Top 9 Venture Capital Firms in New Zealand in 2024

The venture capital ecosystem in New Zealand has undergone major growth over the last decade.

In this article, you will find some of the top venture capital firms in New Zealand investing across various sectors and industries.

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9 Venture Capital Firms in New Zealand

1) Blackbird Ventures

Blackbird Ventures is an Australian-founded VC firm that invests in worldwide digital firms.

Details of the VC firm:

• Country: Australia, New Zealand
• City: Auckland, Melbourne, Sydney
• Started in: 2012
• Founders: Bill Bartee, Larry Marshall, Niki Scevak, Richard Baker
• Industries: Enterprise, Deep Tech & Hard Science, Healthcare, Hardware, Education, Consumer
• Stages: Seed, Early Stage, Growth, IPO
• Minimum check size: $150,000
• Maximum check size: $7,000,000
• Number of investments: 199
• Number of exits: 10
• Funds raised: $791,700,000
• 3 remarkable investments: Redbubble, Zoox, Lifx

You can find their website here.

You can send them an email at contact@blackbird.vc.

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2) NZ Growth Capital Partners

NZGCP is New Zealand's government-backed fund investing startups from seed to series B stages.

Details of the VC firm:

• Country: New Zealand
• City: Auckland, Wellington
• Started in: 2002
• Founders: Annabel Cotton
• Industries: Deep Tech & Hard Science, SaaS, Agriculture, Healthcare
• Stages: Early Stage, Seed, Series A, Series B
• Number of investments: 155
• Number of exits: 1
• 3 remarkable investments: Narative, Kami, Aroa

You can find their website here.

You can send them an email at info@nzgcp.co.nz.

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3) Movac

Movac is a New Zealand's venture fund investing in tech companies from pre-series A to series C stages.

Details of the VC firm:

• Country: New Zealand
• City: Wellington
• Started in: 1998
• Founders: Phil Mccaw
• Industries: E-Commerce, Enterprise, SaaS, Deep Tech & Hard Science, Healthcare, InsurTech, Aerospace & Space
• Stages: Series A, Series B, Series C, Seed
• Maximum check size: $6,000,000
• Number of investments: 35
• Number of exits: 11
• Funds raised: $250,000,000
• 3 remarkable investments: Tracplus, Mobi2Go, Timely

You can find their website here.

You can send them an email at fiona@movac.co.nz.

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4) Pacific Channel

Pacific Channel is a multistage investor for deep tech companies in New Zealand.

Details of the VC firm:

• Country: New Zealand
• City: Auckland
• Started in: 2004
• Founders: Brent Ogilvie
• Industries: Climate & Sustainability, Automation, Food & Beverage, Industrial, Deep Tech & Hard Science
• Stages: Early Stage
• Number of investments: 35
• Number of exits: 6
• 3 remarkable investments: Tasmanion, Geo40, CropX

You can find their website here.

You can send them an email at enquiries@pacificchannel.com.

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5) FiveV Capital

Five Ventures provides growth equity to Australia & New Zealand’s late-stage companies.

Details of the VC firm:

• Country: Australia, New Zealand
• City: Sydney, Darlinghurst
• Started in: 2016
• Founders: Adrian Mackenzie, Srdjan Dangubic
• Industries: SaaS, AI & ML, E-Commerce, InsurTech, Fintech
• Stages: Series A, Series B
• Minimum check size: AU$1,000,000
• Maximum check size: AU$10,000,000
• Number of investments: 24
• Number of exits: 10
• Funds raised: AU$250,000,000
• 3 remarkable investments: Automic Group, Carma, Cydarm

You can find their website here.

You can send them an email at info@fivevcapital.com.

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6) Cure Kids Ventures

Cure Kids Ventures is a New Zealand-based investment fund specializing in providing seed funds to companies in the child health industry.

Details of the VC firm:

• Country: New Zealand
• City: Auckland
• Started in: 2008
• Industries: Healthcare, Health & Wellness
• Stages: Early Stage, Seed
• Number of investments: 22
• Number of exits: 4
• 3 remarkable investments: The A2 Milk Company, The Clinician, NZeno

You can find their website here.

You can send them an email at info@curekidsventures.co.nz.

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7) Aera VC

Aera VC is a sector-agnostic and geography-agnostic VC firm but preferentially invests in frontier and deep tech.

Details of the VC firm:

• Country: New Zealand, Australia, Thailand, Hong Kong, USA
• City: Auckland, Sydney, Bangkok, Hong Kong, New York, Los Angeles
• Started in: 2017
• Founders: Derek Handley, Keenan Kwok, Nick Winstone
• Industries: Climate & Sustainability, Deep Tech & Hard Science, Aerospace & Space, Food & Beverage
• Stages: Early Stage
• Number of investments: 21
• Number of exits: 1
• Funds raised: $30,000,000
• 3 remarkable investments: 54Gene, Aqua Cultured Foods, CabriCrete

You can find their website here.

You can send them an email at hello@aera.vc.

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8) Impact Enterprise Fund

Impact Enterprise Fund provides capital to New Zealand-based businesses with social or environmental impact.

Details of the VC firm:

• Country: New Zealand
• City: Auckland
• Started in: 2018
• Founders: Akina, New Ground Capital, Impact Ventures
• Industries: Climate & Sustainability, Education, Healthcare, Agriculture
• Stages: Early Stage
• Number of investments: 10
• Funds raised: $8,000,000
• 3 remarkable investments: Tether, Learncoach, CertusBio

You can find their website here.

You can send them an email at info@ief.co.nz.

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9) Zino Growth Fund

Zino Growth Fund provides growth capital to series A and series B New Zealand-based companies looking to expand into Chinese speaking market.

Details of the VC firm:

• Country: New Zealand
• City: Auckland
• Started in: 2016
• Founders: James (Jimmy) Wu
• Industries: Internet & Mobile, Media, Climate & Sustainability, Biotech, Healthcare, Food & Beverage, Agriculture, Fintech
• Stages: Series A, Series B
• Minimum check size: $1,000,000
• Maximum check size: $2,000,000
• Number of investments: 7
• Number of exits: 1
• 3 remarkable investments: Montoux, Kernel, Parrot Analytics

You can find their website here.

You can send them an email at info@zino.co.nz.

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