Movac Emerge Fund 4 and Growth Fund 6 are acceptable managed funds under the Active Investor Plus visa.
Movac is New Zealand's most experienced venture capital firm. For the past 25 years, we have focussed on investing in high-growth potential technology companies.
Past portfolio companies include Vend (acquired by Lightspeed), Unleashed Software (acquired by EverCommerce), Aroa Biosurgery (listed on ASX), Coretex (acquired by ERoad), PowerbyProxi (acquired by Apple), Trade Me (acquired by Fairfax), eBus (acquired by IMD), GiveaLittle (acquired by Spark Foundation), and Greenbutton (acquired by Microsoft).
Every Movac fund has been in the top decile or top quartile globally when assessed on cash returned to investors.
Movac is the only New Zealand venture capital firm to have attracted significant institutional investment across multiple funds.
In addition, our investor base includes investor migrants, iwi, community trusts and family offices.
We believe there are currently two distinct opportunities to earn outsized returns in the New Zealand market, which will be served by two separate but complementary funds – Movac Emerge Fund 4 (focusing on pre-seed to Series A) and Movac Growth Fund 6 (focusing on Series A and beyond).
Emerge 4 Fund
Emerge Fund 4 will invest in high-growth tech companies raising pre-Seed to Series A.
This fund has reached first close at >$30m and remains open to new investors.
Our experience with companies like PowerbyProxi and Aroa Biosurgery has demonstrated that maximum returns can be achieved by being involved early and participating through multiple rounds with increasingly larger investments. This is a strategy we followed from Fund 1 to Fund 3, and continued to follow while deploying Fund 5, and will continue with Emerge Fund 4.
Growth 6 Fund
Growth Fund 6 will invest in high-growth tech companies raising Series A, B and C+ rounds.
This fund has now closed at ~$200m.
Our experience with companies like Vend, Unleashed, Mint and Dawn Aerospace has demonstrated that great returns can be achieved by being involved early and participating in multiple rounds with increasingly larger investments. This is a strategy we have continued to follow while deploying Fund 4 and Fund 5, and will continue with Growth Fund 6.
The minimum Investment from investors is NZ$50,000, which may be allocated across both Growth Fund 6 and Emerge Fund 4.
Note that you need to be a Wholesale Investor, as defined by the Financial Markets Conduct Act 2013.
Contact
If you would like to learn more about Movac and its funds, please contact Movac Partner Mark Vivian.
