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May 21, 2026
TRIREC
News
TRIREC co-leads $15M round to accelerate rooftop solar in Vietnam
We are pleased to announce Stride's USD $15 million Series B round, co-led by TRIREC via the Accelerate7 platform and Lightrock, with continued participation from Clime Capital and UOB Venture Management.
Stride is Vietnam's leading distributed solar platform, making rooftop solar ownership accessible to households and small businesses through affordable payment plans. This investment supports TRIREC's mandate to accelerate decarbonization across key markets, backing a capital-efficient, high-impact business at an inflection point in Vietnam's rapidly growing residential solar market.
Read more in our full press release here.
May 16, 2026
TRIREC partners with Lightrock to launch US$500M fund
We are pleased to announce the launch of Accelerate7 following the final close of a $500 million fund.
The fund mandate addresses one of the most critical and underfunded challenges and impacts tied to UN SDG 7 — expanding access to reliable, affordable, and clean energy for underserved communities. It is dedicated to scaling growth-stage businesses and solutions across Southeast Asia, South Asia, and Sub-Saharan Africa.
Read more in our full press release here.
April 6, 2026
TRIREC
News
TRIREC partners with Urban SustaInnovator (USI)
We are excited to be part of the Urban SustaInnovator (USI) Cohort 1 Kick-Off alongside an inspiring group of founders, mentors, and ecosystem partners.
At TRIREC, we see strong value in platforms like USI that help bridge the gap between early-stage and real-world deployment. The programme brings together high-potential startups from The Lee Kuan Yew Global Business Plan Competition and connects them with the right partners to accelerate commercialisation within Singapore and the broader region.
October 30, 2025
TRIREC
News
We’re thrilled to share TRIREC’s first whitepaper, co-authored with A*STAR - Agency for Science, Technology and Research, exploring one of the most promising frontiers in clean energy and nuclear. Scientific breakthroughs and growing public and private-sector engagement are accelerating its path from aspiration to reality.
This paper unpacks the science, policy efforts, investment momentum, and commercialisation pathways, featuring candid perspectives from global leaders across utilities, academia, and industry.
September 28, 2025
TRIREC
News
TRIREC at the 12th Kee Kuan Yew Global Business Plan (LKYGBPC)
We're proud to have partnered with SMU's Institute of Innovation and Entrepreneurship as a prize sponsor for the 12th Lee Kuan Yew Global Business Plan Competition (LKYGBPC), one of Asia's most exciting university-led startup challenges. This edition focused on Urban Solutions and Sustainability, drawing 50 finalist teams of brilliant young founders to Singapore for BLAZE, a week-long innovation festival culminating in the Grand Finale
September 22, 2025
TRIREC
News
TRIREC’s Latest Investment In ATEC
We’re excited to share that TRIREC and Lightrock have co-led a $15.5M funding round for ATEC, a clean cooking company tackling one of the most urgent challenges in emerging markets: access to safe, affordable, and sustainable cooking solutions.
Today, nearly 2.3 billion people still rely on traditional fuels for cooking - leading to harmful emissions, health risks, and environmental degradation - causing up to 3 million premature deaths per year.
We saw that ATEC's carbon-backed subsidy model as one of the few tech innovations with best-in-class integrity carbon credits to enable voluntary carbon credit market to reach marginalized households across Southeast Asia, South Asia and Africa.
August 20, 2025
TRIREC
News
TRIREC’s Latest Investment in Okapi
We’re thrilled to announce our latest investment into Okapi Technologies—a Malaysian climate-fintech startup revolutionizing residential solar financing.
Okapi’s flagship product is a zero-upfront solar leasing solution that enables homeowners to install solar panels with no initial cost and predictable monthly payments over a 10-year lease. By partnering with local installers, Okapi ensures immediate net savings for customers while simplifying the financing process through instant approvals and streamlined verification.
September 19, 2023
TRIREC
News
TRIREC Latest Investment in Immaterial’s Series A round
We're thrilled to announce our participation in Immaterial's Series A funding round, alongside lead investor SLB and co-investors AP Ventures, Cepsa, Chevron Technology Ventures, Energy Revolution Ventures, and JERA Co.
Immaterial is a Cambridge University spinout that uses its patented monolithic metal-organic framework (m-MOF) technology to deliver low-cost carbon capture from industrial point sources and efficient green hydrogen storage.
January 13, 2023
TRIREC
News
TRIREC Portfolio Companies featured in Cleantech Group Global 100
Great news to start off 2023!
3 of our portfolio companies - Ekona Power, Xpansiv and FreeWire Technologies have been featured in the Cleantech Group 100 report. 2023 is going to be a crucial year for cleantech space, both investors and startups alike. The report spells out key trends across various sectors and also highlights the progress of more than 50 startups in this space…
January 2, 2023
TRIREC
News
Monthly Newsletter
Dear Friends and Colleagues, on behalf of the TRIREC team, our best wishes to you and yours in the new year. Thank you for your valued partnership and we look forward to more of the great relationship in 2023!
At TRIREC, we strive to overcome challenges across the globe and dive deeper into the world of sustainability. We actively seek opportunities within decarbonization and delve into new investment ideas to adapt to the new norm. The team continues to maintain close relationships with our portfolio companies and will provide support when necessary…