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.

Forbes: This Startup Just Raised $150 Million To Improve Diagnosis Of GI Diseases

In 2005, while training surgeons in Cambodia, Jonathan Ng, an experienced surgeon from

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TechCrunch: Indonesia’s eFishery raises $90M from Temasek, SoftBank Vision Fund 2 and Sequoia Capital India

Indonesia-based eFishery announced today that it has raised what it claims is the largest

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e27: FoodMap raises US$3M to connect farmers, food producers directly to B2C, B2B customers in Vietnam

FoodMap aims to solve the gap between demand and supply across the invisible supply chain

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The Economic Times: NirogStreet raises $4 million in funding

The startup aims to use the funds to grow its presence and to innovate service and product

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e27: Pitik nets funding from Arise, Wavemaker to help Indonesia’s poultry farmers increase yields using IoT

As of now, Pitik has partnered with farmers in over 20 districts in Java and claims to have

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TechCrunch: Education startup MindX raises $3.3M to prepare Vietnamese students for tech careers

“We’re excited to back the MindX team with their vision to revolutionize Vietnam’s tech

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INVESTMENT THESIS

Wavemaker is Southeast Asia’s leading early-stage venture capital firm investing in enterprise and deep tech companies.