TRIREC Holding Pte Ltd was founded in 2014 to accelerate effective decarbonization by financing breakthrough clean technologies at startups and early-stage companies. Very clear mission-this is how, at the end of the day, one will make a difference both environmentally and financially: support the next generation of innovators and change-makers..

One Strategic Investment

TRIREC's strong performance is based on its strategic and systematic way of selection investment. "Investment criterion for us is art and science," co-founders Lawrence Wu and Melvyn Yeo explained. That does not imply just any will cut it; TRIREC seeks high-performing teams with significant potential for growth, especially in technologies that would disrupt industries and create long-term environmental benefits.

"In a perfect world, every investment would generate a return," says Lawrence, "but we understand that even the best-managed companies can face challenges. That's why we strive for home runs, not averages". Such progressive thinking is what spurs TRIREC actions in its effort to scout out firms with massive potential upside.           

Diversity in Risk Management

Investment diversification is one of the most important tools that can help one reduce risk and help investment grow over time. Melvyn discusses how the venture capital space in clean technology and renewable energy can be quite uncertain. “Some investments might fail; however, a very few successful ventures can actually return huge amounts,” he indicates. The TRIREC's portfolio covers a wide variety of industries, from energy to mobility, agriculture and industrials-those sectors that really contribute a lot to decarbonization.

This is a really diversified approach that gives much more chance for each dollar that is invested to back actually many high-impact projects where the investor would have even more chances of getting great impacts while supporting sustainable transformation.

Engage with Identity Relative to the Outside World

Aside from financial returns, the vision is also to create a thriving and dynamic ecosystem characterized with innovation and collaboration around shared values. He admits to being a catalyst along with Melvyn in the venture capital space. "We really believe in value even when there isn't an instant investment opportunity," Lawrence says. This move also included connecting entrepreneurs with their vast network, hence building an inevitable future for sustainable business practices.

The firm, in fact, focuses on regional economic growth. The engagement that TRIREC seeks in terms of creating opportunity and generational empowerment is what Lawrence considers important to success for years to come: "We have to engage investors, entrepreneurs, and ecosystems to really make a difference regarding climate change."

Looking Ahead

While TRIREC considers the realm ahead, the company shall primarily be investing forwards into North America and China while building on its existing investment in the clean tech ecosystem. A new fund worth about $100m targeting investment into developing startups for the sustainability agenda has TRIREC prepared for its next wave of investments. Other plans in the works from TRIREC include a charitable foundation and private investment vehicles to support and mentor young entrepreneurs with courageous dreams of a cleaner, more sustainable world.

For the investor who seeks an organization through which to change the world while reaping returns, TRIREC Holding Pte Ltd should be one company on a watchlist in the coming few years. These investments, in addition to fostering innovative technology, speak to a legacy-casting sustainable future..     

About the Leader

Lawrence Wu & Melvyn Yeo, Co-Founders of TRIREC Holding Pte Ltd, who are co-founders of TRIREC, founded the company in 2014. Before starting their respective, prosperous entrepreneurial journeys and creating businesses that became leaders in their respective industries and had successful exits, Melvyn and Lawrence had worked for more than ten years as investment bankers at bulge bracket global financial institutions. Under Melvyn and Lawrence's direction, TRIREC is a collaborative, ethical, and entrepreneurial organization that strives for excellence in a high-performance culture that constantly pushes its members to be innovators, problem solvers, and forward thinkers in order to tackle the most difficult issue of our time: climate change.

“We distribute smart capital to outstanding entrepreneurs worldwide through our decarbonization mandate, offering them early-stage growth equity, and we collaborate with these businesses to restore our natural environment.”