Great Wave Ventures

Great Wave Ventures (formerly Agya Ventures) is a New York City-based early-stage venture capital firm founded in 2020, headquartered at 430 Park Avenue. The firm concentrates on technology in the built world — real estate, construction, climate, and logistics — and draws its name and identity from Hokusai's 1831 woodblock print "The Great Wave Off Kanagawa," reflecting its mission to serve as a bridge between US startups and Japanese institutional investors. The rebrand from Agya Ventures to Great Wave Ventures coincided with the launch of Fund II. Since 2021, the firm has invested in more than 60 startups at the pre-seed and seed stages, including 17 Y Combinator graduates. Check sizes range from $100K to $1 million. Portfolio companies include Generate Design (construction and design), Truehold (sale-leaseback platform), Airgoods (air freight), Parspec (construction product data), Cambio (climate data), DaisyChain, Hexium, Nickel (financial software, invested October 2025), and Wildr (a toxicity-free social media platform that raised $2.5 million). The firm has recorded four acquisitions, including Obsess (3D virtual store platform, exited January 2025), Doorsey (online home buying), and Sustain.Life (carbon tracking for businesses). The Japanese institutional LP base is a deliberate strategic asset: portfolio companies seeking entry into the Japanese market gain direct access through Great Wave's investor relationships, a differentiated form of support that goes beyond capital. The founders bring hands-on experience in real estate and construction technology, grounding the firm's thesis in the operational realities of the industries it targets.