Singapore-based venture capital firm The Radical Fund has partnered with the International Finance Corporation (IFC) to support women-led startups in the climate tech sector.

These startups receive less than 2% of global venture capital, according to Pitchbook 2023.

In Southeast Asia, women-led startups face barriers to accessing capital, limiting their role in the climate tech space despite high potential for impact.

The We Fund Climate program offers early-stage funding, workshops, and peer-learning sessions for women-led climate startups. It also equips investors with strategies to promote gender inclusion.

In November 2024, The Radical Fund co-hosted “Innovation through Female Entrepreneurship” at the Dubai Global Women’s Forum, highlighting the need for inclusive investment and tailored support.

Through this initiative, The Radical Fund aims for at least 30% of its climate tech portfolio to be women-led. It also encourages a minimum of 30% representation of women in senior leadership roles.

The fund focuses on early-stage investments across Southeast Asia, tackling climate adaptation and mitigation.