WAVE invests in Clean Energy, Food, Water, and Materials companies with proven transformational technologies that are at their inflection points of growth. We have a preference for those companies that demonstrate strong growth potential and impact in several markets.
WAVE seeks rapidly growing companies in the areas of Clean Energy (except for the commodity), Water, Food and Specialty Materials (usually where those materials’ benefits apply to the other areas.) The Fund does not invest in projects. Instead, it invests in companies with the following attributes:
At least one happy customer and several more engaged
Substantial competitive advantage and protectable IP
Attractive gross margins and straightforward path to scale
Cash flows are positive, or no more than nominally and temporarily negative