Wavemaker Impact
Wavemaker Impact (rebranded 100x100) is a Singapore-based climate venture-building firm that co-founds decarbonization startups from inception with experienced founders across Southeast Asia and India, deploying Fund I ($60M, 2023) and Fund II ($100M target, 2026).
- Company typePrivate
- Founded2018
- HeadquartersSingapore, Singapore
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Wavemaker Impact does
Wavemaker Impact is a Singapore-based climate-focused venture-building firm that co-creates companies from inception alongside experienced founders, rather than investing in existing startups. Originally established in 2018 as the climate fund of Wavemaker Pacific Partners, the firm targets decarbonization opportunities in Southeast Asia and India through a hands-on "venture-build" methodology. As of October 2025, the firm announced a spin-off from Wavemaker Pacific Partners and a rebrand to 100x100, launching an independent climate investment platform.
The firm operates two dedicated funds. Fund I reached its US$60 million hard cap in 2023, backed by development finance institutions (DFC, EDB, BII, Triple Jump) and corporate investors (Kajima, Qarlbo Energy, JG Digital Equity Ventures, Beacon Ventures). Fund II, launched in 2026, targets US$100 million to establish 50 new climate-focused businesses across Southeast Asia and India. The stated portfolio ambition is for each company to mitigate 100 million tonnes of CO2e and generate US$100 million in annual revenue. The firm has co-created 27 startups across India, Southeast Asia, and Australia, and reports that Fund I portfolio companies have raised over US$28 million from 16 external investors while achieving nearly twice the median VC survival rate. Active portfolio companies include Rize (rice cultivation decarbonization, with Breakthrough Energy Ventures, Temasek, and GenZero), Helios (solar mortgages in the Philippines with BPI and Security Bank), HiFeed (cattle farming methane reduction in Indonesia), MetroElectro (commercial solar in Australia), 10Ants Enterprise (urban eco-hubs in Thailand), Virdalis (biotech in Singapore), and Muun AI (industrial intelligence).
The business model is fund management — revenue derives from management fees on committed capital and potential carried interest on exits, rather than product sales. Go-to-market is two-sided: sourcing founders in the climate-tech pipeline (deal flow through industry events, ecosystem networks, and the broader Wavemaker Partners platform) and raising capital from development finance institutions, sovereign wealth, and corporate strategics. Distribution leverages the Wavemaker group brand, which has 140+ portfolio companies and over US$420 million in total AUM across its enterprise, deep tech, and sustainability strategies.
Wavemaker Impact firmographics
Firmographics- Name
- Wavemaker Impact
- Legal name
- Wavemaker Partners
- Website
- https://wavemakerimpact.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Wavemaker Impact (rebranded 100x100) is a Singapore-based climate venture-building firm that co-founds decarbonization startups from inception with experienced founders across Southeast Asia and India, deploying Fund I ($60M, 2023) and Fund II ($100M target, 2026).
- Ownership category
- akta.pro rank
Wavemaker Impact industry classification
Industry- Product category
- Climate Venture Capital
- NAICS
- Funds, Trusts, and Other Financial Vehicles (525), Management Consulting Services (54161)
- SIC
- Services-Management Consulting Services (8742)
- akta.pro primary industry
- Impact / ESG Venture Capital (FSANAAAG)
- akta.pro secondary industries
- Renewable Energy & Energy Transition Funds (FSANAJAB), Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure) (FSAAALAG), Climate Finance Strategy (CapEx planning, green finance, incentives & grants) (EUABAKAG)
Keywords
Where Wavemaker Impact is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices1 record
Markets served
Wavemaker Impact business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Venture Capital Fund Management: Wavemaker Impact operates as a climate venture-building fund that generates returns through equity ownership in co-founded startups. The fund targets climate-focused businesses in Southeast Asia and India with the goal of reducing 100 million tonnes of CO2e and generating $100 million in annual revenue.
Go-to-market motion2 records
Distribution channels1 record
Marketing channels4 records
Wavemaker Impact product offering
Product offeringCore offering
Wavemaker Impact is a climate-focused venture-building fund that partners with proven entrepreneurs to co-found startups from inception, addressing emissions and decarbonization challenges across Southeast Asia and India. The firm operates two funds (Fund I closed at $60M in 2023; Fund II targeting $100M launched in 2026) and has co-created 27 startups, with each portfolio company targeting reduction of 100 million tonnes of CO2e and $100 million in annual revenue.
Product overview
Wavemaker Impact (now rebranded as 100×100) operates as a climatetech venture-building fund that partners with experienced founders to create climate-focused companies from inception. The offering consists of a venture-building platform that identifies urgent emissions challenges and co-founds startups to address them, supported by Fund I ($60M, 2023) and Fund II ($100M target, 2026). The model has already co-created 27 startups across India, Southeast Asia, and Australia, with the portfolio raising over $28 million from 16 external investors.
Differentiator
Problem solved
Functional benefit
Products and services
- 100x100 Climate Venture-Building Platform
- Fund I
- Fund II
Quantifiable outcome
- Nearly twice the median VC survival rate achieved by Fund I portfolio
- +3 more outcomes
Companies that use Wavemaker Impact
Customer profileNamed customers5 records
Segments2 records
Ideal customer profiles2 records
Wavemaker Impact technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Wavemaker Impact partnerships and signals
Strategic signalScale indicators7 records
Recent moves2 records
Expansion highlights4 records
Wavemaker Impact competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Wavemaker Impact social profiles
Digital presenceWavemaker Impact financial estimates
Financial estimateRevenue estimate
Valuation estimate
Wavemaker Impact leadership team
Management profileNumber of profiles
Profiles4 records
Wavemaker Impact funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Wavemaker Impact M&A and investment
M&A and investmentM&A
Investments21 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Wavemaker Impact
What does Wavemaker Impact do?
Wavemaker Impact is a climate-focused venture-building fund that partners with proven entrepreneurs to co-found startups from inception, addressing emissions and decarbonization challenges across Southeast Asia and India. The firm operates two funds (Fund I closed at $60M in 2023; Fund II targeting $100M launched in 2026) and has co-created 27 startups, with each portfolio company targeting reduction of 100 million tonnes of CO2e and $100 million in annual revenue.
Is Wavemaker Impact a public or private company?
Wavemaker Impact is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Wavemaker Impact founded?
Wavemaker Impact was founded in 2018. It employs 11 to 50 people.
Where is Wavemaker Impact based?
Wavemaker Impact is headquartered in Singapore, Singapore, in the Asia region.
How does Wavemaker Impact make money?
One revenue line is on record: venture Capital Fund Management.
Does Wavemaker Impact have an API?
No public API is recorded for Wavemaker Impact.
What industry is Wavemaker Impact in?
Wavemaker Impact's product category is Climate Venture Capital. Its primary akta.pro industry code is FSANAAAG, Impact / ESG Venture Capital, with a secondary code of FSANAJAB, Renewable Energy & Energy Transition Funds. Its NAICS code is 525 and its SIC code is 8742.