TRIREC Venture
Decarbonization is the name of the game. We maximize efforts on 5 decarbonization verticals namely Energy, Buildings, Mobility and Industries.
Fund Mandate
TRIREC’s investment mandate is centred on accelerating global decarbonization through scalable, technology-driven solutions. Across all three funds, we have focused on backing companies that sit at the intersection of climate impact and long-term commercial viability. Our investments span the Energy, Buildings, Mobility, and Industrial sectors, targeting the key systems that underpin the global transition to a low-carbon economy. While the climate-tech landscape has evolved significantly over the past decade, our core conviction has remained unchanged: that meaningful decarbonization requires both innovation and infrastructure at scale. Today, we continue to support technologies that strengthen energy systems, improve resource efficiency, and enable the industrial transformation required for a more resilient future.
Overview of Our Funds
Fund I – Climate-Tech 1.0 (2015)
Focused on foundational climate infrastructure, backing early innovations in solar, storage, and mobility across the U.S. and Southeast Asia as falling renewable energy costs accelerated electrification.
Key exits from this fund include Sunseap, Gazelle, and Xnergy, reflecting strong value creation across early climate technologies.
Fund II – Climate-Tech 1.5 (2022)
Shifted toward infrastructure-scale solutions, investing in technologies such as green hydrogen and carbon markets that could integrate with existing industrial systems and support large-scale decarbonization.
Fund III – Climate-Tech 2.0 (2025)
Expands into regional resilience and industrial transformation, targeting advanced materials, next-generation energy solutions, CCUS, and AI-enabled technologies to accelerate scalable deployment across Asia.
Our Portfolio
With the clarity of intent and purpose, we chase impact and deliver performance.
We maximize our efforts on decarbonization, investing in entrepreneurs whose exceptional innovations decarbonizes the world. Our support enables entrepreneurs to achieve what is better for planet Earth.
Fund Portfolio
Packet Greens
Indoor vertical farming
Solar Home
Clean energy in emerging communities
Ample
Rapid deployment of EV swapping
FreeWire
EV energy delivery services.
Oyika
CaaS for 2-wheelers
Hungry Planet
Sustainable plant-based proteins
Loa Carbon
Synthetic methane from Co2
In situ H2 production and consumption
Ekona Power
Autonomy in flight
Pyka
YouKuai
Plant based Food
Xpansiv
Global exchange for ESG commodities
Gush
D2C advanced materials product
TRIA
End-to-end solution for packaging
New Photonics
Nextgen integrated photonics
Green Li-ion
Battery/cathode rejuvenation
AirCarbon Exchange
Blockchain enabled carbon exchange
Small scale PEM electrolyzer
Oort Energy
Fiutur
Meta-data registry for global ESG commodity market
Immaterial
MMOF based point source carbon capture
Type One Energy
Stellarator Nuclear Fusion Energy System
Okapi
Residential Solar Financing Product
Exited
Investment Team
Melvyn Yeo
Investment Team, Managing Partner
Investment Team, Partner
Lawrence Wu
Mike Lim
Investment Team, Partner
Justin Lee
Investment Team, Principal
Andrew Wong
Investment Team, Director
Rachel Lim
Investment Team, Associate
Alekhya Gattupalli
Investment Team, Associate