Skip to main content
Mwave banner
Mwave logo

Mwave

Mwave is an online technology marketplace connecting consumers with the latest products from leading technology brands.

Backed by

Anacacia CapitalAnacacia Capital

EQUITY on December 4, 2020

About

Mwave supplies computer hardware and components to video gaming, esports, PC-enthusiast and SME customers, distributes branded products, and is expanding its online home entertainment product range.

Mission

Founded in 2006 by Victor Lee and his team, Mwave is a leading supplier of computer products to the fast-growing video gaming, eSports and PC enthusiast segments and also serves the SME business segment. The business has more than doubled in size over the last three years through close relationships with leading brands. It reports annual sales of over USD 150 million. Management will remain in executive roles and retain material stakes alongside new investors, while Gary Levin is joining the board as chair. The company plans to leverage its market position to grow product range and market share in the online home entertainment market. The new ownership structure and investment are said to provide a stronger balance sheet to support growth initiatives.

Quick Facts

Founded

2006

Funding

EQUITY

Industry

E-Commerce, Retail, Shopping

Team Size

11-50

Headquarters

Lidcombe, New South Wales, Australia