TLDR:
– Sita Chantramonklasri, founder of Siam Capital, was inspired by the 2004 Thailand tsunami to invest $50 million in sustainability
– She raised almost $50 million for her firm’s first fund and has invested in companies at the intersection of sustainability and consumer infrastructure
The founder of Siam Capital, Sita Chantramonklasri, was deeply impacted by the 2004 Thailand tsunami that struck when she was 12 years old. Witnessing the uneven recovery that divided the privileged from the less fortunate, she decided to focus her investment thesis on sustainability. Chantramonklasri, a New York-based investor, raised nearly $50 million for her firm’s first fund, which has been used to invest in companies that work towards sustainability within the consumer infrastructure sector. Her firm has backed startups like Helaina, Novi, and Tomorrow Farms, among others. Chantramonklasri emphasizes the importance of investing for long-term returns and believes that consumer habits will be influenced by environmental and economic pressures in the future, making sustainability a critical focus for businesses. Despite the urgency in the climate tech space, she advocates for a careful and thoughtful approach to ensure that investments generate venture-like returns.
