1/8/2023 0 Comments Wavemaker partners![]() The founders of Wavemaker Impact believe that entrepreneurs could create solutions for climate change and they aim to launch companies that will reduce 10% of global emissions by 2035.Įntrepreneurs that work with Wavemaker Impact will be able to tap into the VC firm’s global network of investors, advisors, and corporate partners. Urban centers like Jakarta, Bangkok, and Ho Chi Minh City are facing the threat of being submerged by 2050. As an archipelagic region, Southeast Asia is particularly vulnerable. With a remote-first, office-agnostic approach, the QoreNext team is distributed across North America, APAC, and India.News Data from Twitter provides new ways to mitigate disasters and generate insights about climate crisesĬlimate change has intensified in recent years. This results in business-ready data that allows major time and cost savings. QoreNext provides its clients with reliable high-quality data, with a flexible DaaS pricing model. ![]() QoreNext is created to be a virtual data factory, where customers can leverage its interconnected data products with seamless integration-always updated and current. From healthcare to finance, corporations need data to operate. It consists of a platform for enterprise data content, powered by machine learning and robotic process automation. QoreNext is a Singapore- and Seattle-based tech startup that is re-inventing the future of data creation for the enterprise B2B market. The seed round will help the QoreNext platform to advance production of its main modules and to bring its first set of data products to the market.įor more information on QoreNext, visit. The firm has US$180 million in AUM across three funds and has seen 10 exits valued at close to US$700 million. Since 2012, it has backed 140+ companies, of which 85% are in enterprise and deep tech. Headquartered in Singapore, WaveMaker is Southeast Asia’s go-to VC firm investing in B2B and deep tech. ![]() We are confident that with the team’s extensive network and experience, they are best-placed to scale their solution globally across verticals, starting from the US.” QoreNext’s ML-RPA-driven approach not only allows for various cost-efficient optimizations and automations within data science teams, but also gives companies access to foundational data that are vital for decision-making. Paul Santos, Managing Partner of Wavemaker Partners said, “With over a decade of industry experience and a successful exit under his belt, Rahul deeply understands the problems faced by enterprises when it comes to data. "In Wavemaker, we are excited to have found the perfect partner to help us get the company to the next level." "We have already had many constructive discussions with corporates that show a genuine interest in our data offerings", said Rahul Sahgal, founder and CEO of QoreNext. This precludes the need for armies of data stewards or editors. The Qore platform changes the way foundational data is produced and consumed, while the virtual collaborative aspect brings the gig-economy model into the corporate data management world. He recognized that there were better ways to resolve this pervasive issue. Rahul realized that corporations expend a great deal of time and resources in acquiring data from various common public sources and then maintaining this data to their high standards. Annik was part of a private equity-driven roll-up under digital customer engagement firm LiquidHub, which was acquired for US$500 million in 2018. The business idea was based on IP specifically carved out of Annik, the data and analytics company Sahgal founded and sold to French IT services giant CapGemini. Previously, the Singapore- and Seattle-based startup closed an angel investment round from leaders in the insights, payments, and data spaces.įounded by data scientist and entrepreneur Rahul Sahgal, QoreNext has applied machine learning to robotic process automation via its collaborative platform. SINGAPORE-( BUSINESS WIRE)- QoreNext, a Data-as-a-Service (DaaS) provider for the enterprise B2B market, has raised US$1.5 million in seed funding from Wavemaker Partners, one of Southeast Asia’s leading venture capital firms.
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