Our history, investment policy and value proposition
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 $265 million.
What We Invest
Aiming for deep collaborative engagement between KBank and startups through long-term partnership
Laying foundation for tech breakthrough and new S-curve of banking business
Solving humanity's most imminent threats and elevating business practices for the banking industry
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
Global investments with a goal of supporting technology and innovation in Thailand and Southeast Asia
Early (post-revenue) to growth stage
Post-revenue companies with strong customer acceptance which are preparing to scale into mass markets
Beacon VC Founded
2016 - Beacon VC was founded as the VC arm of KBank.
2017 - Made the first investment in FlowAccount.
2019 - Made our biggest strategic investment in Grab, a SEA superapp unicorn.
2021 - A new allocation for futuristic investments
First Portfolio Exit
2021 - Eventpop, was acquired by SYNQA
Launch Impact Fund
2023 - A new allocation for impact investments
Unmatched leadership in mobile banking with over 18 million users nationwide.
No.1 market share by value and main bank status in SME market in Thailand.
Superior in-house technology and digital capabilities to get actual work done with startups.