New Zealand Venture Investment Fund

Profile

New Zealand Venture Investment Fund is a government-backed investment entity based in New Zealand. It is designed to support and grow the venture capital market in the country, contributing to the growth of innovative businesses. The fund does not operate as a private standalone venture but rather acts in concert with private venture capitalists to stimulate investment activity in various sectors. The team works closely with government officials and industry stakeholders, focusing on fostering entrepreneurial ecosystems within New Zealand.

Their investment focus includes a wide range of sectors like Digital, E-commerce/Marketplace, and Technology. They invest in various stages from Seed to Series A, primarily targeting companies within New Zealand. Their goal is to catalyze private investment in promising startups and technology firms by providing equity funding. The New Zealand Venture Investment Fund does not specify AUM nor lists individual funds due to its unique structure as a quasi-governmental entity.

Notable investments include Xero - cloud accounting software, Rocket Lab - aerospace manufacturer and small satellite launch service provider, and Vend - retail management software platform. The fund's role in these investments supports its mission to provide significant capital to local enterprises with high growth potential. The fund typically participates in rounds alongside private venture firms, providing substantial leverage to attract further investments.