Vebu Labs

Wavemaker Partners is an early-stage venture capital firm founded in 2003 dual-headquartered in Los Angeles and Singapore. We have over $265M in assets under management, have invested in over 300 portfolio companies, and have consistently delivered top quartile returns to our investors. Wavemaker is the regional partner for Southern California and Southeast Asia of the Draper Venture Network (DVN), the world's leading VC collective comprising of 10 firms across 5 continents.

Alon Goren

Venture Partner

James (Buck) Jordan

Managing Partner

Mikal Khoso

Investor

Gavin Lee

General Partner

Eric Manlunas

Founder, Managing Partner of Wavemaker US and General Partner of Wavemaker SEA

Michael Mizrahi

Principal

Paul Santos

Managing Partner

John-Marshall Stubbs

Associate

Kano Takebayashi

VP, Investments

Colin Tang

Senior Associate, Investor Relations

Adrian Vanzyl

Venture Partner

Past deals in Vietnam

MindX Technology

Series B in 2023
MindX launched in 2014 as a home for young techies. Some came to learn to code, some came to pick up another language or skill or English. Tech companies started to approach MindX for recruitment. In mid-2017, the company decided to form its own team, picking the best from its classes.

Medici Vietnam

Series A in 2022
Medici Vietnam operates as an one-stop healthcare and insurance coverage platform.

MFast (DigiPay J.S.C.)

Series A in 2022
MFast operates as a fintech platform. MFAST is a brand under Digital Payment Solution Joint Stock Company - DigiPay JSC.

Dat Bike

Series A in 2022
Dat Bike Vietnam Company Limited designs and manufactures electric bikes. The company also manufactures accessories for bikes. The company was founded in 2018 and is based in Thu Dau Mot, Vietnam.

Medici Vietnam

Seed Round in 2022
Medici Vietnam operates as an one-stop healthcare and insurance coverage platform.

FoodMap

Seed Round in 2022
FoodMap is a startup with the goal of connecting customers with ethical farmers and food suppliers directly.

MindX Technology

Series A in 2021
MindX launched in 2014 as a home for young techies. Some came to learn to code, some came to pick up another language or skill or English. Tech companies started to approach MindX for recruitment. In mid-2017, the company decided to form its own team, picking the best from its classes.

Parcel Perform

Series A in 2021
Parcel Perform is the leading carrier-independent delivery experience platform for e-commerce merchants and their customers. Its software-as-a-service (SaaS) platform integrates with 600+ carriers worldwide and helps merchants to improve their delivery experience while developing efficient supply chains. Parcel Perform is SG:D-accredited and has offices in Singapore, Vietnam and Europe, serving leading enterprise brands worldwide. Its branded tracking pages and notifications, customer service and logistics performance tools are used by leading global brands, including Nespresso and Decathlon.

Dat Bike

Seed Round in 2021
Dat Bike Vietnam Company Limited designs and manufactures electric bikes. The company also manufactures accessories for bikes. The company was founded in 2018 and is based in Thu Dau Mot, Vietnam.

Parcel Perform

Venture Round in 2019
Parcel Perform is the leading carrier-independent delivery experience platform for e-commerce merchants and their customers. Its software-as-a-service (SaaS) platform integrates with 600+ carriers worldwide and helps merchants to improve their delivery experience while developing efficient supply chains. Parcel Perform is SG:D-accredited and has offices in Singapore, Vietnam and Europe, serving leading enterprise brands worldwide. Its branded tracking pages and notifications, customer service and logistics performance tools are used by leading global brands, including Nespresso and Decathlon.

Canal Circle

Seed Round in 2019
Canal Circle Vietnam Technologies Company Limited specializes in developing core banking software and solutions tailored for banking and microfinance institutions in Vietnam. Established in 2015 and headquartered in Hanoi, the company is dedicated to advancing digital transformation within the financial sector. Canal Circle offers a range of software products designed to enhance operational efficiency and client engagement. Notable solutions include Mini, which streamlines record-keeping and administrative tasks; CoreB, focused on financial accounting; and Tizo, an application that helps borrowers manage their loan information and repayment schedules. The company aims to empower low-income communities, including those in remote areas, by partnering with financial institutions to create customized technology solutions that provide access to essential products and services often overlooked by traditional providers.

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.

Parcel Perform

Seed Round in 2018
Parcel Perform is the leading carrier-independent delivery experience platform for e-commerce merchants and their customers. Its software-as-a-service (SaaS) platform integrates with 600+ carriers worldwide and helps merchants to improve their delivery experience while developing efficient supply chains. Parcel Perform is SG:D-accredited and has offices in Singapore, Vietnam and Europe, serving leading enterprise brands worldwide. Its branded tracking pages and notifications, customer service and logistics performance tools are used by leading global brands, including Nespresso and Decathlon.

GIZTIX

Series A in 2017
GIZTIX Company Limited operates an online logistics marketplace that connects businesses with transporters across Asia. Founded in 2015 and based in Bangkok, Thailand, GIZTIX allows users to compare transportation prices, book shipping services for both domestic and international logistics, and manage shipments and invoices through a single platform. The service covers a wide range of destinations, including Thailand, Malaysia, Indonesia, China, Japan, Laos, Hong Kong, Vietnam, and Singapore. In addition to facilitating quick truck sourcing, GIZTIX helps fleet owners enhance their operational efficiency through its transportation management system (TMS) software. By streamlining logistics processes and leveraging data analytics, GIZTIX aims to optimize delivery speed and scalability in the trucking market.

Oddle

Venture Round in 2017
Oddle is an online food ordering platform that facilitates the management of delivery and takeout orders for restaurants. Founded in 2013 and based in Singapore, the company provides a comprehensive solution that integrates order aggregation, outlet operations, logistics, and customer relationship management. The platform processes orders from various channels, including websites, social media, phone calls, and emails, and alerts outlet staff through an iPad application. Restaurants can utilize the backend system to gain insights into customer behavior and analyze sales reports. Oddle serves a diverse portfolio of over 500 restaurants across several regions, including Singapore, Hong Kong, Vietnam, Malaysia, and Taiwan, and is utilized by notable food chains such as Paul Bakery, Shangri-La, Holiday Inn, Lady M, Pizza Express, and Dunkin Donuts.

Oddle

Venture Round in 2016
Oddle is an online food ordering platform that facilitates the management of delivery and takeout orders for restaurants. Founded in 2013 and based in Singapore, the company provides a comprehensive solution that integrates order aggregation, outlet operations, logistics, and customer relationship management. The platform processes orders from various channels, including websites, social media, phone calls, and emails, and alerts outlet staff through an iPad application. Restaurants can utilize the backend system to gain insights into customer behavior and analyze sales reports. Oddle serves a diverse portfolio of over 500 restaurants across several regions, including Singapore, Hong Kong, Vietnam, Malaysia, and Taiwan, and is utilized by notable food chains such as Paul Bakery, Shangri-La, Holiday Inn, Lady M, Pizza Express, and Dunkin Donuts.

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.

Ardent Capital

Series A in 2013
Ardent Capital is a team of experienced entrepreneurs with a history of successful exits throughout Southeast Asia and globally. We bring together all the key elements required to create great companies: Team, Strategy, Operations, Marketing, Technology, Capital, and Passion. We are thrilled and privileged to be participating in a technology revolution sweeping the region.

500 Labs

Venture Round in 2011
500 Labs, formerly known as 500 Startups, is a global venture capital firm and startup accelerator established in 2010 and headquartered in Mountain View, California. The firm focuses on seed and early-stage investments across a wide range of sectors, including technology, financial services, biotech, and various emerging markets. It aims to support small and medium-sized startups through funding, mentorship, and a structured four-month accelerator program. 500 Labs invests between $0.05 million and $1 million for equity stakes of 5 to 10 percent in companies with monthly revenues of at least $100,000 and valuations between $1.54 million and $7.69 million. The firm has a strong emphasis on diversity, actively seeking to invest in companies led by minority founders. With a global footprint, 500 Labs operates in regions such as the Middle East, Asia, Europe, and Latin America, and has supported over 2,200 startups since its inception. It also contributes to building startup ecosystems through educational initiatives and global partnerships.