PROJECT

Projects

Summary of Investment Information

Project Number

40090

Company Name

WAVEMAKER PACIFIC 1 PTE LTD

Date SPI Disclosed

Aug 15, 2017

Country

Southeast Asia Subregion

Region

East Asia and the Pacific

Projected Board Date

Sep 15, 2017

Environmental Category

FI-3 - No Impact

Status

Active

Last Updated Date

Dec 21, 2023

Department

Equity Portfolio Management

Industry

Funds

Previous Events

Approved : Sep 22, 2017
Signed : Sep 29, 2017
Invested : Oct 12, 2017

Sector

Venture Capital Fund

Project Description

Wavemaker Pacific 1 Pte. Ltd. (“Wavemaker SEA Fund II” or “the Fund”) is a $50 million early-stage VC fund focused on seed stage investments in the Southeast Asia region. The Fund aims to invest primarily in B2B companies led by exceptional entrepreneurs creating superior value by leveraging technology to deliver high-impact Automation, Data & Intelligence. Wavemaker’s investment strategy is to build a large portfolio, exercise optionality, differentiate with stage (seed) and focus (B2B), and leverage its network.                                                                                                     

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation