100×100 Raises $100M Fund II to Back 50 New Climate Companies in India and Southeast Asia

The company, founded by the team behind Wavemaker Impact, plans to use the new fund to create and grow 50 more climate-focused startups. These companies will work on solving some of the world's biggest emissions and sustainability challenges while building scalable, high-growth businesses.

Growing demand, global tensions, limited resources, and the need for countries to become more self-reliant are changing industries such as energy, food, materials, and supply chains. Many low-emission technologies already exist, but they often struggle to reach large-scale commercial use.

100x100 aims to bridge this gap by building new companies around promising climate technologies. Instead of investing in existing startups, the firm partners with experienced entrepreneurs to create businesses from scratch in Southeast Asia and India.

The company believes that every startup it builds can have a major impact, with the potential to reduce 100 million tons of carbon emissions and generate US$100 million in annual revenue.

"We believe that solving the world's most pressing emissions challenges also represents a significant economic opportunity," said Marie Cheong, Founding Partner, 100x100. "Our name reflects our conviction that profit and carbon reduction are not a trade-off, but a multiplier. With Fund II, we are doubling down on a demonstrated strategy with a platform that is ready-to-go."

"Southeast and South Asia sit at the intersection of the world's most urgent challenges — holding a disproportionate share of global emissions while increasingly becoming a key region for manufacturing reshoring, AI infrastructure buildout, and food system redesign. By deploying our venture-building infrastructure here, with a target of reducing 10% of global emissions collectively, we are building the very companies the world needs right now — and that will become the most compelling investment opportunities of this decade," added Quentin Vaquette, Founding Partner, 100x100."

100x100 is a climate-focused company builder and venture capital fund. Its goal is to create scalable businesses that help solve some of the world's biggest carbon emissions challenges.

Unlike traditional investors, 100x100 does more than provide funding. The firm works closely with experienced entrepreneurs to build companies from the ground up. It aims to create startups that can reduce 100 million metric tons of carbon emissions and grow into businesses generating US$100 million in revenue.

So far, 100x100 has helped build 27 companies. The firm is now raising its second fund to create 50 more startups. Its portfolio includes companies working in areas such as land use, agriculture, energy, industry, materials, and buildings across Southeast Asia and India, all focused on building a more sustainable future.

Read Also- BigBasket CEO Hari Menon Steps Down, Amit Nanda Named New CEO