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.

Bloomberg: Gojek Acquires Payments Startup Moka for $130 Million

Indonesia’s ride-hailing and food-delivery giant Gojek has acquired a mobile point-of-sale startup

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Indoor Air Quality – Getting it Right

As I write this the government is agonising over whether to move from the ‘Rule of Six’ plus selected regional

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The Business Times: Construction tech startup Novade completes Series B funding

CONSTRUCTION tech startup Novade has completed its Series B funding with lead investors SIG and Vulcan Capital, the

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The Business Times: Wavemaker closes third South-east Asia fund at US$111m

SINGAPORE-BASED deep-tech investor Wavemaker Partners closed its third South-east Asia fund on June 19 at US$111.5

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Bloomberg: Singapore’s Wavemaker Closes Venture Fund at $111 Million

Wavemaker Partners LLC, an early-stage venture capital firm, has closed its third investment fund for Southeast Asia

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VentureBeat: Lenovo, Asus, and Tencent launch mobile game phones with Sentons GamingBar virtual buttons

Sentons has teamed up with Lenovo, Asus, and Tencent to create gaming smartphones with virtual buttons, which use

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INVESTMENT THESIS

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