Our Funds
From the earliest days of New Zealand’s technology sector, Movac has been present.
Investing alongside the pioneers building what was once an emerging industry. Our funds tell this story, of a sector coming of age: its ambition, its progression, and its succession.
$922m
Raised in funds
9
Thoughtfully raised funds
14+
Successful exits
60+
Companies invested into
Nine thoughtfully raised funds
A history of successful fundraising
1999
Fund 1
A Seed fund, backing some of New Zealand’s earliest tech Founders and helping validate new ideas in emerging markets.
2005
Fund 2
A Seed – Series A/B fund of $21m, supporting early-stage Founders to refine ideas into investable, scalable businesses.
2011
Fund 3
A Seed – Series A/B fund of NZ$42m, backing technology companies transitioning from early traction into scalable growth.
2016
Fund 4
A Seed – Series A/B fund of $110m, supporting companies expanding beyond initial markets and scaling revenue operations.
2020
Fund 5
A Seed – Series A/B fund of $250m. At the time NZ’s largest tech fund ever raised, providing larger funding as both companies and sector matured.
2022
Growth Fund 6
A Late Growth fund (Series A–D+) of $202m, with a more concentrated portfolio of just six companies.
2023
Emerge Fund 4
An early-stage fund offering seed funding to emerging AI and DeepTech companies. With a final close of $45m.
2025
Growth Opportunity Fund 1
A secondary fund of $50m, the first of its kind in the country, to buy existing shares in NZ/AUS growth-stage tech companies.
2026
Growth Fund 7
A Late Growth fund (Series A–D+) of $200m, with a more concentrated portfolio of 6-12 companies, and a focus on scaling.
Tech building or tech backing?
If you’re building a tech business and looking for quality capital, or wanting to invest alongside an experienced sector-expert partner, we welcome you to get in touch in whatever way suits you best.
