# Paul Santos

> Paul Santos is a seed investor at Wavemaker Ventures backing Software and Artificial Intelligence. See 56 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Wavemaker Ventures](https://shizune.co/investors/profile/wavemaker-partners)
- Location: Singapore, Singapore
- Total investments: 56
- Last investment: Jul 2026
- Lead investor: 55%
- Last updated: Aug 2026
- LinkedIn: http://www.linkedin.com/pub/b-paul-santos/2/a05/b18
- Website: https://wavemaker.vc/sea/team/paul-santos/

Paul Santos is an accomplished entrepreneur who has successfully co-founded and grown six companies to profitability across a variety of industries, exiting twice. His first exit was with Indio, an integrated marketing communications company that was acquired by Dentsu. His second was with Vertex Solutions, a customer service and technical supportcompany granted Pioneer Status by the Philippine’s Board of Investments that was acquired by Alorica.Paul is also a Partner at Siemer Ventures, a cross border, early stage fund and leads its investments from Singapore. He has led the investment into and/or sits on the Board of Directors of AppAddictive, Ayannah, Frenzoo and TradeSparq.Prior to the partnership with Siemer Ventures, Paul was Managing Partner at Tholons Capital, a seed stage investment firm that focused on IT-enabled service companies that leveraged the two leading outsourcing destinations in the world, India and the Philippines. He was also President for Asia for Tholons, a leading boutique advisory firm focused on the globalization and outsourcing of services. Tholons works with buyers, suppliers, investors and government and trade organizations around the world that seek to benefit from the globalization and outsourcing of technology-enabled services.Paul started his career in Brand Management with Procter & Gamble where he led one of its flagship brands to achieve record levels in revenue, share and profit as well as image ratings. He graduated with a BS in Management Engineering from the Ateneo de Manila University with a Joint Minor in International Management from the University of Antwerp, Belgium. He is also a member of the Entrepreneurs Organization (EO) and is part of its Asia Bridge Forum (ABF).

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 9 | 16% |
| Artificial Intelligence | 6 | 11% |
| Analytics | 5 | 9% |
| SaaS | 4 | 7% |
| E-Commerce | 4 | 7% |

87 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 24 | 43% |
| Series A | 18 | 32% |
| Series B | 3 | 5% |
| Venture - Series Unknown | 2 | 4% |
| Pre-Seed | 1 | 2% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Singapore | 22 | 39% |
| India | 3 | 5% |
| Indonesia | 2 | 4% |
| New Zealand | 2 | 4% |
| Bangladesh | 1 | 2% |

8 countries tracked in total.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| pQCee | PQCee is a cybersecurity and quantum technology company that develops post-quantum cryptography (PQC) solutions to help organizations secure digital systems against future quantum computing threats. It designs software products and security infrastructure that enable enterprises to transition to quantum-resistant encryption, digital signatures, andkey management while maintaining compatibility with existing IT environments.The company's product portfolio includes SafeQuard, a post-quantum end-to-end encryption solution for web applications; QKDLite, a quantum-safe key management platform that integrates with hardware security modules (HSMs) and quantum key distribution (QKD) networks; inoQulate, a post-quantum public key infrastructure (PKI) platform for quantum-safe certificates, email, PDF signing, and TLS; AStablish for digital asset assurance; and QuICScript, a browser-based quantum computing simulator. These solutions help organizations protect sensitive communications, digital identities, and cryptographic infrastructure against "harvest now, decrypt later" attacks. | $3.9M | Seed | Jul 17, 2026 |  |
| DataMasque | Simply mask your sensitive data while maintaining its function for testing, development, training and analytics. DataMasque makes it safe to explore, implement and harness the opportunities that data provides, free from privacy concerns or compromise. | $4M | Venture - Series Unknown | Jun 02, 2026 |  |
| DataMasque | Simply mask your sensitive data while maintaining its function for testing, development, training and analytics. DataMasque makes it safe to explore, implement and harness the opportunities that data provides, free from privacy concerns or compromise. | $4M | Series A | Jun 02, 2026 |  |
| Cube Asia | Cube Asia offers granular market data and insights for online retail in Southeast Asia, helping brands and retail companies. | $3.7M | Series A | Apr 26, 2026 |  |
| Eezee | Singapore’s first & largest industrial marketplace that connects local suppliers to corporate clients, leveraging technology to help both parties make informed decisions.The company offers a secure platform for buyers and sellers to transact.Our aim is to improve the efficiency of business to business (B2B) transactions. We do this byensuring that the process of selecting and purchasing your supplies becomes quicker, more convenient and transparent. We support local suppliers in establishing their presence online, enabling them to be discovered by corporate organisations. | $5M | Series B | Feb 24, 2026 |  |
| VFlow Tech | VFlow Tech uses its unique IP to build safe, long-lasting, high performing low-cost flow batteries for large scale energy storage application. Our modular design allows our batteries to be highly scalable which fits in perfectly from households, micro-grids to grid level storage applications. We use a unique approach of industry focused research todeliver a long lasting and reliable storage solution based on user feedback and industry trends. In addition, our in-house expertise in renewable energy technologies means that we provide you with a complete “energy + storage” solution. | $20.5M | Series B | May 14, 2025 |  |
| Soul Parking | Soul Parking is a parking management service company, which has successfully developed motorcycle storage equipment as a solution for traffic and parking problems that are cluttered using 100% designs and raw materials. Soul Parking provides solutions by developing a modern, safe and comfortable vehicle parking system that takes into accountlimited land area. |  | Series A | Jan 06, 2025 |  |
| XSQUARE Technologies | XSQUARE Technologies is at the forefront of a logistics revolution, rewriting the norms of intralogistics and revolutionizing warehouses with intelligent warehouse automation technologies. | $7.8M | Series A | May 23, 2024 |  |
| Neocrete | Neocrete is a concrete manufacturing company that is involved in the manufacture of resilient and carbon-neutral concrete. | $3.9M | Seed | Mar 26, 2024 |  |
| Staple | Staple develops cognitive AI to read, interpret and extract structured data from documents at scale, regardless of layout or language. Our proprietary combination of computer vision, machine learning, NLP and OCR allows us to deliver solutions that can process data 25X faster and 80% more affordably than any human can. Staple is currently servicingdata-intensive customers in the banking, financial services, professional services, healthcare and industrial sectors. | $4M | Seed | Mar 22, 2024 |  |

10 of 56 investments shown.

## Co-investors
- [Seeds Capital](https://shizune.co/investors/profile/seeds-capital) — VC Fund, 9 deals together
- [Icehouse Ventures](https://shizune.co/investors/profile/icehouse-ventures) — VC Fund, 5 deals together
- [UntroD Capital](https://shizune.co/investors/profile/real-tech-holdings) — VC Fund, 4 deals together
- [Aletra Capital Partners](https://shizune.co/investors/profile/aletra-capital-partners) — VC Fund, 3 deals together
- [Alpha JWC Ventures](https://shizune.co/investors/profile/alpha-jwc-ventures) — VC Fund, 3 deals together
- [Insignia Ventures Partners](https://shizune.co/investors/profile/insignia-ventures-partners) — VC Fund, 3 deals together

## About Wavemaker Ventures

VC Fund · Singapore, Singapore

Wavemaker Group is a multi-faceted cross border venture capital firm founded in 2003. The firm is dual headquartered in Los Angeles and Singapore and has raised over $580M across multiple funds. We currently have a team of 70 people across both sides of our practice. Wavemaker is one of the most active early-stage investors in Southern Californiaand Southeast Asia and has invested in over 360 companies in the last 17 years.

5 contacts available at Wavemaker Ventures.

| Name | Title | Profile |
| --- | --- | --- |
| B. Paul Santos | Founding Partner | https://shizune.co/investors/profile/b-paul-santos-7c4c |
| Colin Tang | Investor Relations | https://shizune.co/investors/profile/colin-tang |
| Eric Manlunas | Founder and Managing Partner | https://shizune.co/investors/profile/eric-manlunas |
| Gavin Lee | General Partner | https://shizune.co/investors/profile/gavin-lee-2 |
| Harold Au | Investment Manager | https://shizune.co/investors/profile/harold-au |

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## FAQ

### What does Paul Santos invest in?

Paul Santos invests primarily in Software, Artificial Intelligence and Analytics startups, most often at Seed and Series A stage. Most of the 56 investments tracked by Shizune back companies in Singapore. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Paul Santos last invest?

The most recent investment recorded for Paul Santos closed in Jul 2026. Shizune tracks 56 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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