Punakaiki Fund

Punakaiki Fund is a venture capital firm based in Auckland, New Zealand, that provides long-term equity funding to high-growth, revenue-generating technology companies. The firm concentrates on the information technology sector, with a focus on software as a service and B2B software across New Zealand, supporting early-stage and growth-stage ventures that show scalable business models and strong potential for regional and national expansion.

Nadine Hill

Investment Director

Ben Kay

CFO

Rohan MacMahon

Partner

Jez Weston Ph.D

Partner

Lance Wiggs

Director

Past deals in Australasia

Mobi2Go

Series C in 2022
Founded in 2005, Mobi2Go operates a digital ordering platform for restaurants and hospitality businesses worldwide. Its end-to-end solutions enable customers to order food online via mobile apps, increasing revenue, reducing wait times, and enhancing customer experience.

Formus

Seed Round in 2022
Formus is a technology company focused on enhancing personalized orthopedics through advanced AI and computational biomechanics. Founded on two decades of research at the Auckland Bioengineering Institute, the company has developed a 3D pre-operative planning platform that is cleared by regulatory agencies in key markets. This technology has been utilized in over 3,000 hip replacement surgeries across more than 25 medical facilities in Australia, New Zealand, Japan, and the United States. Formus's platform utilizes an interactive, AI-driven system to customize workflows for orthopedic procedures, allowing for precise selection and placement of implants tailored to individual patients. By collaborating with implant manufacturers and integrating with existing industry workflows, Formus aims to improve surgical outcomes while enhancing efficiency and scalability in orthopedic practices.

Mobi2Go

Series B in 2021
Founded in 2005, Mobi2Go operates a digital ordering platform for restaurants and hospitality businesses worldwide. Its end-to-end solutions enable customers to order food online via mobile apps, increasing revenue, reducing wait times, and enhancing customer experience.

Mobi2Go

Seed Round in 2019
Founded in 2005, Mobi2Go operates a digital ordering platform for restaurants and hospitality businesses worldwide. Its end-to-end solutions enable customers to order food online via mobile apps, increasing revenue, reducing wait times, and enhancing customer experience.

Mobi2Go

Series A in 2018
Founded in 2005, Mobi2Go operates a digital ordering platform for restaurants and hospitality businesses worldwide. Its end-to-end solutions enable customers to order food online via mobile apps, increasing revenue, reducing wait times, and enhancing customer experience.

Quantifi Photonics

Series A in 2017
Quantifi Photonics Limited, formerly known as Coherent Solutions Ltd, is a New Zealand-based company that specializes in developing and manufacturing test and measurement solutions for the optical communications market. Incorporated in 2012 and headquartered in Auckland, the company provides a wide range of optical test and measurement equipment essential for the production of fiber optic communication systems, modules, and components. Its product offerings include modular optical test platforms, tunable laser sources, optical-electrical converters, variable optical attenuators, inline and terminating power meters, and polarization controllers. Additionally, Quantifi Photonics delivers coherent communication solutions such as optical modulation analyzers, transmitters, automatic bias controllers, and coherent receiver testers, as well as optical pulse analysis instruments. The company’s innovative solutions cater to both manufacturing and research applications, supporting engineers and researchers in the characterization and testing of optical technologies.

Hayload

Seed Round in 2016
Hayload Co. is a New Zealand-based company that offers a paperless management solution tailored for the global agricultural contracting industry. The company's platform is designed to streamline job management and administrative processes, thereby enhancing operational efficiency. By leveraging modern technology, Hayload enables agricultural businesses to reduce administration hours and improve team connectivity. In addition to its core management services, the platform includes tractor management capabilities, allowing users to efficiently track job-related information. Hayload's aim is to support the development of more effective agricultural businesses through innovative management solutions.

RedSeed

RedSeed Ltd is a training company specializing in online retail education aimed at enhancing sales and improving customer experiences. Established in 2008 and headquartered in Christchurch, New Zealand, with an additional office in Darlinghurst, Australia, RedSeed offers a range of courses focused on customer service, retail sales, retail coaching, and retail recruitment. The company utilizes a blended learning approach, combining various training methodologies to effectively change behaviors and deliver measurable results for its clients.

Devoli

Devoli Limited, established in 2008 and based in Auckland, New Zealand, specializes in network automation tools for Internet service providers and channel partners. Its product suite includes Vumeda and Granulier (Internet service portals), Articulor (voice service), Cephor (automation platform), and Vorsper (global network solution). Devoli differentiates itself by maintaining its own International Data Network, ensuring high-quality, reliable services at competitive costs. The company's tools enable clients to create new revenue streams by selling voice, data, and internet services without increasing headcount or staff training, leveraging their brand and audience for a high-margin telecommunications business.

ONCE'IT

ONCE’IT is the one stop destination for luxury fashion and accessories, better yet, it’s all at insider prices. ONCE’IT gives members access to hand selected ranges from exclusive brands that rarely sell online or discount their product. Instantly shop New Zealand’s most sought-after premiere designers in fashion, accessories, home decor & more. Featuring a covetable range of sales launching daily.

Mobi2Go

Founded in 2005, Mobi2Go operates a digital ordering platform for restaurants and hospitality businesses worldwide. Its end-to-end solutions enable customers to order food online via mobile apps, increasing revenue, reducing wait times, and enhancing customer experience.

RedSeed

RedSeed Ltd is a training company specializing in online retail education aimed at enhancing sales and improving customer experiences. Established in 2008 and headquartered in Christchurch, New Zealand, with an additional office in Darlinghurst, Australia, RedSeed offers a range of courses focused on customer service, retail sales, retail coaching, and retail recruitment. The company utilizes a blended learning approach, combining various training methodologies to effectively change behaviors and deliver measurable results for its clients.
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