Creating Impact with WAVE Equity Partners

Investment strategy

Industry needs transformation, not disruption

Unlike Software, Industry has large supply chains, physical assets and legacy know-how that need to be brought along in order to address our current and future challenges. Think food, energy, water, and waste management — we need incumbent industries to successfully adopt new technologies, new business models, and new efficient methods. However, scale needs both efficacy and economics.

Industry incumbents, supply chains and engineers need transformation, not disruption.

Global Average Temperature
Source: The Guardian

Software alone
is not going to
move the needle

We need to reinvent every process, every product, every chemical, and every molecule that we use in order to meet the challenge in front of us. This can only mean that we have to address the full stack of innovation; hardware, software, and services. New innovations to combat our environmental challenges have to be more affordable and more effective.

Planet-scale
problems need
global solutions

Climate is an inherently planet-scale problem. We need planet-scale solutions, and these have to be relevant in New Delhi and New York, while potentially originating in Berlin or Bergen.

A new type of
capital: neither
VC nor PE

We are growth equity partners. Without dispassionate backing of the right economics (incentive-free, competitive with incumbent technologies) we cannot create sustainable, profitable scalable companies of the future. Our investing has aspects of both VC and PE. WAVE’s unique investment strategy is focused on realizing the decarbonized future we are all driving towards.

Our Portfolio Companies Deliver True ESG Impact

We believe that which is not profitable is not sustainable. An investment is only profitable and sustainable if it generates a strong ESG impact while setting new standards in cost efficiency.

Our portfolio companies’ solutions aim to enhance both industrial efficiency and resource productivity to improve existing processes or products while still being accessible to all.

Portfolio companies aspire to deliver multi-dimensional impact
in key areas:

Conserving energy, water and other natural resources

Creating new job opportunities in rural communities with low to moderate incomes

Reducing pollution and waste while promoting the recycling of natural resources

Providing advocacy for women and minorities

Promoting ESG dialog and ethics through community, school, industry and civic engagements

Million Tons of
CO2 Mitigation

Million Therms of
Energy Saved

Billion Liters of
Water Treated

*Impact performance metrics shown above are as reported over 12 months of active portfolio company operations in 2022. Data was collected by WAVE via survey/interviews which have been vetted for accuracy and reasonableness as of March 2023. The data has not been independently verified by a third party.