100×100 Launches USD 100 Mn Fund II, to Back 50 climate startups

Climate-focused venture capital fund 100×100 on Thursday launched its second fund (Fund II) with a target corpus of USD 100 million. The firm will deploy this capital to create and scale 50 more high-impact, high-growth companies in India and Southeast Asia.

The launch of Fund II follows the success of the firm’s initial fund of USD60 million. The fund had seen participation from institutional, strategic and family office investors, including the US Development Finance Corporation (DFC) Singapore Economic Development Board (EDB), British International Investment (BII), Triple Jump, Qarlbo Energy, JG Digital Equity Ventures, Kajima Corporation and Beacon Ventures.

Since then, the firm has co-founded 27 companies across eight countries.100×100 says it holds significantly higher equity stakes than traditional VCs, while its portfolio companies operate at 1.5x greater capital efficiency.

To date, 100×100’s Fund I portfolio companies have raised over USD 28 million from 16 external investors and the majority have generated revenue in less than six months of launch.

The VC also highlighted the success of its portfolio firm Rize. The startup reduces methane emissions in rice cultivation and serves smallholder rice farmers. The company successfully generated USD 11 million in revenue in 2025, growing at an impressive 550% year-on-year growth rate whilst improving the livelihood of over 40,000 farmers.

The Fund has also co-built and launched 3 companies in India over the past 10 months, targeting critical areas like bioenergy, efficient cooling and logistics and is currently working with founders across themes in energy transition and agriculture.

The firm’s India operations aim to leverage the talent pool of the 3rd largest startup ecosystem in the world, with India’s climate commitments and economic transformation.

“India is where climate urgency, economic momentum and exceptional entrepreneurial talent converge and where companies that can deliver on that promise are still waiting to be built. That convergence is exactly what our venture building model is designed for. Together with Southeast Asia, we can target 10% of global emissions and through our venture building pathway we want to create some of the most compelling investment opportunities which can scale. In the Indian context, being the first dedicated climate venture builder, we see the opportunity to make a difference in a real sense for a market that has so much to offer.” Subhadeep Sanyal, Partner, 100×100, said in a statement.