# REDEX

> REDEX is a Singapore-based climate-tech company that runs Asia's leading marketplace and management platform for Renewable Energy Certificates (RECs). Its digital ecosystem covers the full REC lifecycle - asset registration, production verification, marketplace trading and retirement - helping renewable generators monetize their output and helping corporates cut Scope 2 emissions and meet ESG targets. Backed by a $10M Series A led by Aramco Ventures, REDEX combines a blockchain-enabled public ledger, an I-REC-integrated trading system and corporate tools to make cross-border green-energy claims transparent and verifiable.

- **Founded:** 2018
- **Headquarters:** Singapore
- **Founders:** Jen Wee Kang (Founder and CEO)
- **Team size:** ~150 employees
- **Products:** REHash, REConnect, RESuite, REAPI
- **Notable:** Won the 2023 Emerging Enterprise Sustainability Award in Singapore., Ranked among Singapore's 100 fastest-growing companies (18th overall, 1st in energy/utilities)., Raised a $10M Series A led by Aramco Ventures in October 2023.

## Products & services

- **REHash** — A digital REC trading platform integrated with the I-REC registry, enabling buyers and sellers to transact Renewable Energy Certificates with blockchain-backed transparency.
- **REConnect** — An asset onboarding and monetization tool that helps renewable generators (e.g. solar installations) register their assets and turn production into tradable RECs.
- **RESuite** — A corporate sustainability tool to manage renewable energy goals, track Scope 2 emissions and support ESG and sustainability reporting.
- **REAPI** — An API layer that lets partners and enterprise systems integrate REC issuance, trading and retirement into their own workflows.

## Achievements

- Won the 2023 Emerging Enterprise Sustainability Award in Singapore.
- Ranked among Singapore's 100 fastest-growing companies (18th overall, 1st in energy/utilities).
- Raised a $10M Series A led by Aramco Ventures in October 2023.
- Accredited Platform Operator under the I-TRACK Foundation (I-REC standard).
- Partnered with China Southern Power Grid to enter China's REC market.
- Grew to Asia's leading REC trading platform since its 2018 founding.

## Latest updates

- **2023-10** — Closed a $10M Series A funding round led by Aramco Ventures, with investors from the Middle East, Southeast Asia and Japan.
- **2023-08** — Marked Singapore's 58th National Day with a renewable-energy-certificate tribute campaign.
- **2023-06** — Began a partnership with China Southern Power Grid to become a REC issuer in China.
- **2023-01** — Recognized as an Emerging Enterprise Sustainability Award winner and featured in The Business Times.

## Links

- Website: https://redex.eco
- LinkedIn: https://www.linkedin.com/company/redex-eco
- Facebook: https://www.facebook.com/redex.eco

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Profile page: https://yespress.io/redex
Published by YesPress — https://yespress.io
Last updated: 2026-07-25