Singapore-based climate venture builder and investment firm 100×100 has announced the launch of its second investment vehicle, Fund II, with a target corpus of US$100 million. The new fund will focus on creating and scaling 50 climate technology startups aimed at addressing some of the world’s most pressing emissions and sustainability challenges.
The initiative reflects growing investor interest in climate innovation as governments and businesses seek scalable solutions to accelerate the global transition to a low-carbon economy.
New Fund to Accelerate Climate Innovation
Founded by the team behind climate venture builder Wavemaker Impact, 100×100 plans to use Fund II to support entrepreneurs developing businesses across sectors such as energy, agriculture, land use, industrial decarbonisation, sustainable materials, buildings, and supply chains.
Unlike traditional venture capital firms that primarily invest in existing startups, 100×100 follows a venture-building model. The company partners with experienced founders to create businesses from the ground up, helping transform promising climate technologies into commercially viable companies.
The firm believes that many low-emission technologies already exist but often struggle to scale due to a lack of commercialisation support, market access, and operational expertise.
Focus on India and Southeast Asia
The fund will primarily target opportunities across India and Southeast Asia, regions that are increasingly becoming critical hubs for climate innovation, manufacturing, food production, and clean energy deployment.
As countries focus on strengthening supply chain resilience, achieving energy security, and reducing emissions, demand for scalable climate solutions is expected to increase significantly.
According to 100×100, the region sits at the intersection of several global megatrends, including industrial reshoring, artificial intelligence infrastructure growth, clean energy expansion, and food system transformation.
Climate Impact Meets Business Growth
The company’s investment strategy is built around the belief that climate action and financial returns can go hand in hand.
100×100 estimates that each startup it creates has the potential to:
- Reduce up to 100 million metric tonnes of carbon emissions
- Generate more than US$100 million in annual revenue
- Build scalable and commercially sustainable businesses
The firm views climate innovation as one of the largest economic opportunities of the coming decade, driven by increasing demand for decarbonisation technologies and sustainable business models.
Leadership Perspective
Commenting on the launch, Marie Cheong, Founding Partner at 100×100, said the firm remains committed to demonstrating that carbon reduction and profitability are complementary objectives rather than competing priorities.
She noted that Fund II builds on the success of the company’s existing venture-building model and will help accelerate the development of businesses capable of delivering both environmental and economic impact.
Quentin Vaquette, Founding Partner at 100×100, highlighted the strategic importance of Southeast and South Asia in addressing global climate challenges. He noted that the regions account for a significant share of global emissions while simultaneously emerging as key centres for manufacturing, infrastructure development, and technological innovation.
Building the Next Generation of Climate Startups
Since its inception, 100×100 has helped create 27 climate-focused companies operating across various sectors of the sustainability economy.
Its portfolio includes startups working on:
- Renewable energy solutions
- Sustainable agriculture technologies
- Carbon reduction initiatives
- Green materials
- Industrial decarbonisation
- Resource efficiency
- Sustainable building technologies
With Fund II, the company aims to build an additional 50 startups capable of delivering meaningful environmental impact while creating long-term economic value.
Growing Momentum for Climate Venture Capital
The launch comes amid increasing global investment in climate technology and sustainable infrastructure. As governments implement net-zero policies and corporations strengthen decarbonisation commitments, investors are actively seeking opportunities that combine climate impact with scalable business models.
Industry analysts expect climate technology investment to remain a key growth area over the next decade as demand increases for solutions that address emissions reduction, resource efficiency, energy transition, and environmental resilience.
Outlook
The launch of 100×100’s US$100 million Fund II highlights the growing role of venture builders in accelerating climate innovation.
By creating startups from the ground up and focusing on high-impact sectors across India and Southeast Asia, the firm aims to bridge the gap between emerging climate technologies and large-scale commercial adoption.
As the global transition to a low-carbon economy gathers pace, initiatives such as Fund II could play a significant role in supporting the next generation of climate-focused entrepreneurs and sustainable businesses.
