Beacon Venture Capital - Bangkok, Thailand

Established in 2017, Beacon VC is a wholly-owned venture capital arm of Kasikornbank PLC (SET: KBANK), a major commercial lender in Thailand with the highest mobile usage and largest SME base. With an initial fund size of $30 million, Beacon VC concentrates on strategic investments in early- and growth-stage technology businesses, encompassing not only financial technology (fintech) but also consumer internet and enterprise technology such as artificial intelligence (AI) and enterprise IT. In 2018, Beacon VC increased its fund size to $135 million.