SCB 10X
About SCB 10X
SCB 10X is the investment arm of SCBX Group, focusing on disruptive technologies and innovations. Founded in January 2020 and headquartered in Bangkok, Thailand, SCB 10X aims to create long-term value and build future Thai unicorns. The company operates as a "Speedboat," exploring groundbreaking innovations in the financial services sector to integrate into SCBX.
With approximately $525 million in assets under management, SCB 10X invests in early-to-growth stage startups globally, particularly in AI, blockchain, and fintech. The firm has a diverse portfolio of over 66 investments, including n Per Crunchbase, SCB 10X has made 66 investments, 11 as lead investor across 59 portfolio companies, with 9 exits including 2 IPOs.
The firm's venture page describes SCB 10X Venture Capital as the venture capital arm of SCBX, which it calls Thailand's leading financial technology business group. The page says the firm invests in entrepreneurs and funds worldwide. Its LinkedIn page, which lists about 26,000 followers, names AI/Deep Tech, Blockchain/Web3 and Fintech as its investment areas. I could not confirm the individual partners who lead the AI work, so no names are given here.
The firm invests in AI both through funds and in companies directly. In April 2026 its newsroom announced an investment in Gradient Fund V, which it describes as expanding its global AI strategy. It also joined AI2 Incubator's $80 million Fund III, which the announcement says will launch 70 applied AI startups. On direct deals, it co-led a $6 million pre-seed round for Hearvana, a company working on superhuman auditory intelligence. Other announced AI deals include Ema, which builds agentic AI systems for enterprises, and Pokee AI, which works on AI-powered workflow automation.
Lounge lists Seed, Series A, Series B and Series C+ as the firm's focus stages. Public deals reach from pre-seed, in the Hearvana co-lead, to a Series C, in the AI21 Labs generative AI round the firm joined in 2023. The sources I reviewed do not disclose check sizes, so none are stated.
- Together AI: an AI company that raised a $1 billion Series C at a $7.5 billion valuation, per the firm's LinkedIn update.
- Ema: builds agentic AI systems for enterprises; the firm announced its investment in 2024.
- Guardrails AI: works on AI safety; the firm announced its investment in 2024.
- AI21 Labs: generative AI company; the firm took part in its Series C in 2023.
- Hearvana: superhuman auditory intelligence; the firm co-led a $6 million pre-seed round.
- Pokee AI: AI-powered workflow automation; the firm announced its investment, round size not stated.
Investing activity
SCB 10X has made 66 investments according to Crunchbase across 59 portfolio companies, and has led 11 rounds and seen 9 exits, 2 of them by IPO.
Deals
Frequently asked questions about SCB 10X
Which AI startups has SCB 10X invested in?
Publicly announced AI deals include Together AI, Ema, Guardrails AI, AI21 Labs, Hearvana and Pokee AI. The firm also backs AI through AI2 Incubator Fund III and Gradient Fund V.
What stages does SCB 10X invest in?
Lounge lists Seed, Series A, Series B and Series C+ as focus stages. Announced deals include a pre-seed co-lead and a Series C participation.
What are SCB 10X's check sizes?
The firm has not published its check sizes in the sources reviewed. Round totals for some deals are public, but the firm's own cheque amounts are not.
Which funds does SCB 10X invest through?
The firm has joined AI2 Incubator's $80 million Fund III and invested in Gradient Fund V. Sizes for its own funds were not found in public sources.
Where can I see SCB 10X's portfolio?
The firm's venture page lists portfolio companies in blockchain and crypto, deeptech and AI/ML. Its newsroom posts each new investment announcement.
Where is SCB 10X based?
SCB 10X is based in Bangkok, Krung Thep, Thailand.
How can founders reach SCB 10X?
Founders on Lounge can see SCB 10X's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add SCB 10X to their Investor Pipeline to track the conversation.