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