KBank launches $100M fund to invest in AI, Web3, and deep tech startups

KBank launches KXVC fund fueled with $100M for all the global startup enthusiasts in AI, Deep Tech, and Web3 fintech striving to make a mark in the APAC region.

• In the Lead: KXVC is spearheaded by KBTG Group Chairman Krating Poonpol, who brings to the table an impressive portfolio of over 100 investments, 4 unicorns, and 10 exits across five funds. With him is KXVC Managing Director Jom Vimolnoht.

• The Objective: KXVC aspires to invest in more than 30 startups and funds globally, with its reach stretching from the US, EU, and Israel to APAC.

• The Strategy: KXVC's approach goes beyond just financially supporting startups. It is about forming strategic alliances and facilitating growth in the APAC region.

• KXVC Interests: This includes consumer-focused AI, cybersecurity, AI/ML tools, and problem-specific AI startups. Other areas of focus include Web3 infrastructures, nodes validators, RPC providers, middleware, modularity technologies, privacy, ZKP, wallets, alternative L1/L2s, shared securities, LsdFi, and consumerisation of NFTs.

KXVC has already partnered with startups and funds that include MagicLink, Transak, 1KX, Hashkey Capital, Symbolic Capital, L2 Iterative Ventures, Instari Ventures, and aifund.ai