Wall Street Journal Pro: Venture Firm Emphasizes Value of Government Contracts

July 13, 2023by SineWave Press

SineWave was featured in Wall Street Journal Pro: “Venture Firm Emphasizes Value of Government Contracts” by Yuliya Chernova

SineWave Ventures has raised a $160.3 million fund from investors including Morgan Stanley and the endowment of Boston University to pursue a strategy that has served it well so far—investing at a steady pace at reasonable valuations in companies that sell to both the private and the public sectors.

SineWave can point to successes such as portfolio companies Evolv and SentinelOne going public in 2021. Those exits helped the Washington-based firm distribute about seven times of invested capital back to limited partners in its first $55 million fund, according to Yanev Suissa, SineWave’s founder. Such figures put the fund, raised in 2016, among the market’s top performers.

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