Nestlé Joins Thailand’s SPACE-F Food-Tech Accelerator Through MOU
Nestlé signed an MOU with Thailand’s National Innovation Agency, Thai Union and Mahidol University to join the SPACE-F food-technology incubator and accelerator program.
Nestlé Thailand reported the event on 2024-02-12. Nestlé signed an MOU with Thailand’s National Innovation Agency, Thai Union and Mahidol University to join the SPACE-F food-technology incubator and accelerator program. The confirmed stage is a signed cooperation MOU, which should not be extended into an undisclosed investment or completed outcome.
Nestlé says SPACE-F has operated since 2019, supported 60 Thai and international startups, and that those startups had raised more than USD 63 million collectively. These are program-level claims attributed to Nestlé, not an investment approval for a specific startup. All figures, plans and corporate claims remain attributed to the official source; no undisclosed investment, capacity, customer or completion status is inferred.
Note: This article is based on the listed public sources and is not investment, legal, tax or compliance advice. Thailand tax, VAT, WHT, BOI, customs, e-Tax or PDPA interpretations and responsibilities must be reviewed for the actual project by qualified professionals in Thailand.