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Logo Firm AddVentures by SCG
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AddVentures by SCG

map marker logo   Thailand

Investor TypeFirm
Type of FundCorporate VC
InvestingThailand

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What is AddVentures by SCG?

AddVentures by SCG is a corporate venture capital fund based in Bangkok, Krung Thep, Thailand.

As the corporate venturing arm of SCG, one of the largest industrial conglomerates in Southeast Asia, AddVentures aims to fuel SCG's digital transformation journey by engaging with innovative tech startups around the globe. They focus on partnerships and investment activities, leveraging SCG's vast network and resources within the region, covering businesses in cement and building materials, chemicals, packaging, as well as logistics and trading.

AddVentures invests in startups operating in Industrial, B2B, and Enterprise verticals, concentrating on areas prioritizing global warming and the carbon economy, such as low carbon materials, sustainable packaging, solar business, energy trading, and electric vehicles. In the realm of industrial 4.0, they look into robotics, smart manufacturing, sensors, AI, predictive analytics, and digital twin technology. Urbanization themes cover energy efficiency and smart living solutions, while their Health & biotech focus includes eldercare and innovative therapeutics.

They also target digital business models including B2B commerce, marketplaces, and enterprise SaaS. AddVentures operates with a global mandate, seeking tech partners worldwide, and emphasizes building a portfolio within verticals where they can offer significant direct and cross-synergies with SCG and its startups. They aim for long-term partnerships without prioritizing short-term financial results, with support for startups to scale quickly using SCG's resources, subsidiaries, and business partners.

AddVentures is committed to helping startups reach their full potential in the fastest way possible, establishing itself as a platform for scaling up ventures across Southeast Asia.

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