# Wavemaker Impact

Wavemaker Impact is a Venture Capital based in Singapore, Singapore.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Singapore, Singapore
- **Region:** Asia
- **Address:** Singapore
- **Founded:** 2021
- **Assets under management:** Undisclosed
- **Website:** www.wavemakerimpact.com
- **LinkedIn:** https://www.linkedin.com/company/wavemakerimpact

## Regulatory record

- **Reports private funds:** No

## About

Wavemaker Partners is Southeast Asia's leading venture capital firm investing in Enterprise, Deep Tech, and Sustainability startups.

## Sectors

- ClimateTech
- AgriTech & FoodTech
- Energy Transition & Renewables
- Mobility & Transportation

## People

- Quinnie Tan — Partner
- Marie Cheong — Partner
- Steve Melhuish — Partner
- Paul Santos — Chairman

## Questions

### How does Wavemaker Impact source its deals?

The firm does not source deals in a traditional venture sense. Wavemaker Impact runs an internal 'venture builder' or 'foundry' process where the team systematically identifies large carbon-abatement opportunities in Southeast Asia, designs the business model, and then recruits a CEO to run the newly formed company. This pre-ideation and validation work happens inside the firm before any external company exists.

### What is the relationship between Wavemaker Impact and Wavemaker Partners?

Wavemaker Impact operates as a separate climate-focused venture builder within the broader Wavemaker Partners group but shares a common genesis and institutional infrastructure. Wavemaker Partners manages multiple early-stage and deep-tech funds across Southeast Asia and serves as a pipeline for talent and follow-on capital for Wavemaker Impact's portfolio companies.

### Which sectors does Wavemaker Impact target?

The firm targets the largest sources of greenhouse gas emissions in Southeast Asia, including agriculture and land-use change, built environment and mobility, and energy. Example ventures include WasteX in agricultural biochar and Rize in rice-farming methane abatement.

### Who runs investment decisions at Wavemaker Impact?

Investment and venture-creation decisions are led by the partnership group, which includes Marie Cheong, Quinnie Tan, and Steve Melhuish. Paul Santos, the founder of Wavemaker Partners, serves as Chairman, providing strategic oversight and linking the vehicle to the broader Wavemaker ecosystem.

### Is Wavemaker Impact a fund or an operating company?

Wavemaker Impact is structured as a venture investment firm that raises external capital but operates more like a company-building platform than a standard blind-pool VC fund. The firm's core activity is venture creation, with a dedicated team of entrepreneurs-in-residence and business designers on payroll.

### What is Wavemaker Impact's stated emissions abatement goal?

The firm has publicly stated a target to reduce global carbon emissions by 10% through the companies it builds over the coming decade, a goal that frames its focus on the highest-emitting industrial and agricultural sectors in Asia-Pacific.

## Related profiles

- [Wavemaker Genesis Partners](https://altss.com/profile/wavemaker-genesis-partners)
- [Wavemaker Partners](https://altss.com/profile/wavemaker-partners)

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Last updated: 2026-06-03T20:00:00.000Z

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