The Radical Fund
The Radical Fund is an early-stage venture capital firm, founded in 2023 and based in Bangkok, that invests in climate adaptation and mitigation founders across Southeast Asia and now operates The Studio, an AI-native venture builder within the UTOPIA platform.
- Company typePrivate
- Founded-
- HeadquartersBangkok, Thailand
- Headcount11–50
- GTM typeB2B
- OfferingServices
What The Radical Fund does
The Radical Fund is an early-stage venture capital firm founded in 2023 and headquartered in Bangkok, Thailand, with operating coverage across Southeast Asia (Singapore, Indonesia, Malaysia, Vietnam, Philippines, and Thailand). The fund invests in founders delivering climate resilience for the region, spanning both adaptation and mitigation ventures, on the thesis that Southeast Asian climate needs differ materially from Western decarbonization priorities and require dedicated solutions. Its portfolio comprises 10 invested companies since launch, deployed across climate-related sectors in four SEA markets, with Dash Electric's seed round (November 2024, co-invested alongside Fondation Botnar, Aksara Ventures, Antler, and others) as a disclosed example.
The fund's core offering is direct equity investment in early-stage climate founders, typically at seed and Series A, with revenue generated through conventional VC mechanics: management fees on committed capital and returns from exits, IPOs, or secondary sales of portfolio equity. The fund is a member of the UTOPIA integrated venture capital platform, alongside A-typical Ventures, which provides shared infrastructure. In December 2025, The Radical Fund extended its offering with The Studio, an AI-native venture builder within the UTOPIA platform that provides AI/ML infrastructure, venture-building support, and cross-border market access to the Middle East for high-potential founders across the Global South. Deal sourcing and talent acquisition are supported by the Co-Build Fellowship program, targeting domain experts and entrepreneurs. CEO Alina Truhina leads the firm.
The Radical Fund firmographics
Firmographics- Name
- The Radical Fund
- Legal name
- The Radical Fund
- Website
- https://www.theradicalfund.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- The Radical Fund is an early-stage venture capital firm, founded in 2023 and based in Bangkok, that invests in climate adaptation and mitigation founders across Southeast Asia and now operates The Studio, an AI-native venture builder within the UTOPIA platform.
- Ownership category
- akta.pro rank
The Radical Fund industry classification
Industry- Product category
- Climate Venture Capital
- NAICS
- Other Investment Pools and Funds (5259), Funds, Trusts, and Other Financial Vehicles (525)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Climate / Clean Tech & Decarbonization Funds (FSANAJAA)
- akta.pro secondary industry
- SDG / Thematic Sustainable Investment Funds (FSANAJAN)
Keywords
Where The Radical Fund is headquartered
LocationHeadquarters
- HQ city
- Bangkok
- HQ country
- Thailand
- HQ region
- Asia
Markets served
The Radical Fund business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Venture Capital Returns: As an early-stage VC fund, The Radical Fund generates returns through equity investments in climate-focused startups. Returns come from exits via acquisitions, IPOs, or secondary sales of portfolio company shares, alongside management fees from fund operations.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
The Radical Fund product offering
Product offeringCore offering
The Radical Fund is an early-stage venture capital fund that invests equity capital into founders building climate adaptation and mitigation ventures across Southeast Asia. The fund provides capital, venture-building support, and cross-border market access, complemented by The Studio—an AI-native venture builder within the UTOPIA platform that delivers AI/ML infrastructure to portfolio founders across the Global South.
Product overview
The Radical Fund operates as an early-stage venture capital fund focused on climate resilience for Southeast Asia. The fund offers climate venture investing as its core product, providing capital and support to founders delivering climate adaptation and mitigation solutions. In December 2025, the firm launched The Studio as an AI-native venture builder within the UTOPIA integrated platform to complement its existing investment operations alongside A-typical Ventures, extending venture-building support and cross-border market access to the Middle East.
Differentiator
Problem solved
Functional benefit
Brands
- The Studio: AI-native venture builder within the UTOPIA integrated platform designed to support high-potential founders across the Global South, providing AI/ML infrastructure, venture-building support, and cross-border market access to the Middle East
Products and services
- Climate Venture Investing Early-stage venture capital investment strategy focused on climate adaptation and mitigation ventures in Southeast Asia, delivering commercial returns alongside climate impact outcomes for portfolio founders.
- The Studio An AI-native venture builder within the UTOPIA integrated platform that provides AI/ML infrastructure, venture-building support, and cross-border market access to the Middle East for high-potential founders across the Global South.
Quantifiable outcome
- Climate venture economy development for Southeast Asia
Companies that use The Radical Fund
Customer profileSegments1 record
Ideal customer profiles2 records
The Radical Fund technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
The Radical Fund partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- UTOPIAcoreThe Radical Fund is a member of the UTOPIA platform, an integrated venture capital platform that provides shared infrastructure, resources, and ecosystem support. The Studio operates within the UTOPIA integrated platform.
- A-typical VenturescoreA-typical Ventures operates alongside The Radical Fund within the UTOPIA platform ecosystem, representing The Radical Fund's existing operations partner for venture building activities.
- The Studio Co-Build Fellowship ParticipantsminorDomain experts and entrepreneurs recruited through the Co-Build Fellowship program to co-develop climate ventures alongside The Radical Fund and The Studio venture builder.
Scale indicators2 records
Recent moves7 records
Expansion highlights5 records
The Radical Fund competitors and assessment
Company assessmentDirect peers
- Activate (Activate.org): Global fellowship and investor in early-stage climate-tech founders combining non-dilutive support with venture capital. Comparable thesis on climate-tech founders and the value of founder support beyond capital.
- Wavemaker Partners: Early-stage VC focused on Southeast Asia with climate, deep tech and consumer theses. Highly comparable as a SEA-focused early-stage fund operating across multiple SEA markets and sectors.
- Patamar Capital: Southeast Asia-focused impact VC investing in early-stage companies at the base of the economic pyramid. Comparable on geography (SEA), stage (early), and impact/climate orientation.
- East Ventures: One of the largest and most active early-stage VCs in Southeast Asia with deep coverage of Indonesia, Singapore and Vietnam. Comparable on geography and early-stage climate/sustainability exposure.
- Antler: Global early-stage VC with a strong SEA presence that runs founder-sourcing and residency programs analogous to Co-Build Fellowship. Co-invested with The Radical Fund in Dash Electric.
- 500 Global: Global early-stage VC and accelerator with active programs across Southeast Asia. Comparable as a high-volume, founder-focused early-stage investor with regional SEA deal flow.
- Gobi Partners: Pan-Asian early-to-growth-stage VC with significant Southeast Asia presence across Indonesia, Malaysia, Philippines, Thailand and Vietnam. Comparable on geography and stage.
- Quest Ventures: Early-stage VC with presence across Southeast Asia and a focus on high-impact, sustainability-aligned ventures. Comparable geography and stage profile.
- Aksara Ventures: Indonesia-focused early-stage impact VC investing in climate, food systems and inclusive businesses. Co-invested with The Radical Fund in Dash Electric and shares climate-adaptation orientation.
Regional players
- AC Ventures: Indonesia-focused early-stage VC with growing climate/sustainability exposure. Comparable on stage and sector, though concentrated in Indonesia rather than pan-SEA.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
The Radical Fund social profiles
Digital presenceThe Radical Fund financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Radical Fund leadership team
Management profileNumber of profiles
Profiles1 record
The Radical Fund funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Radical Fund M&A and investment
M&A and investmentM&A
Investments10 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about The Radical Fund
What does The Radical Fund do?
The Radical Fund is an early-stage venture capital fund that invests equity capital into founders building climate adaptation and mitigation ventures across Southeast Asia. The fund provides capital, venture-building support, and cross-border market access, complemented by The Studio—an AI-native venture builder within the UTOPIA platform that delivers AI/ML infrastructure to portfolio founders across the Global South.
Is The Radical Fund a public or private company?
The Radical Fund is a private company. It is classified as unknown and is currently operating.
When was The Radical Fund founded?
The Radical Fund was founded in -1. It employs 11 to 50 people.
Where is The Radical Fund based?
The Radical Fund is headquartered in Bangkok, Thailand, in the Asia region.
How does The Radical Fund make money?
One revenue line is on record: venture Capital Returns.
Who are The Radical Fund's main competitors?
Direct peers on record are Activate (Activate.org), Wavemaker Partners, Patamar Capital, East Ventures, Antler, 500 Global, Gobi Partners, Quest Ventures and Aksara Ventures. AC Ventures is listed as a regional player.
Does The Radical Fund have an API?
No public API is recorded for The Radical Fund.
What industry is The Radical Fund in?
The Radical Fund's product category is Climate Venture Capital. Its primary akta.pro industry code is FSANAJAA, Climate / Clean Tech & Decarbonization Funds, with a secondary code of FSANAJAN, SDG / Thematic Sustainable Investment Funds. Its NAICS code is 5259 and its SIC code is 6282.