About Wavemaker Impact
Wavemaker Impact is a venture capital firm founded in 2012. It is primarily based out of Singapore, Singapore. As of Mar 2026, Wavemaker Impact is an active investor, having invested in 36 companies, with 3 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 High Tech. Most recently it participated in the $***** Seed round of Virdalis A lot of funds co-invest with Wavemaker Impact, with names like SEEDS Capital 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 Soonicorns
Deals in last 12 months
Wavemaker Impact's List of Top Investments
Wavemaker Impact has a portfolio of 36 companies. Their most notable investments are in VFlow Tech and MetroElectro.Their portfolio spans across Singapore, United States, China and 11 more locations. They have invested in Food and Agriculture Tech, Environment Tech, High Tech and 18 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Wavemaker Impact:_1569477867350.png?format=webp&height=120&width=120){kind=logo}
1. VFlow Tech
Manufacturer of vanadium redox flow batteries for energy storage solutions. These batteries offer safe, scalable, and sustainable options. The company's batteries are suitable for telecom towers, home applications, and solar trackers. They also work for commercial, industrial, off-grid, solar, wind farm, and EV car charging purposes. The batteries can perform grid balancing, diesel genset, and large industry roles.
Key facts about VFlow Tech
- Founded Year: 2018
- Location: Singapore (Singapore)
- Annual Revenue: 3.11M SGD as on Mar 31, 2024
- Stage: Series A
- Total Funding till date: $33.5M
- Employee Count: 39 as on Jul 01, 2024
- Investors: Entrepreneur First, 35V and 34 Others
- Latest Funding Round: Series A, May 14, 2025, $*****
- Highlight: Editors' Pick
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
- Founded Year: 2018
- Location: Calgary (Canada)
- Stage: Series B
- Total Funding till date: $95.7M
- Employee Count: 97 as on Feb 28, 2026
- Investors: LG Technology Ventures, Sustainable Development Technology Canada and 14 Others
- Latest Funding Round: Series B, Mar 18, 2025, $*****
- Highlight: Editors' Pick
3. 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: 2018
- Location: Da Nang (Vietnam)
- Stage: Series B
- Total Funding till date: $51M
- Employee Count: 35 as on Jul 01, 2024
- Investors: Jungle Ventures, Delivery Hero Ventures and 11 Others
- Latest Funding Round: Series B, Mar 09, 2026, $*****
- Highlight: Editors' Pick
{}
Key facts about Blue Frontier
- Founded Year: 2017
- Location: Parkland (United States)
- Stage: Series B
- Total Funding till date: $36.9M
- Employee Count: 6 as on Jul 01, 2024
- Investors: 2150.VC, Third Derivative and 6 Others
- Latest Funding Round: Series B, Dec 21, 2023, $*****
- Highlight: Editors' Pick
5. Hydroleap
Key facts about Hydroleap
- Founded Year: 2016
- Location: Singapore (Singapore)
- Stage: Series A
- Total Funding till date: $12M
- Employee Count: 10 as on Jul 01, 2024
- Investors: Entrepreneur First, Imagine H2O and 20 Others
- Latest Funding Round: Series A, Jul 30, 2025, $*****
Wavemaker Impact's Year-on-Year Investment Trends
Wavemaker Impact has invested in 36 companies over the last 7 years, with an average of 3 new investments annually in the last 5 years. In 2025, it made 5 investments, while as of Mar 2026, it has made 1 investment in this year. Its most recent first time investment was in Virdalis and most recent follow-on round was in MetroElectro.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 3 | 2 | 5 |
2024 | 4 | 0 | 4 |
2023 | 2 | 1 | 3 |
2022 | 2 | 1 | 3 |
2021 | 2 | 0 | 2 |
2020 | 1 | 0 | 1 |
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 $1.23M, 1 investment in Series A stage with an average round size of $14M and 1 investment in Unattributed stage with an average round size of $525K.Stage of entry | No. of Investments |
|---|---|
Seed | 14 |
Series A | 1 |
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, Food and Agriculture Tech, Environment Tech and Energy. Notably, it has invested in 27 Tech companies, 21 Enterprise (B2B) companies, 11 Tech hardware companies and at least 10 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Sustainability Tech | 7 |
Environment | 5 |
Food and Agriculture Tech | 5 |
Environment Tech | 4 |
Energy | 3 |
Others | 19 |
Note: We have considered here, only first round of investments
Wavemaker Impact's Investments by Geography
Wavemaker Impact has made most investments in Singapore (9), followed by Australia where it has made 1 investment.Country | No. of Investments |
|---|---|
Singapore | 9 |
Australia | 1 |
India | 1 |
Indonesia | 1 |
United Kingdom | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Wavemaker Impact's recent investments
Wavemaker Impact has made 1 investments in 2026 so far - Virdalis.Here are the most recent investments by Wavemaker Impact:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 16, 2026 | - | Seed | 1249 | - | |
Nov 17, 2025 | Australia | Seed | 4442 | - | |
Oct 07, 2025 | Singapore | Seed | 4088 | - | |
May 07, 2025 | Indonesia | Seed | 6369 | ||
Mar 11, 2025 | Singapore | Series A | 9033 | [+4] |
Team profile of Wavemaker Impact
Wavemaker Impact has a team of 25 members including 4 Partners, 4 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 | TablePointer and Agros | - | |
Partner | - | - | - | |
Venture Partner | - | - | - | |
Venture Partner | Singapore | - | - | |
Venture Partner | Singapore | - | - | |
Venture Partner | Singapore | - | - | |
Principal | Delhi | Ecozen Solutions, AgNext and 4 more | ||
Principal | Singapore | - | - | |
Principal | Singapore | - | - |
Co-investors of Wavemaker Impact
Over the past 7 years, 52 investors have co-invested in Wavemaker Impact's portfolio companies. This includes funds and angels.
- Invested before Wavemaker Impact: Entrepreneur First, SGInnovate and 2 others have invested in rounds before Wavemaker Impact. There are 2 companies where Entrepreneur First has invested before Wavemaker Impact and 1 company where SGInnovate has invested before Wavemaker Impact.
- Top Co-investors of Wavemaker Impact: 21 investors entered a company along with Wavemaker Impact. These include investors like SEEDS Capital (2 companies).
- Invested after Wavemaker Impact: A total of 27 investors have invested in Wavemaker Impact's portfolio after their investments. Top Investors include UntroD (2 companies), Antares Ventures (2 companies) and EDBI (2 companies).
Recent News related to Wavemaker Impact
•
•
Wavemaker Impact Invests $3.3M in Australian Energy Tech Firm MetroElectroStartup Story•Nov 18, 2025•MetroElectro, Wavemaker, Wavemaker Impact
•
SG-based construction sourcing startup nets $700k pre-seed fundingTech in Asia•Oct 07, 2025•Wavemaker Impact, Valtor Quotation
•
Climate tech startup Arysun secures $575k pre-seed fundingTech in Asia•May 07, 2025•First Move Fund, Wavemaker Impact, Arysun
•
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
•
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
•
•
ID climate-tech startup HiFeed raises pre-seed fundingTech in Asia•Jan 08, 2025•HiFeed, Wavemaker Impact
•
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
