Wavemaker, one of the early Singapore venture firms focused on business-to-business startups, has invested in more than 130 companies since 2012. About 100 are enterprise-related ventures, while the rest are working on scientific discoveries and engineering advancements. So far, Wavemaker has had 11 exits.
“We will continue to focus on enterprise and deep tech startups that solve meaningful problems and are rewarded with attractive unit economics,” said Managing Partner Paul Santos. “We believe crisis trigger a flight to quality.”
Wavemaker’s portfolio companies include laser communications startup Transcelestial, construction site management software company Novade and business-to-business marketplace GudangAda.