Fund profile / Finland

Wave Ventures III

Geography
Finland
Stage
Pre-Seed
Fund size
€10M
Focus
SaaS
Signals
Published
Share
N°01 / About

About Wave Ventures III

Wave Ventures III is a venture capital firm based in Finland, focusing on Pre-Seed stage investments. The fund actively supports founders building innovative solutions in SaaS, providing strategic guidance and capital to help startups scale.

N°02 / Thesis

Investment Focus

Location / RegionFinland
Funding StagePre-Seed
Industry Focus
SaaS

Investor Signals Profile

active

Sweet Spot

AI-native founders solving real SMB workflow problems

AI agents
AGI
frontier tech
AI-native SaaS
SMB tools
Nordic scale-ups
YC-backed founders

Bullish Signals

Partner active, publishing AI thought leadershipexternal
9,350 LinkedIn followers, engaged communityexternal
Backed Kreia pre-launch, AI marketing for SMBslinkedin
Co-invests with node.vc, active deal flowlinkedin
Kreia launched: 240 likes, strong traction signallinkedin
Backs founder-market fit: family SMB backgroundlinkedin
Wave reposted Kreia launch — active portfolio supportlinkedin
Wave 11,595 followers, duo media presencewave
Margarethe & Max on Teknokratin podcastwave
Fund culture: playful, creative, human-centered valueswave
Partner Camilla on Päätös podcast, decacorn visionlinkedin
Betting on next-gen global growth companieslinkedin
Ordo Labs (YC F26) in portfolio, active supportwave

Contrarian Signals

SMB marketing is crowded, exits harderlinkedin
Done-for-you model: margins & scale risklinkedin

Founder Do's

Build AI-native, not AI-wrapped
Target underserved SMB / solo operators
Show personal founder-market fit
Done-for-you AI services welcome
Founder-led community traction valued

Founder Don'ts

Don't pitch generic AI tooling
Don't ignore early co-investor alignment
Don't overlook solo/independent professional segment

26 signals on Wave Ventures III

13 bullish · 2 contrarian · 5 pitch do's · 3 don'ts · 3 GP profiles, each with its source. From €9/month, cancel anytime.

Facts

Fund Overview

Fund Size€10M
Saves0
People

Key People

Antonia Eneh

Max LarssonPartner
Margarethe BöhmePartner
Camilla KomulainenPartner
Backers

Known LPs

BoltCorporate / Strategic
Bolt operatorsIndividual / Angel
NokiaCorporate / Strategic
+12 more LPs in LP Radar
N°04 / See also

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