
VentureWave Capital
VentureWave Capital is an actively managed venture private equity group that invests in & builds great tech companies.
VentureWave Capital is an Irish-based private equity firm with a distinct focus on impact investing, a strategy that seeks to generate both financial returns and positive, measurable social or environmental change. The firm was launched in 2020 by co-founders Alan Foy and Brian Martin, who serve as the Managing Partners. They are joined by Chairman and co-founder Aidan Foy. The founding team brings together a diverse set of experiences; Alan Foy has a background as an experienced operator and investor, having served as the CEO of Blueface, a telecommunications company that was successfully sold to Comcast, while Brian Martin's expertise lies in investment banking and corporate finance.
The firm's core mission is to back technology entrepreneurs and companies that are positioned for rapid scaling and global expansion. VentureWave Capital operates with a thesis that financial success and societal good are not mutually exclusive but are, in fact, complementary. This is reflected in their investment vehicle, the "Impact Ireland" fund, which targets high-growth Irish technology companies with global ambitions. The fund's strategy involves taking a hands-on approach, providing not just capital but also mentorship and access to a global network of experts and entrepreneurs to support its portfolio companies.
The business model is centered on a classic private equity structure, raising capital from a network of institutional investors, family offices, and high-net-worth individuals to deploy into its chosen ventures. It targets companies in sectors such as cloud technology, artificial intelligence, MedTech, and FinTech. A key differentiator for VentureWave Capital is its commitment to the United Nations Sustainable Development Goals (SDGs), integrating them into its investment process to ensure portfolio companies contribute positively to global challenges. This approach caters to a growing class of investors who demand transparency and accountability regarding the non-financial impact of their investments, alongside competitive returns. The firm's revenue is derived from management fees on the capital under management and carried interest, which is a share of the profits realized from successful investments.
Keywords: impact investing, private equity, venture capital, technology investment, Irish startups, ESG, sustainable development goals, global scaling, MedTech, FinTech