Anacacia Capital completed an investment in Mwave.

Anacacia Capital, an Australian fund manager, completed an investment in Mwave, an online retailer, with participation from Mwave’s management team, Right Click Capital, and Gary Levin. Financial terms were not disclosed. “The Anacacia team demonstrated a clear willingness to understand the unique characteristics of our business model and our industry. We are excited about this next chapter with Anacacia, and I believe Mwave will continue to go from strength to strength,” Victor Lee, Mwave Founder.