Analyst signals
Metrics use all recorded activity through 22 Jul 2026 across seed. Later-round outcomes are capped at the period end.
These are activity signals, not fund-return metrics. Round capital is the full disclosed financing amount, not this fund's check size. “Recorded solo” means only one investor is present in the source data and is a lead signal, not verified lead status; syndicated rounds are a co-investor or follower signal. IRR, TVPI, DPI, ownership, exits, and market beta cannot be calculated from the available records.
People
No team details are available yet.
Portfolio
Full financing histories for portfolio companies. Highlighted rounds are those where Wave Capital is recorded as an investor.
Desmo Labs is a Web3 solutions provider offering fintech SaaS for onboarding, KYC, identity verification, digital-asset management, custody, settlement, and over-the-counter trading. It serves corporations, government entities, and financial service providers.