Beta Wave Investments — Pre-Seed VC Firm ($200K–$1.0M Checks)
Beta Wave Investments is a Pre-Seed venture capital firm based in Chicago, IL investing in AI / ML, SaaS. The firm typically writes $200K–$1.0M checks and has 1 portfolio company in our records.
- Check size
- $200K–$1.0M
- Portfolio
- 1 company on record
- Partners
- 4 listed
- Stage
- Pre-Seed
- Sectors
- AI / ML, SaaS
- HQ
- Chicago, IL
- AUM
- Not in our records
Last verified: 2026-09-28
Pre-Seed
$200K – $1.0M
1+ companies
4 partners
Investment Thesis
A micro-fund targeting early-stage AI and SaaS platforms that aim to redefine industry paradigms.
How Beta Wave Investments invests
Beta Wave Investments is a vc firm based in Chicago, IL. The firm invests at the Pre-Seed stage, with a focus on AI / ML, SaaS. It does not invest in Hardware.
Beta Wave Investments typically writes checks of $200K–$1.0M per investment.
Investing since at least 2004, Beta Wave Investments has backed 1 company in our records, including Metanoia Communications Inc.. Its most recent recorded investment was in 2004.
Partners & Team
Mark Steiner
Founding Partner
Zhenlin Li
Venture Capital veteran
8 Years experiences in Venture Capital, SVIEF Investor of the year 2021. Multiple exits including IPO in both US and Hongkong, acquisitions in US and China.
James Lee
Venture Capital veteran
6 Years of Venture Capital Experiences. UC Berkeley Skydeck advisor, Hass Business School mentor in investment, multiple exit in Taiwan, US and Europe.
Angelina Zhang
Veteran investor
Veteran investor in both China and US. Serial startup founder. Organizer of Peking University 1898 investment fund, various exits in both China and US.
Industry Focus
Invests In
Does Not Invest In
Portfolio Companies (1)
2004
Metanoia Communications Inc.
Specializes in Software Defined Radio (SDR) and 5G/B5G technologies.
- •Raising at Pre-Seed? You're squarely in their sweet spot.
- •Lead with your fit in AI / ML, SaaS — the sectors they actively back.
- •Size your ask to their typical $200K – $1.0M check.
- •warm intro preferred
- •Address your outreach to a specific partner, such as Mark Steiner, Founding Partner.
- •A warm introduction beats a cold email. Get matched and request an intro.
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