AddVentures by SCG is the corporate venture capital (CVC) arm of SCG (Siam Cement Group), one of Southeast Asia's largest industrial conglomerates. Launched in 2017, AddVentures invests globally in early to growth-stage startups, focusing on technologies synergistic with SCG's core businesses, including industrial, B2B, enterprise tech, smart manufacturing, logistics, clean tech, and digital transformation. Their mission is to help startups scale and to drive innovation and new business opportunities for SCG.
Serves as the central hub for AddVentures' global investment strategy, deal sourcing, due diligence, portfolio management, and fostering collaboration between startups and SCG's business units.
Located within the expansive SCG head office complex, a modern campus known for its sustainable design and comprehensive facilities.
A dynamic and entrepreneurial environment within a large corporate structure, encouraging innovation, strategic thinking, and collaboration. The culture blends corporate expertise with an agile, startup-focused mindset.
The headquarters leverages SCG's extensive resources, industry expertise, and market access in Thailand and Southeast Asia, providing significant advantages to its portfolio companies.
AddVentures by SCG has a global investment mandate with operational presence and focus in Southeast Asia (anchored in Bangkok), the United States (Silicon Valley), Israel (Tel Aviv), and China (Shenzhen). Its global functions include deal sourcing, investment execution, extensive due diligence, portfolio company support and development, facilitating market access via SCG's vast network, and fostering strategic collaborations to drive innovation and new growth engines for SCG's diverse industrial businesses.
1 Siam Cement Road, Bangsue
Bangkok
Bangkok
Thailand
Address: Specific address not publicly listed; operates as a key regional hub in Silicon Valley.
To tap into the vibrant Silicon Valley ecosystem, identify cutting-edge technologies, build strategic relationships with US-based innovators and VCs, and support SCG's global innovation scouting.
Address: Specific address not publicly listed; operates as a key regional hub in Israel.
To access groundbreaking Israeli innovation, foster technology transfer, and support portfolio companies in the region, connecting them with SCG's resources.
Address: Specific address not publicly listed; operates as a key regional hub in China.
To connect with China's rapidly evolving tech landscape, secure strategic partnerships, gain insights into market trends, and support SCG's activities in the Greater China region.
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As of April 2025, (add)ventures' leadership includes:
(add)ventures has been backed by several prominent investors over the years, including:
No major publicly announced executive hires or exits at the Managing Director or equivalent top leadership level of AddVentures by SCG have been identified in the last 12 months. Team composition for CVCs typically evolves with investment professionals joining or moving to other roles, often without broad public announcements.
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AddVentures by SCG, as the corporate venture capital arm of SCG, likely utilizes professional email formats. Common patterns for companies like SCG and its subsidiaries often involve combinations of first name and last name, or initials. The domain used is @addventures.co.th.
[first].[last]@addventures.co.th or [first_initial][last]@addventures.co.th
Format
joshua.p@addventures.co.th
Example
75%
Success rate
DealStreetAsia • November 1, 2023
AddVentures by SCG, the CVC arm of Siam Cement Group, co-led a US$3.5 million Series A funding round for Gush, a Singapore-based advanced materials startup. Gush is known for its sustainable building solutions, including air-purifying paint and non-combustible panels. Wavemaker Partners also participated in the round....more
Enterprise Singapore • July 12, 2023
AddVentures by SCG has joined SEEDS Capital, the investment arm of Enterprise Singapore, as a co-investment partner. This collaboration aims to catalyse over S$20 million in investments into Singapore-based deep tech startups, focusing on sectors like advanced manufacturing, agri-food tech, and sustainability....more
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