Beacon Venture Capital Company Limited (Beacon VC), the corporate venture capital arm of KASIKORNBANK (KBank), continues to drive sustainability through the Beacon Impact Fund, announcing strategic investments in startups and venture funds developing measurable and scalable ESG-focused solutions. The latest investments span three ventures: Quantified Energy, a leader in solar panel inspection technology; Arkadiah Technology, a provider of end-to-end reforestation and carbon credit solutions; and Raisewell Ventures, a fund supporting deep-tech startups in the US. Total disbursements are now at USD 17 million, or approximately THB 600 million, underscoring Beacon VC’s commitment to driving innovations that deliver positive impact and fostering sustainable growth among startups in the region.
Mr. Thanapong Na Ranong, Managing Director of Beacon VC, said, “As KBank’s venture capital arm, Beacon VC remains committed to supporting innovations that create positive social and environmental impact through the Beacon Impact Fund. The Fund is part of KBank’s sustainable finance and investment initiatives, focusing on direct investments in startups or via global venture capital funds that develop solutions, innovations, and technologies addressing environmental, social, and governance (ESG) challenges. This aligns with KBank’s sustainability strategy to be a trusted bank, enabling readiness for the future and fostering inclusive and broad-based growth.”
To date, the Beacon Impact Fund has deployed USD 17 million, or around THB 600 million, to generate measurable positive impact across various ESG dimensions with strong potential for wide-scale expansion. This reaffirms the Fund’s commitment to promoting sustainability and inclusive economic development across Southeast Asia and beyond. For 2025, the Fund has announced three additional strategic investments:
- Quantified Energy (QE) – A Singapore-based startup specializing in solar panel inspection technology for utility-scale solar farms, using automated drones equipped with electroluminescence (EL) mapping solutions. The technology offers superior accuracy in measuring energy loss and faster inspection speeds compared to traditional methods. QE’s solution is widely used across Asia, Europe, Oceania, and the Middle East, and the company holds a world record for inspecting more than 1 million solar panels within a three-week span, enhancing operators’ capacity to evaluate energy losses with a high degree of accuracy and operational efficiency.
- Arkadiah Technology – A Singapore-based startup offering comprehensive reforestation project development to reduce carbon dioxide emissions, ranging from feasibility studies to carbon credit registration with leading global standards such as Verra and Gold Standard, including distribution via its partner network. A key strength of Arkadiah is its highly accurate digital monitoring, reporting, and verification (dMRV) service, powered by proprietary AI technology that processes satellite imagery and LiDAR data. This enables precise carbon credit monitoring and measurement, enhances project financial returns, and supports the launch of new reforestation initiatives.
- Raisewell Ventures – A Silicon Valley-based impact fund investing in deep-tech startups in the US and Southeast Asia, with a strategic focus on Thailand. The fund targets early- to mid-stage companies in three main sectors: climate tech, supply chain manufacturing, and health tech. Its goal is to facilitate cross-regional knowledge and resource sharing, supporting the development, scaling, and regional expansion of innovative ventures.
Mr. Thanapong added, “Beacon VC continues to seek investment opportunities in startups and venture funds capable of elevating capabilities and advancing technologies across all dimensions of ESG, covering environment, climate, society, and governance. A key factor in investment consideration through the Beacon Impact Fund is “measurable positive impact” in areas relevant to the startup’s business, which we expect founders to adopt as a primary guideline for driving sustainable business growth based on ESG principles. Beacon VC is ready to act as a strategic partner and opportunity connector, leveraging its investment experience, expertise, and global network to strengthen the startup ecosystems in Thailand and Southeast Asia. This will help entrepreneurs access essential resources for sustainable growth and create socioeconomic impacts both regionally and globally.”
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About Beacon Venture Capital Company Limited
Beacon Venture Capital Company Limited (Beacon VC) was established in 2016 as a venture capital arm of KBank. Its mission is to make strategic investments to support the development of innovations and technologies aligned with the Bank’s business strategies and direction, as well as to enhance technological capabilities for partners within the business ecosystem. Beacon VC focuses on growth-stage startups across diverse industries, including consumer technology, enterprise solutions, FinTech, and sustainability tech.
In 2023, Beacon VC launched an Impact Fund with an initial capital of more than THB 1.2 billion, or roughly USD 30 million, to support startups that aim to create measurable and sustainable positive impact with the potential for large-scale expansion. The Fund’s investments align with the United Nations’ Sustainable Development Goals (SDGs) and KBank’s commitment to operating business based on the principles of a “Bank of Sustainability.” Beacon VC continues to foster collaborations with domestic and international allies to drive innovations that generate long-term value for society, customers, and the broader economy.