The Icehouse

Established in 2001, The Icehouse is a not-for-profit organization based in Auckland, New Zealand. It supports small and medium-sized enterprise owners and entrepreneurs by providing growth assistance. Backed by the New Zealand government, it focuses on helping Kiwi founders build global companies.

Stephanie Benseman

Principal

Mason Bleakley

Principal

Tom Furlong JD

Venture Partner

Bex Gidall

Associate

Lane Litz

Venture Partner

Past deals in GreenTech

BioLumic

Series B in 2025
BioLumic harnesses light signals to enhance plant growth and unlock crops' natural genetic potential. Its photogenics platform improves yield, vigor, disease resistance, and crop composition across various seeds and seedlings, without the use of chemicals or amendments.

Kwetta

Series A in 2025
Kwetta is a technology company specialising in electric vehicle (EV) charging infrastructure. It develops innovative grid charging systems that enhance power grid efficiency and capacity, supporting a wide range of EVs, from cars to heavy vehicles. By seamlessly integrating with existing infrastructure, Kwetta's technology enables EV owners and grid operators to optimise energy usage and accelerate the transition to electrified transportation.

Marama Labs

Seed Round in 2024
Founded in 2019, Marama Labs develops and markets a novel UV-Vis spectroscopy technology for scientific-analytical instrumentation. Its instrument measures absorption, extinction, and scattering spectra of clear and turbid liquids, helping customers maintain sample integrity, reduce preparation steps, and improve measurement turnaround time.

Mushroom Material

Seed Round in 2024
Mushroom Material develops sustainable packaging solutions using mushroom roots as the primary material. Their products mimic the protective properties of polystyrene but are biodegradable, customizable, fire-resistant, waterproof, and have a limitless sustainable supply.

Vertus Energy

Seed Round in 2024
Vertus Energy is a climate tech startup focused on accelerating the global transition to green energy. The company specializes in developing advanced technologies for producing biofuel from waste materials. Their BRIO™ technology significantly enhances the efficiency of this process, generating 60% more energy from the same amount of waste compared to traditional methods. Additionally, it processes three times the volume of waste than other systems available on the market. Vertus Energy's approach involves using anaerobic digesters and carbon sequestration and conversion technologies to transform pollutant waste into usable energy, making it a key player in efforts to de-fossilize heavy industries and combat climate change.

Miruku

Seed Round in 2024
Miruku is a startup developing animal-free milk proteins using plant technologies. It aims to produce these proteins cost-effectively and sustainably, potentially revolutionizing the dairy industry.

Marama Labs

Seed Round in 2024
Founded in 2019, Marama Labs develops and markets a novel UV-Vis spectroscopy technology for scientific-analytical instrumentation. Its instrument measures absorption, extinction, and scattering spectra of clear and turbid liquids, helping customers maintain sample integrity, reduce preparation steps, and improve measurement turnaround time.

Aspiring Materials

Venture Round in 2023
Aspiring Materials develops carbon capture technology that extracts mineral products from silicate rocks using magnesium hydroxide. This process generates a powdery material capable of removing and solidifying carbon dioxide at emission sources, such as industrial exhaust systems.

OpenStar Technologies

Seed Round in 2023
OpenStar Technologies is a renewable energy company specializing in the development of fusion reactors. Its core business involves generating safe, clean, and carbon-free baseload electricity for the grid. The company's innovative approach uses dipole magneto confinement fusion, which allows for the creation of large, powerful reactors while minimizing the use of superconducting wire. This technology enables OpenStar to hold onto heat for longer periods, making it an efficient solution for continuous power supply.

Vortex Power Systems

Venture Round in 2023
Vortex Power Systems Limited is a New Zealand-based company, founded in 2017, that specializes in innovative energy technology aimed at enhancing power generation efficiencies. The company has developed a proprietary system for capturing and converting low-grade waste heat from existing thermal power stations into electricity. This technology operates by creating and controlling a vortex in the atmosphere, generating winds that drive a power generation turbine. By utilizing waste heat energy from cooling water streams in thermal processes, Vortex Power Systems provides a zero-carbon solution that supports the energy industry's transition towards cleaner energy production and addresses concerns related to global warming and carbon emissions.

Daisy Lab

Seed Round in 2023
Daisy Lab is a New Zealand-based company developing precision fermentation to produce dairy-identical proteins without cows. Its approach uses microbes to replace traditional dairy production, aiming to reduce greenhouse gas emissions and lessen land and water use while maintaining animal-friendly practices. By harnessing local dairy ecosystem expertise, the company seeks to create dairy proteins that support sustainability, climate change mitigation, and food security.

Mint Innovation

Series C in 2023
Mint Innovation Limited, founded in 2016 and headquartered in Auckland, New Zealand, specializes in metal recovery services from electronic waste, mining residues, and other toxic metal waste. The company employs bio-metallurgical processes that utilize microbes to extract valuable metals from waste streams, thereby reducing environmental impact. With a team experienced in chemistry and biotechnology, Mint Innovation is focused on scaling its innovative technology at its Auckland facilities to showcase the commercial viability of its biometallurgy methods.

Dawn Aerospace

Series A in 2022
Dawn Aerospace designs and manufactures reusable spacecraft and launch systems to enable frequent, sustainable access to space. The company develops same-day reusable launch vehicles that can operate with ordinary airspace and aircraft, without specialized space-launch infrastructure, and non-toxic, storable propulsion systems for satellites of all sizes, including CubeSats, offering higher performance while reducing reliance on toxic fuels. Dawn aims to provide end-to-end space transportation capabilities for deployment, positioning and return of spacecraft in a scalable, environmentally conscious manner. Founded in 2016, Dawn is based in New Zealand and the Netherlands, with research, manufacturing and testing facilities in Auckland and Delft.

BioLumic

Series B in 2022
BioLumic harnesses light signals to enhance plant growth and unlock crops' natural genetic potential. Its photogenics platform improves yield, vigor, disease resistance, and crop composition across various seeds and seedlings, without the use of chemicals or amendments.

Foundry Lab

Series A in 2021
Foundry Lab is a digital metal casting company that specializes in innovative microwave casting technology, allowing for same-day turnaround of metal castings. The company has developed a software tool that automatically generates dense metal parts from computer-aided design files, ensuring that these parts maintain the same physical properties as traditionally cast metal. This technology provides a push-button, hands-free manufacturing process, enabling manufacturers to produce on-demand, high-quality metal components with significantly reduced costs, time, and environmental impact compared to conventional foundry methods.

Vertus Energy

Pre Seed Round in 2021
Vertus Energy is a climate tech startup focused on accelerating the global transition to green energy. The company specializes in developing advanced technologies for producing biofuel from waste materials. Their BRIO™ technology significantly enhances the efficiency of this process, generating 60% more energy from the same amount of waste compared to traditional methods. Additionally, it processes three times the volume of waste than other systems available on the market. Vertus Energy's approach involves using anaerobic digesters and carbon sequestration and conversion technologies to transform pollutant waste into usable energy, making it a key player in efforts to de-fossilize heavy industries and combat climate change.

Aspiring Materials

Seed Round in 2021
Aspiring Materials develops carbon capture technology that extracts mineral products from silicate rocks using magnesium hydroxide. This process generates a powdery material capable of removing and solidifying carbon dioxide at emission sources, such as industrial exhaust systems.

Dawn Aerospace

Venture Round in 2021
Dawn Aerospace designs and manufactures reusable spacecraft and launch systems to enable frequent, sustainable access to space. The company develops same-day reusable launch vehicles that can operate with ordinary airspace and aircraft, without specialized space-launch infrastructure, and non-toxic, storable propulsion systems for satellites of all sizes, including CubeSats, offering higher performance while reducing reliance on toxic fuels. Dawn aims to provide end-to-end space transportation capabilities for deployment, positioning and return of spacecraft in a scalable, environmentally conscious manner. Founded in 2016, Dawn is based in New Zealand and the Netherlands, with research, manufacturing and testing facilities in Auckland and Delft.

Mushroom Material

Pre Seed Round in 2020
Mushroom Material develops sustainable packaging solutions using mushroom roots as the primary material. Their products mimic the protective properties of polystyrene but are biodegradable, customizable, fire-resistant, waterproof, and have a limitless sustainable supply.

Carbon Click

Seed Round in 2020
Carbon Click is a carbon offsetting platform designed to help businesses mitigate their environmental impact by offering carbon offsets to customers. The platform eliminates the need for businesses to develop their own offsetting programs by providing a comprehensive solution that includes a roster of fully audited carbon offsetting partners. Additionally, Carbon Click features an impact dashboard that allows users to track and share the carbon reductions achieved through their purchases. This approach not only enables companies to neutralize their carbon footprint but also encourages customer engagement in climate action.

ZeroJet

Seed Round in 2020
ZeroJet is a company focused on developing electric jet propulsion systems specifically for the marine industry. By providing powerful, compact, and lightweight propulsion solutions, ZeroJet aims to facilitate the transition to sustainable energy for boatbuilders. Their technology is particularly suited for tenders and rigid inflatable boats (RIBs), enabling manufacturers to replace traditional combustion engines with electric systems. This innovation supports the broader goal of reducing the environmental impact of small watercraft, promoting a more sustainable future for the boating industry.

Mint Innovation

Series B in 2020
Mint Innovation Limited, founded in 2016 and headquartered in Auckland, New Zealand, specializes in metal recovery services from electronic waste, mining residues, and other toxic metal waste. The company employs bio-metallurgical processes that utilize microbes to extract valuable metals from waste streams, thereby reducing environmental impact. With a team experienced in chemistry and biotechnology, Mint Innovation is focused on scaling its innovative technology at its Auckland facilities to showcase the commercial viability of its biometallurgy methods.

Dawn Aerospace

Seed Round in 2018
Dawn Aerospace designs and manufactures reusable spacecraft and launch systems to enable frequent, sustainable access to space. The company develops same-day reusable launch vehicles that can operate with ordinary airspace and aircraft, without specialized space-launch infrastructure, and non-toxic, storable propulsion systems for satellites of all sizes, including CubeSats, offering higher performance while reducing reliance on toxic fuels. Dawn aims to provide end-to-end space transportation capabilities for deployment, positioning and return of spacecraft in a scalable, environmentally conscious manner. Founded in 2016, Dawn is based in New Zealand and the Netherlands, with research, manufacturing and testing facilities in Auckland and Delft.

BioLumic

Seed Round in 2016
BioLumic harnesses light signals to enhance plant growth and unlock crops' natural genetic potential. Its photogenics platform improves yield, vigor, disease resistance, and crop composition across various seeds and seedlings, without the use of chemicals or amendments.

Mint Innovation

Seed Round in 2016
Mint Innovation Limited, founded in 2016 and headquartered in Auckland, New Zealand, specializes in metal recovery services from electronic waste, mining residues, and other toxic metal waste. The company employs bio-metallurgical processes that utilize microbes to extract valuable metals from waste streams, thereby reducing environmental impact. With a team experienced in chemistry and biotechnology, Mint Innovation is focused on scaling its innovative technology at its Auckland facilities to showcase the commercial viability of its biometallurgy methods.

ZyGEM

Seed Round in 2010
ZyGEM Corporation Ltd is a company focused on the development of DNA and RNA extraction products tailored for the life sciences and forensic markets. Its innovative offerings aim to enhance the speed, yield, and accuracy of analytic processes. ZyGEM specializes in identifying rare microorganisms from extreme environments, serving a diverse range of applications including basic research, forensics, molecular diagnostics, environmental sustainability, and agriculture. By providing advanced extraction and detection solutions, ZyGEM enables customers to access cutting-edge technology that supports various life sciences and industrial needs.

Hot Lime Labs

Hot Lime Labs develops carbon dioxide capture technology for commercial greenhouses. It produces sustainable CO2 from waste wood and other waste organic material, recovering clean CO2 from the combustion process for use in greenhouses to improve crop yields and support higher food production while reducing environmental impact by using renewable waste streams.

Neocrete

Neocrete is a manufacturing company specializing in the production of sustainable, carbon-neutral concrete. It offers a range of products, including concretes, mortars, dry building mixtures, grouts, and cement, all enhanced with a low-carbon, pozzolanic multifunctional additive. This additive reduces the cement content and embodied carbon in the final products, while also increasing strength, accelerating setting time, and improving durability and waterproofing. Neocrete's mission is to help the construction industry transition towards sustainability by providing these eco-friendly alternatives.

Compostic

Compostic, a New Zealand-based company, specializes in producing sustainable packaging solutions. It operates a brand offering a zero-waste, home-compostable cling wrap and resealable bags, providing an eco-friendly alternative to traditional plastics. These products are vegan-friendly and decompose within a short duration in home compost, addressing the global plastic waste issue.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.