Diligence memo · auto-generated · as of July 2, 2026
Clean Wave Technologies, Inc.
Clean Wave Technologies, Inc. looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Clean Wave Technologies, Inc. operates in Other Technology, based in Mountain View.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Clean Wave Technologies, Inc. has raised $15M in disclosed capital across 6 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $8.8M on 2013-12-19.
Most recent recorded round closed around 2015-10-19.
Valuation (modeled)modeled
Provath models Clean Wave Technologies, Inc. at approximately $28M (range $1.3M–$151M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.18× the median modeled value of Series A Other Technology companies in 2013–2015 (789 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 15 months.
Last raise 10.7 yr ago; this sector typically re-raises about every 13 months.
Silent for over 3× the sector's normal cadence.
The last round was 8.8× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 79% of Other Technology peers (21302 compared).
Modeled value ranks above 43% of those peers.
Closest niche peers: Uni-Pixel, FoundationDB, Inc., Liaison Technologies, Inc., iDevices, LLC, Zafin Global Holdings Corp..
Peoplefiled
9 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.