VentureWave Capital
5th/6th Floor, The Malting Tower, Grand Canal Quay, Dublin, Dublin 2, D02 HW27, Ireland
Overview
VentureWave Capital is an actively managed venture private equity organization that invests in and creates outstanding companies with the goal of maximizing financial potential by utilizing proven tools and methodologies to assist great entrepreneurs in scaling and growing their businesses.
- Total investments
- 7
- Lead investments
- 6
- Investments · 12mo
- 0
- Active investors
- 2
Investment portfolio
- viAct
Led · Series A · May 2025
viAct offers an AI-powered impact monitoring platform that provides real-time risk detection, predictive analytics and automated interventions for industrial projects. The platform serves over 200 contractors globally and supports sectors including construction, oil and gas, and logistics. viAct says its solution helps prevent incidents while improving project timelines, operational efficiency and profitability. The company is led by CEO Gary Ng and COO Hugo Cheuk. viAct plans to use new funding to advance its AI capabilities, expand globally and grow its team. viAct offers an AI-based cloud platform that combines computer vision, edge devices and a mobile app to provide around-the-clock monitoring of construction sites. Its platform detects potential safety hazards, construction progress, and the location of machinery and materials, and sends real-time alerts to a mobile app designed for on-site engineers. The company serves more than 30 construction industry clients across Asia and Europe. viAct was founded in 2016 and is headquartered in Hong Kong. The startup plans to use new funding to support research and development, product development, and geographic expansion into Southeast Asian markets including Indonesia, Vietnam and Singapore.
- Xocean
Led · Series B · Jun 2024
Xocean builds and operates remotely controlled uncrewed surface vessels (USVs) equipped with sensors that capture high-resolution depth, seafloor topography, subsurface sediment layers, and geological-structure data. The USVs can remain offshore for long periods and use satellites for control and data transmission back to shore. Xocean serves energy and hydrography customers including BP, Shell, and various government agencies. Founded in 2017, the company says its mission is to deliver data that supports sustainable ocean development in a safe, low-impact, and cost-effective way. With the new funding it plans to expand its geographic presence and address additional offshore segments such as wind energy, asset integrity assurance, carbon capture, usage and storage (CCUS), and civil hydrography. The company has raised around $189 million since inception. Xocean operates a fleet of uncrewed surface vessels that remain offshore for extended periods to collect large volumes of ocean data. Operators and data analysts remain onshore, connected to the vessels via satellite link, enabling safer, lower-cost and ultra-low-impact data delivery. The company provides services including environmental monitoring and seabed surveys and has delivered data to many of the world’s largest renewable energy companies. Xocean operates in 22 jurisdictions, has harvested over 4 million gigabytes of data and supported the development of 43 GW of new offshore wind capacity. The company says the recent funding will accelerate international growth and drive further technical innovation. Xocean was founded in 2017 and is based in Louth.
- iSchool
Led · Equity · Jan 2024
iSchool is an Egyptian ed-tech startup that offers live, gamified coding classes to students in grades 6–18. Its curriculum covers AI, VR, app, game, and web development and is delivered through a gamified online classroom app and technical training and computer science labs. Founded in 2018, iSchool works with 35 schools and has managed national-level initiatives in Egypt, Saudi Arabia, and the United Arab Emirates. Operating metrics include over 26,000 live learners, more than one million training hours delivered, and over 10 million lines of code written by students. The company plans international expansion into six additional MENA countries, to strengthen its presence in Ireland, and to scale into Sub-Saharan Africa. It also intends to hire more staff in Dublin and invest in technological scaling for its platform to support global growth.
- Funderbeam
Led · Equity · May 2023
Funderbeam is a Tallinn, Estonia–based platform that provides infrastructure for investor networks, accelerators and venture investors to manage syndicated investments, post-investment flows and cross-border secondary transactions. The company holds investment firm licences in the UK, Estonia (covering the EEA) and Singapore and was designated a Recognised Market Operator by MAS in September 2019, enabling it to offer a fully regulated exchange service worldwide. Led by founder and CEO Kaidi Ruusalepp, Funderbeam’s core product focuses on solving liquidity frictions in angel and venture markets. After the announced transaction with VentureWave, the company will expand to serve institutional clients including VC funds, family offices, brokers and investment banks. The platform combines trading and investment management features to facilitate secondary transactions across borders. No operating metrics were disclosed in the article. Funderbeam operates a secondary marketplace that enables trading of private-company shares to provide liquidity for accelerators, angel investors, and early employees. The platform pairs digital infrastructure with a legal framework and licensing to support global trading. Founded in 2013 by Kaidi Ruusalepp and Urmas Peiker, the company is building out product, compliance, and business departments to scale internationally. At the end of March Funderbeam closed a Tim Draper‑led $4 million financing round to drive platform development. As part of its growth strategy it is bringing institutional partners on board to accelerate deal flow and market reach. A recent partnership with Tallinn‑based B2B accelerator Startup Wise Guys is intended to funnel a large set of early-stage companies onto Funderbeam’s marketplace. Funderbeam operates an information and secondary trading marketplace that provides access and liquidity to growth-stage investments. The platform uses blockchain technology to power its ledger and applies a curated model where founders choose who can invest, supported by due diligence and lead-investor ambassadors. To date it has listed 37 high-growth portfolio companies, onboarded more than 10,000 verified investors across 119 countries, and seen $2.2 million of shares exchange hands on its secondary marketplace. Funderbeam recently launched in Scandinavia and the U.K. and has an office in Singapore as it targets further expansion into Asia and continental Europe. The company says it will use the Series A proceeds to develop a stronger secondary market offering and support growth in key markets starting from Singapore. Co-founder Urmas Peiker will leave to focus on capital markets in developing markets; Kaidi Ruusalepp is identified as the company's founder. Funderbeam is a Tallinn, Estonia–based stock exchange for startups that uses blockchain to tokenize investments. Founded in 2013 by Kaidi Ruusalepp and Urmas Peiker, it lets anyone invest and trade in growth companies worldwide. Each investment is tokenized, with tokens representing an owner’s rights in an investment syndicate, allowing companies to raise rounds privately or publicly while adding only one investor to their cap table. The platform has raised over €5m via its own platform and has secured $7.3M in funding to date from a global network of investors in nearly 100 countries. Notable backers named in reporting include Jaan Tallinn, Tim Draper and Taizo Son. Funderbeam works with early-stage companies worldwide to help them access growth capital and provide immediate liquidity to investors. Funderbeam is building a blockchain-based funding and trading engine aimed at creating a stock-exchange-like market for startups. The platform combines a research tool (launched in 2013) with an investment platform that enables primary funding and nascent secondary trading of private-company stakes. Its trading feature lets shareholders sell stakes either originally funded via the platform or those they have permission to trade, with an emphasis on cross-border liquidity and transparency. Kaidi Ruusalepp, formerly CEO of the Nasdaq Tallinn exchange, leads the company and frames blockchain as a transparency and trust layer for securities trading. To advance the vision, Funderbeam has secured external capital and backing from strategic and notable investors. Financially, the company has just raised $2.6 million in further funding to develop its platform and trading capabilities.
- Medihive
Participated · Equity · Feb 2023
Medihive provides sophisticated software and clinical solutions to healthcare providers, pharmacies, insurers and consumers via its Webdoctor.ie platform, combining digital and clinical expertise to deliver virtual care. The company focuses on removing friction from patient care journeys and scaling virtual diagnostics and care pathways. Medihive has an existing commercial partnership history with ResMed dating back to 2019. The business employs 130 people and plans to add a further 42 employees over the next two years. Proceeds from the recent investment are earmarked to increase international growth, drive R&D investment and accelerate healthcare software development. The company is headquartered in Dublin, Ireland and is positioned to expand its telehealth services internationally.