- Clime Capital closed $127M for its Southeast Asia clean energy fund.
- It will back startups enabling regional decarbonization and energy transition.
- Strong returns from prior deals show urgent investor appetite for climate action.
South East Asia Clean Energy Fund II
Singapore-based investment firm Clime Capital has completed the first close of its South East Asia Clean Energy Fund II (SEACEF II), raising $127 million to back regional decarbonization efforts.
Key LPs include Allied Climate Partners and the Global Energy Alliance.
The new fund will provide early-stage capital to renewable energy, energy efficiency, electric mobility, and grid technology startups across Southeast Asia.
SEACEF II aims to accelerate the region’s transition from fossil fuels to more sustainable models.
Current deals
Clime’s first SEA clean energy vehicle has deployed $12 million into 12 companies since 2020.
According to Clime, those deals have already generated 27x returned capital – strong results that reflect urgent investor appetite.
“The climate crisis demands urgent action,” said Clime CEO Mason Wallick.
The firm expects to announce additional SEACEF II funding partners soon as it works to catalyze climate innovation in one of the world’s highest emissions-growth regions.
