Wavemaker Impact Launches Numat with US$525K Investment to Drive Sustainable Bamboo Processing
MANILA, 5 NOVEMBER 2024 – Climate tech venture builder Wavemaker Impact has launched Numat, a new venture focused on transforming bamboo processing with sustainable practices. With a fresh investment of US$525,000, Numat is set to lead the way in the primary processing of bamboo, putting nature and community first. Numat’s mission is to transform raw bamboo into sustainable products, […]
Reimagining Singapore’s place in the global equity market
When things aren’t working as well as we’d like, we typically have three choices: criticise and complain, accept it and live with it, or try to do something about it. This time, I’ve chosen to go with the third. I’m privileged to be part of the Monetary Authority of Singapore’s (MAS) Enterprise and Markets Workstream, where […]
Mushroom Material secures over US$5m Seed round for fungi-based Styrofoam alternative
SINGAPORE, 8 AUGUST 2024 – Mushroom Material, a start-up replacing styrofoam with the world’s first pelletized fungi packaging, has secured over US$5 million (NZ$8.5 million) in Seed funding. Wavemaker Partners, one of Southeast Asia’s leading VC firms, and Singapore’s SEEDS Capital have led the investment along with Icehouse Ventures, K1W1, and Black Kite Capital. Founded in 2020 by […]
Lhoopa Secures US$80 Million in Equity and Debt to Reduce Affordable Housing Backlog in Southeast Asia
Investment to drive expansion and support strategic initiatives MANILA & SINGAPORE, 16 JULY 2024 – Lhoopa, the innovative proptech company revolutionizing affordable housing in emerging markets, today announced the successful completion of its US$80 million funding round. This is one of the biggest funding rounds by a startup in the Philippines to date, and one of the […]
Tiger New Energy’s Battery Swapping Technology Receives US$3.5M Push
The injection of funds will enable the Bangladeshi startup to empower more drivers through an expanded network of battery swapping stations. DHAKA, BANGLADESH, 25 JUNE 2024 /PRNewswire/ – In the bustling streets of Bangladesh, where millions rely on three-wheelers daily, Tiger New Energy (“Tiger”), a Bangladeshi clean energy startup, is setting a new standard in urban mobility with […]
Octayne secures US$525,000 pre-seed funding to revolutionise the bio-energy sector in Southeast Asia
SINGAPORE, 12 JUNE 2024 – Octayne, Southeast Asia’s (SEA) pioneering farm-waste to energy venture announces its first significant milestone in the journey to invigorate the green energy movement in the region. The company has successfully secured a pre-seed investment of US$525,000 from Wavemaker Impact (WMi) to accelerate its mission of tapping SEA’s vast agricultural sector for primary feedstock to […]
Concrete has a major carbon problem. Here’s Neocrete’s solution
Think about this: after water, concrete is the most widely used material in the world. It is everywhere–in roads, bridges, tunnels, buildings, and other infrastructure. All this modern development, however, presents a big problem. Producing cement, the key ingredient in concrete, releases harmful carbon dioxide, making up 8% of global carbon emissions. We can’t deny how […]
Rize Raises US$14M in Series A Funding to Boost Tech Platform for Sustainable Rice Farming
Making sustainable rice farming viable is essential for reducing greenhouse gas emissions, which account for more than 10% of global methane output. SINGAPORE, 9 MAY 2024 — Rize, a pioneering agritech platform dedicated to making sustainable rice cultivation viable through innovative and data-driven practices, today announces the closing of its US$14 million Series A funding round. […]
Gapai Secures $1 Million in Seed Funding to Empower Indonesian Migrant Workers
JAKARTA, 8 MAY 2024 – Gapai, a startup empowering Indonesian workers to pursue global careers, has secured US$1 million (IDR 16 billion) in seed funding to expand its international job placement services. Wavemaker Partners led the funding round with participation from returning investor Antler, both global VCs specialising in investing in early-stage startups in Southeast Asia. […]
MetroElectro secures AU$1.04M of pre-seed funding from Wavemaker Impact to develop mid-sized renewable power plants to fast-track energy transition
MELBOURNE, AUSTRALIA, 7 MAY 2024 – MetroElectro, an innovative climate tech startup founded by veteran digital business entrepreneur Lloyd Heinrich, has reached a significant milestone in its journey to speed up Australia’s transition to an energy grid powered by renewables. The startup has successfully secured a pre-seed investment of AU$1.03 million (US$690k) from Singapore-based climate tech venture builder […]