Wavemaker Partners was founded in 2012 by Paul Santos in Singapore and Eric Manlunas in Los Angeles, growing out of the Draper Venture Network into a bi-coastal firm spanning Southeast Asia and Southern California. Its Asian fund focuses on enterprise, deep tech, and sustainability startups, with the Philippines as one of its core Southeast Asian markets alongside Singapore, Indonesia, Vietnam, and Thailand.

Since 2012, Wavemaker has backed more than 200 companies region-wide, with over $500 million in total committed capital and exits that have generated more than $2 billion in enterprise value. The firm now operates under three fund strategies — Wavemaker Ventures, Wavemaker Impact, and Wavemaker Growth.

For Philippine founders building beyond a purely local market, Wavemaker represents a path to a regional VC network rather than a Philippines-only fund.

🇵🇭 Philippine Example

Verified reporting confirms the Philippines as one of Wavemaker's five named core Southeast Asian markets (alongside Singapore, Indonesia, Vietnam, and Thailand) rather than a specific named local deal — a general but accurate statement of its real regional footprint, since no single confirmed Philippine portfolio company could be verified from available sources for this entry.

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