WAVE Equity Partners

WAVE Equity Partners is an independent private investment firm based in Boston, Massachusetts, focused on sustainability. Founded in 2013, the firm specializes in partnering with early-growth companies that utilize proven clean technologies to create significant environmental benefits and drive financial performance for large industrial manufacturers. WAVE Equity Partners invests in sectors including clean energy, air, water, food, advanced materials, and recycling, primarily within North America. The firm leverages its industry knowledge and commitment to collaboration to support innovative solutions that are commercially viable, deliver immediate impact, and have the potential for scalability.

Haskell Crocker

Managing Director and Co-Founder

Mark Nydam

Operating Partner

Matthew Polimeno

Operating Partner

Mark Robinson

Founder and Managing Director

Sahay, Praveen

Managing Director

Bob Wolfe

CFO / CCO

18 past transactions

MayMaan Research

Series A in 2023
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.

Carbon Clean Solutions

Series C in 2022
Carbon Clean Solutions is an innovation company specializing in carbon dioxide (CO2) recovery technology for industrial purposes. CCS APBS breakthrough technology significantly reduces the operating costs and environmental impacts, thereby, making CCS technology cost-effective. Carbon Clean Solutions provides proprietary technology to power plants and industrial utilities for removing up to 90% carbon dioxide from the flue gases. Patented carbon capture technology developed by Carbon Clean Solutions, involves capturing carbon dioxide using proprietary regenerable advanced solvent combined with improved energy integration CO2 capture process. Low cost, energy-efficient APBS CO2 capture technology can be embedded in new power plants or retrofitted to existing ones. Carbon Clean Solutions operates multiple research teams and facilities across the globe and is commercializing its innovative energy=efficient CO2 capture with global customers.

Novolyze

Series A in 2022
Novolyze empowers food and beverage companies to enhance food safety and quality performance and compliance in a rapidly changing environment. We offer application-driven, tech-enabled solutions to activate a groundbreaking, holistic approach to food safety and quality. We leverage the power of IoT and cloud computing to unify food safety and quality data, transform them into actionable insights, and enable real-time decision-making.

Carbon Clean Solutions

Series B in 2021
Carbon Clean Solutions is an innovation company specializing in carbon dioxide (CO2) recovery technology for industrial purposes. CCS APBS breakthrough technology significantly reduces the operating costs and environmental impacts, thereby, making CCS technology cost-effective. Carbon Clean Solutions provides proprietary technology to power plants and industrial utilities for removing up to 90% carbon dioxide from the flue gases. Patented carbon capture technology developed by Carbon Clean Solutions, involves capturing carbon dioxide using proprietary regenerable advanced solvent combined with improved energy integration CO2 capture process. Low cost, energy-efficient APBS CO2 capture technology can be embedded in new power plants or retrofitted to existing ones. Carbon Clean Solutions operates multiple research teams and facilities across the globe and is commercializing its innovative energy=efficient CO2 capture with global customers.

CHASM Advanced Materials

Series C in 2021
CHASM’s mission is to develop and manufacture advanced carbon nanomaterials, leveraging our innovative product platforms to create a safer, more connected, and more sustainable world. The company's objective since its establishment in 2015 has been to create innovative materials with the potential to greatly improve performance, cost, and sustainability for global solutions. CHASM is defined by the best carbon nanotube (CNT) technology available, along with their exceptional capacity to incorporate nanotubes into game-changing applications.

Factorial Energy

Series A in 2021
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

Private Equity Round in 2021
Micatu is a next-generation optical sensing solution provider for the measurement of voltage, current, vibration, and temperature. Our solutions provide the highest data fidelity, accuracy, precision, and next-level harmonics measurements. Micatu’s GridView utility platform solution enables lower-cost deployments, maximizes integration of renewable energy, and increases data awareness for grid resilience.

AeroSafe Global

Private Equity Round in 2020
AeroSafe Global develops and produces aerogels and related materials for temperature-sensitive shipping needs in the United States. Its products are used in various thermal insulation applications to transport biomedical, pharmaceutical, and other temperature-sensitive products. The company provides a reliable, simple, and sustainable temperature sensitive supply chain solutions to the world’s leading biopharma companies. AeroSafe Global delivers cold-chain services for the biopharma industry that results in zero temperature excursions for every client, every product, every time. With proprietary packaging, logistics, and operational services, the company builds customized solutions that ensure the safe delivery of temperature-sensitive biopharmaceuticals.

Carbon Clean Solutions

Series B in 2020
Carbon Clean Solutions is an innovation company specializing in carbon dioxide (CO2) recovery technology for industrial purposes. CCS APBS breakthrough technology significantly reduces the operating costs and environmental impacts, thereby, making CCS technology cost-effective. Carbon Clean Solutions provides proprietary technology to power plants and industrial utilities for removing up to 90% carbon dioxide from the flue gases. Patented carbon capture technology developed by Carbon Clean Solutions, involves capturing carbon dioxide using proprietary regenerable advanced solvent combined with improved energy integration CO2 capture process. Low cost, energy-efficient APBS CO2 capture technology can be embedded in new power plants or retrofitted to existing ones. Carbon Clean Solutions operates multiple research teams and facilities across the globe and is commercializing its innovative energy=efficient CO2 capture with global customers.

Carbon Clean Solutions

Series B in 2020
Carbon Clean Solutions is an innovation company specializing in carbon dioxide (CO2) recovery technology for industrial purposes. CCS APBS breakthrough technology significantly reduces the operating costs and environmental impacts, thereby, making CCS technology cost-effective. Carbon Clean Solutions provides proprietary technology to power plants and industrial utilities for removing up to 90% carbon dioxide from the flue gases. Patented carbon capture technology developed by Carbon Clean Solutions, involves capturing carbon dioxide using proprietary regenerable advanced solvent combined with improved energy integration CO2 capture process. Low cost, energy-efficient APBS CO2 capture technology can be embedded in new power plants or retrofitted to existing ones. Carbon Clean Solutions operates multiple research teams and facilities across the globe and is commercializing its innovative energy=efficient CO2 capture with global customers.

WindESCo

Series B in 2020
Windesco is an energy company that specializes in providing hardware and software solutions for wind-power assets. The company uses proprietary algorithms to optimize asset performance and extend asset life, providing a unique value proposition in the wind industry. Windesco was founded in 2014 and headquartered in Massachusetts, United States.

Gradiant

Venture Round in 2019
Gradiant is a solutions provider and developer of cleantech water projects for advanced water and wastewater treatment. They provide microelectronics, pharmaceuticals, food and beverage, lithium and key minerals, and renewable energy.

CHASM Advanced Materials

Series A in 2018
CHASM’s mission is to develop and manufacture advanced carbon nanomaterials, leveraging our innovative product platforms to create a safer, more connected, and more sustainable world. The company's objective since its establishment in 2015 has been to create innovative materials with the potential to greatly improve performance, cost, and sustainability for global solutions. CHASM is defined by the best carbon nanotube (CNT) technology available, along with their exceptional capacity to incorporate nanotubes into game-changing applications.

Lionano

Series B in 2018
Lionano Inc. is a material manufacturing company commercializing an advanced drop-in replacement material for the lithium-ion batteries. The company focuses on improving the key components of lithium-ion batteries. The material has been nano-engineered to create batteries with greater capacity and cycle life. This technology can enable lighter and lower-cost consumer electronics and longer range for electric vehicles. The technology has been fully developed at Cornell University and Lionano is ready to launch the product. Lionano is led by a combination of unique people: a recent PhD graduate in Chemistry at Cornell University, an MBA from Cornell's Johnson School, a distinguished Professor in electrochemistry research at Cornell University, and an experienced battery industry expert. Lionano was founded in 2013 and is headquartered in Woburn, Massachusetts, USA.

Living Greens Farm

Venture Round in 2018
Living Greens Farm is a vertical, indoor grower of quality fresh lettuce, herbs, and microgreens. They are dedicated to providing year-round premium fresh produce. Located just south of the Twin Cities, they provide fast delivery to their customers to ensure the freshest products. Living Greens Farm is a vertical, indoor grower of high-quality fresh lettuce, herbs, and microgreens. They grow delicious produce with their know-how and their innovative growing system. Starting with natural seeds and providing plants high levels of oxygen, they absorb their rich nutrients for exceptional flavor and texture.

Lionano

Series A in 2017
Lionano Inc. is a material manufacturing company commercializing an advanced drop-in replacement material for the lithium-ion batteries. The company focuses on improving the key components of lithium-ion batteries. The material has been nano-engineered to create batteries with greater capacity and cycle life. This technology can enable lighter and lower-cost consumer electronics and longer range for electric vehicles. The technology has been fully developed at Cornell University and Lionano is ready to launch the product. Lionano is led by a combination of unique people: a recent PhD graduate in Chemistry at Cornell University, an MBA from Cornell's Johnson School, a distinguished Professor in electrochemistry research at Cornell University, and an experienced battery industry expert. Lionano was founded in 2013 and is headquartered in Woburn, Massachusetts, USA.

Intellihot

Venture Round in 2017
Intellihot manufactures tankless water heater systems for residential and commercial applications. The system developed after several years of extensive research and development has been recognized for its innovative design and has several patents pending. The company traces its humble beginnings to winter of 2005 when a traditional water heater broke down and flooded the basement of the founder.

Heatworks

Series A in 2016
Based in Charleston, South Carolina, the Heatworks team came together to not only create the best tankless water heater on the market, but also to change the way the world heats water. Through its patented Ohmic Array Technology, Heatworks leverages the natural conductivity of water to generate heat in the simplest, purest and most efficient way. People save money and help to preserve Earth’s most precious resources: water and energy.
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