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Utopia Capital Management | The Radical Fund

vc$120MCo-investsLeads rounds

◆ Fund Size

$120M

◆ Check Size

$0.5M→$5.0M

◆ Location

Thailand

◆ Portfolio

9 companies

◆ Activity

Statusactively investing

◆ Links

◆ Share this fund

◆ Investment Thesis

Commercial returns and climate impact are intertwined; backing founders with deep domain expertise to understand commercial constraints of their markets.

◆ About Utopia Capital Management

The Radical Fund is an early-stage venture capital firm investing in founders delivering climate resilience solutions across Southeast Asia. It focuses on pre-seed, seed, and pre-Series A startups tackling climate adaptation and mitigation, with a strong emphasis on inclusive climate transition.

◆ Sectors

Climate TechCarbon TechClean EnergyCircular EconomyAgtech

◆ Stages

pre-seedseedseries-a

◆ Geography Focus

IndonesiaMalaysiaSingaporeVietnam

◆ Team

NameTitleRoleLinks
Paul ArkAdvisorSenior
Alex SanInvestment Associateinvestment-team
Alina TruhinaChief Executive Officer and Managing Partnerpartnerin
JJ ErpaiboonChief of Staff, Head of Ops and Portfolio Strategyinvestment-team
Roo RogersGeneral Partnerpartnerin
Steve PrawiromarutoInvestment Associateassociatein
Zachary LeeVenture Partnerpartner

◆ Tracked Investments

◆ Notable Investments

Climate Resilience Startup AAdaptation Tech Venture BMitigation Solutions Company CArkadiahOkapiAlternoDash ElectricAlicia BotsTerra Oleo3catWaterhubSirsakKonnectTUNLARC BuildCarbonCrusher1010 SolutionsAgrariusMetricWellbees

◆ Traits

Leads rounds

Co-invests

◆ FAQ

What does The Radical Fund invest in?

The Radical Fund invests in Climate Tech, Carbon Tech, Clean Energy, Circular Economy and Agtech at the pre-seed, seed and series-a stages.

Which geographies does The Radical Fund focus on?

The Radical Fund focuses on Indonesia, Malaysia, Singapore and Vietnam, and is headquartered in Thailand.

What is The Radical Fund's typical check size?

The Radical Fund typically writes checks of $0.5M to $5M.

Which startups has The Radical Fund backed?

The Radical Fund has 1 tracked investment on Fusion42, including N&E Innovations.