Singapore VC partnership could open doors for deep-tech startups

Singapore VC partnership could open doors for deep-tech startups
TRIREC partner Michael Lim, left, and Pacific Channel investment manager Ashwath Sundaresan. (Image: Pacific Channel)
Greg Hurrell
Deep-tech venture capital fund Pacific Channel has inked a partnership deal with a Singaporean fund it says will help local startups expand beyond NZ.The company signed a memorandum of understanding (MOU) with TRIREC in Auckland on May 17.Pacific Channel investment manager Ashwath Sundaresan said TRIREC is a US$100 million Singapore-based venture capital (VC) fund that invests in companies involved in decarbonisation efforts. NZ's investment community isn't big enough to support a local VC fund with that narrow a focus.Pacific Chan...

More Sustainable Finance

NZ should welcome Chinese cleantech expertise: Lord Turner
Climate change

NZ should welcome Chinese cleantech expertise: Lord Turner

The election of Donald Trump meant a ‘wrenching change’ in US climate policy.

Greg Hurrell 10 Sep 2025
Asset managers caught between two visions of climate change
Sustainable Finance

Asset managers caught between two visions of climate change

NZ's climate-related disclosure regime has focused investors' minds.

Greg Hurrell 04 Sep 2025
Auckland's Park Hyatt is first NZ hotel with 4-star green rating
Travel

Auckland's Park Hyatt is first NZ hotel with 4-star green rating

The hotel is the first to make the grade judged on its ongoing operations.

Staff reporters 29 Aug 2025
Pacific Channel launches $50m renewable energy fund
Energy

Pacific Channel launches $50m renewable energy fund

Pacific Channel’s Fund V aims to make seven renewable energy projects shovel-ready.

Greg Hurrell 25 Aug 2025