Wavemaker Partners
Wavemaker is Southeast Asia’s leading early-stage venture
capital firm investing in enterprise and deep tech companies.
SMALL TO MEDIUM-SIZED ENTERPRISE
Startups targeting Small to Medium-sized Enterprises (SME)
In Southeast Asia (SEA), more than 95% of businesses are small and medium enterprises (SMEs). They contribute to over half of the economy and employ up to 97% of the workforce.
Today, SEA SMEs are adopting technology at an unprecedented rate, especially in emerging markets like Indonesia, the Philippines, Thailand and Vietnam. This translates into a tremendous opportunity for local tech startups to help SMEs increase revenues, cut costs and improve productivity. They will be better placed to understand local context and provide suitable solutions.
LARGE ENTERPRISES + DEEP TECH
Startups targeting Large Enterprises
& Deep Technologies
Singapore provides tremendous opportunities for startups targeting large enterprises and deep tech. More than 90% of the Fortune 500 have offices in Singapore. Many of them have regional headquarters, R&D centers and innovation centers here with talent coming from all over the world.
The Singapore government is committed to becoming the world’s first Smart Nation and has earmarked S$25B (about US$19B) towards its Research, Innovation and Enterprise (RIE) 2025 Program. This “Little Red Dot” is home to 6 universities and 35 world-class research institutes.
We believe Singapore is uniquely positioned to nurture startups targeting large enterprises and/or developing deep technologies with the potential to compete against the best in the world.
CONSUMER
Startups targeting Consumers
We invest opportunistically in B2C. When we do, we typically back teams with a clear vision for how to scalably and sustainably generate fresh, addictive delight.
ENTERPRISE
Across SEA, 97% of all businesses are SMEs. They are beginning to adopt technologies and we believe that the region will reward the startups that develop these solutions for them.
DEEP TECH
There is a massive opportunity for deep tech startups to collaborate with the government and find their first customers in Singapore and the rest of Southeast Asia. Proprietary technology provides differentiation, competitive advantage, global potential, and downside protection.
CONSUMER
We invest opportunistically in B2C. We are more comfortable with founders who have a clear vision for how to generate fresh, addictive delight while delivering scalable, sustainable unit economics.
GET LOOPED IN
Be informed about the latest updates on the industry and Wavemaker Partners’ portfolio companies.
- May 19, 2022
DealStreetAsia: Indonesia’s poultry tech startup Pitik raises $14m in Series A round led by Alpha JWC
Indonesia's poultry tech startup Pitik bags $14 million in a Series A funding round led by
- May 18, 2022
ESGpedia officially launches, aggregating verified ESG data and certifications across various sectors to enable more effective Green Finance
Hashstacs Pte Ltd (‘STACS’) has developed and launched its ESGpedia registry platform.
- May 16, 2022
Bloomberg: Singapore’s GoZayaan Enters Pakistan with FindMyAdventure Acquisition
Singapore-based travel startup GoZayaan, which operates in Bangladesh, has now entered
- May 4, 2022
TechCrunch: SoundCloud acquires Musiio, an AI music curator, to improve discovery
An online audio sharing platform and streamer, SoundCloud has acquired Musiio, an AI music
- April 28, 2022
TechCrunch: Dat Bike is the creator of Vietnam’s first domestic electric motorbike
Dat Bike is on a journey to reduce the amount of gasoline used in Vietnam. The startup makes
- April 5, 2022
Tech in Asia: Monk’s Hill Ventures leads $8.1m round of Indonesia SME-focused firm
CrediBook, an Indonesia-based startup that builds solutions for SMEs, has raised an US$8.1
INVESTMENT THESIS
Wavemaker is Southeast Asia’s leading early-stage venture capital firm investing in enterprise and deep tech companies.
