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Wavemaker Impact

Venture studiooperating company · company profile

Singapore · Pre-Seed–Growth · 25 people tracked

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Investment thesis

Wavemaker Impact runs a climatetech venture-build fund in Southeast Asia, co-founding companies with experienced entrepreneurs to tackle climate and sustainability challenges. Its stated ambition is to build businesses that collectively help cut the global carbon budget by 10%. Ventures span solar mortgages for sustainable homes and decarbonising rice cultivation, often launched alongside partners such as Breakthrough Energy Ventures, Temasek Holdings, and GenZero. Part of the broader Wavemaker group, which invests across Enterprise, Deep Tech, and Sustainability from inception to scale, Wavemaker Impact focuses on early-stage, capital-efficient models addressing meaningful decarbonisation problems in the region.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Growth
Check
$500K
HQ
Singapore, SG
Leads rounds
Leads
Instruments
Equity
Founded
2012
AUM
$600M
Tracked investments
33

Team · 25 people

from the firm's website & curated & public directories
Andy Hwang· General Partnerin

General Partner at Wavemaker Partners.

What they invest in

from 19 of 33 portfolio companies

Climate Tech ×9Cleantech ×7AgTech ×6Energy ×5AI & Machine Learning ×4SaaS ×4Circular Economy ×3Marketplaces ×3

HQs:Indonesia×3Australia×1Malaysia×1Philippines×1Singapore×1Thailand×1

Investments · 33 tracked

founders shown can be your intro path
Metroelectro.Commetroelectro.com.auin✓ verified

MetroElectro funds, installs, owns and operates commercial and industrial solar PV and battery storage systems on large warehouse, manufacturing and industrial rooftops, including leased buildings, with no upfront cost to the customer.

CleantechClimate TechEnergy

Lloyd Heinrich(Founder)

Agrosglobalagrosglobal.com

Agros provides sustainable farming solutions aimed at helping farmers increase profits while reducing carbon emissions.

AgTechCleantechClimate Tech

Co-investorsSilverstrand Capital

Aonicaonic.com

Subang Jaya, MY

Jin Xi Cheong(Founder)

Co-investorsBrinc

Arysunarysun.comin

Arysun sells rooftop solar panel systems for middle-class households in Indonesia, including free survey, delivery, and installation.

CleantechConsumerEnergy

Bumibarubumibaru.co

Bumi Baru assesses, restores, and develops degraded land into operational plantation assets, offering compliance restoration, agricultural commodity land, and auditable ESG revitalisation projects.

AgTechCircular EconomyClimate Tech

EcoSpiritsecospirits.global

Low-carbon, low-waste packaging system for premium spirits and wine with presence across 25 countries.

Co-investorsWavemaker Partners

Eezeeeezee.sg

Co-investorsKickstart Ventures

Elevatefoodselevatefoods.org
GB Heliosgbhelios.com.sg
GrowSari

B2B platform providing family-owned stores direct access to manufacturers in the Philippines

Helios

Pioneers solar mortgage solutions to make Southeast Asia homes sustainable

Hifeedhifeed.coin

HiFeed produces ready-to-use feed pellets for cattle farmers, aiming to lower feed costs, reduce manual feed preparation, and support carbon-neutral cattle production.

AgTechClimate TechFoodTech

Joinheliosjoinhelios.comin

Helios is a Manila-based residential solar company that helps Filipino homeowners install rooftop solar systems using a solar mortgage financing model that removes upfront costs.

CleantechClimate TechEnergyManila, PH

Kairous Capitalkairous.com
Lhoopalhoopa.comin

Lhoopa runs a technology-driven housing platform connecting homebuyers, contractors, brokers, and notaries to a large inventory of affordable homes, using real-time property and payment data.

MarketplacesPropTech

Co-investorsPatamar CapitalPix Vine CapitalWavemaker Partners

LiveIn

Transforms long-stay co-living experience in Southeast Asia

Luxolasephora.sg

Co-investorsGlobal BrainWavemaker Partners

Nulnul.globalin𝕏

Nūl is a category management platform for fashion brands, covering pre-season open-to-buy (OTB) and assortment planning through in-season replenishment, rebalancing, and markdown.

AI & Machine LearningRetail TechSaaS

Numatnumat.ph
Octaynegreenoctaynegreen.com

Octayne Green Fuels Indonesia produces biomass fuel made from agricultural waste such as rice, corn, and sugarcane residues, offered as a drop-in feedstock alternative to fossil fuels.

Circular EconomyCleantechEnergy

Oneteamoneteamhq.com

OneTeam acquires small and medium-sized businesses from retiring owners and helps existing employees take over and run them.

Enterprise SoftwareFuture of Work

Kevin(Co-founder)Matthew(Co-founder)

Co-investorsWavemaker Partners

Refycaprefycap.comin

Refy provides pricing and financing tools for the biomass commodity market, including receivables purchasing, fixed-price offtake contracts, and price hedging for producers, traders, and end-buyers.

Climate TechEnergyFintech

Regenxregenx.ag
Rizerize.farmin

Rize builds an end-to-end platform for rice farmers in Southeast Asia, combining financing, AI-driven agronomy, and market access to scale sustainable practices such as alternate wetting and drying, reduced pesticide use, crop residue management, and site-specific nutrient management.

AgTechAI & Machine LearningCleantechClimate TechImpact & Social Good

Dhruv Sawhney(CEO)in

Co-investorsBreakthrough Energy VenturesBNP Paribas Asset Management EuropeTemasek

Silent Eightsilenteight.comin𝕏

Silent Eight develops AI-based technology for compliance and financial crime risk adjudication, serving financial institutions and compliance teams.

AI & Machine LearningCybersecurityFintechSaaS

Co-investorsJG Digital Equity VenturesOTB VenturesSC VenturesWavemaker PartnersAltara Ventures

The10Antsthe10ants.com

The10Ants is a commercial real estate platform that helps businesses find retail space, offices, and locations for expansion.

MarketplacesPropTech

TradeGeckotradegecko.com

오토브릿지 (AutoBridge) is an email-based used-car dealer that helps buyers find candidate vehicles matching their budget, use case, fuel type, and passenger needs, and also handles vehicle purchasing and basic inspection consultations.

ConsumerLogistics & Supply ChainMarketplacesMobility & Transportation

Bradley Priest(Founder)inCameron PriestCarl Thompson

Co-investors500 GlobalGolden Gate VenturesJungle VenturesOpenspace VenturesPerennial PartnersTNBAura+1 more

WasteXwastex.ioin

WasteX converts agricultural processing waste into biochar for carbon sequestration and value recovery.

AgTechCircular EconomyClimate Tech

Pawel Kuznicki(Founder and CEO)in

Co-investorsGlobal Brain

Watchtowrwatchtowr.comin𝕏

watchTowr offers an AI-powered preemptive exposure management platform that continuously discovers an organization's external attack surface, validates exploitability against real attacker tactics, and pushes autonomous mitigation to the edge.

AI & Machine LearningCybersecuritySaaS

Benjamin Harris(Founder)in

Co-investorsPeak XV PartnersWavemaker Partners

Wavecellwavecell.comin𝕏

Wavecell, part of 8x8's CPaaS offering, provides communication APIs and tools for messaging across channels like SMS, WhatsApp, Viber, Zalo, LINE, voice, and video, plus features for authentication and fraud prevention.

Developer ToolsEnterprise SoftwareMarketing TechSaaS

Co-investorsQualgroWavemaker PartnersMDI Ventures

Wavemaker Growthwavemaker-growth.com
Zentidezentide.co

Zentide develops biostimulant products for farmers to improve crop yields, restore soil health, and strengthen plant resilience while reducing chemical fertilizer use and emissions.

AgTechCleantechClimate Tech

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Wavemaker Impact made?
Wavemaker Impact has 20 tracked investments, 1 of which have exited via acquisition or IPO.
What stage does Wavemaker Impact invest at?
Wavemaker Impact invests at the Pre-Seed, Seed, Series A, Series B, Growth stages.
What is Wavemaker Impact's typical check size?
Wavemaker Impact typically writes checks of $500K.
What sectors does Wavemaker Impact focus on?
Wavemaker Impact focuses on AgTech, Circular Economy, Cleantech, Climate Tech, Deep Tech, Energy, Enterprise Software, Impact & Social Good.
Where is Wavemaker Impact located?
Wavemaker Impact is headquartered in Singapore, SG.
Does Wavemaker Impact lead rounds?
Yes, Wavemaker Impact leads investment rounds.
Who does Wavemaker Impact co-invest with?
Wavemaker Impact most often shares deals with Wavemaker Partners, AVV, Global Brain, among 36 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Marie Cheong, Wavemaker Impact on climate tech, sustainability and decarbonisation in Asian VC

SuperReturnTV · Marie Cheong

Mitigating climate change with venture capital: Conversation with Wavemaker Impact’s Steve Melhuish

McKinsey & Company · Steve Melhuish

Images

Wavemaker Impact photo

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