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.

Joel Ang

Principal, Investment

Mac Hong

Principal, Finance

Mikal Hussain

Associate

Andy Hwang

General Partner

Mikal Khoso

Investor

Gavin Lee

General Partner

Michael Mizrahi

Principal

Doug Parker

Venture Partner

John-Marshall Stubbs

Associate

Ajay Taunk

Senior Investment Associate

Phuong Tran

Principal, Investment

Past deals in Vietnam

CNV Loyalty

Seed Round in 2024
CNV Loyalty Company Limited is a developer of customer care applications based in Ho Chi Minh City, Vietnam, with an additional office in Hanoi. Founded in 2017, the company specializes in providing a comprehensive platform that enables businesses to deploy customer care programs and e-membership systems. Its solutions facilitate the accumulation of points, redemption of gifts, and distribution of promotions, allowing users to purchase products and services, book appointments, and interact directly with brands. CNV Loyalty’s offerings are tailored to various industries, including food and beverage, retail, fashion, and technology, ensuring they align with customer purchasing behaviors. The platform aims to enhance user experience and foster customer loyalty without the need for third-party intermediaries, ultimately helping businesses retain and expand their customer bases.

Dat Bike

Venture Round in 2022
Dat Bike is a Vietnamese startup focused on manufacturing electric motorbikes that promote sustainable transportation. The company designs electric scooters that produce zero emissions and outperform traditional gas-powered bikes in speed. By offering a range of accessories, including helmets and fuel tank bags, through their online retail store, Dat Bike aims to enhance the user experience while encouraging environmentally friendly practices. Their commitment to reducing pollution positions them as a key player in the growing market for green transportation solutions.

Dat Bike

Series A in 2022
Dat Bike is a Vietnamese startup focused on manufacturing electric motorbikes that promote sustainable transportation. The company designs electric scooters that produce zero emissions and outperform traditional gas-powered bikes in speed. By offering a range of accessories, including helmets and fuel tank bags, through their online retail store, Dat Bike aims to enhance the user experience while encouraging environmentally friendly practices. Their commitment to reducing pollution positions them as a key player in the growing market for green transportation solutions.

Dat Bike

Seed Round in 2021
Dat Bike is a Vietnamese startup focused on manufacturing electric motorbikes that promote sustainable transportation. The company designs electric scooters that produce zero emissions and outperform traditional gas-powered bikes in speed. By offering a range of accessories, including helmets and fuel tank bags, through their online retail store, Dat Bike aims to enhance the user experience while encouraging environmentally friendly practices. Their commitment to reducing pollution positions them as a key player in the growing market for green transportation solutions.

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.

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.

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.
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