PROJECT

Projects

Summary of Investment Information

Project Number

42247

Company Name

WAVEMAKER PACIFIC 3, LP

Date SPI Disclosed

Jan 16, 2019

Country

East Asia and Pacific Region

Region

East Asia and the Pacific

Projected Board Date

Apr 18, 2019

Environmental Category

FI-3 - No Impact

Status

Active

Last Updated Date

Sep 12, 2024

Department

Equity Portfolio Management

Industry

Funds

Previous Events

Approved : Apr 18, 2019
Signed : May 22, 2019
Invested : Jun 26, 2019

Sector

Fund Management Company

Project Description

 Wavemaker Pacific 3, L.P.  (“Wavemaker SEA Fund III” or “the Fund”) is targeted to be a US$100 million Venture Capital (“VC”) fund focused on seed stage investments in the Southeast Asia (SEA) region. The Fund aims to invest primarily in Business-to-Business (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