About BBP Singapore
BBP Singapore is a Business Services company based in Singapore (Singapore) founded in 2012 by En-Ping Ong, and was acquired by Actis in July 2025. HVAC optimization technologies for chiller equipment and facilities are provided. It operates in the Business Services, Energy & Utilities, and Real Estate & Construction sectors. BBP Singapore has raised $32.76 million across 2 funding rounds from investors including KKR, Actis and Tembusu Partners. Its focus areas include Real Estate and Construction Tech, Facility Management Tech, Building Management and Building Energy Management. Its legal entity is BARGHEST BUILDING PERFORMANCE PTE. LTD.
Company details
Founded in 2012 in Singapore, BBP specializes in HVAC optimization technologies aimed at reducing energy consumption in chiller equipment and facilities. Patented solutions are deployed across mission-critical operations in sectors including semiconductors, commercial real estate, industrial applications, data centers, district cooling plants, and infrastructure. Services are offered with minimal or zero upfront costs, and savings are verified annually by independent third parties only when achieved.
Funding Insights of BBP Singapore
BBP Singapore has successfully raised a total of $32.76M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $32.76 million completed in December 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $32.76M
- Total Rounds 2
- Last Round Series B — $32.76M
- Investors Count 2
All 2 funding rounds of BBP Singapore with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2018 | $32.76M | Series B | – | KKR | – |
| Jul 2015 | Debt – Conventional | – | – |
3 investors in total: 3 institutional.
Investors in BBP Singapore
BBP Singapore has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include KKR, Actis and Tembusu Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multiple sectors are invested in by this private equity firm. | 1976 | kkr.com | New York, United States | |
Private equity fund focused on multiple sectors | tembusupartners.com | Singapore, Singapore | ||
Sustainable infrastructure projects are invested in for essential services. | 1987 | act.is | London, United Kingdom |
Investor details for BBP Singapore
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of BBP Singapore
17 people are tracked at BBP Singapore (7 in leadership, 10 in team).
| Name | Role | Group |
|---|---|---|
En-Ping Ong | Co-Founder & CFO | Leadership |
Boon Chye Hoe | CEO | Leadership |
Max Ong | Head Of Business Development | Leadership |
Wye Lyn Chin | Head Of Legal Compliance | Leadership |
WITTAWAT MOUNGKIEW | Country Operations Head | Leadership |
Tan Kian Peow | Global Head of Operations | Leadership |
Terence K. | Head, Projects | Leadership |
Alicia Ng | Lead, HR Operations Specialist | Team |
Norven Lim | Assistant Manager Business Development | Team |
Vincent Chiang | Business Development Manager | Team |
Rolando Quiño Jr. | Project Engineer | Team |
abdulazis ramadya sayintiko | Project Engineer | Team |
Lip Hean | Business Development Manager | Team |
Leo Samuel | Senior HVAC Engineer | Team |
ERWIN DIGO | Project Manager | Team |
Jogenn Karla Gagarin, CPA | Corporate Treasurer | Team |
Harriz Haiyan | Engineer I | Team |
Complete people profiles for BBP Singapore
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of BBP Singapore
4 dated milestones of BBP Singapore across 13 years, from founding to its latest funding, stage changes and deals.
- Founded BBP Singapore is founded.
- Funding First funding round.
- Funding Latest funding round, Series B, of $32.8M.
- Exit Acquired by Actis.
Web traffic of BBP Singapore
The website of BBP Singapore (bbp.sg) receives about 5.2K visits a month.
- Monthly visits5.2K
▲ 137% vs previous month
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Frequently Asked Questions about BBP Singapore
BBP Singapore was founded in 2012 and raised its 1st funding round 3 years after it was founded.
BBP Singapore is headquartered in Singapore, Singapore.
BBP Singapore is a funded company, having raised a total of $32.76M across 2 funding rounds to date.
Annual revenue of BBP Singapore is $6.71M as on Dec 31, 2021.
Founded in 2012 in Singapore, BBP specializes in HVAC optimization technologies aimed at reducing energy consumption in chiller equipment and facilities. Patented solutions are deployed across mission-critical operations in sectors including semiconductors, commercial real estate, industrial applications, data centers, district cooling plants, and infrastructure. Services are offered with minimal or zero upfront costs, and savings are verified annually by independent third parties only when achieved.
BBP Singapore has 3 investors. Key investors include KKR, Actis, and Tembusu Partners.
BBP Singapore operates through Barghest Building Performance Pte. Ltd..
Yes. BBP Singapore was acquired by Actis in July 2025.