Beacon Venture Capital

Beacon Venture Capital, established in 2017, is a corporate venture capital fund wholly owned by Kasikornbank PLC, a prominent commercial bank in Thailand. Based in Bangkok, the fund initially launched with $30 million, later expanding to $135 million to support its investment activities. Beacon VC primarily targets early to growth-stage technology startups, focusing on sectors such as financial technology, consumer internet, enterprise technology, and emerging technologies, including artificial intelligence. The firm aims to foster innovation and growth within the Southeast Asian market, leveraging its strategic insights and resources from its parent bank to enhance the success of its portfolio companies.

Thanapong Na ranong

Managing Director

17 past transactions

Zenius

Series B in 2022
Zenius provides a great learning experience to Indonesian students by emphasizing critical thinking and scientific knowledge as a natural part of their everyday lives. We provide accessible yet elaborate subscription-based self-learning materials for K12 students across Indonesia.

Primo

Seed Round in 2022
Primo World is a personal shopping assistant app.

RateS

Series A in 2022
Rate is a blockchain startup focused on bridging the gaps between enterprises and blockchains. Rate is a fintech startup focused on making cross-border e-commerce accessible and more efficient for all

Nium

Series D in 2021
Nium is an advanced payments platform redefining the way consumers and businesses send, spend, and receive funds across borders. Nium’s goal is to make the movement of money seamless through being a universal plug for financial services. The company uses agile, elegant, and modular solutions for complex business problems. Be it an Individual, new-age digital bank, or a traditional industry behemoth, Nium pride itself on creating financial infrastructure for every level of sophistication​.​ Nium has created a payment mesh in Asia, which is being leveraged by individuals and corporates. The company also offers a configurable, multi-featured platform MassPay that helps corporate and SME users to manage and control their high-volume remittances to multiple beneficiaries in multiple currencies via a seamless process, enabling them to reduce cross-border money transfer costs by up to 80%. The company is licensed in the EU, Australia, Canada, Hong Kong, Malaysia, India, and Singapore. It is backed by marquee investors such as Vertex Ventures, Fullerton Financial Holdings, Global Founders Capital, GSR Ventures, and SBI-FMO Ventures. Its services and business model have been recognized on prestigious platforms such as Singapore Fintech Festival and India Fintech Awards in 2017.

FoodStory

Series B in 2021
FoodStory is a digital platform designed to enhance restaurant operations and supply chain management. It offers a comprehensive restaurant management application that integrates point-of-sale systems, operational tools, and a food supply marketplace. By utilizing advanced technology, FoodStory streamlines processes and automates supply replenishment, allowing restaurant owners to improve efficiency and profitability. The platform provides various subscription packages and hardware options to cater to the diverse needs of the restaurant industry, making all essential information easily accessible to its users.

Builk

Series B in 2021
Builk Asia Co., Ltd. is a Bangkok-based company that specializes in providing construction project management software solutions. Founded in 2009, Builk offers tools such as CostControl, which enables users to manage project budgets and create essential construction documents like RFQs, POs, and invoices in a cloud environment. This software also allows project managers to access real-time reports on project summaries, costs, and income. Additionally, Builk's SiteWalk feature facilitates instant communication and issue resolution among project teams, enabling collaboration with both internal and external stakeholders. By integrating these functionalities, Builk streamlines the construction process, allowing companies to enhance efficiency and maintain better financial oversight.

Robowealth

Series A in 2021
Robowealth offers two investment applications, which help users gain access to a mutual funds portfolio with a minimum investment of 1,000 baht (US$33.4). The company also provides wealth management solutions to customers with a high net worth, as well as professional fintech software development solutions.

Digio

Series B in 2020
Digio (Thailand) Co., Ltd. specializes in developing innovative payment solutions for corporates and financial institutions. Founded in 2012 and based in Bangkok, the company has created a banking payment platform and mobile applications that facilitate financial transactions through mobile devices. Digio offers a range of services, including smart terminals, payment gateways, biometric recognition, and onsite services. Utilizing mobile point-of-sale (mPOS) technology, the platform allows users to accept major credit cards using their existing smartphones or tablets, which reduces the need for costly electronic register machines. Additionally, Digio provides tools for small and medium-sized enterprises to manage their financial transactions efficiently, without incurring significant expenses for software or hardware. The company's unified payment technology platform supports various payment methods, ensuring compliance, security, and streamlined processing for both local and international transactions.

Workmate

Series A in 2019
Helpster PTE Limited owns and operates an on-demand staffing platform for workers and businesses. The company’s platform workmate helps employers to find temporary and permanent staff, including long and short term hires, and part time and full time positions; and connects people with businesses. It assists companies to find staff in the areas of food and beverage, warehouse and logistics, hospitality, customer services, cleaning, retail, data entry, and events. The company was founded in 2015 and is based in Bangkok, Thailand with additional offices in Indonesia and Singapore.

Aspire

Series A in 2019
Aspire Financial Technologies Pte. Ltd., founded in 2017 and based in Singapore, specializes in providing cash management services tailored for small businesses. As a subsidiary of Aspire Financial Technologies Holdings Inc., the company focuses on delivering a finance management platform that simplifies banking processes. Aspire's offerings include a unified system for managing bank accounts, credit cards, invoicing, and expenses, allowing business owners to access essential financial tools conveniently. The platform is designed to facilitate borderless payments and enhance expense management, enabling clients to streamline their cash management operations and make informed business decisions without the delays and complexities often associated with traditional financial institutions.

Horganice

Seed Round in 2019
Horganice Co., Ltd. is a Bangkok-based company that specializes in developing and marketing real estate property rental software. Founded in 2015, the company provides a platform designed for owners of apartments and dormitories to efficiently manage their properties. The software facilitates various functionalities, including e-billing, payment collection, and data analytics, which help property owners address common concerns such as rent collection and occupancy tracking. Additionally, Horganice collaborates with financial institutions to offer tenants multiple payment options, including online payments, ATM transactions, and bank counter services, streamlining the rental payment process.

Jitta

Seed Round in 2019
Jitta Dot Com Co., Ltd. is a financial technology company based in Bangkok, Thailand, founded in 2012. It provides a platform designed to assist investors and financial advisors in making informed investment decisions. Jitta simplifies financial analysis by offering fundamental evaluations of stocks and a proprietary ranking system that assesses stocks based on their profit potential. The platform aims to empower users to achieve better returns through enhanced investment strategies, focusing on the principle of acquiring quality companies at reasonable prices. By utilizing intuitive tools for data processing and financial consultancy, Jitta seeks to improve the investment decision-making process for its users.

Nium

Series C in 2018
Nium is an advanced payments platform redefining the way consumers and businesses send, spend, and receive funds across borders. Nium’s goal is to make the movement of money seamless through being a universal plug for financial services. The company uses agile, elegant, and modular solutions for complex business problems. Be it an Individual, new-age digital bank, or a traditional industry behemoth, Nium pride itself on creating financial infrastructure for every level of sophistication​.​ Nium has created a payment mesh in Asia, which is being leveraged by individuals and corporates. The company also offers a configurable, multi-featured platform MassPay that helps corporate and SME users to manage and control their high-volume remittances to multiple beneficiaries in multiple currencies via a seamless process, enabling them to reduce cross-border money transfer costs by up to 80%. The company is licensed in the EU, Australia, Canada, Hong Kong, Malaysia, India, and Singapore. It is backed by marquee investors such as Vertex Ventures, Fullerton Financial Holdings, Global Founders Capital, GSR Ventures, and SBI-FMO Ventures. Its services and business model have been recognized on prestigious platforms such as Singapore Fintech Festival and India Fintech Awards in 2017.

Grab

Series H in 2018
Grab Holdings Inc., based in Singapore, is a prominent mobile technology platform operating in Southeast Asia. Founded in 2012, the company offers a wide range of services, including ride-sharing through GrabTaxi and GrabCar, and food and grocery delivery. Grab also provides financial services, such as payments, consumer loans, and insurance, catering to both merchants and consumers. Its platform connects drivers and customers, generating revenue primarily through commissions from ride-sharing and food delivery services. Grab operates in eight countries, including Singapore, Indonesia, and Malaysia, where it holds a significant market share. The company has expanded its offerings to include various options for transportation and delivery, as well as a mobile wallet for seamless transactions. Grab continues to face competition from other regional players, such as Foodpanda and Gojek.

Ookbee

Venture Round in 2018
Ookbee Co., Ltd. is a digital publication platform based in Bangkok, Thailand, dedicated to publishing a diverse range of digital content, including magazines, books, online novels, audiobooks, and video courses. Founded in 2010, the company offers a wide selection of publications across various categories, such as art, business, education, entertainment, and health. Ookbee facilitates both free and paid content, allowing users to access a comprehensive bookstore. The platform also supports creators by providing tools for publishing, distribution, and sales, fostering an ecosystem where users can create and share their own content. As a subsidiary of IT WORKS Ltd., a prominent software company founded in 1999, Ookbee benefits from a robust technological foundation and industry expertise.

Eventpop

Series A in 2017
Eventpop helps bring the best experiences for event goers and event creators through one end-to-end platform. ––––––––––– For event goers: Use the Eventpop app to discover, save and share your favorite event and activities. Get the latest updates from event creators around Asia. Registration and buying a ticket is simple and straightforward with a consistently updating app, to ensure the best experience. ––––––––––– For promoters and organizers: Eventpop provides an end-to-end platform for any kind of event or activity. With professional solutions developed specifically for concerts, festivals, performance, marathons, conferences and workshops. Learn more at https://services.eventpop.me ––––––––––– While most platform focuses on being a ticketing platform, Eventpop offers solution for the whole journey. The company’s service operates like an ad-hoc support team for event creators, providing online and offline customer support to customers, on-site services to solve cumbersome processes involving registrations or admissions, and fulfillment.

FlowAccount

Series A in 2017
Flowaccount Co., Ltd. develops a cloud accounting software for small businesses in Thailand. It creates and sends professional invoices, track payments, and collaborates with partners. The company is based in Bangkok, Thailand.
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