Stage FocusSeries A, Series B+
GeographyRest of World
TypeGovernment
Last Activity2025
Industry Focus
Industries
AI InfrastructureClimate TechAdvanced MaterialsAdvanced ManufacturingBiotech
Technical BenchLimited
Investor TypeGovernment Fund
ExposureSome DeepTech Investments
Bio
NZGCP Elevate is a New Zealand government-funded $500M fund-of-funds (original $300M plus $100M from Budget 2025), managed by NZGCP and overseen by the Guardians of NZ Superannuation Fund. The fund fills the Series A/B capital gap for high-growth New Zealand tech companies.
As of March 2025, 90% is allocated across 11 funds (8 fund managers plus 3 follow-ons), with $28M remaining. $483M has been ...
Notable Investments
P
Pacific ChannelN
Nuance Connected CapitalM
Movac Emerge Fund 4Similar Funds
Airtree Ventures
Sydney, Australia
GeneralistAI InfrastructureClimate TechMedTechSeedSeries A
Atomico
London, United Kingdom
GeneralistAI InfrastructureClimate TechMedTechSeries ASeries B+
BaltCap
Tallinn, Estonia
GeneralistAI InfrastructureClimate TechAdvanced ManufacturingSeries ASeries B+
Bessemer Venture Partners
Menlo Park, United States
GeneralistAI InfrastructureSpace TechClimate TechSeedSeries A
Blackbird
Sydney, Australia
GeneralistAI InfrastructureRoboticsSpace TechPre-SeedSeed
Felicis Ventures
Menlo Park, United States
GeneralistAI InfrastructureBiotechClimate TechSeedSeries A