

Thaioil Group Startup Activity Metrics

Thaioil Group has supported 8 startups through programs and investments, with those companies raising a combined $366 million over the last ten years. The company currently operates 2 active startup programs.

Overview

Explore Thaioil Group's investments, startup programs, and corporate open innovation activity

Thaioil Group has deployed more than $26.4 million in startup investments through TOP Ventures and partnership programs, strengthening its position as one of the leading innovation-driven corporations globally.

The company currently runs 2 active startup programs supporting 8 startups worldwide across industries such as Energy & Environment, Fintech, Hardware & IoT, and Healthtech. Its venture arm TOP Ventures has invested in over 9 startups since it was founded in 2019.

The corporate-innovation activity is concentrated in Hardware & IoT, Healthtech, and Energy & Environment, categories where Thaioil Group's scale provides outsized leverage to early-stage startups.

Activity breakdown

Where Thaioil Group-associated startups operate

Sector, HQ-city and program-location breakdowns for the startups associated with Thaioil Group. Unlock the full breakdown with StartupBlink Pro.

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Sector, HQ-city, and program-location breakdowns for all 8 startups associated with Thaioil Group are part of StartupBlink Pro.

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Programs & CVC

Thaioil Group Startup Programs and Corporate Venture Capital initiatives

Thaioil Group engages startups through 2 active programs, supporting 8 startups in total based on our database.

TG
Thaioil Group — Corporate Self
Corporate Venture / Investment
Investment Program
1 startup
TV
TOP Ventures
Corporate Venture / Investment · est. 2019
Investment Program
TOP Ventures, the investment arm of Thai Oil Public Company Limited (TOP).
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List of Startups

Top startups associated with Thaioil Group

Thaioil Group's top 5 associated startups have raised 100% of the $366 million raised in the last ten years across all 8 associated startups, led by Everactive at $121 million. Thaioil Group is associated with 8 active startups. TOP Ventures supports the largest number of startups, with 9 associated startups.

Disclaimer: This is based on general open web search and prone to mistakes.

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Startups associated with Thaioil Group
StartupSB ScoreIndustryHQ cityLink Type to CorporationLinked via
XTENDXTENDSB 440Hardware & IoTTel Aviv-YafoProgram InvestmentTOP Ventures
UnaBizUnaBizSB 397Hardware & IoTSingapore CityDirect InvestmentThaioil Group — Corporate Self
Astar NetworkAstar NetworkSB 393FintechTokyoProgram InvestmentTOP Ventures
Showing 3 of 8 startupsExport to CSV →Pro

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Corporate Startup Activity Index · 2025

Global Corporate Open Innovation Rankings

Explore the top 372 corporations in StartupBlink's Corporate Startup Activity Index. Thaioil Group ranks #308 globally and #4 in Thailand. It accounts for 1.3% of the measured corporate startup activity in the Energy & Environment industry and 10.1% of the activity generated by corporations in Thailand. Unlock more granular data on each corporation with StartupBlink Pro.

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