Trirec

Trirec is an investment holding company established in 2015 and based in Singapore, specializing in renewable energy and clean technology. The company primarily focuses on decarbonization investments across various sectors, including food, agriculture, mobility, buildings, industries, and energy. Trirec aims to support the transition to a more sustainable future by investing in innovative solutions that address environmental challenges.

Justin Lee

Principal, Investments

Mike Lim

Managing Director

21 past transactions

Immaterial

Series A in 2023
Immaterial is a manufacturer and developer of highly porous nanomaterials that significantly enhance the storage and separation of gas molecules. The company's super-adsorbent materials can be integrated into gas tanks, allowing for increased storage capacity without altering pressure or volume. This innovation enables gas companies to reduce costs associated with the separation, storage, and transportation of gas, providing a more efficient solution in the energy sector.

Oort Energy

Seed Round in 2023
Oort Energy specializes in the production of hydrogen electrolyzers, focusing on innovative technologies that lower the cost of green hydrogen. The company manufactures systems designed for energy storage and clean fuel applications, making green hydrogen more economically viable. By providing advanced electrolyzer systems, Oort Energy enables clients to scale their hydrogen production efficiently, thereby promoting the adoption of sustainable energy solutions.

Type One Energy

Seed Round in 2023
Type One Energy Group is dedicated to delivering sustainable and affordable fusion power. Established in 2019 by a team of renowned fusion scientists and experienced business leaders, the company focuses on developing advanced stellarator fusion energy systems. Utilizing proven manufacturing techniques, modern computational physics, and high-field superconducting magnets, Type One Energy aims to create optimized reactor designs. Its FusionDirect development program seeks to establish a fusion power plant within the next decade through a low-risk, efficient approach that emphasizes partnerships and capital efficiency. By advancing fusion technology, Type One Energy aspires to provide reliable and abundant power to meet global energy demands.

Green Li-ion

Series B in 2023
Green Li-ion is a technology company based in Singapore, founded in 2020, that specializes in the recycling of lithium-ion batteries. Its patented multi-cathode technology addresses inefficiencies in traditional battery recycling methods, enabling the rejuvenation of battery cathodes. This innovation not only enhances the purity of the output but also allows lithium-ion batteries to be reused effectively, extending their lifespan without compromising efficiency. By offering a cleaner and faster recycling process, Green Li-ion significantly improves profitability compared to existing methods, thereby mitigating risks to the precious metals industry and contributing positively to environmental sustainability.

ACX

Convertible Note in 2022
ACX Group a leading environmental markets exchange, caters to corporates, financial traders, carbon project developers and other industry stakeholders. ACX leverages its proprietary technology to facilitate and scale growth of the environmental product markets to align with global ambitions of achieving Net Zero. ACX Group, including the regulated ACX Exchange (operated by ACX Ltd and ACX Clearing Corporation Ltd) and the Singapore based AirCarbon Pte. Ltd., provides corporates, financial entities, carbon project developers and other market participants, with an efficient and transparent means of trading environmental instruments. Through leveraging distributed ledger technology, ACX provides a seamless and user-friendly platform, with the lowest transaction fees in the market, to facilitate growth of environmental instrument markets and contribute to the necessary transition to a net zero global economy.

Pyka

Series A in 2022
Pyka, Inc. is a startup based in Oakland, California, that specializes in the development of autonomous electric aircraft for agricultural and cargo applications. Founded in 2016, the company focuses on creating innovative solutions that enhance safety, affordability, and accessibility in aviation. Pyka's aircraft are designed for precision spraying in agriculture, allowing for effective chemical application over diverse terrains while minimizing environmental impact. The technology incorporates advanced flight controllers and onboard sensors to ensure accuracy and efficiency in operations. Additionally, the aircraft can be utilized for cargo transportation, particularly in remote or challenging areas, showcasing their versatility. Through its commitment to sustainability and technological advancement, Pyka aims to transform traditional practices in crop protection and logistics.

Aether Diamonds

Series A in 2022
Aether Diamonds produces the world's first and only diamonds made 100% from captured carbon. Certified B Corp. 2022 Fast Company Top 10 Most Innovative Consumer Goods Companies. 2022 "Best for the World" B Corp.

Green Li-ion

Series A in 2022
Green Li-ion is a technology company based in Singapore, founded in 2020, that specializes in the recycling of lithium-ion batteries. Its patented multi-cathode technology addresses inefficiencies in traditional battery recycling methods, enabling the rejuvenation of battery cathodes. This innovation not only enhances the purity of the output but also allows lithium-ion batteries to be reused effectively, extending their lifespan without compromising efficiency. By offering a cleaner and faster recycling process, Green Li-ion significantly improves profitability compared to existing methods, thereby mitigating risks to the precious metals industry and contributing positively to environmental sustainability.

Newphotonics

Seed Round in 2021
NewPhotonics is a developer of advanced photonic technologies, focusing on the design of Photonics Engines and silicon photonics integrated circuits (PICs) to enhance optical communications in data centers. The company's innovative solutions aim to replace traditional complementary metal-oxide-semiconductor (CMOS) technologies with cost-effective and efficient silicon photonics chipsets. This transformation significantly reduces power consumption, improves reliability, and alleviates data rate bottlenecks, particularly for compute and artificial intelligence workloads. By offering all-optics optical communication chips that eliminate the need for digital signal processing and traditional optical front ends, NewPhotonics supports manufacturers in achieving energy savings and reducing material costs. Through its commitment to innovation in the photonics sector, NewPhotonics seeks to advance the capabilities of data transmission within hyper-scale data centers.

Youkuai

Series A in 2021
Youkuai is a plant-based protein producer focused on creating innovative plant-based superfoods. Youkuai’s main product is Z-Rou, a plant-based pork alternative that is tasty, and healthier and more sustainable than traditional pork. Z-Rou currently comes in minced and ground formats and is being sold across China. The company is headquartered in Shanghai, China and aims to become a global food brand that champions plant-based diets and a brighter future of food.

Zrou

Series A in 2021
Zrou provides consumers with delicious, healthy, and sustainable meat substitutes, and brings consumers new cooking options.

Hungry Planet

Series A in 2021
Hungry Planet is a St. Louis, Missouri-based food and beverage company founded in 2016 by Todd and Jody Boyman. The company specializes in producing a diverse range of plant-based meats that replicate the taste and texture of traditional meats, enabling culinary versatility across various cuisines. Its product lineup includes plant-based options such as chicken, beef, pork, turkey, lamb, crab, Italian sausage, breakfast sausage, and chorizo, allowing consumers to substitute these alternatives in their meals seamlessly. Hungry Planet focuses on creating nourishing, delicious products that promote healthier eating habits while also supporting environmental sustainability.

FreeWire

Series C in 2021
FreeWire Technologies, Inc. specializes in mobile electric vehicle (EV) chargers and battery-integrated charging solutions. Founded in 2014 and based in San Leandro, California, the company produces various models, including the Mobi Charger series, which caters to different charging needs with options for manual operation and semi-autonomous functionality. FreeWire's flagship product, the Boost Charger, connects to existing low-voltage utility services and provides high-power charging without requiring significant grid upgrades. This innovative technology allows for ultrafast EV charging, making it suitable for diverse applications, including commercial customers, fleets, and retail locations. FreeWire has established partnerships with major companies and is actively deploying its solutions across the U.S. and internationally, including a collaboration with bp pulse in the UK. By offering clean and efficient power alternatives, FreeWire aims to support the transition away from fossil fuels and enhance the EV charging infrastructure.

SolarHome

Series A in 2020
SolarHome is a pioneering company in Southeast Asia, specializing in Pay-As-You-Go solar solutions for off-grid households. The company installs integrated solar energy systems and appliances in homes and offers affordable rent-to-own plans, significantly lowering the barriers to solar technology adoption for low-income clients. With a focus on social impact, SolarHome targets the 27 million households in Southeast Asia that lack access to the electric grid. Headquartered in Singapore, the company currently operates in Myanmar and aims to provide sustainable energy solutions to underserved communities. SolarHome was developed by FORUM, a leading fintech venture builder in Emerging Asia, which supports its innovative approach to renewable energy access.

Gush

Seed Round in 2020
Gush specializes in the development of sustainable materials for the built environment, focusing on organic interior paints and advanced building materials. Their products are designed to enhance indoor air quality and overall well-being while minimizing environmental impact. Gush paints are free of volatile organic compounds and incorporate negative ions that offer health benefits, such as neutralizing free radicals and promoting blood circulation. Additionally, these paints purify the air by eliminating bacteria, regulating humidity, and preventing mold growth, thereby providing safer alternatives to conventional paint materials. Through these innovations, Gush aims to address health complications associated with indoor air pollution.

FreeWire

Series A in 2018
FreeWire Technologies, Inc. specializes in mobile electric vehicle (EV) chargers and battery-integrated charging solutions. Founded in 2014 and based in San Leandro, California, the company produces various models, including the Mobi Charger series, which caters to different charging needs with options for manual operation and semi-autonomous functionality. FreeWire's flagship product, the Boost Charger, connects to existing low-voltage utility services and provides high-power charging without requiring significant grid upgrades. This innovative technology allows for ultrafast EV charging, making it suitable for diverse applications, including commercial customers, fleets, and retail locations. FreeWire has established partnerships with major companies and is actively deploying its solutions across the U.S. and internationally, including a collaboration with bp pulse in the UK. By offering clean and efficient power alternatives, FreeWire aims to support the transition away from fossil fuels and enhance the EV charging infrastructure.

Ample

Series A in 2018
Ample, Inc. is a San Francisco-based company that specializes in electric battery stations and offers innovative battery swap solutions for electric vehicles. Founded in 2014, Ample operates within the smart energy sector, focusing on enhancing energy delivery for electric transportation. The company employs autonomous robotics and advanced battery technology to facilitate efficient energy exchange. Ample's unique battery system utilizes smaller, interchangeable battery modules, allowing compatibility with a diverse range of vehicles. This approach aims to streamline the charging process, making electric vehicle use more accessible and convenient for consumers.

SolarHome

Convertible Note in 2018
SolarHome is a pioneering company in Southeast Asia, specializing in Pay-As-You-Go solar solutions for off-grid households. The company installs integrated solar energy systems and appliances in homes and offers affordable rent-to-own plans, significantly lowering the barriers to solar technology adoption for low-income clients. With a focus on social impact, SolarHome targets the 27 million households in Southeast Asia that lack access to the electric grid. Headquartered in Singapore, the company currently operates in Myanmar and aims to provide sustainable energy solutions to underserved communities. SolarHome was developed by FORUM, a leading fintech venture builder in Emerging Asia, which supports its innovative approach to renewable energy access.

Packet Greens

Seed Round in 2017
Packet Greens is a provider of hydroponic cultivation solutions that focuses on delivering fresh, pesticide-free produce directly to families in Singapore. By eliminating the use of distributors, the company ensures that customers receive affordable harvests at their doorsteps. Utilizing advanced indoor farming technology, Packet Greens aims to contribute to Singapore’s food self-sufficiency goals by growing a diverse range of vegetables. Their subscription-based platform integrates hydroponics with automation, allowing for precise nutrient and water management, which reduces waste and enhances land-use efficiency. This innovative approach enables farmers to boost productivity and optimize their output while making fresh, local produce accessible to more families.

Sunseap

Series B in 2015
Sunseap is a Singaporean company specializing in solar and clean energy solutions, established in 2011. It offers a comprehensive range of services, including project financing, design, installation, and maintenance, aimed at providing cost-effective clean energy alternatives. Sunseap operates as both a licensed Electricity Wholesaler and Retailer, which allows it to implement two primary business models: solar leasing and clean electricity supply. By leveraging its expertise in developing grid-connected photovoltaic power plants, Sunseap diversifies the energy portfolio for businesses and supports the transition to sustainable energy practices.
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