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Wavemaker Partners launches $40.37m fund for SEA Series B startups

Nov 14, 2024over 1 year ago

Contract Type

partnership

India

Description

Wavemaker Partners has announced the launch of a $40.37m fund, the Wavemaker Growth Opportunities Fund, to support enterprise, deep tech, and sustainability startups in Southeast Asia at Series B stage and beyond. The fund aims to back eight to 12 companies with investments ranging from $4m to $10.76m each.

Company Information

Company

Wavemaker-backed

Location

India

About

The fresh funds will be used to boost system improvement and talent acquisition as the company eyes expansion plans within India and Southeast Asia.

Predictive Intelligence
Strategic

ML-powered predictions for Wavemaker-backed's next move

Learn about Strategic plan

Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.