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.
Beacon VC aims for deep collaborative engagement between KBank and startups through long-term partnerships. The fund lays the foundation for technological breakthroughs and new growth curves in banking, while also addressing humanity's most imminent threats and advancing sustainable business practices.
The fund invests in companies across sectors including the Future of Finance, Future of Commerce, Future of Living, and Future of Impact, with a strategic focus on Southeast Asia. Beacon VC supports startups from post-revenue through growth stages, helping them scale into mass markets.