Wavemaker Partners

Founded in 2003, Wavemaker Partners is a venture capital firm headquartered in Singapore with dual offices in Los Angeles. It specializes in early-stage technology investments across Asia-Pacific and the United States, focusing on enterprise, digital media, deep technology, and consumer sectors.

Joel Ang

Senior Associate and Vice President of Investment

Harold Au

Investment Manager

Kris Bjornerud

Managing Partner

Sui Ling Cheah

Operating Partner

Mac Hong

Principal

Past deals in Vietnam

Dat Bike

Venture Round in 2022
Dat Bike is a Vietnamese manufacturer of electric motorbikes and scooters dedicated to promoting green transportation and reducing pollution. Its zero-emission two-wheelers are designed to deliver efficient performance, often rivaling gasoline bikes in speed, and the company also offers accessories and related products through an online store to support riders and expand the use of electric scooters.

Medici Vietnam

Series A in 2022
Medici Vietnam is a health tech firm that functions as a comprehensive platform for healthcare and insurance coverage. It offers both life and non-life insurance options while providing an online marketplace that enhances access and transparency for drug and supplement purchases. The company's healthcare services include telemedicine, health screenings, and a network of in-house doctor influencers. By integrating these services, Medici Vietnam aims to deliver peace of mind and protection against various health-related risks for its customers.

Dat Bike

Series A in 2022
Dat Bike is a Vietnamese manufacturer of electric motorbikes and scooters dedicated to promoting green transportation and reducing pollution. Its zero-emission two-wheelers are designed to deliver efficient performance, often rivaling gasoline bikes in speed, and the company also offers accessories and related products through an online store to support riders and expand the use of electric scooters.

Medici Vietnam

Seed Round in 2022
Medici Vietnam is a health tech firm that functions as a comprehensive platform for healthcare and insurance coverage. It offers both life and non-life insurance options while providing an online marketplace that enhances access and transparency for drug and supplement purchases. The company's healthcare services include telemedicine, health screenings, and a network of in-house doctor influencers. By integrating these services, Medici Vietnam aims to deliver peace of mind and protection against various health-related risks for its customers.

Dat Bike

Seed Round in 2021
Dat Bike is a Vietnamese manufacturer of electric motorbikes and scooters dedicated to promoting green transportation and reducing pollution. Its zero-emission two-wheelers are designed to deliver efficient performance, often rivaling gasoline bikes in speed, and the company also offers accessories and related products through an online store to support riders and expand the use of electric scooters.

SourceSage

Venture Round in 2020
SourceSage is a B2B marketplace aggregator founded by Sim Jian Min, who recognized significant inefficiencies in the outsourcing industry while observing his father's business. Established in Singapore in 2015, the company aims to streamline long-tail spending, an area often overlooked in procurement. By leveraging Big Data analytics, SourceSage offers a proprietary platform that allows companies to access millions of e-commerce products and services from various global and local marketplaces, making the purchasing process more efficient and hassle-free for employees. With a presence in ten countries across the Asia-Pacific region, including Malaysia, Vietnam, India, Thailand, Indonesia, China, Australia, and Japan, SourceSage serves clients such as DHL, Certis, and Mitsui, positioning itself as a leader in managed marketplace solutions for businesses seeking to optimize their procurement processes.

Canal Circle

Seed Round in 2019
Canal Circle Vietnam Technologies Company Limited is a technology company based in Hanoi, Vietnam, that specializes in developing core banking software and solutions tailored for banking and microfinance institutions. Founded in 2015, the company is dedicated to facilitating digital transformation within the financial sector, particularly for underserved communities. It offers a range of software products designed to enhance operational efficiency and customer engagement. Notable solutions include Mini, which digitizes records, CoreB for financial accounting, and Tizo, an application that enables borrowers to manage their loan information effectively. By collaborating with financial institutions, Canal Circle aims to provide accessible financial services and essential products to low-income populations, particularly in remote areas that are often overlooked by traditional financial services.

ARCSTONE

Venture Round in 2018
Arcstone Pte. Ltd. is a Singapore-based company that specializes in developing and marketing manufacturing software solutions. Founded in 2013, it offers a comprehensive platform known as the Arcstone Operations Platform (arc.ops), which integrates various data streams from IoT sensors, machines, ERPs, and workstation tablets. This platform enables manufacturers to monitor, track, visualize, and control production operations, facilitating both automated and manual processes in manufacturing, machine maintenance, and warehousing. By operationalizing data, Arcstone empowers facility managers to enhance visibility and control, leading to significant cost reductions and quality improvements across the manufacturing supply chain. The company also has a presence in India, Vietnam, and Indonesia, highlighting its regional commitment to optimizing operational efficiency.

Oddle

Venture Round in 2017
The Oddle Company Pte Ltd. is an online food ordering platform that supports restaurants by integrating various facets of the takeaway business, including order aggregation, outlet operations, logistics, and customer relationship management. Established in 2014 and headquartered in Singapore, Oddle has expanded its services to the United States, Singapore, Hong Kong, and Vietnam, onboarding over 5,000 restaurants across the APAC region. The platform enables restaurant owners to create their own online stores with direct access to local logistics partners, enhancing the customer experience. Additionally, Oddle connects food lovers through its consumer-facing platform, Oddle Eats, which offers personalized restaurant recommendations and facilitates online deliveries and table reservations. This comprehensive approach helps food makers engage with their customers more effectively while increasing sales opportunities.

SourceSage

Venture Round in 2017
SourceSage is a B2B marketplace aggregator founded by Sim Jian Min, who recognized significant inefficiencies in the outsourcing industry while observing his father's business. Established in Singapore in 2015, the company aims to streamline long-tail spending, an area often overlooked in procurement. By leveraging Big Data analytics, SourceSage offers a proprietary platform that allows companies to access millions of e-commerce products and services from various global and local marketplaces, making the purchasing process more efficient and hassle-free for employees. With a presence in ten countries across the Asia-Pacific region, including Malaysia, Vietnam, India, Thailand, Indonesia, China, Australia, and Japan, SourceSage serves clients such as DHL, Certis, and Mitsui, positioning itself as a leader in managed marketplace solutions for businesses seeking to optimize their procurement processes.

Oddle

Venture Round in 2016
The Oddle Company Pte Ltd. is an online food ordering platform that supports restaurants by integrating various facets of the takeaway business, including order aggregation, outlet operations, logistics, and customer relationship management. Established in 2014 and headquartered in Singapore, Oddle has expanded its services to the United States, Singapore, Hong Kong, and Vietnam, onboarding over 5,000 restaurants across the APAC region. The platform enables restaurant owners to create their own online stores with direct access to local logistics partners, enhancing the customer experience. Additionally, Oddle connects food lovers through its consumer-facing platform, Oddle Eats, which offers personalized restaurant recommendations and facilitates online deliveries and table reservations. This comprehensive approach helps food makers engage with their customers more effectively while increasing sales opportunities.

SourceSage

Seed Round in 2016
SourceSage is a B2B marketplace aggregator founded by Sim Jian Min, who recognized significant inefficiencies in the outsourcing industry while observing his father's business. Established in Singapore in 2015, the company aims to streamline long-tail spending, an area often overlooked in procurement. By leveraging Big Data analytics, SourceSage offers a proprietary platform that allows companies to access millions of e-commerce products and services from various global and local marketplaces, making the purchasing process more efficient and hassle-free for employees. With a presence in ten countries across the Asia-Pacific region, including Malaysia, Vietnam, India, Thailand, Indonesia, China, Australia, and Japan, SourceSage serves clients such as DHL, Certis, and Mitsui, positioning itself as a leader in managed marketplace solutions for businesses seeking to optimize their procurement processes.

ARCSTONE

Seed Round in 2015
Arcstone Pte. Ltd. is a Singapore-based company that specializes in developing and marketing manufacturing software solutions. Founded in 2013, it offers a comprehensive platform known as the Arcstone Operations Platform (arc.ops), which integrates various data streams from IoT sensors, machines, ERPs, and workstation tablets. This platform enables manufacturers to monitor, track, visualize, and control production operations, facilitating both automated and manual processes in manufacturing, machine maintenance, and warehousing. By operationalizing data, Arcstone empowers facility managers to enhance visibility and control, leading to significant cost reductions and quality improvements across the manufacturing supply chain. The company also has a presence in India, Vietnam, and Indonesia, highlighting its regional commitment to optimizing operational efficiency.
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