Alpha Wave Incubation
Description
Alpha Wave Incubation (AWI) is a prominent early-stage venture capital fund, established as a key component of Alpha Wave Global's broader investment strategy. Launched in partnership with ADQ, an Abu Dhabi-based sovereign investor, AWI manages a substantial $300 million fund dedicated to fostering innovation in the global startup ecosystem. This strategic collaboration positions AWI uniquely, blending the venture expertise of Alpha Wave Global (formerly Falcon Edge Capital) with ADQ's deep regional market access and extensive network, aiming to create a robust bridge between promising startups and the rapidly growing markets of the Middle East and North Africa (MENA).
The fund's core mandate is to identify and back disruptive technology companies at their nascent stages, typically from Seed to Series A rounds. AWI exhibits a strong preference for startups with global ambitions, particularly those that can leverage Abu Dhabi as a strategic base for expansion into the MENA region. Their investment focus spans a diverse range of sectors, including but not limited to B2B SaaS, fintech, healthtech, edtech, logistics, and consumer internet. This sector-agnostic yet strategically targeted approach allows AWI to capture high-growth opportunities across various innovative domains, supporting companies that are poised for significant international scaling.
Beyond capital infusion, Alpha Wave Incubation provides substantial strategic value to its portfolio companies. This includes facilitating market entry into the MENA region, offering operational guidance, and connecting startups with ADQ's vast ecosystem of businesses and government entities. The typical first check size from AWI ranges from approximately $500,000 to $5 million, reflecting its commitment to early-stage support and its capacity to provide meaningful initial capital. This hands-on approach, combined with a significant fund size and a clear geographic expansion strategy, makes Alpha Wave Incubation a compelling partner for startups looking to accelerate their growth and achieve global reach.
Investor Profile
Alpha Wave Incubation has backed more than 24 startups, with 2 new investments in the last 12 months alone. The firm has led 15 rounds, about 63% of its total and boasts 0 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Seed, Series B rounds (top funding stages).
- Majority of deals are located in India, United States, Singapore.
- Strong thematic focus on Software, SaaS, Financial Services.
- Typical check size: $500K – $5M.
Stage Focus
- Series A (46%)
- Seed (17%)
- Series B (8%)
- Series D (8%)
- Series C (8%)
- Series Unknown (4%)
- Series E (4%)
- Convertible Note (4%)
Country Focus
- India (79%)
- United States (13%)
- Singapore (4%)
- Indonesia (4%)
Industry Focus
- Software
- Saas
- Financial Services
- Education
- B2b
- Health Care
- Information Technology
- Fintech
- E-learning
- Edtech
Frequently Asked Questions
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