Firms
Third Wave Ventures
Beverly Hills, California, United States · Beijing, China
Third Wave Ventures is a venture investment firm founded in1996 and headquartered in Beverly Hills, California, with a published office in Beijing. It incubates seed-stage companies in foundational deep technologies, including semiconductors, photonics, clean energy and the Internet of Things. Its committed-capital approach provides sustained funding partnerships to entrepreneurs and brings in selected strategic investors in later rounds. Its own published portfolio names Innovent Systems, acquired by Broadcom; Neven Vision, acquired by Google; Ostendo; and Ingenu. Neven Vision supplies a historical computer-vision connection, while the current explicit firm thesis centers on hardware and deep technology. Babak Razi and Barak Bussel are confirmed firm principals; UCLA also identifies Bussel as a managing partner. Public sources reviewed do not disclose completed firm fund closes or check-size ranges. The firm is distinct from robotics company Third Wave Automation, from other firms using Third Wave in their names, and from separately managed affiliated investment vehicles.
- Founded
- 1996
- Type
- Venture capital
Funds0
No funds on record yet.
Team
Operations and support
 Babak RaziPrincipal |
 Barak BusselManaging Partner |
Co-investing
Merkava Holdings
Ostendo Technologies$— · Unknown date
Investments
| $—Unknown date | Ostendo Technologies | Merkava Holdings, Third Wave Ventures |