Justin Lee

Principal, Investments

Mike Lim

Partner and Managing Director

21 past transactions

Immaterial

Series A in 2023
Immaterial is a manufacturer and developer of highly porous nanomaterials specifically designed for the storage and separation of gas molecules. The company's super-adsorbent nanomaterials can be integrated into gas tanks to enhance storage capacity while maintaining the same pressure and volume. This innovation significantly reduces the costs associated with the separation, storage, and transportation of gas, presenting a valuable solution for gas companies seeking to optimize their operations.

Oort Energy

Seed Round in 2023
Oort Energy is a manufacturer of hydrogen electrolyzers focused on producing green hydrogen for energy storage and clean fuel applications. By leveraging innovative technologies, the company significantly reduces the cost associated with green hydrogen production, making it more economical for clients. Oort Energy's electrolyzer systems are designed to optimize operational efficiency and minimize capital expenditures, enabling customers to scale their hydrogen production effectively. Through its advancements in green hydrogen technology, Oort Energy aims to facilitate the transition to cleaner energy solutions.

Type One Energy Group

Seed Round in 2023
Type One Energy Group is dedicated to developing sustainable and affordable fusion power solutions. Established in 2019 by a team of esteemed fusion scientists and experienced business leaders, the company focuses on creating advanced stellarator fusion energy systems. Utilizing cutting-edge manufacturing techniques, modern computational physics, and high-field superconducting magnets, Type One Energy aims to optimize its reactor design. The company's FusionDirect program seeks to establish a fusion power plant within the next decade, employing a strategy that emphasizes collaboration with partners and efficient use of capital. By pursuing this innovative approach, Type One Energy aspires to deliver reliable and abundant power to meet the growing energy demands globally.

Green Li-ion

Series B in 2023
Green Li-ion, established in 2020 with headquarters in Singapore, specializes in innovative battery recycling technology. The company's patented deep tech process enhances the purity of recycled materials, allowing lithium-ion batteries to be rejuvenated and reused efficiently. This unique approach addresses environmental concerns and improves profitability compared to conventional recycling methods by a factor of four.

ACX

Convertible Note in 2022
AirCarbon Exchange, based in Singapore, operates a blockchain-based platform designed for trading carbon commodities, including carbon credits generated by various mitigation projects. The exchange facilitates both spot and futures markets, catering to industry stakeholders managing their carbon liabilities. Supported by the Sustainable Energy Association of Singapore and the Digital Exchange Association, AirCarbon tokenizes carbon offsets into three distinct asset classes: the AirCarbon CORSIA Token for offsets compliant with ICAO guidelines, the AirCarbon Forestry Token for offsets from forest management projects, and the AirCarbon Premium Token for high-quality offsets that align with the United Nations Millennium Development Goals. Additionally, AirCarbon manages an investment fund that provides development capital to carbon sequestration initiatives, generating liquidity in the carbon market and enhancing trading volume. The platform aims to streamline trading processes and support the transition to a carbon-constrained economy while contributing to verified projects that reduce atmospheric carbon.

Pyka

Series A in 2022
Pyka, Inc. is a startup based in Oakland, California, that specializes in the development of autonomous electric aircraft tailored for agricultural applications and cargo transportation. Founded in 2016, the company focuses on creating innovative solutions to enhance safety, affordability, and accessibility in aviation. Pyka's aircraft are designed for complex agricultural tasks, such as precision spraying of chemicals over varied terrains, employing advanced flight controllers and onboard sensors. These fully electric planes aim to minimize environmental impact while maximizing operational efficiency, making aerial crop protection more targeted and less harmful to surrounding ecosystems. Additionally, Pyka's technology is versatile enough to facilitate cargo delivery in remote or challenging locations.

Aether Diamonds

Series A in 2022
Aether Diamonds produces the world's first and only diamonds made 100% from captured carbon. Certified B Corp. 2022 Fast Company Top 10 Most Innovative Consumer Goods Companies. 2022 "Best for the World" B Corp.

Green Li-ion

Series A in 2022
Green Li-ion, established in 2020 with headquarters in Singapore, specializes in innovative battery recycling technology. The company's patented deep tech process enhances the purity of recycled materials, allowing lithium-ion batteries to be rejuvenated and reused efficiently. This unique approach addresses environmental concerns and improves profitability compared to conventional recycling methods by a factor of four.

Newphotonics

Seed Round in 2021
NewPhotonics is a company focused on the development of innovative photonics technologies, specifically through the design of Photonics Engines and silicon photonics integrated circuits (PICs). These advanced optics chips aim to replace traditional complementary metal-oxide-semiconductor (CMOS) technology, offering efficient and cost-effective solutions for optical communications in hyper-scale data centers. By enhancing the transmission of data, NewPhotonics significantly reduces power consumption and improves reliability, effectively addressing data rate bottlenecks associated with compute and AI workloads. The company's commitment to innovation in the photonics sector positions it at the forefront of transforming optical services, providing manufacturers with solutions that lead to both energy savings and reduced material costs.

Youkuai

Series A in 2021
Youkuai is a plant-based protein producer focused on creating innovative plant-based superfoods. Youkuai’s main product is Z-Rou, a plant-based pork alternative that is tasty, and healthier and more sustainable than traditional pork. Z-Rou currently comes in minced and ground formats and is being sold across China. The company is headquartered in Shanghai, China and aims to become a global food brand that champions plant-based diets and a brighter future of food.

Zrou

Series A in 2021
Zrou specializes in the development of plant-based meat substitutes, offering consumers a range of delicious and healthy alternatives to traditional meat products. By utilizing various non-meat ingredients, Zrou creates ground meat products that not only cater to health-conscious individuals but also promote sustainable eating habits. The company aims to expand cooking options for consumers, making it easier to incorporate nutritious, meat-free choices into their diets.

Hungry Planet

Series A in 2021
Hungry Planet is a St. Louis, Missouri-based food and beverage company founded in 2016 by Todd and Jody Boyman. The company specializes in crafting a diverse range of plant-based meats designed to replicate the taste and texture of conventional meats. Its product lineup includes offerings such as Hungry Planet Chicken, Beef, Italian Sausage, Chorizo, and Crab, among others. These plant-based alternatives are intended for one-to-one substitution in various culinary applications, allowing consumers to enjoy familiar flavors while promoting a healthier lifestyle and a reduced environmental impact. Hungry Planet's mission centers on providing nourishing and delicious food options that support both personal well-being and ecological sustainability.

FreeWire

Series C in 2021
FreeWire Technologies, Inc. is a manufacturer of mobile electric vehicle (EV) chargers, focused on providing innovative charging solutions that enhance the accessibility of EV charging infrastructure. Established in 2014 and based in San Leandro, California, the company produces several models, including the Mobi Charger v0, v1, and v2, which cater to varying charging needs and capabilities. FreeWire’s flagship product, the Boost Charger, integrates battery technology with power conversion systems, allowing for high-power charging without the need for extensive grid upgrades. This technology enables ultrafast charging at locations that typically lack sufficient electrical infrastructure. FreeWire has successfully deployed its battery-integrated chargers across the United States, serving Fortune 100 companies, commercial clients, fleets, and retail spaces, and has partnered with major organizations to expand its reach. Additionally, the company's systems provide clean and quiet power solutions, effectively replacing or supplementing diesel generators for various remote power applications, thereby supporting the transition away from fossil fuels.

SolarHome

Series A in 2020
SolarHome is a pioneering company specializing in Pay-As-You-Go (PAYG) solar solutions for off-grid households in Southeast Asia. Based in Singapore, SolarHome installs integrated solar energy units in customers' homes and offers affordable rent-to-own plans, making solar technology accessible to low-income clients. The company focuses on delivering significant social impact by serving the 27 million households across Southeast Asia that live outside of the electric grid. Currently, SolarHome operates primarily in Myanmar and was initially developed by FORUM, a leading fintech venture builder in Emerging Asia.

Gush

Seed Round in 2020
Gush is a manufacturer focused on developing sustainable materials for the built environment, particularly organic interior paints and advanced building materials. The company's products aim to enhance indoor air quality and overall well-being by eliminating health risks associated with indoor air pollution. Gush's paints are free from volatile organic compounds and are designed to release negative ions, which can neutralize free radicals, promote blood circulation, and purify the air by eliminating bacteria, regulating humidity, and preventing mold growth. By offering safe alternatives to traditional paint materials, Gush prioritizes both environmental protection and the health of its clients.

SolarHome

Debt Financing in 2019
SolarHome is a pioneering company specializing in Pay-As-You-Go (PAYG) solar solutions for off-grid households in Southeast Asia. Based in Singapore, SolarHome installs integrated solar energy units in customers' homes and offers affordable rent-to-own plans, making solar technology accessible to low-income clients. The company focuses on delivering significant social impact by serving the 27 million households across Southeast Asia that live outside of the electric grid. Currently, SolarHome operates primarily in Myanmar and was initially developed by FORUM, a leading fintech venture builder in Emerging Asia.

FreeWire

Series A in 2018
FreeWire Technologies, Inc. is a manufacturer of mobile electric vehicle (EV) chargers, focused on providing innovative charging solutions that enhance the accessibility of EV charging infrastructure. Established in 2014 and based in San Leandro, California, the company produces several models, including the Mobi Charger v0, v1, and v2, which cater to varying charging needs and capabilities. FreeWire’s flagship product, the Boost Charger, integrates battery technology with power conversion systems, allowing for high-power charging without the need for extensive grid upgrades. This technology enables ultrafast charging at locations that typically lack sufficient electrical infrastructure. FreeWire has successfully deployed its battery-integrated chargers across the United States, serving Fortune 100 companies, commercial clients, fleets, and retail spaces, and has partnered with major organizations to expand its reach. Additionally, the company's systems provide clean and quiet power solutions, effectively replacing or supplementing diesel generators for various remote power applications, thereby supporting the transition away from fossil fuels.

Ample

Series A in 2018
Ample, Inc. is a San Francisco-based company that specializes in electric battery stations and battery swap solutions for electric vehicles. Founded in 2014, Ample operates within the smart energy sector, focusing on enhancing the efficiency of energy delivery for electric transportation. The company employs autonomous robotics and innovative smart battery technology to facilitate its services. Ample's battery system is designed with smaller, interchangeable battery modules that can be adapted to fit a diverse range of vehicles, addressing the challenges associated with electric vehicle charging and promoting greater accessibility to electric transportation solutions.

SolarHome

Convertible Note in 2018
SolarHome is a pioneering company specializing in Pay-As-You-Go (PAYG) solar solutions for off-grid households in Southeast Asia. Based in Singapore, SolarHome installs integrated solar energy units in customers' homes and offers affordable rent-to-own plans, making solar technology accessible to low-income clients. The company focuses on delivering significant social impact by serving the 27 million households across Southeast Asia that live outside of the electric grid. Currently, SolarHome operates primarily in Myanmar and was initially developed by FORUM, a leading fintech venture builder in Emerging Asia.

Packet Greens

Seed Round in 2017
Packet Greens is a provider of hydroponic cultivation solutions that focuses on delivering fresh, pesticide-free produce directly to consumers' doorsteps in Singapore. By leveraging advanced indoor farming technology and automation, the company enhances land-use efficiency and minimizes resource wastage through precise nutrient and water delivery systems. This innovative approach allows Packet Greens to grow a diverse range of vegetables at affordable prices, contributing to the local food supply and supporting Singapore's self-sufficiency goals. The subscription-based model ensures that families receive fresh harvests regularly, promoting healthier eating habits while eliminating the need for intermediaries in the supply chain.

Sunseap Group

Series B in 2015
Sunseap Group is a Singapore-based provider of solar and clean energy solutions, established in 2011. The company specializes in developing and offering cost-effective solar solutions, catering to the diverse energy needs of its clients. Sunseap operates as both a licensed Electricity Wholesaler and Electricity Retailer, which allows it to implement two primary business models: solar leasing and clean electricity supply. The company delivers a comprehensive service that includes project financing, design, installation, and maintenance of grid-connected photovoltaic power plants. By providing an integrated approach to clean energy services, Sunseap aims to facilitate the transition to sustainable energy for businesses and contribute to a greener future.
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