Vebu Labs

Wavemaker Partners is an early-stage venture capital firm founded in 2003 dual-headquartered in Los Angeles and Singapore. We have over $265M in assets under management, have invested in over 300 portfolio companies, and have consistently delivered top quartile returns to our investors. Wavemaker is the regional partner for Southern California and Southeast Asia of the Draper Venture Network (DVN), the world's leading VC collective comprising of 10 firms across 5 continents.

Joel Ang

Principal, Investment

Mac Hong

Principal, Finance

Mikal Hussain

Associate

Andy Hwang

General Partner

Mikal Khoso

Investor

Gavin Lee

General Partner

Michael Mizrahi

Principal

Doug Parker

Venture Partner

John-Marshall Stubbs

Associate

Ajay Taunk

Senior Investment Associate

Phuong Tran

Principal, Investment

Past deals in Internet of Things

Groundup.AI

Series A in 2025
Groundup.AI is a technology company that specializes in developing proprietary Internet of Things (IoT) sound sensors and an artificial intelligence platform aimed at enhancing industrial operations. Its primary focus is on condition-based monitoring and predictive maintenance, utilizing advanced sound data analysis to identify anomalies that may indicate potential machine faults. By enabling early detection of issues, Groundup.AI helps industrial companies reduce unplanned downtime and minimize maintenance costs. The company's solutions are aligned with the principles of Industry 4.0, integrating machine learning and computer vision to improve safety monitoring and operational efficiency.

uHoo

Venture Round in 2025
uHoo Limited is a company based in Shatin, Hong Kong, that specializes in indoor air quality sensors. Established in 2014, uHoo provides a monitoring device that measures nine key air quality parameters, including temperature, humidity, carbon dioxide levels, and airborne chemicals. This technology empowers users to understand how their indoor environment affects their health by delivering personalized alerts and insights. Through a connected mobile application, users can track these air quality metrics and take necessary actions to enhance their well-being and create healthier living and working spaces. uHoo aims to promote sustainability and improve overall health by facilitating better indoor air quality management.

Groundup.AI

Seed Round in 2023
Groundup.AI is a technology company that specializes in developing proprietary Internet of Things (IoT) sound sensors and an artificial intelligence platform aimed at enhancing industrial operations. Its primary focus is on condition-based monitoring and predictive maintenance, utilizing advanced sound data analysis to identify anomalies that may indicate potential machine faults. By enabling early detection of issues, Groundup.AI helps industrial companies reduce unplanned downtime and minimize maintenance costs. The company's solutions are aligned with the principles of Industry 4.0, integrating machine learning and computer vision to improve safety monitoring and operational efficiency.

Pitik

Series A in 2022
Pitik is an agri-tech startup that focuses on improving the operational efficiency of chicken farmers in Indonesia. The company develops a comprehensive farm management system that integrates Internet of Things (IoT) technology, advanced algorithms, and digital assistance to enhance the welfare of poultry farmers. By providing full-stack production support, Pitik enables farmers to optimize their processes, increase productivity, and maintain high-quality standards in chicken production. This innovative approach not only helps farmers sell their products at competitive prices but also aims to elevate the overall standards within the poultry industry.

eFishery

Series C in 2022
eFishery is an aquaculture technology startup that focuses on providing innovative solutions for fish and shrimp farmers. The company develops an internet of things-based automatic fish feeder that utilizes motion sensors to assess fish appetite and optimize feeding amounts. In addition to its feeding technology, eFishery offers a cloud-based dashboard and data platform that helps farmers manage their operations effectively. The company aims to enhance productivity and profitability for aquaculture practitioners while addressing social and economic inequalities within the industry. By creating an integrated ecosystem that includes services for farming operations, financing, and distribution, eFishery supports sustainable growth in one of the world’s vital food production sectors.

Pitik

Seed Round in 2021
Pitik is an agri-tech startup that focuses on improving the operational efficiency of chicken farmers in Indonesia. The company develops a comprehensive farm management system that integrates Internet of Things (IoT) technology, advanced algorithms, and digital assistance to enhance the welfare of poultry farmers. By providing full-stack production support, Pitik enables farmers to optimize their processes, increase productivity, and maintain high-quality standards in chicken production. This innovative approach not only helps farmers sell their products at competitive prices but also aims to elevate the overall standards within the poultry industry.

MicroSec

Series A in 2021
MicroSec is a deep technology cybersecurity company based in Singapore that specializes in safeguarding operational technology infrastructure for government and industrial organizations. The company focuses on providing enterprise-grade security solutions for Internet of Things (IoT) devices, employing advanced lightweight methods for authentication, encryption, authorization, and access control. MicroSec incorporates machine learning algorithms to enhance its security capabilities, featuring a machine learning-based anomaly detection system that intelligently identifies potential tampering and misuse of devices. With an emphasis on seamless integration, MicroSec aims to revolutionize cybersecurity across various sectors, including automotive, smart city infrastructures, and Industry 4.0, ensuring resilience against cyber threats while protecting sensitive data and systems.

uHoo

Venture Round in 2020
uHoo Limited is a company based in Shatin, Hong Kong, that specializes in indoor air quality sensors. Established in 2014, uHoo provides a monitoring device that measures nine key air quality parameters, including temperature, humidity, carbon dioxide levels, and airborne chemicals. This technology empowers users to understand how their indoor environment affects their health by delivering personalized alerts and insights. Through a connected mobile application, users can track these air quality metrics and take necessary actions to enhance their well-being and create healthier living and working spaces. uHoo aims to promote sustainability and improve overall health by facilitating better indoor air quality management.

eFishery

Series B in 2020
eFishery is an aquaculture technology startup that focuses on providing innovative solutions for fish and shrimp farmers. The company develops an internet of things-based automatic fish feeder that utilizes motion sensors to assess fish appetite and optimize feeding amounts. In addition to its feeding technology, eFishery offers a cloud-based dashboard and data platform that helps farmers manage their operations effectively. The company aims to enhance productivity and profitability for aquaculture practitioners while addressing social and economic inequalities within the industry. By creating an integrated ecosystem that includes services for farming operations, financing, and distribution, eFishery supports sustainable growth in one of the world’s vital food production sectors.

Yulu

Series A in 2020
Yulu is a micro-mobility platform operating in India that addresses traffic congestion and air pollution through its innovative fleet of human and battery-powered micro-light two-wheelers. The company manufactures smart, dockless electric vehicles that leverage advanced Internet of Things technology, allowing users to rent them effortlessly via a user-friendly application. Yulu's business model includes both pay-per-use and subscription options, facilitating seamless last-mile connectivity and delivery solutions. By providing a sustainable alternative to traditional transportation, Yulu aims to improve urban mobility and contribute to a cleaner environment.

eFishery

Series A in 2018
eFishery is an aquaculture technology startup that focuses on providing innovative solutions for fish and shrimp farmers. The company develops an internet of things-based automatic fish feeder that utilizes motion sensors to assess fish appetite and optimize feeding amounts. In addition to its feeding technology, eFishery offers a cloud-based dashboard and data platform that helps farmers manage their operations effectively. The company aims to enhance productivity and profitability for aquaculture practitioners while addressing social and economic inequalities within the industry. By creating an integrated ecosystem that includes services for farming operations, financing, and distribution, eFishery supports sustainable growth in one of the world’s vital food production sectors.

uHoo

Seed Round in 2018
uHoo Limited is a company based in Shatin, Hong Kong, that specializes in indoor air quality sensors. Established in 2014, uHoo provides a monitoring device that measures nine key air quality parameters, including temperature, humidity, carbon dioxide levels, and airborne chemicals. This technology empowers users to understand how their indoor environment affects their health by delivering personalized alerts and insights. Through a connected mobile application, users can track these air quality metrics and take necessary actions to enhance their well-being and create healthier living and working spaces. uHoo aims to promote sustainability and improve overall health by facilitating better indoor air quality management.

Yulu

Seed Round in 2018
Yulu is a micro-mobility platform operating in India that addresses traffic congestion and air pollution through its innovative fleet of human and battery-powered micro-light two-wheelers. The company manufactures smart, dockless electric vehicles that leverage advanced Internet of Things technology, allowing users to rent them effortlessly via a user-friendly application. Yulu's business model includes both pay-per-use and subscription options, facilitating seamless last-mile connectivity and delivery solutions. By providing a sustainable alternative to traditional transportation, Yulu aims to improve urban mobility and contribute to a cleaner environment.

ARCSTONE

Venture Round in 2018
Arcstone Pte. Ltd. is a Singapore-based company that specializes in developing and marketing manufacturing software solutions. Founded in 2013, it offers a comprehensive platform known as the Arcstone Operations Platform (arc.ops), which integrates various data streams from IoT sensors, machines, ERPs, and workstation tablets. This platform enables manufacturers to monitor, track, visualize, and control production operations, facilitating both automated and manual processes in manufacturing, machine maintenance, and warehousing. By operationalizing data, Arcstone empowers facility managers to enhance visibility and control, leading to significant cost reductions and quality improvements across the manufacturing supply chain. The company also has a presence in India, Vietnam, and Indonesia, highlighting its regional commitment to optimizing operational efficiency.

MicroSec

Seed Round in 2018
MicroSec is a deep technology cybersecurity company based in Singapore that specializes in safeguarding operational technology infrastructure for government and industrial organizations. The company focuses on providing enterprise-grade security solutions for Internet of Things (IoT) devices, employing advanced lightweight methods for authentication, encryption, authorization, and access control. MicroSec incorporates machine learning algorithms to enhance its security capabilities, featuring a machine learning-based anomaly detection system that intelligently identifies potential tampering and misuse of devices. With an emphasis on seamless integration, MicroSec aims to revolutionize cybersecurity across various sectors, including automotive, smart city infrastructures, and Industry 4.0, ensuring resilience against cyber threats while protecting sensitive data and systems.

CloudMondo

Venture Round in 2016
CloudMondo is a technology startup based in Silicon Valley that operates an online marketplace for Over-The-Top (OTT) network services. The company aims to make internet connectivity a fundamental right by providing a cloud-based platform designed to offer disruptively affordable broadband access. Its patent-pending platform utilizes artificial intelligence, open-source technologies, virtualization, and software-defined networking to significantly lower the costs and complexities associated with delivering reliable internet services. CloudMondo also offers a suite of high-value OTT services that can be tailored for various stakeholders, including municipalities, venue owners, service providers, and businesses, enabling them to generate revenue while enhancing broadband access for their users. The platform has successfully entered production and is currently operational in twelve countries across four continents, reflecting its commitment to improving global internet accessibility.

ARCSTONE

Seed Round in 2015
Arcstone Pte. Ltd. is a Singapore-based company that specializes in developing and marketing manufacturing software solutions. Founded in 2013, it offers a comprehensive platform known as the Arcstone Operations Platform (arc.ops), which integrates various data streams from IoT sensors, machines, ERPs, and workstation tablets. This platform enables manufacturers to monitor, track, visualize, and control production operations, facilitating both automated and manual processes in manufacturing, machine maintenance, and warehousing. By operationalizing data, Arcstone empowers facility managers to enhance visibility and control, leading to significant cost reductions and quality improvements across the manufacturing supply chain. The company also has a presence in India, Vietnam, and Indonesia, highlighting its regional commitment to optimizing operational efficiency.

Internet America

Post in 2002
Internet America, Inc. is an Internet service provider that delivers high-speed broadband services primarily to residential and business customers in the southwestern United States, with a strong focus on underserved rural areas. The company offers a range of connectivity options, including wireless broadband, DSL, and dial-up access. With approximately 27,000 active subscribers, Internet America provides various services such as unlimited web access, multiple email accounts, and personal web hosting. Additionally, its Airnews.net service grants customers access to a vast array of news articles, serving clients in multiple countries. The company aims to expand its subscriber base by addressing the needs of communities with limited access to alternative broadband solutions.
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