Firms

Wavemaker Impact

Wavemaker Impact

wavemakerimpact.com

Wavemaker Impact is a climate venture building platform established within Wavemaker Partners in 2021. It creates and finances companies with experienced founders, focusing on commercially scalable ways to reduce emissions in Southeast Asia, including agriculture, waste, renewable energy, transport and industrial infrastructure. Its venture teams identify opportunities, recruit founders, validate business models and help develop companies from formation into growth. Its debut fund reached a USD60 million final close on December 5, 2023. In October 2025 its core team announced a planned spinout into independent manager 100×100 Group, subject to regulatory approvals.

Founded
2021
Type
Venture capital

Funds1

  • Wavemaker Impact Sub-Fund 1—

    Debut climate venture building fund announced its final close on December 5, 2023 with a rounded USD60 million headline and hard-cap figure. Legal vehicle: Wavemaker Impact VCC (UEN T21VC0181C), Sub-Fund 1 (T21VC0181C-SF001). Rounded announcement is preserved here; no exact closed amount inferred. Subsequent portfolio reporting is the same vehicle, not a second fundraising event.

Team

Operations and support

Doug ParkerFounding Partner
Marie CheongFounding Partner
Paul SantosPaul SantosFounding Partner
Quentin VaquetteFounding Partner
Steve MelhuishFounding Partner

Co-investing

Breakthrough Energy Ventures
  • Rize$14M · 2024-05-09
First Move
Gaia Impact

Investments