Founded in 2017, Beacon VC is a wholly-owned corporate venture capital fund of Kasikornbank PLC, a commercial bank in Thailand. 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 but also consumer internet and enterprise technology such as artificial intelligence (AI) and enterprise IT. In 2018, Beacon VC expanded its fund size to $135 million.
Beacon VC offers their portfolio companies their consumer reach, their business reach and their in-house experience in building technology. Their consumer and business reach is local to Thailand.
Timeline
Funded Companies
Grab is a technology company providing a ride-hailing platform for booking service for taxis, private cars and motorbikes through a mobile device.
People
Chadaporn Iamsa-ard
Administration and Operations
Kanisara Kanjanawong
Head of Business Development
Woraphot Kingkawkantong
Senior Investment Manager
