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The Venture Codex

Wave Ventures

Tehtaankatu 27-29A 7020, Helsinki, 00150, Finland

Overview

Student-run venture capital investing in Gen Z entrepreneurs.

Deals · 12mo

9

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed

Geographic focus

Finland
Sweden
United States

Sector focus

—

Investment portfolio

22rounds
NAMEDATESIZE
Fluencify
Sep 2026Participated
$4 MSeed
Solace Care
Aug 2026Participated
$2 MSeed
Sono
Jun 2026Participated
$1 MSeed
CRACI
May 2026Participated
$2 MSeed
Calori
May 2026Led
$1 MSeed
Arkyv
Apr 2026Participated
$0.82 MSeed
Newly
Mar 2026Participated
$2 MOther Equity
Elva
Mar 2026Participated
$2 MSeed
Willo Technologies
Feb 2026Participated
$3 MSeed
Hedda
Sep 2025Participated
$2 MSeed
Spark Biomedical
Apr 2025Led
$15 MSeries A
Bahn Express
Feb 2025Participated
$1 MSeed
Fluencify
Sep 2026Participated
$4 MSeed
Solace Care
Aug 2026Participated
$2 MSeed
Sono
Jun 2026Participated
$1 MSeed
CRACI
May 2026Participated
$2 MSeed
Calori
May 2026Led
$1 MSeed
Arkyv
Apr 2026Participated
$0.82 MSeed
Newly
Mar 2026Participated
$2 MOther Equity
Elva
Mar 2026Participated
$2 MSeed
Willo Technologies
Feb 2026Participated
$3 MSeed
Hedda
Sep 2025Participated
$2 MSeed
Spark Biomedical
Apr 2025Led
$15 MSeries A
Bahn Express
Feb 2025Participated
$1 MSeed
22
Items
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Insights

Time horizon

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Deal Distribution

Wave Ventures: 22 funding rounds are recorded in the selected participation categories.All available history.
Wave Ventures: 22 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed115
Series A11
Other Equity04

Monthly Deal Activity

Wave Ventures: 22 deals are recorded across 105 months.All available history.
Wave Ventures: 22 deals are recorded across 105 months. All available history
MonthDeals
Feb '181
Mar '180
Apr '181
May '180
Jun '180
Jul '180
Aug '180
Sep '180
Oct '180
Nov '180
Dec '180
Jan '190
Feb '190
Mar '190
Apr '191
May '190
Jun '190
Jul '190
Aug '190
Sep '191
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '200
Oct '200
Nov '200
Dec '202
Jan '210
Feb '210
Mar '210
Apr '210
May '210
Jun '211
Jul '210
Aug '210
Sep '210
Oct '210
Nov '210
Dec '210
Jan '220
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '231
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '241
Nov '240
Dec '240
Jan '251
Feb '251
Mar '250
Apr '251
May '250
Jun '250
Jul '250
Aug '250
Sep '251
Oct '250
Nov '250
Dec '250
Jan '260
Feb '261
Mar '262
Apr '261
May '262
Jun '261
Jul '260
Aug '261
Sep '261
Oct '260

Sector Breakdown

Wave Ventures: Marketing & Advertising is the largest displayed sector by deal count (5 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Wave Ventures: Marketing & Advertising is the largest displayed sector by deal count (5 deals). All available history
SectorDeals
Marketing & Advertising5
Enterprise Software4
Networks, Cloud & Communication4
Health & Life Sciences4
Food & Agriculture4
Transportation & Logistics3
AI & Machine Learning3
E-Commerce & Retail2
Clean Energy & Sustainability2
Real Estate & Construction2
Developer Tools2
Consumer & Lifestyle1
Hardware & Robotics1
Fintech1
Media & Entertainment1
Professional Services1

Deal Size Distribution

Wave Ventures: 22 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Wave Ventures: 22 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M20
$5M-$10M0
$10M-$25M2
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Wave Ventures: Europe has the largest recorded deal count among the displayed regions (17 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

Wave Ventures: Europe has the largest recorded deal count among the displayed regions (17 deals). All available history
RegionDeals
Europe17
United States4
Canada1
Wave Ventures: 20 co-investors are shown, with Lifeline Ventures sharing 5 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Wave Ventures: 20 co-investors are shown, with Lifeline Ventures sharing 5 recorded deals. All available history
Co-investorShared deals
Lifeline Ventures5
byFounders3
Karaoke Club3
Tiny VC3
Antler2
First Fellow Partners2
Katapult Ocean2
PlusCap2
PreSeed Ventures2
ProVeg International2
Trind Ventures2
Veg Capital2
Angels Band1
APX1
Bragiel Brothers1
Business Finland1
Failup Ventures1
First Trust Capital Partners1
Food Angels1
Foundry Ventures1

Investment Strategy

Wave Ventures: Led accounts for 9% and participating for 91% of round participation.All available history.
Wave Ventures: Led accounts for 9% and participating for 91% of round participation. All available history
CategoryDeals (count)Share (%)
Led29%
Participating2091%
Wave Ventures: Single-lead accounts for 100% and co-led for 0% of lead dynamics.All available history.
Wave Ventures: Single-lead accounts for 100% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead2100%
Co-led00%

Team

Amy Nguyen

Investment Manager

Erik Kymäläinen

CEO

Johannes Korpela
Margarethe Böhme
Max Larsson