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.
- June 22, 2022
The Business Times: The Philippines could be South-east Asia’s startup dark horse
Foreign investors are seeking the hidden gems in the
- June 13, 2022
New Waves: eFishery is putting farmers first
eFishery is the revolutionary Indonesian-based aqua-tech company that is making
- June 10, 2022
Tech in Asia: EFishery could be Indonesia’s next unicorn
Indonesia-based eFishery’s revenue has grown by over US$100 million in 2021, Paul Santos,
- June 8, 2022
TechNode Global: Singapore’s Omnistream closes $7M Series A investment led by SIG Venture Capital
Omnistream, a Singapore-based data-empowered solutions company for the retail industry, said
- May 31, 2022
Tech in Asia: Singapore sales tech firm scores $6m in MassMutual-backed series A
Privyr, a Singapore-based customer relationship technology startup, has raised US$6 million
- 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
INVESTMENT THESIS
Wavemaker is Southeast Asia’s leading early-stage venture capital firm investing in enterprise and deep tech companies.
