Wave II Overview
Wave II General Information
Description
Wave II is an early-stage venture capital fund managed by Wave Ventures. The fund is located in Helsinki, Finland. The fund invests in 20 to 25 companies.
Contact Information
Fund Manager's Location
- Maria 0-1, Lapinlahdenkatu 16
- Helsinki
- Finland
Wave II Investments (17)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Company Stage | Lead Partner |
|---|---|---|---|---|---|---|
| Calectra | 01-Feb-2024 | Energy Storage | Generating Revenue | |||
| VectorView | 01-Feb-2024 | Business/Productivity Software | Generating Revenue | |||
| Opeton | 15-Nov-2023 | Educational and Training Services (B2C) | Generating Revenue | |||
| Briif | 01-Aug-2023 | Application Software | Startup | |||
| Cledja Curated | 01-Aug-2023 | Information Services (B2C) | Startup | |||
| Ambio (Distributors/Wholesale) | 01-Jun-2023 | Distributors/Wholesale | Startup | |||
| Intergrid | 06-May-2023 | Other Equipment | Generating Revenue | |||
| Komu Homes | 13-Mar-2023 | Business/Productivity Software | Generating Revenue | |||
| Solu | 01-Jan-2023 | Seed Round | Discovery Tools (Healthcare) | Generating Revenue | ||
| Acra (Media and Information Services (B2B)) | 01-Jan-2023 | Early Stage VC | Media and Information Services (B2B) | Startup |
Wave II Investment Strategy
Investments by Industry
Investments by Deal Type
Wave II Limited Partners (5)
| Limited Partner Name | Type | Status | Commitment | Date | Commitment Type |
|---|---|---|---|---|---|
| Ilkka Paananen | Current | 21-Nov-2022 | Original | ||
| Kristo Ovaska | Current | 21-Nov-2022 | Original | ||
| Miki Kuusi | Current | 21-Nov-2022 | Original | ||
| Robert A. Immerman Family Foundation | Current | 21-Nov-2022 | Original | ||
| Unbound Philanthropy | Foundation | Current | 21-Nov-2022 | Original |
Wave II Team (1)
| Name | Title | Deals | Funds | Boards | Office |
|---|---|---|---|---|---|
| Erik Kymäläinen | Chief Executive Officer | Helsinki, Finland |
Wave II Returns Data
The below charts are illustrative of the type of graphical data available to our clients and do not represent live data.
IRR (%)
DPI (x)
RVPI (x)
TVPI (x)
Wave II Returns History
| Period | Contribution (by all LPs) | Dry Powder | Distribution (to all LPs) | NAV | Total Fund Distr+NAV | IRR | DPI | RVPI | TVPI | Dry Powder % |
|---|
Wave II Benchmark (73)
| Fund Name | Fund Type | Vintage | IRR | Quartile | As of Date |
|---|---|---|---|---|---|
| Middlegame Ventures Seed Fund I | |||||
| Magnify Ventures Fund | |||||
| Crane II | |||||
| Connect Ventures Fund IV | |||||
| BeKind Tech Fund | |||||
| Galion.exe Fund | |||||
| Founders Future Expansion | |||||
| Zenith VC Fund II | |||||
| HSBC Climate Tech Venture Capital Fund | |||||
| Hoxton Ventures III |
Wave II FAQs
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What is Wave II?
Wave II is an early-stage venture capital fund managed by Wave Ventures.
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Who manages Wave II?
Wave II is managed by Wave Ventures.
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Where is Wave II domiciled?
Wave II is domiciled in Finland.
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What is Wave II's size?
Wave II has a size of .
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What type of fund is Wave II?
The fund type of Wave II is Venture.
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What is the status of Wave II?
Wave II is closed.
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What has Wave II invested in?
Wave II has made numerous investments in companies like Calectra, VectorView, and Opeton within the Energy Storage, Business/Productivity Software, and Educational and Training Services (B2C) industries.
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What has Wave II invested in recently?
Wave II's latest investment was on 01-Feb-2024 in Calectra, a company within the Energy Storage industry.
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