New Zealand Growth Capital Partners

Founded in 2002, the New Zealand Venture Investment Fund is a government related investment firm based in Auckland Waterfront, New Zealand. The firm provides supports to technology, media, and communication sectors.
DM

David M. Flacks

Director

CJ

Chris Jagger

Investment Director

George Liddell

Investment Manager

BM

Brian Mayo-Smith

Deputy Chairman and Director

JP

James Palmer

Investment Manager

JP

James Pinner

Acting CEO

DP

Daniel Purcell

Associate Investment Director

RC

Roche C.F.A., Jason

Associate Investment Director

JR

Jacques Richter

Associate Investment Director

AT

Aaron Tregaskis

Investment Director

BU

Bridget Unsworth

Investment Director

OW

Owen Woodhouse

Investment Manager

MY

Molly Yang

Investment Manager

35 past transactions

Invert Robotics Limited

Series A in 2019
Invert Robotics Limited provides remote robotic inspection services for food and beverage industry. It offers visual inspection for storage tanks, spray dryers, cyclones, bag filters, fluid beds, and other vessels for cracks and defects; wall climbing robot platform and non-contact adhesion pads; and repair services. The company was founded in 2010 and is based in Christchurch, New Zealand.

Pathway Therapeutics

Series A in 2010
Pathway Therapeutics is focused on the discovery and development of best in class isoform selective inhibitors of PI3-kinase (PI3K) for the treatment of cancer and inflammatory diseases in targeted patient populations most likely to benefit.
Dotterel Technologies Limited develops and integrates a suite of noise reduction and audio enablement technology for unmanned aerial vehicle (UAVs). Its solution include Dotterel NRS technology used in UAV’s and multicopters. The company's solutions offers passive noise reduction, active noise filtering, and agritech. It serves agriculture and cinematography sectors. The company was founded in 2015 and is based in Auckland, New Zealand.

Designer Wardrobe

Angel Round in 2015
Designer Wardrobe Limited operates a peer-to-peer marketplace that lets people buy, sell, and rent women's pre-loved designer clothing and accessories. The company sells dresses, tees and tops, footwear, playsuits, shorts, jumpers, jacket and coats, skirts, pants, active wear, lingerie, jeans, shirts, and swim wear; and jewelry, eyewear, other accessories, and bags. It also rents dresses, playsuits, tops, bottoms, footwear, and bags through its stores in Auckland and Christchurch, New Zealand. The company was founded in 2012 and is based in Auckland, New Zealand.

Texus Fibre

Seed Round in 2013
Texus Fibre creates value for manufacturers by providing branded, high performance ingredient materials that harness the superb characteristics of natural wool.

Engender Technologies

Series A in 2016
Engender has developed a proprietary process to separate X (female) and Y (male) bearing bull sperm cells, enabling dairy farmers to accelerate genetic gain and improve productivity. Engender has secured scientific and laboratory facilities from one of the world’s largest AI companies in exchange for an option for it to non-exclusively license Engender’s technology.

Insite AI

Convertible Note in 2020
Every year, each large retailer & CPG needs to make billions of dollars of granular category management, merchandising, and supply chain decisions. Insite AI is a cutting edge machine learning company that enables them to make these decisions in advance, holistically, with confidence towards the utmost financial impact. We provide an AI-decision engine. This technology layer easily integrates to supercharge a retailer or CPG's workflow.

Insite AI

Pre Seed Round in 2018
Every year, each large retailer & CPG needs to make billions of dollars of granular category management, merchandising, and supply chain decisions. Insite AI is a cutting edge machine learning company that enables them to make these decisions in advance, holistically, with confidence towards the utmost financial impact. We provide an AI-decision engine. This technology layer easily integrates to supercharge a retailer or CPG's workflow.

Surgical Design Studios

Angel Round in 2019
Surgical Design Studios (SDS) was founded two years ago at the University of Auckland's Medical School department of surgery with help from MedTech CORE - a medical commercialisation arm funded by the Tertiary Education Commission and UniServices.

Footfalls & Heartbeats

Seed Round in 2013
Footfalls & Heartbeats Ltd. develops and manufactures textile structure that acts as a sensor. Its textile structure is used in various areas, including wound care, compression garment systems, infant monitoring, athlete monitoring, and remote monitoring of health and physiological symptoms; and other areas. The company was founded in 2010 and is based in Auckland, New Zealand.

Puteko

Seed Round in 2013
Puteko was founded in 2012 as a spin-off company of the Human Interface Technology Laboratory New Zealand. We produce both branded content and the technology to transform that content into personalized, immersive experiences. With the colAR Mix app, users can download branded artwork, color it in, and then bring it to life via interactive, three-dimensional, personalized animations. The app is available for free on iTunes, the Apple App Store, and the Google Play store. For more information, go to http://www.colarmix.com.

APIMATIC

Seed Round in 2014
APIMATIC Ltd. provides developer kits for APIs. The company enables users to create, import, validate, and generate SDKs for REST APIs. It also offers automatic code generation, a process where source code is automatically generated from a model or description of an API. The company was founded in 2010 and is based in Auckland, New Zealand.

Kami

Seed Round in 2016
Kami is on a mission to give teachers and students the power to change classroom learning and interaction so they can achieve more together. Kami is a web application that offers easy-to-use tools to millions needing a document and PDF solution. With the increasing number of American K-12 schools going paperless, Kami enables them to collaborate on publisher-supplied PDF files and worksheets using their Chromebooks or other devices. Kami is also available in the Chrome Web Store and Google Apps Marketplace, attracting millions of installs and gaining high user ratings.

Mobotech

Seed Round in 2012
Mobotech designs and manufactures robotic handling solutions for commercial applications. Its first product, Mobot, fills the gap between hand barrow and forklift. Due to health and safety constraints trucks doing deliveries of FMCG products are only running with 60% capacity. Its customers are large FMCG distributors/logistics companies. This disruptive technology gives logistics companies a ROI in less than 3 months. The Mobot is a patented small robotic forklift: offering more cost effective & safer distribution logistics for the fast moving consumer goods (FMCG), light industry, container de-stuffing and military industries. They are a New Zealand registered (2519891) Limited Company exporting to Australia, North America and Europe.

Proacta

Series B in 2007
Proacta Inc. is a private, clinical-stage, biopharmaceutical company headquartered in San Diego, California. They are focused on addressing unmet needs in the field of cancer with the development of hypoxia-activated prodrugs that target cancer cells. Proacta was founded on intellectual property generated in New Zealand at the University of Auckland and in the United States at Stanford University. Proacta's patent family covers a series of hypoxia-activated prodrugs designed to treat cancer. Expansion of this portfolio is supported by ongoing research at The University of Auckland. PR610 is the lead compound from their pipeline of pro-drugs based on hypoxia-activated tyrosine-kinase inhibitors. These pro-drugs selectively release active tyrosine-kinase inhibitors within the low-oxygen (hypoxic) environment found in many solid tumors. By shifting the release of active drug away from normal tissues and into cancer tissues, these drugs are predicted to be more effective and less toxic than currently available therapies. To date, Proacta has raised $43 million in two private financings. Investors include Alta Partners, Clarus Ventures, Delphi Ventures, Endeavour Capital (New Zealand), GBS Venture Partners (Australia), Genentech, No 8 Ventures (New Zealand) and Roche.

Postr Media Ltd.

Venture Round in 2018
Postr is an Android app that brings personalised and rewarding content to users. The app brings customised content feeds (including NZ Herald, GrabOne and MetService) and personalised advertisement with engagement mechanisms to user's lock screens and rewards users with Pocket Money (for hosting ads), which can be cashed out to their bank account, exchanged for deals or donated to charity.

HydrOxSys Limited

Seed Round in 2012
HydrOxSys was established in June 2012 to commercialise dense film asymmetric membrane technology. There is a growing need for novel water purification concepts based on membrane filtration. Global businesses and local governments require water extraction solutions that are scalable and cost effective and can survive harsh industrial process streams. Their mission is to develop revolutionary technologies to meet these needs.

Parrot Analytics

Seed Round in 2014
Parrot Analytics is a data science company that measures & predicts audience demand for media content, across all platforms, in all countries around the world. The company works with studios, networks, broadcasters, brands, agencies and OTT platforms; providing data and deep content expertise to drive content investment, distribution, acquisition, licensing, partnership and advertising decisions. Wielding the world's largest audience behavior datasets, Parrot Analytics has introduced a set of AI-powered solutions to future-proof the media industry. The company has already established its global Demand Measurement system as the TV industry's only global standard for assessing demand for content across platforms. In addition, the company has also introduced the media industry's leading Content Genome™ system to drive granular content decisions and the world's first context-aware discovery and recommendations engine – powered by its global demand data – to improve content monetization and enhance OTT consumer experience. Parrot Analytics believes in the magic of content and the impact it has on people's lives. The company's mission is to connect content creators with consumers by enabling data-driven content decisions along the entire value chain.

Invert Robotics Limited

Venture Round in 2018
Invert Robotics Limited provides remote robotic inspection services for food and beverage industry. It offers visual inspection for storage tanks, spray dryers, cyclones, bag filters, fluid beds, and other vessels for cracks and defects; wall climbing robot platform and non-contact adhesion pads; and repair services. The company was founded in 2010 and is based in Christchurch, New Zealand.

Glassjar

Seed Round in 2014
Glassjar designs and develops software that enables its users to manage their flat's shared expenses. It offers Flatting, a software product that enables its users to keep track of their flat's expenses, including flat account, flat-mates, and payments. The company offers a dashboard that provides an overview of their flat accounts, such as how much is available to spend, each person’s ledger, and summaries of their previous spending. Glassjar was founded by Matthew Galloway and George Smith in 2013; and is headquartered in Wellington, New Zealand.

Coherent Solutions Ltd

Series A in 2017
Coherent Solutions has been enabling engineers and researchers to fully characterize optical pulses. Our skills, experience, and capabilities have grown and so has the market.
Upside is developing the most advanced and best treatment for severe burns. The Upside product is a regenerative medicine solution to current shortcomings in the current treatment of severe burns patients. Upside will take a small sample of unburnt patient skin and grow it into differentiated, graftable skin in order to cover the patient’s own burns. Product advantages are that Upside's engineered skin is produced faster than any competitive pipeline product, it is supplied in bigger sheets and has good handling characteristics. Upside has intellectual property covering the processes conferring these specific advantages.

Fileinvite

Venture Round in 2018
FileInvite Limited develops software which arranges files and collects information. The company was founded in 2013 and is based in Penrose, New Zealand.

Appreciation Engine

Angel Round in 2012
Appreciation Engine is the platform that collects all customer insights in a single view in real-time. Their simple dashboard helps to create loyal fans, improve open rates, save marketing dollars, and drive revenue easily using their customer data. It also helps digital marketers improve open rates and save money on advertising spend. Appreciation Engine was founded in 2011 and is headquartered in Victoria, British Columbia, Canada.

Biolumic Limited

Seed Round in 2016
Biolumic Limited provides lighting solutions based on smart light array technology for horticultural producers. It focuses on developing treatments for transplant crop seedling quality; growth and quality regulation of indoor produced leafy vegetables and salad herbs; and pathogenic disease treatments for a range of horticultural crops. The company was incorporated in 2012 and is based in New Zealand.

Booktrack

Convertible Note in 2012
Booktrack Ltd. operates a content creation and distribution platform that turns reading into a movie-like experience. The company offers Booktrack Studio, a content creation software that synchronizes movie-style soundtrack, including music, ambient audio, and sound effects—to an e-Book or other digital text content, with the audio paced to individual’s reading speed. It offers e-books with soundtracks for iPhones, iPads, PCs, Android tablets, and MAC devices. The company was founded in 2008 and is based in Auckland, New Zealand with an additional office in Toronto.

Postr Media Ltd.

Venture Round in 2017
Postr is an Android app that brings personalised and rewarding content to users. The app brings customised content feeds (including NZ Herald, GrabOne and MetService) and personalised advertisement with engagement mechanisms to user's lock screens and rewards users with Pocket Money (for hosting ads), which can be cashed out to their bank account, exchanged for deals or donated to charity.

Mish Guru Limited

Angel Round in 2015
Mish Guru is a full service storytelling suite for Snapchat and Instagram Stories that scales a brand’s content team, quickly. Over one billion Stories are created on Snapchat and Instagram every single day. Mish Guru has been helping brands like Coca-Cola, McDonald’s, and Spotify for the past four years tap into real Stories, on the channels where their audience are paying attention. Ephemeral storytelling channels are content hungry and chaotic, and the people who work as marketers in this industry deserve a freakin’ medal. So, we made this software instead.

Nyriad

Series A in 2018
Nyriad is a global software technology company.

SwipedOn

Seed Round in 2018
SwipedOn is a developer of visitor management applications offered to customers across the globe on a monthly subscription basis. The company was founded in 2013, which started off on Apple's App Store selling a digital replacement for corporate visitor books, running on iPads. Its goal is to replace the traditional paper visitor books with an iPad application that generates enough sales for organic growth. In October 2018, SwipedOn was acquired by Smartspace Software.

Rocos Global Limited

Seed Round in 2018
Rocos Global Limited offers software and cloud platform to design, monitor, control, and automate robots. It provides robot health, to monitor and analyze robot telemetry in real-time; robot control, a control stack for teleoperation; data pipeline management; shared data replay; automate operations; and virtualization. The company was founded in 2017 and is based in Parnell, New Zealand.

Kami

Seed Round in 2015
Kami is on a mission to give teachers and students the power to change classroom learning and interaction so they can achieve more together. Kami is a web application that offers easy-to-use tools to millions needing a document and PDF solution. With the increasing number of American K-12 schools going paperless, Kami enables them to collaborate on publisher-supplied PDF files and worksheets using their Chromebooks or other devices. Kami is also available in the Chrome Web Store and Google Apps Marketplace, attracting millions of installs and gaining high user ratings.

MiniMonos

Venture Round in 2010
MiniMonos.com is a virtual world for children who love to play and love the planet. On the site, kids create monkey avatars, make friends, decorate their treehouses, and play games. MiniMonos is “fun first” and kids join to play, not to learn – but the site has core messages of sustainability, generosity and community embedded throughout. Every purchase on MiniMonos supplies clean water to kids in India (over 14,000 days to date); we’ve adopted orangutans and supported wild tigers, and kids get in-world rewards for real-world eco-actions. The site, which launched out of beta April 1, 2011, has been growing by more than 20% per month for the past nine months and now has more than 300,000 registered members; it is generating revenue through subscriptions and microtransactions from its target market of 8-12-year-old boys. The top four countries for registrations are the US, the UK, Australia, and New Zealand; memberships are being driven through natural traffic (word of mouth), Google Adwords, the Miniclip games aggregator site, and PR, primarily kids’ television. The company has just launched TV commercials in the UK and will be launching branded prepaid cards in Sainsbury's nationwide in October. MiniMonos has been going for two years and is led by a solid and committed team of startup veterans; the CEO, Melissa Clark-Reynolds, has more than 20 years of experience as a successful entrepreneur. MiniMonos raised initial capital in New Zealand and is also incorporated in the US and the UK.

Dotterel Technologies Limited

Convertible Note in 2017
Dotterel Technologies Limited develops and integrates a suite of noise reduction and audio enablement technology for unmanned aerial vehicle (UAVs). Its solution include Dotterel NRS technology used in UAV’s and multicopters. The company's solutions offers passive noise reduction, active noise filtering, and agritech. It serves agriculture and cinematography sectors. The company was founded in 2015 and is based in Auckland, New Zealand.

Quantec Limited

Venture Round in 2011
Quantec Limited is a New Zealand-based company specialising in high-value bioactives from natural products. These bioactives are then developed into proprietary ingredient formulations for use in finished product applications such as human health and animal health.