SCB 10X

SCB 10X is a corporate venture capital subsidiary of Siam Commercial Bank, established in 2020 and headquartered in Bangkok, Thailand. The company is dedicated to creating long-term value by investing in exponential technologies and supporting innovative entrepreneurs. SCB 10X focuses on sectors such as financial services, information technology, artificial intelligence, blockchain, software as a service, big data, insurance technology, virtual reality, and robotics. With a global investment strategy, it seeks opportunities particularly in the United States, China, Israel, and Southeast Asia. The firm aims to empower underserved markets and foster partnerships that drive technological advancement.

Varit Ruangsiri

Venture Builder

Arak Sutivong

CEO and Director

Pailin Vichakul

COO and Partner, Venture Capital

Vorawan Wangpanitkul

Partner

44 past transactions

Theo

Seed Round in 2025
Theo operates as a trading infrastructure platform.

Jimini Health

Pre Seed Round in 2024
Jimini Health is a mental health company dedicated to enhancing the effectiveness of mental health care globally. Established in 2023 by a team of experienced professionals in AI, biotech, and psychology, Jimini combines teletherapy with personalized AI support to create a comprehensive care model. Patients receive assistance from licensed clinicians and an AI therapy assistant named Sage, who work collaboratively to help individuals achieve their mental health goals. Jimini emphasizes the importance of clinical oversight and safety, ensuring that its technology is purpose-built and rooted in scientific principles. The company focuses on evidence-based practices and individualized care, particularly for those experiencing persistent anxiety. By integrating advanced technology with expert clinical guidance, Jimini aims to deliver high-quality mental health experiences that empower patients to take proactive steps in their treatment.

Sahara AI

Series A in 2024
Sahara AI is a decentralized AI network that enables freely and securely deploying autonomous AI with a high-performance, privacy-first network. Its collaboration network helps individuals and businesses deploy personalized, autonomous AI. It also offers a permissionless and privacy-centric network that allows cross-agent communication, knowledge transfer, and capitalization between individuals.

Ema

Series A in 2024
Ema offers a Universal AI employee designed to automate complex workflows and improve productivity within organizations. Utilizing the Generative Workflow Engine, Ema integrates seamlessly with enterprise applications, allowing users to delegate repetitive tasks efficiently. The platform combines multiple AI models to ensure accuracy and security, making it a valuable asset for various business functions such as customer support, HR, and finance.

Station70

Seed Round in 2024
Station70 provides scalable and resilient disaster recovery solutions.

Spacely AI

Pre Seed Round in 2024
Spacely AI is an award-winning 3D rendering software that delivers photorealistic, fast, accurate, and cost-effective design visualizations for interior designers and architects. Our software dramatically reduces rendering costs by up to 90%, speeds up project bidding by 285 times, enhances render quality by 100 times, and doubles your creative output. We offer flexible access through our monthly and annual subscriptions, an API, and rendering outsourcing services.

Guardrails AI

Seed Round in 2024
Guardrails AI focuses on enhancing the safe and effective use of artificial intelligence technology to improve human life. The company develops an open-source library that facilitates reliable interactions with Large Language Models (LLMs). Its framework allows for the creation of custom validators and orchestrates processes such as prompting, verification, and re-prompting. Additionally, Guardrails AI provides a library of commonly used validators and a specification language that helps communicate requirements to LLMs. By addressing the uncertainties associated with AI interactions, Guardrails AI aims to offer goal-oriented, contractually bound solutions that ensure the responsible application of AI.

AI21 Labs

Series C in 2023
AI21 Labs, founded in 2017 and based in Tel Aviv-Yafo, Israel, specializes in developing generative artificial intelligence and large language models. The company creates tools designed to enhance the understanding and generation of natural language, effectively transforming how users read and write. Its AI-driven writing companion captures real intelligence, rephrasing text to convey precise meanings while providing summaries that aid in comprehension. These innovations empower users to analyze and visualize complex information more efficiently, facilitating a deeper understanding of abstract knowledge structures. Through the application of deep learning and computer vision algorithms, AI21 Labs aims to significantly improve the efficiency of reading and writing processes.

Together AI

Seed Round in 2023
Together AI is a cloud-based platform designed for constructing open-source generative AI and infrastructure for developing AI models. The company contributes cutting-edge open-source research, models, and datasets to push the boundaries of AI forward. Through its decentralized cloud services, developers and researchers at organizations of various scales are empowered to train, refine, and deploy generative AI models.

TokenUnlocks

Seed Round in 2023
TokenUnlocks is a token analytics platform that specializes in tracking vested tokens and alerting users to upcoming unlock events. It offers in-depth insights into tokenomics, combining both on-chain and off-chain data to provide a comprehensive view of token projects. Through its online analytics dashboard, TokenUnlocks delivers standardized and labeled data, allowing users to monitor dynamic changes in token projects effectively. This functionality empowers traders and investors to make informed decisions based on accurate and relevant information related to token vesting and unlock timelines.

RakkaR Digital

Seed Round in 2022
RakkaR Digital provides custody and related services for digital assets, focusing on the security and protection of these assets from unauthorized access and cyber threats. Operating primarily in Hong Kong, ASEAN, and various other countries, including Singapore and Thailand, the company aims to support enterprises and institutions in securely storing and accessing digital assets and cryptocurrencies. RakkaR Digital is committed to expanding its presence in the region, offering clients a reliable solution for managing their digital assets in an increasingly digital financial landscape.

Safe

Initial Coin Offering in 2022
Gnosis operates a decentralized platform for prediction markets, leveraging the Ethereum blockchain to facilitate advanced smart contracts. This infrastructure eliminates intermediaries and reduces counterparty risk, promoting a future of resource redistribution across various domains, including assets, incentives, and information. Gnosis enables the creation of customized forecasting applications that generate a new asset class known as conditional tokens, which allow for the trading of event outcomes and serve as valuable tools for information discovery. By prioritizing credible neutrality and resilience, Gnosis supports diverse projects within the blockchain ecosystem, helping clients make informed decisions regarding the development and governance of their initiatives.

Talos

Series B in 2022
Talos Trading is an institutional technology infrastructure provider based in New York, co-founded in 2018 by Anton Katz and Ethan Feldman. The company specializes in offering a comprehensive crypto trading platform that supports the entire trading lifecycle, including price discovery, clearing, and settlement. Talos Trading provides solutions across spot, futures, and foreign exchange markets, leveraging institutional-grade technology to enable clients to stream real-time and request-for-quote prices. Additionally, the platform includes portfolio accounting tools and facilitates efficient settlement processes, connecting various participants within the crypto ecosystem.

Spruce

Series A in 2022
Spruce is building a future where users control their identity and data across all digital interactions.

Darwinbox

Series D in 2022
Darwinbox is a prominent provider of cloud-based Human Resources Management Software (HRMS) that aims to transform workforce and technology interactions. Founded in 2015, the platform serves mid to large-sized enterprises by offering a comprehensive suite of features designed to enhance employee engagement throughout the entire employee lifecycle, from hiring to retirement. With a user-friendly interface and fast implementation cycles, Darwinbox incorporates advanced technologies such as artificial intelligence and machine learning, enabling functionalities like e-onboarding, continuous feedback, and performance analytics. The platform is utilized by over 350 global enterprises, including notable companies like Arvind, Dr. Reddy's, and Swiggy, and is trusted by more than 850,000 employees. Recognized in the APAC region as a preferred human capital management platform, Darwinbox has garnered support from investors such as Sequoia Capital and Lightspeed.

Sygnum Bank

Series B in 2022
Sygnum Bank is an international digital asset banking organization established in 2017 and headquartered in Zurich, Switzerland. It specializes in providing a range of banking services tailored for professional and institutional investors, banks, corporations, and distributed ledger technology (DLT) foundations. Sygnum offers services in custody, brokerage, lending, asset management, and tokenization, enabling clients to invest in digital assets with confidence. The company emphasizes top-tier security and personalized expert service while adhering to regulatory standards in the digital asset space. Through its comprehensive offerings, Sygnum aims to facilitate the seamless integration of digital assets into traditional financial frameworks.

Nansen

Series B in 2021
Nansen Limited, founded in 2019 and based in Wan Chai, Hong Kong, develops a software as a service blockchain analytics tool. This platform enhances on-chain data by incorporating millions of wallet labels, providing crypto investors with valuable insights. Users leverage Nansen to identify investment opportunities, conduct due diligence, and monitor their portfolios through real-time dashboards and alerts. The company's focus on combining on-chain data with comprehensive analytics positions it as a vital resource in the cryptocurrency market.

MyCloudFulfillment

Series B in 2021
MyCloudFulfillment is a Thailand-based e-commerce fulfillment service that provides comprehensive warehousing solutions for e-commerce and multi-channel businesses. The company operates an order management platform specifically designed for the Southeast Asian market, offering full API access to various marketplaces, websites, and social commerce platforms. With three warehouses totaling 15,000 square meters, MyCloudFulfillment efficiently manages the logistics of storing, packing, and shipping products for up to 500 clients. Its platform streamlines the flow of online orders and stock updates, facilitating seamless integration with multiple sales channels and enhancing operational efficiency for its customers.

The Sandbox

Series B in 2021
The Sandbox is a decentralized platform that allows users to create, own, and monetize voxel assets and gaming experiences on the blockchain. Developed by Pixowl and Animoca, it features three main components: an NFT builder, a Marketplace, and a Game Maker. The platform has gained significant traction, boasting over 40 million downloads and more than one million monthly active users. In The Sandbox, players can design and animate 3D objects using VoxEdit and develop games through in-game visual scripting, fostering a collaborative metaverse free from central authority. By tokenizing game items as Non-Fungible Tokens (NFTs), users can transfer their assets between different games, ensuring digital scarcity, security, and authenticity. This innovative approach empowers creators and players alike, providing tangible benefits for their contributions and achievements within the gaming ecosystem.

Metrika

Series A in 2021
Metrika is a monitoring and analytics platform specializing in blockchain networks, founded in 2019 and headquartered in Cambridge, Massachusetts. The company offers a blockchain-based operational intelligence solution that provides visibility and actionable insights for decentralized systems. Metrika's platform is designed to monitor and analyze the performance of blockchain networks, identifying anomalies that may affect their operation. By addressing these issues, Metrika enables companies to enhance the reliability and performance of their blockchain systems, ultimately supporting their growth on a global scale.

Sunday

Series B in 2021
Founded in Thailand in 2017, Sunday is the first full-stack InsurTech group adopting data models and technology to offer multiple insurance products and services across the entire customer journey. The company provides auto insurance, health insurance, and travel insurance. Sunday reinvents the entire insurance offering and experience to ensure that customers' needs are met anytime, anywhere.

Fireblocks

Series D in 2021
Fireblocks Inc. is a New York-based company founded in 2018 that specializes in blockchain-based security solutions for digital asset management. Its platform is designed to securely transfer digital assets between exchanges, wallets, custodians, and counterparties, catering primarily to financial institutions such as banks, fintech companies, and hedge funds. The company employs advanced technologies, including a patent-pending chip isolation security and model predictive control (MPC), to enhance the security of assets in transit. Fireblocks enables its clients to manage and streamline their digital asset operations effectively, ensuring the protection of funds while facilitating their movement across various platforms. Additionally, Fireblocks has an operational presence in Tel Aviv, Israel.

Flash Express

Series E in 2021
Flash Express is a logistics and transportation company based in Bangkok, Thailand, that specializes in door-to-door pickup and delivery services. Established in 2017, the company leverages its in-house developed technology and Big Data to digitize and standardize the delivery process, which enhances operational efficiency and enables competitive pricing. In addition to its core delivery service, Flash Express operates under the Flash Group umbrella, offering a range of integrated e-commerce solutions. These include Flash Logistics for large item deliveries, Flash Fulfillment for goods storage, and Flash Home for parcel delivery agent services, as well as Flash Money for financial services. This comprehensive approach allows Flash Express to meet diverse client needs while ensuring fast and cost-effective service.

Anchorage Digital

Series C in 2021
Anchorage Digital is a regulated cryptocurrency platform that offers integrated financial services and infrastructure solutions tailored for institutions. Established in 2017 and headquartered in San Francisco, California, the company operates as the only federally chartered crypto bank in the United States, with an additional office in Singapore that maintains similar security and service standards. Anchorage Digital specializes in secure custody, regulatory compliance, and a variety of cryptocurrency-related services, including trading, staking, and governance. The platform emphasizes modern security engineering to ensure the safety of digital assets while facilitating streamlined participation in blockchain technology for businesses and institutions. With a valuation exceeding $3 billion, Anchorage Digital has attracted investments from prominent firms such as Andreessen Horowitz, Goldman Sachs, and Visa, among others. The company also supports a remote-friendly work environment, with additional offices located in New York, Porto, and Sioux Falls.

Sygnum Bank

Venture Round in 2021
Sygnum Bank is an international digital asset banking organization established in 2017 and headquartered in Zurich, Switzerland. It specializes in providing a range of banking services tailored for professional and institutional investors, banks, corporations, and distributed ledger technology (DLT) foundations. Sygnum offers services in custody, brokerage, lending, asset management, and tokenization, enabling clients to invest in digital assets with confidence. The company emphasizes top-tier security and personalized expert service while adhering to regulatory standards in the digital asset space. Through its comprehensive offerings, Sygnum aims to facilitate the seamless integration of digital assets into traditional financial frameworks.

OhmniLabs

Series A in 2020
OhmniLabs, Inc. specializes in the manufacturing of personal robots designed to enhance the quality of life for elderly individuals and alleviate feelings of loneliness. Founded in 2015 and based in Santa Clara, California, the company produces affordable and user-friendly robots that enable families to provide virtual companionship and care to their elderly loved ones. These robots facilitate on-demand access to healthcare professionals, including nurses and doctors, directly within the home. OhmniLabs' technology emphasizes video telepresence, allowing for natural and engaging interactions, surpassing traditional video chat experiences. The company's elder-centric robots cater to both retirement communities and individual residences, aiming to improve the overall well-being of seniors while offering peace of mind to their families.

Vonder

Seed Round in 2020
Vonder is an online learning platform that specializes in microlearning and micro engagement, allowing students to engage with educational content in bite-sized formats. Founded in the summer of 2018 by two former alumni of Teach For Thailand, Vonder initially focused on providing support to students in underprivileged schools. The platform utilizes chatbots and a cloud-based learning management system to deliver effective and engaging online training. This approach enables organizations to enhance corporate learning and talent development while also facilitating efficient learning experiences for students in schools. Vonder has evolved to offer various types of microlearning solutions that cater to different educational needs.

MyCloudFulfillment

Series A in 2020
MyCloudFulfillment is a Thailand-based e-commerce fulfillment service that provides comprehensive warehousing solutions for e-commerce and multi-channel businesses. The company operates an order management platform specifically designed for the Southeast Asian market, offering full API access to various marketplaces, websites, and social commerce platforms. With three warehouses totaling 15,000 square meters, MyCloudFulfillment efficiently manages the logistics of storing, packing, and shipping products for up to 500 clients. Its platform streamlines the flow of online orders and stock updates, facilitating seamless integration with multiple sales channels and enhancing operational efficiency for its customers.

Sunday

Series A in 2020
Founded in Thailand in 2017, Sunday is the first full-stack InsurTech group adopting data models and technology to offer multiple insurance products and services across the entire customer journey. The company provides auto insurance, health insurance, and travel insurance. Sunday reinvents the entire insurance offering and experience to ensure that customers' needs are met anytime, anywhere.

BlockFi

Series C in 2020
BlockFi, Inc. is a New York-based financial services company that specializes in providing wealth management products for cryptocurrency investors. Founded in 2017, it offers interest-bearing accounts that allow clients to earn yields on their Bitcoin, Ether, and Gemini Dollar holdings. The company also facilitates secured loans in USD, where clients can collateralize their loans with cryptocurrency assets. Additionally, BlockFi provides a trading platform for exchanging various cryptocurrency pairs and customizable lending options for institutions. By leveraging a sophisticated infrastructure that integrates with multiple blockchains, BlockFi aims to enhance liquidity and efficiency in digital financial markets, catering to the needs of both individual and institutional clients.

Omise

Series C in 2020
Omise Co., Ltd. is a Bangkok-based company founded in 2013 that develops and operates an online payment platform designed for seamless integration on both web and mobile. The platform facilitates money transfers to third-party bank accounts, enables refunds to customers, and allows users to store payment information for future transactions. Omise caters to businesses by offering a variety of payment processing solutions, addressing the challenges faced by online stores in Thailand, Japan, and Singapore, where the existing payment systems often require cumbersome documentation and high fees. The company aims to simplify the payment process, enabling instant acceptance of credit and debit card payments, as well as bill payments through online banking and ATMs. Omise also provides APIs for developers, ensuring easy integration and high security standards, as evidenced by its compliance with PCI-DSS 3.1. The company's mission is to enhance the online payment experience, bridging the gap between physical and digital transactions for both merchants and consumers.

Pagaya

Series D in 2020
Pagaya is a financial technology company that is transforming the asset management and lending marketplaces through the use of machine learning and big data analytics. It focuses on managing institutional money, particularly in fixed income and alternative credit, offering discretionary funds to institutions such as pension funds, insurance companies, and banks. Pagaya utilizes its proprietary technology platform, Pagaya Pulse, which employs advanced artificial intelligence algorithms to enhance performance and scalability. Additionally, Pagaya aims to improve the credit industry by providing a comprehensive solution that enhances customer experience and accessibility to credit, integrating seamlessly into its network of partners through a proprietary API. The company primarily generates its revenue from the United States.

Flow

Series A in 2020
Flow, founded in 2016, is a credit management company focused on transforming unsecured consumer finance in the APAC region through the use of artificial intelligence and ethical practices. Recognizing the limitations of traditional debt collection methods, Flow emphasizes personalized, digital-first experiences tailored to help consumers navigate financial challenges. The company employs data-driven strategies that have demonstrated impressive recovery rates for leading financial institutions, assisting over 2.8 million consumers in the process. Flow’s services include outsourced consumer credit management and the purchasing of unsecured non-performing loans, utilizing predictive dialing and advanced strategy differentiation to support businesses in maintaining robust balance sheets and managing nonperforming loan ratios effectively.

Currencycloud

Series E in 2020
Currencycloud is a global payments platform that simplifies cross-border transactions and foreign exchange automation for businesses. It provides developers with API building blocks to create tailored payment solutions, allowing companies to integrate payment infrastructure into their products and services seamlessly. The platform offers automated end-to-end processes for sending and receiving payments, as well as services for currency collection and conversion. By handling the complexities and regulatory requirements associated with international payments, Currencycloud enables clients to adopt digital wallets and embed financial services into their operations, regardless of their industry.

Pagaya

Series C in 2019
Pagaya is a financial technology company that is transforming the asset management and lending marketplaces through the use of machine learning and big data analytics. It focuses on managing institutional money, particularly in fixed income and alternative credit, offering discretionary funds to institutions such as pension funds, insurance companies, and banks. Pagaya utilizes its proprietary technology platform, Pagaya Pulse, which employs advanced artificial intelligence algorithms to enhance performance and scalability. Additionally, Pagaya aims to improve the credit industry by providing a comprehensive solution that enhances customer experience and accessibility to credit, integrating seamlessly into its network of partners through a proprietary API. The company primarily generates its revenue from the United States.

Demyst

Series B in 2018
Demyst provides a cloud-based management platform that enables financial institutions to effectively integrate and centralize diverse data sources through a single interface. By facilitating the incorporation of external data into business workflows, the platform enhances decision-making processes and helps organizations maintain regulatory compliance. This approach allows financial institutions to better serve their customers and adapt to the rapidly evolving landscape of data-driven insights.

1QBit

Series B in 2017
1QBit is a quantum computing software company that addresses complex computational challenges by reformulating problems to utilize the capabilities of quantum computing. The company develops software that combines machine intelligence and optimization science on a hardware-agnostic platform, allowing for innovative solutions across various applications. This approach enables clients and hardware providers to enhance their applications by leveraging advancements in both classical and quantum computing technologies.

IndoorAtlas

Venture Round in 2017
IndoorAtlas Ltd. specializes in magnetic field-based indoor location technology, which allows for precise positioning within buildings using smartphones. Founded in 2012 and headquartered in Oulu, Finland, the company offers a range of tools for developers to create indoor location-aware applications without requiring additional hardware such as Bluetooth or Wi-Fi. Its solutions include IndoorAtlas Floor Plans for managing building layouts, Map Creator for generating magnetic maps, and a Maps API for developing indoor location applications. This technology provides real-time location tracking with an accuracy of 1-2 meters, enabling various applications such as store promotions, mobile gaming, and logistics optimization. IndoorAtlas also has research and development centers in Oulu and Oxford, United Kingdom, supporting its mission to enhance indoor navigation and location services globally.

OneStockHome

Seed Round in 2017
OneStockHome is a Thailand-based B2B e-commerce platform founded in 2009 that simplifies the sourcing of building materials by consolidating various products into a single online location. The platform caters to factories by reducing the time and costs associated with distributing information to consumers, while also assisting contractors by streamlining their procurement processes. By providing access to a wide range of materials, including construction steel, roof tiles, PVC pipes, and landscape products, OneStockHome enables contractors to make quicker and more informed decisions for their construction projects. This efficiency ultimately helps project owners save costs by mitigating reliance on unreliable information sources.

Seekster

Seed Round in 2017
Seekster is a prominent property service platform in Thailand that caters to various cleaning and maintenance needs. The company operates an online marketplace that connects service seekers with local laborers, offering instant access to maids and technicians on demand. By utilizing a digital medium, Seekster streamlines the process of finding and hiring service providers, allowing clients to efficiently manage their chores while saving time and money. The platform also tracks the services rendered, enhancing the overall customer experience.

PayKey

Series B in 2017
PayKey provides a mobile banking solution that allows banks to offer a variety of financial services, such as peer-to-peer payments, balance checks, and cardless withdrawals, directly within any mobile application. By integrating a banking button into the smartphone keyboard, PayKey enhances user engagement and simplifies the banking experience, enabling customers to access financial services seamlessly without switching apps. This innovative approach helps banks remain relevant in a competitive landscape where consumers demand instant and efficient access to their financial needs. By facilitating these services in a contextually relevant manner, PayKey aims to improve user experience and strengthen brand loyalty for banks.

Pulse iD

Series A in 2017
Pulse iD is a developer of an identity platform that bridges the gap between the online and offline worlds for enterprise clients. By leveraging geolocation data and cognitive self-learning algorithms, the platform creates an online-to-offline loyalty network that connects financial institutions, merchants, and consumers. This innovative approach automates the sourcing, distribution, and redemption of rewards, allowing for seamless engagement and enhanced customer loyalty. As clients seek to understand their customers' behaviors more comprehensively, Pulse iD's scalable solutions enable businesses to connect with customers effectively at various points in their journey, ultimately reducing friction in customer interactions.

Ripple Labs

Series B in 2016
Ripple Labs, Inc. is a technology company that operates a global payments network leveraging blockchain technology. Founded in 2012 and headquartered in San Francisco, California, Ripple develops RippleNet, an enterprise-level decentralized solution that connects banks, payment providers, digital asset exchanges, and corporations to facilitate international money transfers. Its offerings include XRP, a digital asset used for payments; xCurrent, which provides cross-border payment services for banks; xRapid, designed for payment providers and financial institutions to optimize liquidity costs; and xVia, a tool for corporates and payment providers to send payments using a standardized interface. Ripple aims to create a frictionless experience for global transactions, allowing financial institutions to transact directly with each other while minimizing foreign exchange exposure and counterparty risks. The company also maintains additional offices in major cities around the world, including New York, London, and Sydney.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.