Ecobiz.asia — Singapore-based climate venture builder and investment firm 100×100 has launched its second fund targeting US$100 million, aiming to create and scale 50 climate-focused companies across Southeast Asia and India to accelerate the deployment of low-emissions technologies.
The new fund will focus on building businesses in sectors including energy, food, materials and supply chains, which are being reshaped by rising demand, geopolitical fragmentation, resource constraints and the push for greater national self-sufficiency.
“We believe that solving the world’s most pressing emissions challenges also represents a significant economic opportunity,” said Marie Cheong, Founding Partner of 100×100, on Wednesday (June 17, 2026).
“Our name reflects our conviction that profit and carbon reduction are not a trade-off, but a multiplier. With Fund II, we are doubling down on a demonstrated strategy with a platform that is ready to go,” she said.
Unlike traditional venture capital firms that invest in existing startups, 100×100 partners with experienced entrepreneurs to build companies from the ground up. The firm said each venture is designed with the potential to abate 100 million tonnes of carbon dioxide equivalent emissions while generating at least US$100 million in annual revenue.
The launch follows the firm’s first fund, which reached its US$60 million hard cap in 2023 and attracted backing from institutional investors, strategic partners and family offices, including the U.S. International Development Finance Corporation (DFC), Singapore Economic Development Board (EDB), British International Investment (BII), Triple Jump, Qarlbo Energy, JG Digital Equity Ventures, Kajima Corporation and Beacon Ventures.
Since then, 100×100 has co-founded 27 companies across eight countries. The firm said its portfolio survival rate is nearly twice the venture capital industry average, supported by a venture-building model that combines higher ownership stakes with hands-on operational involvement.
The company sees Southeast Asia and India as key markets for climate innovation, driven by growing energy demand, industrial expansion and increasing pressure to decarbonize major sectors of the economy.
Quentin Vaquette, Founding Partner of 100×100, said Southeast and South Asia are emerging as critical regions for global decarbonization efforts while simultaneously becoming hubs for manufacturing, artificial intelligence infrastructure and food-system transformation.
“By deploying our venture-building infrastructure here, with a target of reducing 10% of global emissions collectively, we are building the very companies the world needs right now — and that will become the most compelling investment opportunities of this decade,” Vaquette said. ***
