SCB 10X, a subsidiary of Siam Commercial Bank (SCB), was founded with the mission to create long-term value through investments in exponential technologies. The organization focuses on empowering passionate entrepreneurs and underserved markets by investing in cutting-edge fields such as big data analytics, blockchain, machine learning, location positioning, and quantum computing. SCB 10X operates through two main pillars: Venture Builder, which aims to build, boost, and scale new ventures, and Venture Capital, which focuses on investing in and empowering innovative startups.
Notable figures affiliated with SCB 10X include key executives from Siam Commercial Bank and prominent investors in the tech industry. The organization has achieved significant milestones, such as establishing its headquarters in the Metaverse and launching various successful projects like DistrictX I. SCB 10X's impact is evident in its global reach and contributions to advancing technology and fostering entrepreneurial ecosystems worldwide.