TRIREC

Founder and Managing Partner Melvyn Yeo sets the investment strategy and leads the investment committee alongside Managing Partner Alexander Borschberg. Yeo's background spans structured finance and energy infrastructure, while Borschberg brings operational and logistics expertise relevant to industrial decarbonization. The firm's senior investment team operates across its offices in Singapore, Spain, the UK, and the United States.

TRIREC concentrates on Seed through Series B rounds, with flexibility to participate in follow-on financings as portfolio companies scale. The firm leads or co-leads transactions for deeptech and hardware-intensive climate startups that require patient capital and industrial validation before reaching commercial scale. Its involvement often extends across multiple funding rounds as technologies progress toward deployment.

TRIREC manages direct venture capital funds and invests directly into portfolio companies rather than operating as a fund-of-funds. The firm's model centers on taking equity positions in early-stage climate technology startups, often syndicating with strategic industrial investors and other specialized climate funds to provide the capital and operational support needed for hardware commercialization.

TRIREC does not invest in software-only climate solutions that lack a hardware or industrial-technology component. The firm has historically avoided consumer-facing clean-tech products without a defensible moat in engineering or manufacturing. It also does not pursue commodity renewable energy project finance or traditional real asset infrastructure funds, remaining focused on venture-stage technology companies.

TRIREC's multi-office structure across Singapore, Europe, and the United States enables direct origination in three distinct venture and industrial ecosystems. The firm's partners leverage relationships with research institutions, corporate venture arms, and energy-focused family offices to access deeptech climate startups before they reach broad market awareness. Co-investor relationships with strategic industrial partners like Mitsubishi Corporation provide additional deal-flow conduits.