Note: Movac is not currently investing in therapeutics, and in order to seek investment, companies must have links to New Zealand.
Founded in 1998, Movac is New Zealand's most experienced and successful venture capital firm. A generalist fund manager, Movac is currently investing from three funds:
1. - The Emerge fund, an early-stage NZ$45M (~US$25M) fund focused exclusively on deeptech companies,
2. - The Growth Fund, which targets opportunities from Series A onward, and
3. - The Growth Opportunities Fund, A secondary fund focused on Growth stage companies.
For early-stage opportunities (Pre-seed to Series A), Movac typically allocates between NZ$500k - NZ$3M and has the ability to either lead or co-invest.
The firm primarily engages with companies that have a direct connection to New Zealand, either through material operations in the region, and/or NZ citizens amongst their senior leadership team.
