ABOUT TVCA

To promote Venture Capital
and Private Equity businesses in Thailand.

History

Formal venture capital investment in Thailand was initiated back in early 90s, and the Thai Venture Capital Association (TVCA) was founded in 1994.

TVCA’s members consist of ordinary members which are leading Thai and international venture capital (VC) and private equity (PE) firms and extraordinary members which are companies operating relating businesses such as financial advisory firms, accounting firms and law firms.

In addition to facilitating closer working relationship among members, TVCA has been working with both public and private sectors, providing advisory and network to promote VC leading practices and supporting policies in Thailand.

Investment Sector

TVCA has members from both VC and PE firms with diverse investment domains, including:

INFORMATION TECHNOLOGY

Technology related to software, internet & mobile

BIOTECHNOLOGY

Technology related to agriculture, food & healthcare

INFRASTRUCTURE

Technology related to utilities, energy & manufacturing

BOARD OF DIRECTORS

Thanapong na ranong

President

Thanapong Na Ranong President Thanapong is the Managing Director of Beacon Venture Capital, the venture capital arm of Kasikornbank. With over 20 years of experience in telecommunications and technology industry, Thanapong has been actively involved in the Thailand startup ecosystem since its early days. His first investment deal in Ookbee has been a renowned case that inspired many new generations of Thai entrepreneurs. Among his other investments include Computerlogy, Wongnai Media and Social Nation. Prior to Beacon VC, Thanapong was the Founder and Head of InVent, the pioneer Corporate VC in Thailand by Intouch Holdings since 2012. Thanapong was also the Deputy Director of the Software Industry Promotion Agency (SIPA) and among the founding team of CS Loxinfo which is now a public company (SET: CSL) with an annual revenue of over $100 million.
Thanapong holds an MBA from Sasin Graduate Institute of Business Administration and an executive program certificate in Venture Capital from Haas School of Business, University of California Berkeley.

Nichapat Ark

Vice President

Nichapat Ark is Director for Openspace Ventures, a VC fund based in Singapore with more than US$800mil under management and invests in exceptional Southeast-Asia based startups in series A & B as well as growth stages. Additionally, she is also a member of the steering committee for Sasin School of Management at Chulalongkorn University and has received The Prime Minister Award for Startup Ecosystem Evangelist in 2019.

Nichapat has more than 20 years of experience in financial markets. Her most recent position before she left her banking career was Executive Committee and Managing Director, Financial Markets for Standard Chartered Bank Thailand where she took part in driving the bank's strategic planning and execution functions. During her 10 years with Standard Chartered Bank, she spent 2 years in China as Managing Director of Financial Markets Sales based in Shanghai. Nichapat obtained her Master of Business Administration degree, majoring in Finance from Sasin Graduate School of Chulalongkorn University, Bangkok, Thailand, and spent a term on exchange at the Kellogg School of Management at Northwestern University. She received a Bachelor of Business Administration at Assumption University, Thailand.

Sarun Sutuntivorakoon

Treasurer

Sarun is the Partner of N-Vest Venture, a private venture capital firm who focused its investment solely in Thailand for both seed stage to series A startup.
Prior to starting N-Vest Venture, Sarun was experienced in Investment Banking at the Siam Commercial Bank with focus on domestic and cross-border merger and acquisition activities. Sarun has been an active member of start and venture capital communities in Thailand since 2014 and, along with his team, has worked with multiple founders to build their businesses to scale. Sarun is also proactive in working with government bodies to refine the rules and regulations and support programs to promote the growth of startup and VC investment in Thailand.

Sarun holds a B.S. Physics from University of California, Irvine and an MBA from Sasin Graduate Institute of Business Administration.