Next Wave/Portfolia Angel Fund

Next Wave/Portfolia Angel Fund

Next Wave/Portfolia Angel Fund was created to channel family-office capital into angel-stage deals that might otherwise be inaccessible to individual investors. The firm runs rolling funds with a thesis-driven approach: each cohort focuses on a single sector, such as women's health or sustainability tech. Strategically, the firm invests across verticals like digital health, climate tech, and enterprise software, with ticket sizes typically in the low hundreds of thousands (per public filings). The firm's deal sourcing relies on a network of GPs who screen and diligence startups. Portfolio companies are private and not regularly disclosed. No AUM figure or professional headcount is publicly available, and the firm does not list a LinkedIn page. The fund's operations appear to be lean, with a small central team coordinating sector-specific SPVs. No recent activity—such as a closed fund or announced investment—is traceable in public sources. The firm's structural differentiator is its hybrid model: it acts as a fund-of-funds for angel deals while offering family offices direct exposure to specific startups. This bridges the gap between passive fund commitments and active deal-by-deal selection, though the firm's small footprint limits its institutional relevance.