SCB Group

Company

Investment-firm

General

About Company
SCB Group is a corporate investor based in Thailand that focuses on funding startups in the assisted living and healthcare sectors.

Industry

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Also Known As

SCB Thailand, Siam Commercial Bank

founded date

01.01.1906

Number of employees

Company Type

For Profit

IPO status

Private

Description

SCB Group, established in 1906, is a corporate investor located in Bangkok, Thailand. They primarily invest in startups that are one year old or less, with a particular interest in the assisted living and healthcare industries. The fund does not have a specific preference for the founders of portfolio startups, but startups with four or more founders have a lower chance of receiving investment. Some of the popular portfolio startups of SCB Group include Pagaya Investments, Neuron Mobility, and Pulse iD. Despite being founded in Thailand, the fund frequently invests in Singapore. SCB Group typically invests in rounds with five participants and often co-invests with Viola Ventures, Sumitomo Mitsui Banking Corporation, and Ping An Bank. The fund is known for investing in deals ranging from $50 million to $100 million and has been active since 2018. Compared to other organizations, SCB Group has a higher rate of exit commitments. They are involved in 2-6 deals per year and tend to invest 9 percentage points less than the average amount in lead investments.
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