British International Investment

Wavemaker Impact Sub-Fund 1

AustraliaIndonesiaPhilippinesSingaporeVietnamRest of the WorldBusiness and consumer servicesFinancial servicesFood and agricultureInfrastructureManufacturing

Wavemaker Impact is the first VC climatech venture builder in Southeast Asia, building ‘100×100’ companies that have the potential to reach more than USD 100 million in annual recurring revenue and abate more than 100 megatonnes of GHG emissions at scale.

Investments made by BII into this fund:

Investment name Commitment Region Sector Start date Status
Investment 01 $6m Business and consumer services, Financial services, Food and agriculture, Infrastructure, Manufacturing November 2023 Active

Investments made by this fund into companies:

Investment name Country Region Sector Start date Status
BumiBaru Pte. Ltd. Indonesia, Vietnam Rest of the World Business and consumer services December 2023 Active
GBN Food Solutions Pte Ltd Indonesia Rest of the World Business and consumer services March 2024 Active
Helios Solar Pte. Ltd. Philippines Rest of the World Infrastructure December 2023 Active
HiFeed Indonesia Rest of the World Food and agriculture September 2024 Active
Metroelectro Pty Ltd Australia Rest of the World Infrastructure March 2024 Active
Numat Pte. Ltd. Philippines Rest of the World Manufacturing September 2024 Active
Octayne Green Fuel Pte Ltd Indonesia Rest of the World Infrastructure March 2024 Active
Refy Pte Ltd Singapore Rest of the World Financial services March 2024 Active
RegenX Impact Pte. Ltd. Indonesia, Vietnam Rest of the World Financial services December 2023 Active
Rize Pte. Ltd. Indonesia, Vietnam Rest of the World Food and agriculture December 2023 Active
WasteX Pte. Ltd. Philippines Rest of the World Business and consumer services December 2023 Active

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