Beacon Venture Capital

Founded in 2017, 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 such as artificial intelligence (AI) and enterprise IT. In 2018, Beacon VC expanded its fund size to $135 million.

Thanapong Na ranong

Managing Director

Past deals in Thailand

Grab

Series H in 2018
Grab Holdings Inc. is a prominent online-to-offline service provider based in Singapore, focusing on mobile technology solutions for transportation across Southeast Asia. Founded in 2012 by Anthony Tan and Tan Hooi Lng, Grab integrates various transportation services through its platform, which includes offerings such as GrabTaxi, GrabCar, GrabHitch, GrabShare, GrabCoach, GrabShuttle, GrabShuttle Plus, GrabFamily, JustGrab, GrabNow, and GrabRental. The company operates in multiple countries, including Singapore, Indonesia, the Philippines, Malaysia, Thailand, Vietnam, and Myanmar. In addition to its headquarters in Singapore, Grab has offices in Seattle, Beijing, Bangalore, Jakarta, and Vietnam, further extending its reach and capabilities within the region.

Ookbee

Venture Round in 2018
Ookbee Group is the largest storytelling ecosystem in Thailand, focusing on user-generated content platforms that resonate with younger audiences. It operates several notable platforms, including Joylada, Tunwalai, Ookbee, Fictionlog, Storylog, Beeber, and Fungjai, which encompass a broad range of content such as novels, e-books, music, and live-streaming videos. The company provides a digital publication platform that enables users to create, share, and monetize their own content. It also offers a comprehensive bookstore featuring a variety of free and paid materials, including magazines, newspapers, fiction and non-fiction books, audiobooks, and online courses. Additionally, Ookbee's payment gateway facilitates the publishing, distribution, and sale of digital publications to a global audience, fostering a vibrant ecosystem for both creators and consumers.
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