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Wavemaker Partners secures $30m growth fund in first close

Wavemaker Partners announced the launch of a US$60 million to US$100 million Wavemaker growth opportunities fund, with it securing US$30 million in its first close.

The fund targets startups in Southeast Asia, focusing on the enterprise, deep tech, and sustainability sectors.

Founded under Wavemaker Partners, the firm has organized its investment into three units: Wavemaker Ventures, Wavemaker Impact, and the new Wavemaker Growth.

This structure is intended to support startups from series B onward.

Recent Wavemaker Partners developments

Timeline
16-Apr-2024 🚀 Cloud-based startup CNV secures $1m seed funding from Wavemaker Partners
  • CNV secures US$1M funding from Wavemaker
  • Plans to enhance no-code sales platform in 2023
20-Feb-2024 🚀 Wavemaker Partners eyes $150m raise for next fund: sources
  • Wavemaker Partners nears $150M for fifth fund
  • Investments span enterprise, deeptech, sustainability
16-Jan-2024 🚀 Wavemaker Partners leads first external round of Singapore’s Meiro
  • Meiro raises US$3M in pre-series A funding.
  • Plans to expand in Southeast Asia, Europe, and Dubai.
21-Nov-2023 ✨ Wavemaker leads $1.5m funding round for India’s Vama
  • Wavemaker Partners leads $1.5M seed+ round for Vama
  • Funding will boost recruitment and tech development
08-Nov-2022 📈 Wavemaker Partners leads $1.3m round of SG content creation firm
  • WriterZen secures $1.3M in seed funding.
  • Plans expansion into Australia, US, and UK.

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