100×100 Launches $100 Million Fund to Build 50 New Climate Tech Companies

Singapore-based climate company builder and fund management platform 100×100 announced the launch of its second fund, “Fund II,” aimed at creating and scaling 50 new climate tech startups across South Asia and India.

The firm said that it is seeking to raise $100 million for the new fund, compared with its predecessor, Fund I, which hit its hard cap at US$60 million in 2023.

Founded in 2025 out of venture capital investor Wavemaker Partners, 100×100 develops and co-founds climate technology companies focused solutions to address the largest emissions problems. To date, 100×100 has co-built 27 companies, with a portfolio spanning land-use, agriculture, energy, industry, materials, and buildings across Southeast Asia and India. The firm added that each of its built companies has the potential to abate 100 million tons of carbon dioxide equivalent and achieve US$100 million in revenue.

The company said that the launch of the new fund comes as rising energy demand, geopolitical fragmentation, resource constraints, and growing interest in domestic industrial resilience accelerate demand for low-emissions technologies. The new fund will focus on bridging the gap between low-emissions technologies and large-scale commercial deployment, the company added.

According to 100×100, its operating model involves identifying “white space” opportunities in high-emissions sectors, with every venture intentionally built to capture a ‘green discount’ by delivering cost or economic advantages while driving down emissions. To support this process, the firm evaluates more than 1,000 entrepreneurs annually to identify founders with the operational expertise required to scale climate-focused businesses.

100×100 said that its portfolio companies have raised over $28 million to date from 16 external investors, with most generating revenue within six months of launch. Portfolio company Rize, which focuses on reducing methane emissions from rice cultivation, generated $11 million in revenue in 2025 while supporting more than 40,000 smallholder farmers. Another portfolio company, Philippine residential solar provider Helios, has recorded monthly growth of more than 40% over the past year.

Quentin Vaquette, Founding Partner at 100×100, said:

“Southeast and South Asia sit at the intersection of the world’s most urgent challenges — holding a disproportionate share of global emissions while increasingly becoming a key region for manufacturing reshoring, AI infrastructure buildout, and food system redesign. By deploying our venture-building infrastructure here, with a target of reducing 10% of global emissions collectively.”