Wave

Profile

Wave is a venture capital firm based in Helsinki, Finland, run entirely by investors under 25. Founded as a student investment club at Aalto University in 2016, the firm has a youthful and dynamic team led by Johannes Korpela. The team has a strong belief in the power of impact investing, focusing on sectors such as ClimateTech and AI. What sets Wave apart is their focus on the next generation of founders, offering unique support to young entrepreneurs through initiatives like the rotation-based analyst program and the Wave Rebellion Grant.

Wave invests in early-stage startups with a focus on sectors including ClimateTech, AI, and impact-oriented businesses. They typically invest in Seed to Series A rounds, with check sizes ranging from $1-5 million. The firm is supported by an array of noteworthy LPs, including tech founders from companies like Spotify and Wolt, as well as European venture capital firms and family offices.

Wave has made over 50 investments since its inception, with notable portfolio companies such as Lavoit, which optimizes operations for electrochemical and hydrogen plants, and Clair, an AI-focused retail demand forecasting platform. Other highlighted investments include Paebbl, which transforms CO2 into carbon-storing materials, and Intergrid, focused on industrial heat electrification.