The Radical Fund

The firm invests at seed and pre-Series A in Southeast Asian startups building climate adaptation and resilience infrastructure. The thesis is that tropical emerging markets need practical technologies—flood-resistant agriculture, decentralized water systems, parametric insurance—that let communities operate inside a climate that is already changing. The firm is one of a small number of private vehicles globally that treat adaptation as a standalone venture allocation rather than an ESG overlay.

The firm concentrates on Southeast Asia, with confirmed activity in Thailand, Indonesia, Vietnam, and the Philippines. These are among the world's most climate-exposed economies, yet they collectively receive a tiny fraction of global climate-tech venture funding. The Radical Fund's Bangkok headquarters places its investment team inside the temperature and flood-risk zone it invests against.

The firm blends commercial venture LP commitments with concessional or development-finance capital, a structure that allows it to price risk in markets where pure venture returns alone are difficult to underwrite. This hybrid-vehicle architecture is common in blended-finance circles but remains rare among Southeast Asia-focused private-equity managers. It enables the fund to back pre-revenue climate-adaptation companies that conventional VCs cannot fit into their return models.