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Wavemaker Partner

Well-known SoCal + Southeast Asia pre-seed/seed fund.Well-known SoCal + Southeast Asia pre-seed/seed fund.

Singapore

Description

Wavemaker Partners is a venture capital firm headquartered in Singapore (with presence in Los Angeles) that invests across early-stage and growth rounds, particularly in Enterprise Software, Deep Tech, and Sustainability startups — with a Pan-Asia-Pacific focus and meaningful activity in the U.S. as well.

Specific Funding Stage
Seed: Core focus on early-stage financings where new products are gaining traction.
Series A: Significant participation at early institutional rounds.
Series B / Growth: Through its dedicated Growth Opportunities Fund (target ~$60M+) Wavemaker supports later financing rounds including Series B and beyond.

Investment Amount and Percentage Equity (Company-Level)
Typical Investment Size: Wavemaker’s check sizes generally range from ~US$500K up to ~$2.5M–$3M for early and seed/A rounds (often as a lead or co-investor).
Equity Taken:
• Wavemaker does not publish a fixed equity percentage it always takes for every investment; ownership is negotiated deal-by-deal based on valuation, check size, round type, and company traction (standard venture capital practice).
• In early rounds (Seed/Series A), venture capital investors typically acquire meaningful minority stakes — often single-digit to low-double-digit percentages (~5% – 20%) depending on valuation and round dynamics — but Wavemaker’s specific ownership varies per deal and is not universally disclosed. (This reflects general VC market norms rather than a firm-wide published policy; actual percentages depend on negotiation with founders and co-investors.)
Check Structure: Investments may be priced equity, convertible instruments (e.g., SAFEs), or other negotiated terms consistent with early-stage VC deals.

Application / Submission Method
Submission Method: Startups can engage Wavemaker via warm introductions from founders, other investors, or ecosystem partners — cold applications are possible but warm intros are strongly preferred for initial diligence.
Partner Engagement: Company pitch materials (deck, traction metrics) are reviewed internally before formal term negotiation.

Eligibility

Sector Focus: Enterprise software, deep technology, sustainability, and related B2B fields.
 Geography: Primarily Southeast Asia (Singapore, Indonesia, Vietnam, Philippines, etc.) with cross-border investments including the United States and broader APAC markets.
Stage: Pre-seed to Series B+, with dedicated fund strategies for scaling companies

Process

Initial Screening: Evaluation of team, product, traction, and market potential.
 Partner Review: Multiple partners assess strategic fit with Wavemaker’s sector thesis.
 Term Negotiation: Discussions on valuation, ownership percentage, governance rights, and economic terms.
 Legal & Close: Final documentation and capital deployment upon agreement.

What an Applicant can Obtain

Strategic Capital: Standard venture funding aligned with company stage (500K – > 2M+).
 Network & Ecosystem: Access to a broad investor network, corporate partners, and regional advisors.
 Growth Support: Follow-on financing capability through Wavemaker’s Growth Opportunities Fund and wider fund stack.