Predict your next investment

Corporate Venture
scb10x.com

See what CB Insights has to offer

Investments

34

Portfolio Exits

3

Funds

1

Partners & Customers

1

About SCB 10X

SCB 10X is the venture arm of Thailand's Siam Commercial Bank. SCB10X aims to create long-term value through investing in exponential technologies, championing passionate entrepreneurs, empowering the long tail underserved, and building successful partnerships.

SCB 10X Headquarter Location

101 RCP Building Rutchadapisek Rd.

Bangkok, 10900,

Thailand

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest SCB 10X News

SCB10X announces investment in Nansen, a blockchain analytics platform, serving as an intelligence hub for on-chain data

Dec 25, 2021

As part of “Moonshot Mission”, which aims to create long-term value through investing in high potential tech startups globally, SCB 10X, a holding company under the Siam Commercial Bank (SCB) Group, recently announced its investment in Nansen. The series B round of Nansen is led by Accel, with participation from GIC, Andreessen Horowitz (a16z), Tiger Global and SCB 10X. The goals of this new funding round are to reach new investors who can help broaden Nansen’s horizons, expansion of team, addition of new product offerings for both retail and institutional customers, expansion of Nansen’s global presence by adding innovative platform features and multichain integrations, as well as acquisitions. “We are proud to back Alex Svanevik, Evgeny Medvedev, Lars Bakke Krogvig and the team at Nansen, the blockchain data analytics platform which combines on-chain data with a massive database containing 100 million of wallet labels. Nansen’s real-time dashboards help crypto traders and investors navigate through public blockchain information to discover investment opportunities and perform due diligence on DeFi projects and NFTs. As an investor, customer, and active user of Nansen, we are looking forward to working together with Nansen team to bring Nansen to future users in Southeast Asia.” said Mukaya (Tai) Panich, Chief Venture and Investment Officer, SCB 10X. Since its founding in 2020, Nansen has raised a cumulative total of $88 million from the leading global VCs in the fintech, blockchain and crypto space including QCP Capital, Coinbase Ventures, imToken Ventures, Mechanism Capital, Amplify Partners, L1 Digital, Cristobal Conde (Chairman of Fimatix), Skyfall Ventures, Folius Ventures, Old Fashion Research, Adam White (President of Bakkt), Ryan Rabaglia (Libra Capital Ventures), Prabhakar Reddy (Co-Founder of FalconX), Anastasia Andrianova (CEO of Akropolis), and Ameet Patel. “We’re ready for a new phase of growth, accelerating our international expansion, scaling up our data capabilities to support the wider blockchain ecosystem, and providing global investors with a world-class product to explore the latest crypto trends and make more informed decisions.” said Alex Svanevik, Co-Founder and CEO of Nansen. About SCB 10X  SCB 10X Co., Ltd. is a holding company of Siam Commercial Bank (The SCB Group). SCB 10X was established in January 2020 with a "moonshot mission" to achieve exponential growth through technology innovation and investment via its three arms: Venture Builder, Venture Capital, and Strategic Investment & Partnership. Under the SCB 10X umbrella can be found all the SCB tech companies, namely, Digital Ventures, SCB Abacus, Monix, and Purple Ventures, and tech companies or investments in SCB’s future business pipeline. For more information, please visit www.scb10x.com , or contact: [email protected] . About Nansen Nansen is a blockchain analytics platform that enriches on-chain data with millions of wallet labels. Crypto investors use Nansen to discover opportunities, perform due diligence, and defend their portfolios with real-time alerts. For more information, please visit https://nansen.ai

SCB 10X Investments

34 Investments

SCB 10X has made 34 investments. Their latest investment was in Sygnum as part of their Series B on January 1, 2022.

CBI Logo

SCB 10X Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

1/6/2022

Series B

Sygnum

$90M

Yes

8

12/16/2021

Series B

Nansen

$75M

Yes

8

11/5/2021

Series B

MyCloudFulfillment

$7.4M

No

1

9/2/2021

Series B

Subscribe to see more

$99M

Subscribe to see more

10

7/27/2021

Series D

Subscribe to see more

$99M

Subscribe to see more

10

Date

1/6/2022

12/16/2021

11/5/2021

9/2/2021

7/27/2021

Round

Series B

Series B

Series B

Series B

Series D

Company

Sygnum

Nansen

MyCloudFulfillment

Subscribe to see more

Subscribe to see more

Amount

$90M

$75M

$7.4M

$99M

$99M

New?

Yes

Yes

No

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

8

8

1

10

10

SCB 10X Portfolio Exits

3 Portfolio Exits

SCB 10X has 3 portfolio exits. Their latest portfolio exit was Pagaya on September 15, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

9/15/2021

Acq - Pending

$99M

5

7/22/2021

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

5/17/2021

Merger

Subscribe to see more

Subscribe to see more

10

Date

9/15/2021

7/22/2021

5/17/2021

Exit

Acq - Pending

Acquired

Merger

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Sources

5

10

10

SCB 10X Fund History

1 Fund History

SCB 10X has 1 fund, including SCB 10X.

Closing Date

Fund

Fund Type

Status

Amount

Sources

2/12/2021

SCB 10X

$50M

1

Closing Date

2/12/2021

Fund

SCB 10X

Fund Type

Status

Amount

$50M

Sources

1

SCB 10X Partners & Customers

1 Partners and customers

SCB 10X has 1 strategic partners and customers. SCB 10X recently partnered with Traveloka on March 3, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

3/26/2021

Partner

Traveloka

Indonesia

SCB 10X and Traveloka, to form a new joint venture focusing on digital financial services in Thailand

In line with that goal , SCB 10X today announced the new partnership with Traveloka , Southeast Asia 's leading consumer technology platform focused on travel , local services , and financial services ; to establish `` TREX Ventures '' .

1

Date

3/26/2021

Type

Partner

Business Partner

Traveloka

Country

Indonesia

News Snippet

SCB 10X and Traveloka, to form a new joint venture focusing on digital financial services in Thailand

In line with that goal , SCB 10X today announced the new partnership with Traveloka , Southeast Asia 's leading consumer technology platform focused on travel , local services , and financial services ; to establish `` TREX Ventures '' .

Sources

1

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.