A single venture
We co-build one venture around an opportunity you see, from research and customer validation to a launched product and an operating company.
- Opportunity research and validation
- Embedded operators on the build
- Pilot and launch plan
Corporate venture
Turn your strategic edge into new ventures
Next Wave builds new ventures with established companies. You bring the expertise, customers, IP and distribution. We bring research, operators who have built companies and hands-on product and company building, with clear decision points along the way.
A shared build
Your advantage, our builders
New ventures move faster when a company’s strengths meet a team that builds companies for a living. Each side owns a clear part of the work.
What your company brings
- Domain expertisePeople who know the industry, the buyers and the hard problems from the inside.
- Customer accessRelationships that let a new venture test, pilot and sell sooner.
- IP and dataPatents, know-how and data that can anchor a new product.
- DistributionChannels, partners and brand trust a startup would take years to earn.
- An executive sponsorA senior leader who owns the opportunity and clears the path inside the company.
What Next Wave brings
- Research and selectionThesis research that tests the market, the timing and your right to win.
- Operators who buildPeople who have built and scaled companies, working on product, market and company.
- Customer validationBuyer conversations, pilots and the evidence a build decision needs.
- Plans that hold upBusiness plan, financial model, go-to-market strategy and product roadmap.
- Company buildingFormation, governance, IP strategy and business development for the new venture.
Ways to engage
Co-build
Repeatable
Capital strategy
Start with one venture or build a studio of your own
A corporate venture studio
We help you design, launch and run a studio of your own, with a pipeline of opportunities, decision gates, governance and teams that can build venture after venture.
- Studio design and operating model
- Pipeline and portfolio priorities
- Governance and decision gates
An investment program
For a corporate fund strategy, Next Wave Capital Management, LLC may act as adviser or sub-adviser to a qualifying venture capital fund. Whether that fits depends on your mandate and structure.
- Fund strategy around the Safer
- Sourcing and diligence from the studio
- Studio co-investment subject to fit and approval
How a venture gets built
From opportunity to operating business
Every stage ends with evidence and a decision, so time and capital follow what the market shows. We aim to shorten the road to market by building from the first weeks.
- 1
Opportunity research
We test the market, the timing and the advantage your company brings before anyone commits to a build.
Decision to validate - 2
Customer validation
Conversations with real buyers shape the problem, the offer and the business model.
Decision to build - 3
Product and company build
Operators build the product, the team and the company, backed by a business plan, financial model and roadmap.
Decision to pilot - 4
Pilot to market
A commercial pilot with customers, then a launch plan built on what the pilot showed.
Decision to scale
Choose the structure
Inside the company, spun out or built with startups
Internal venture
Built inside your organization, close to your teams, customers and operations.
Independent venture or spinout
A new company with its own team and governance, and room to bring in outside capital.
Startup collaboration
Building alongside young companies that already hold part of the answer.
Governance, IP, ownership and decision rights are agreed in writing at the start and shaped to each venture.
The Next Wave approach
Built to last and built to be investable
Thesis first
We work where we know the markets, in intelligent and sustainable infrastructure and the Era of Autonomy.
Operators inside
People who have built and scaled companies do the work alongside your team.
Durable fundamentals
Revenue, unit economics, governance and reporting that hold up to diligence.
An IP portfolio
We help identify, protect and build the intellectual property the venture needs to own.
The Safer where it fits
A revenue-linked instrument that can align investors and the venture.
Capability transfer
Your team learns by building
We work side by side with your people. They take part in research, customer work, product decisions and company building, so the know-how stays with your company when a venture stands on its own.
Questions
What corporate teams ask first
Is our company a fit?
Established companies with real expertise, customers or IP near intelligent and sustainable infrastructure, and an executive sponsor who wants a new business built. If an opportunity sits outside our thesis, we will say so early.
Should the venture live inside the company or stand on its own?
It depends on how close the venture sits to your core business, how much outside capital it may need and how you want to govern it. We work through those trade-offs with you before the build starts.
What does our company commit?
Access to the people, customers and assets the venture depends on, an executive sponsor and a set of agreed decision points. Scope and terms are set in writing for each engagement.
Will Next Wave invest?
Studio co-investment is possible for some ventures, subject to fit and individual approval. Studio work and any investment commitment are agreed separately.
Who owns the IP and the equity?
Ownership of IP, equity and decision rights is agreed for each engagement and written down before work begins. There is no standard split.
Bring us the opportunity you see
Tell us about the expertise, customers or IP you want to put to work. A partner reads every note.