Fairdee is the first startup approved by the Thai OIC to take part in the regulatory sandbox.
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The average ticket size of the vehicle will be between US$1.5 million and US$3.7 million with potential for follow on investments.
Brazil will become the 16th international market for Revolution Precrafted, which has recently expanded to South and Central America, the Caribbean, Middle East, and Europe.
The Danish venture capital firm will target startups that are aiming to solve at least one of the 17 issues included in the United Nations Sustainable Development Goals.
F&N Dairy Investments plans to purchase an additional 14.5 million shares to increase its stock ownership to 21 percent.