Clime Capital, a climate-focused venture capital firm addressing Southeast Asian markets, has launched its second clean energy fund.

1/21/20241 min read

Clime Capital, the Singapore-based fund manager focused on accelerating the low carbon transition, has on Monday announced the first close of the South East Asia Clean Energy Fund II (SEACEF II), with $127 million committed.

SEACEF ll is the first blended investment fund established in Southeast Asia to provide early-stage high-risk capital to support promising businesses accelerating the region’s low-carbon transition, Clime Capital said in a statement.

Like SEACEF I, SEACEF II will invest in promising renewable energy generation, energy efficiency, electric mobility, and electrical grid businesses at their early-stage, high-risk development phases. -