VC View: Where is climate-tech in South & Southeast Asia now?

  • Mike Lim, Partner, TRIREC
  • Helen Wong, Managing Partner, AC Ventures
  • Ruchira Shukla, Managing Partner & Co-Founder, Synapses
  • Mason Wallick, Managing Director/Chief Executive Officer, Clime Capital
  • Andi Haswidi, Head of Data & Research, DealStreetAsia (Moderator)

Southeast Asia is quickly becoming a hub for green investments and innovation, driven by the urgent need to manage emissions and strengthen the carbon ecosystem in pursuit of net-zero goals. Southeast Asia-based climate tech startups, which focus on climate adaptation and mitigation solutions, sealed more deals in 2023 than in the previous year, despite turbulent market conditions, according to DealStreetAsia’s report: The State of Climate Tech in SE Asia 2023.
While climate tech in the region has made notable strides over the past year, it still trails behind regions like China, Europe, and the US. However, this gap offers a major opportunity for Southeast Asian countries to adopt cutting-edge technologies and accelerate their development.
VC investors provide essential support to early-stage climate tech startups, enabling the development and commercialization of new technologies aimed at reducing carbon emissions and enhancing sustainability.
This panel will explore the broader landscape of climate tech investing, covering current trends, the outlook for the coming year as well breakthroughs in climate innovation to accelerate Net-Zero goals.