WAVE Equity Partners

AeroSafe Global is a U.S.-based company that develops and manufactures aerogels for thermal insulation, primarily serving the biopharmaceutical industry. Its products ensure reliable, sustainable, and simple temperature-sensitive supply chain solutions. AeroSafe Global specializes in cold-chain services, providing customized packaging, logistics, and operational services to prevent any temperature excursions during transportation of biomedical and pharmaceutical products.

MayMaan Research is to develop environmentally friendly technologies that will cut emissions and expenses for a more sustainable future. Maymaan has developed engine technology that is 70% water and 30% ethanol.

Intelligent fluids develops high-performance cleaning fluids based on a patented technology that combines gentle ingredients to create dynamic phase fluids tailored to specific needs. The fluids achieve cleaning effects through physical mechanisms rather than chemical dissolution, making them safe for users, equipment, and the environment. They are designed for microelectronics, electronics, optics, printing, industrial maintenance, and building protection, and are used for stripping, removing dirt, residues, coatings, and lacquer. The company pursues ongoing product development for its own line and collaborates on joint development agreements and private-label projects. In addition to established applications, the technology has potential in fields such as functional skincare and dental cosmetics. The approach aims to improve process efficiency and sustainability by offering alternatives to conventional solvents.

QiO Technologies is an AI-driven company specializing in sustainability solutions for industrial sectors. Its flagship product, Foresight Sustainability Suite, collects data from various industrial assets to optimize energy efficiency and resource use in real-time, enabling customers to reduce greenhouse gas emissions, energy consumption, production costs, and waste. The suite also automates ESG reporting for Scope 1 and Scope 2 emissions.

Carbon Clean Solutions develops carbon dioxide capture and recovery technology for industrial and power generation. Its solutions enable energy-efficient CO2 separation from flue gases and gas streams, with systems designed to retrofit existing plants and support new-build installations. The technology serves cement, steel, fertilizer, chemical, petrochemical, and utility sectors, helping reduce direct emissions from coal- or gas-fired sources. It employs regenerable solvent-based capture processes and process integration approaches to improve capture rates while lowering operating costs. Founded in 2009 and headquartered in Mumbai, the company maintains research facilities in the United Kingdom and India and has a global commercial presence including the United States.

Novolyze specializes in enhancing food safety and quality for the food and beverage industry. It leverages IoT and cloud computing to unify data, transform it into actionable insights, and facilitate real-time decision-making.

Chasm Advanced Materials, Inc. is a manufacturer specializing in single-wall and few-wall carbon nanotube materials, which are utilized across various applications such as touch sensors, smart surfaces, RF shielding, printed antennas, electrochemical sensors, and transparent heaters. Founded in 2015 and based in Canton, Massachusetts, the company serves diverse markets including mobile devices, transportation electronics, appliances, interactive displays, and energy storage, as well as sectors focused on environmental health and safety. Chasm aims to develop application-specific products and offers business development services to assist clients in commercializing new technologies through advanced materials science and process innovation. Its proprietary technologies enhance the performance and versatility of materials compared to traditional options, catering to the evolving needs of modern industries.

Carbon Clean Solutions develops carbon dioxide capture and recovery technology for industrial and power generation. Its solutions enable energy-efficient CO2 separation from flue gases and gas streams, with systems designed to retrofit existing plants and support new-build installations. The technology serves cement, steel, fertilizer, chemical, petrochemical, and utility sectors, helping reduce direct emissions from coal- or gas-fired sources. It employs regenerable solvent-based capture processes and process integration approaches to improve capture rates while lowering operating costs. Founded in 2009 and headquartered in Mumbai, the company maintains research facilities in the United Kingdom and India and has a global commercial presence including the United States.

Factorial Energy ("Factorial") has pioneered a new solid-state electrolyte material battery technology, FEST™ (Factorial Electrolyte System Technology™). Factorial will bring a more powerful battery product with longer range and higher degree of safety to the global electric vehicle (EV) market.

Micatu is an advanced optical sensing solution provider specializing in the measurement of voltage, current, vibration, and temperature. The company's innovative platform includes medium voltage sensors and vibrational sensors that enhance data fidelity, accuracy, and precision. By offering comprehensive data insights, Micatu's technology aids clients in improving power quality and management while enhancing safety and grid resilience. Additionally, Micatu's GridView utility platform supports lower-cost deployments and promotes the integration of renewable energy sources, contributing to greater awareness and efficiency within electrical grids.

AeroSafe Global is a U.S.-based company that develops and manufactures aerogels for thermal insulation, primarily serving the biopharmaceutical industry. Its products ensure reliable, sustainable, and simple temperature-sensitive supply chain solutions. AeroSafe Global specializes in cold-chain services, providing customized packaging, logistics, and operational services to prevent any temperature excursions during transportation of biomedical and pharmaceutical products.

Carbon Clean Solutions develops carbon dioxide capture and recovery technology for industrial and power generation. Its solutions enable energy-efficient CO2 separation from flue gases and gas streams, with systems designed to retrofit existing plants and support new-build installations. The technology serves cement, steel, fertilizer, chemical, petrochemical, and utility sectors, helping reduce direct emissions from coal- or gas-fired sources. It employs regenerable solvent-based capture processes and process integration approaches to improve capture rates while lowering operating costs. Founded in 2009 and headquartered in Mumbai, the company maintains research facilities in the United Kingdom and India and has a global commercial presence including the United States.

Carbon Clean Solutions develops carbon dioxide capture and recovery technology for industrial and power generation. Its solutions enable energy-efficient CO2 separation from flue gases and gas streams, with systems designed to retrofit existing plants and support new-build installations. The technology serves cement, steel, fertilizer, chemical, petrochemical, and utility sectors, helping reduce direct emissions from coal- or gas-fired sources. It employs regenerable solvent-based capture processes and process integration approaches to improve capture rates while lowering operating costs. Founded in 2009 and headquartered in Mumbai, the company maintains research facilities in the United Kingdom and India and has a global commercial presence including the United States.

WindESCo develops IoT solutions for the wind industry. It offers WeBoost to enhance wind farm Annual Energy Production (AEP) using SCADA data, WeProtect to reduce major component failures by mapping wind conditions, and WeExtend to determine fatigue loading on structural components, extending asset life.

Gradiant is a provider of advanced water and wastewater treatment solutions, specializing in cleantech projects. The company employs proprietary technologies to serve various industries, including microelectronics, pharmaceuticals, food and beverage, lithium and critical minerals, and renewable energy. Gradiant's innovative approaches aim to minimize water usage and discharge for its clients, enabling them to reclaim valuable resources and convert wastewater into freshwater. Through its focus on sustainability, Gradiant supports mission-critical operations while addressing the growing challenges of water scarcity and environmental impact.

Chasm Advanced Materials, Inc. is a manufacturer specializing in single-wall and few-wall carbon nanotube materials, which are utilized across various applications such as touch sensors, smart surfaces, RF shielding, printed antennas, electrochemical sensors, and transparent heaters. Founded in 2015 and based in Canton, Massachusetts, the company serves diverse markets including mobile devices, transportation electronics, appliances, interactive displays, and energy storage, as well as sectors focused on environmental health and safety. Chasm aims to develop application-specific products and offers business development services to assist clients in commercializing new technologies through advanced materials science and process innovation. Its proprietary technologies enhance the performance and versatility of materials compared to traditional options, catering to the evolving needs of modern industries.

Lionano Inc. is a battery technology company based in Woburn, Massachusetts, that specializes in the research, development, and commercialization of advanced battery materials. Founded in 2013, the company focuses on creating a drop-in replacement material for lithium-ion batteries, which has been nano-engineered to enhance capacity and cycle life. This innovative technology aims to improve key components of lithium-ion batteries, ultimately enabling lighter and more cost-effective consumer electronics, as well as extending the range of electric vehicles. Lionano's team comprises experts, including a recent PhD graduate in Chemistry from Cornell University, an MBA graduate from Cornell's Johnson School, a distinguished professor in electrochemistry, and a seasoned professional in the battery industry. The technology underpinning Lionano's products has been fully developed at Cornell University, positioning the company for a strong market entry.

Living Greens Farm, Inc. is an innovative agricultural company based in Prior Lake, Minnesota, specializing in vertical, indoor farming. Established in 2011, the company focuses on the development of aeroponic farming technology to grow high-quality, pesticide-free fresh produce, including lettuce, herbs, and microgreens. By employing a unique aeroponic system that minimizes pathogen risk and optimizes nutrient absorption, Living Greens Farm ensures that its plants receive adequate oxygen and nutrients for superior flavor and texture. The company is committed to sustainability, utilizing less land and water compared to traditional farming methods. Additionally, it transforms distressed urban properties and warehouses into productive urban farms, partnering with regional and national wholesale and retail distributors to deliver fresh produce year-round.

Lionano Inc. is a battery technology company based in Woburn, Massachusetts, that specializes in the research, development, and commercialization of advanced battery materials. Founded in 2013, the company focuses on creating a drop-in replacement material for lithium-ion batteries, which has been nano-engineered to enhance capacity and cycle life. This innovative technology aims to improve key components of lithium-ion batteries, ultimately enabling lighter and more cost-effective consumer electronics, as well as extending the range of electric vehicles. Lionano's team comprises experts, including a recent PhD graduate in Chemistry from Cornell University, an MBA graduate from Cornell's Johnson School, a distinguished professor in electrochemistry, and a seasoned professional in the battery industry. The technology underpinning Lionano's products has been fully developed at Cornell University, positioning the company for a strong market entry.

Intellihot is a manufacturer of tankless water heater systems for both residential and commercial applications. Established in 2005, the company emerged from the founder's experience with a traditional water heater malfunction. Intellihot's innovative designs, which have several patents pending, focus on conserving space and eliminating the need for bulky storage tanks. The systems are equipped with advanced connectivity features, including Wi-Fi and 3G/4G capabilities, allowing users to connect to a router or internet hub. This connectivity enables the analysis of water usage patterns, providing clients with on-demand water heating solutions that are both efficient and space-saving.

Heatworks Technologies, Inc. is a manufacturer of innovative water heating solutions based in Mount Pleasant, South Carolina. Founded in 2006, the company specializes in developing tankless electric water heaters and smart home appliances that improve efficiency and purity in water heating. Its notable products include the Model 3, a tankless water heater, the Tetra dishwasher, which is designed to clean tableware, and the Duo Carafe, a battery-operated hot water system. By utilizing patented Ohmic Array Technology, Heatworks generates heat through the natural conductivity of water, enhancing efficiency while ensuring that the hot water is free from sediment. The company's products are sold online, making them accessible to residential users who are interested in energy conservation and resource management.