Beacon VC is a wholly-owned corporate venture capital fund of Kasikornbank PLC (SET: KBANK), a leading commercial bank in Thailand with the highest mobile penetration and largest SME base. With an initial fund of $30 million, Beacon VC focuses on strategic investments in early to growth-stage technology startups covering not only financial technology (fintech), but also consumer internet and enterprise technology. In 2022, Beacon VC expanded its fund size to $255 million.
What We Invest
Synergistic: Aiming for deep collaborative engagement between KBank and startups through long-term partnership
Opportunistic: Laying foundation for tech breakthrough and new S-curve of banking business
Impact: Solving humanity's most imminent threats and elevating business practices for the banking industry
Sector
Future of Finance: Redefine how consumers and businesses earn, save, spend, and grow money
Future of Commerce: Rethink the experience of commerce from enabling better consumer experience to more efficient business operations
Future of Living: Reimagine the way consumers live, work, and play
Future of Impact: Redirect the trajectory of humanity by tackling the hottest ESG agenda
Geography
Agnostic: Global investments with a goal of supporting technology and innovation in Thailand and Southeast Asia
Stage
Early (post-revenue) to growth stage: Post-revenue companies with strong customer acceptance which are preparing to scale into mass markets