About Wavemaker Impact
Wavemaker Impact is a venture capital firm founded in 2012. It is primarily based out of Singapore, Singapore. As of Feb 2026, Wavemaker Impact is an active investor, having invested in 37 companies, with 2 new investments in the last 12 months. It primarily invests in Seed round in Singapore based startups. Its investments are spread across a wide range of sectors from Food and Agriculture Tech to Environment Tech and Enterprise Applications. Most recently it participated in the $***** Seed round of Muun AI Overall, Wavemaker Impact portfolio has seen 1 acquisition, namely Lumitics. A lot of funds co-invest with Wavemaker Impact, with names like 100x100 sharing a substantial percentage of its portfolio. Wavemaker Impact has team of 25 people including 4 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio Acquisitions
Portfolio Soonicorns
Wavemaker Impact's List of Top Investments
Wavemaker Impact has a portfolio of 37 companies. Their most notable investments are in MetroElectro and Elevate Foods.Their portfolio spans across Singapore, United States, Australia and 11 more locations. They have invested in Food and Agriculture Tech, Environment Tech, Enterprise Applications and 18 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Wavemaker Impact:
Developer of a process for extracting lithium. It provides a proprietary method to extract lithium sustainably by reducing GHG emissions and minimizing the use of chemicals and freshwater. Its technology consists of a plug-and-play automated process and rapid processing time.
Key facts about Summit Nanotech
2. Dat Bike
Manufacturer of electric motorcycles, components, and related accessories for retail. The company provides several models of electric motorcycles with varying specifications. These include different battery capacities, motor power, and range capabilities. Customers can also purchase a variety of accessories. These include chargers, mudguards, helmets, and floor mats.
Key facts about Dat Bike
- Founded Year: 2019
- Location: Da Nang (Vietnam)
- Stage: Series B
- Total Funding till date: $51M
- Employee Count: 122 as on Sep 30, 2026
- Investors: Innoven Capital, Jungle Ventures and 12 Others
- Latest Funding Round: Series B, Mar 09, 2026, $*****
- Highlight: Editors' Pick
3. TurtleTree
Producer of cell-based sustainable food and dairy product alternatives. The company uses cell-based technology to extract cell samples from cattle that are further grown in a proliferate growth medium into muscle fiber and dairy ingredients and are used for the production of cultivated meat and dairy products.
Key facts about TurtleTree
- Founded Year: 2019
- Location: Singapore (Singapore)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $42.3M
- Employee Count: 17 as on Sep 30, 2026
- Investors: Highfield Capital, Smile Group and 27 Others
- Latest Funding Round: Series A, Jul 09, 2026, $*****
- Highlight: Editors' Pick
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4. VFlow Tech
Manufacturer of vanadium redox flow batteries for energy storage systems. These systems utilize liquid electrolyte solutions to store electrical energy for long durations. The technology provides a method for managing power loads and integrating renewable energy sources into electrical grids. The hardware includes stack designs and management systems to regulate charge and discharge cycles. These units are designed for industrial, commercial, and off-grid applications requiring consistent power availability.
Key facts about VFlow Tech
5. Lumitics
Lumitics is a technology company that provides a waste management solution for the food and beverage industry. It offers 'Insight', which is a waste tracker that uses AI for recognizing complex items.
Key facts about Lumitics
- Founded Year: 2017
- Location: Singapore (Singapore)
- Stage: Acquired
- Total Funding till date: $557K
- Employee Count: 11 as on Sep 30, 2026
- Investors: Wavemaker Partners, Plug and Play APAC and 21 Others
- Latest Funding Round: Seed, Jan 14, 2020, $*****
- Highlight: Acquired
Wavemaker Impact's Year-on-Year Investment Trends
Wavemaker Impact has invested in 37 companies over the last 7 years, with an average of 3 new investments annually in the last 5 years. In 2025, it made 6 investments, while as of Feb 2026, it has made 2 investments in this year. Its most recent first time investment was in Muun AI and most recent follow-on round was in MetroElectro.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 0 | 2 |
2025 | 4 | 2 | 6 |
2024 | 4 | 0 | 4 |
2023 | 3 | 0 | 3 |
2022 | 2 | 1 | 3 |
2021 | 1 | 0 | 1 |
2020 | 0 | 0 | 0 |
2019 | 1 | 0 | 1 |
Wavemaker Impact's Investments by Stage
Wavemaker Impact has made 14 investments in Seed stage with an average round size of $1.05M, 2 investments in Series A stage with an average round size of $12M and 1 investment in Unattributed stage with an average round size of $525K.Stage of entry | No. of Investments |
|---|---|
Seed | 14 |
Series A | 2 |
Unattributed | 1 |
Note: We have considered here, only first round of investments
Wavemaker Impact's Investments by Sector
Wavemaker Impact has a diverse portfolio, with companies operating in the Sustainability Tech, Environment Tech, Food and Agriculture Tech, Environment and Energy. Notably, it has invested in 29 Tech companies, 24 Enterprise (B2B) companies, 11 Tech hardware companies and at least 9 companies focusing on Software.Sector | No. of Investments |
|---|---|
Sustainability Tech | 7 |
Environment Tech | 5 |
Food and Agriculture Tech | 5 |
Environment | 4 |
Energy | 3 |
Others | 25 |
Note: We have considered here, only first round of investments
Wavemaker Impact's Investments by Geography
Wavemaker Impact has made most investments in Singapore (12), followed by Australia where it has made 1 investment.Country | No. of Investments |
|---|---|
Singapore | 12 |
Australia | 1 |
India | 1 |
Indonesia | 1 |
United States | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Wavemaker Impact's recent investments
Wavemaker Impact has made 2 investments in 2026 so far - Muun AI and Virdalis.Here are the most recent investments by Wavemaker Impact:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 2026 | Singapore | Seed | 6124 | ||
Feb 2026 | Singapore | Seed | 5526 | ||
Nov 17, 2025 | Australia | Seed | 8771 | - | |
Aug 2025 | Singapore | Seed | 8055 | ||
Apr 02, 2025 | Singapore | Seed | 6112 | - |
Acquired companies in Wavemaker Impact's Portfolio
1 company from Wavemaker Impact's portfolio has been acquired. The most recent acquisition was Lumitics in Jul 2026 by Winnow for $*****.Here are Wavemaker Impact's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 16, 2026 | - | - | 8060 |
Team profile of Wavemaker Impact
Wavemaker Impact has a team of 25 members including 4 Partners, 6 Venture Partners and 3 Principals located in Singapore and India. Wavemaker Impact's team sits on the board of 2 companies.Here is a list of top team members in Wavemaker Impact:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Singapore | - | ||
Partner | Singapore | - | ||
Partner | Singapore | Agros and TablePointer | - | |
Partner | Singapore | - | ||
Venture Partner | Delhi | - | ||
Venture Partner | Singapore | - | ||
Venture Partner | Singapore | - | - | |
Venture Partner | Singapore | - | ||
Venture Partner | Singapore | - | ||
Venture Partner | India | - | - | |
Principal | Delhi | Ecozen Solutions, AgNext and 4 more |
Co-investors of Wavemaker Impact
Over the past 7 years, 61 investors have co-invested in Wavemaker Impact's portfolio companies. This includes funds and angels.
- Invested before Wavemaker Impact: 100x100, Entrepreneurs First and 11 others have invested in rounds before Wavemaker Impact. There are 3 companies where 100x100 has invested before Wavemaker Impact and 2 companies where Entrepreneurs First has invested before Wavemaker Impact.
- Top Co-investors of Wavemaker Impact: 19 investors entered a company along with Wavemaker Impact. These include investors like 100x100 (9 companies).
- Invested after Wavemaker Impact: A total of 29 investors have invested in Wavemaker Impact's portfolio after their investments. Top Investors include Wavemaker Partners (2 companies), Antares Ventures (2 companies) and EDBI (2 companies).
Recent News related to Wavemaker Impact
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Muun AI expands industrial AI push with US$700K pre-seed fundinge27•Apr 08, 2026•Wavemaker Impact, Muun AI
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Virdalis secures US$700K to scale duckweed protein for animal feede27•Mar 16, 2026•Virdalis, Wavemaker Impact
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Wavemaker Impact Invests $3.3M in Australian Energy Tech Firm MetroElectroStartup Story•Nov 18, 2025•MetroElectro, Wavemaker, Wavemaker Impact
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SG-based construction sourcing startup nets $700k pre-seed fundingTech in Asia•Oct 07, 2025•Wavemaker Impact, Valtor Quotation
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Climate tech startup Arysun secures $575k pre-seed fundingTech in Asia•May 07, 2025•First Move Fund, Wavemaker Impact, Arysun
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Tracxn: women-led tech startups funding in SEA drops to $198M in 2024TechNode•Mar 11, 2025•Aptar Digital Health, Antler, Wavemaker Impact, 500 Global and 3 others
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Agros lands US$4.25M Series A to scale climate-resilient farming in Indonesiae27•Mar 11, 2025•Agros, Gaia Impact, Schneider Electric, Wavemaker Impact and 1 other
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Wavemaker Impact invests in Zentide to scale sustainable seaweed-based agriculturee27•Mar 04, 2025•Wavemaker Impact
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ID climate-tech startup HiFeed raises pre-seed fundingTech in Asia•Jan 08, 2025•HiFeed, Wavemaker Impact
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Agritech platform Rize raises US$14 mil in Series A round co-led by TemasekYahoo•Sep 04, 2024•Rize, Temasek, GenZero, Breakthrough Energy and 3 others
