100x100

Profile

100x100 is a climate-focused venture builder based in Singapore, established by the team behind Wavemaker Impact. The firm aims to create impactful climate startups and has rebranded from Wavemaker Impact to 100x100 as it became an independent fund manager. The firm consists of a six-partner investment team including founding partners Marie Cheong and Quentin Vaquette. What sets them apart is their emphasis on building companies capable of significantly reducing global emissions while also achieving substantial revenue targets.

100x100 invests in sectors crucial to combating climate change, such as agriculture, energy, industry, materials, and buildings, with a geographic focus on Southeast Asia and India. The firm operates with a venture-building strategy rather than traditional investment, committing to the creation of 50 new startups with its recent $100 million Climate Fund II. Previously, it managed a $60 million Fund I established in 2023. The firm's portfolio companies have collectively raised over $28 million from various investors, including international development and investment organizations.

Notable investments include Rize, an agricultural technology startup that reduces methane emissions in rice farming, and Helios, a solar energy company in the Philippines. Their notable commitment to environmental impact is reflected in their aim to mitigate 10% of the global carbon budget by facilitating each company to abate 100 million tonnes of CO2 equivalent while reaching significant revenue targets.