Singapore-based Wavemaker Impact nearing final close of debut fund

Founding partner says builder of climate tech ventures may exceed target

20230508 wavemaker impact

Wavemaker Impact is focused on building companies that have the potential to reach $100 million in recurring revenue and also reduce carbon dioxide emissions by 100 million tonnes annually. (Source photo by Reuters and logo from YouTube)

AASTHA MAHESHWARI, DealStreetAsia

JAKARTA -- Singapore-based Wavemaker Impact, a fund of Wavemaker Partners designed to help build climate technology ventures, is nearing the final close of its first vehicle, the firm's founding partner, Marie Cheong, told DealStreetAsia.

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