The Radical Fund has signed a non-binding Memorandum of Understanding (MOU) with Keppel’s Real Estate Division, marking the beginning of a strategic partnership aimed at driving innovation in key sectors such as the built environment, renewable energy, decarbonization, and infrastructure technology.
The MOU was signed in Singapore by Mr. Louis Lim, CEO of Real Estate at Keppel Ltd., and Ms. Alina Truhina, CEO and Managing Partner of The Radical Fund. “This collaboration is a significant milestone toward advancing new technologies that address climate-related challenges in real estate development and the built environment,” said Ms. Truhina. “Keppel’s extensive experience in sustainable urban space solutions and digital innovations will strengthen our combined expertise in unlocking opportunities within Southeast Asia’s innovation and technology sector.”
Under the agreement, The Radical Fund will focus on identifying and supporting technology-driven ventures that align with Keppel’s sustainability goals. These ventures will be evaluated based on their ability to deliver solutions that enhance energy efficiency, optimize operations, and reduce environmental impacts, all while maximizing asset value.
The Radical Fund is an early-stage venture capital fund focused on climate adaptation and decarbonization solutions across Southeast Asia, including Singapore, Indonesia, Vietnam, the Philippines, Thailand, and Malaysia. The Fund’s investments span various sectors such as agri-food, nature-based solutions, energy and mobility, waste management, circular economy, and water management.
“At Keppel, we see innovation as a critical factor in achieving scalable sustainability outcomes,” said Mr. Louis Lim. “We look forward to working with The Radical Fund and its portfolio of ventures to explore technologies that can improve energy efficiency, extend building life spans, and add value to our real estate portfolio.”
Keppel, as a global leader in asset management and operations, has a strong focus on sustainability solutions in infrastructure, real estate, and connectivity. Its real estate division emphasizes sustainable urban renewal, senior living, retail, and large-scale integrated developments.
The Radical Fund will provide technical and venture-building support to ensure the readiness of these technologies for potential pilot projects with Keppel. Leveraging its Utopia Capital Management platform, The Radical Fund offers a global team of over 60 experts in tech, design, product development, and investor relations.
This partnership aims to accelerate the decarbonization of the real estate industry, which contributes to nearly 40% of global carbon emissions, by fostering innovation and scaling climate solutions across Southeast Asia.
