Movac NZ

Venture Capital Est. 1998
Website →
USD 150M
Estimated FUM
Type
Venture Capital
HQ
Wellington, New Zealand
Founded
1998
Focus
Generalist Tech

About

Movac is one of the most experienced early-stage technology investors in New Zealand. Movac initially invested at the angel and seed stages, but today it focuses on growth investments (Series A and beyond). We look for New Zealand companies that have proven a product market, have a team in place to grow their business, revenues in place (typically $1-20m), and the potential to scale to $100m+ in revenue. Movac invests in all industries but has specialist capabilities in Saas (especially security, marketplaces, IoT and gaming), Life Sciences (devices and food and beverage tech), and high value manufacturing.

Investment Focus

Focus Areas
Stages
Series A Series B
Focus
Generalist Tech Consumer Products
Investment Geographies
Primary Markets
New Zealand
Coverage
Country-focused
Regions
Oceania

Coverage is a guide only.

Location

Headquarters
Wellington, New Zealand
Office Presence
1 country
New Zealand
1 known office
Wellington, New Zealand (HQ)

People also viewed

Accel-KKR
Accel-KKR is a leading mid-market software and technology investor, established in 2000 as a joint venture between leading venture investor Accel Partners and leading private equity firm KKR. Accel-KKR brings capital, expertise and a network of relationships to our portfolio companies, enabling them to grow faster and more profitably. Throughout the years, the firm has taken a collaborative approach to working with our management teams so that, together, we can help our companies reach their full potential. Accel-KKR focuses primarily on three types of transactions: buyouts of divisions, subsidiaries and business units from public companies; acquisitions and recapitalizations of closely-held private companies; and going-private transactions of small public companies.
Grok Ventures
Grok Ventures is the private investing vehicle of Mike Cannon-Brookes, co-founder of Atlassian and one of Australia's most successful technology entrepreneurs. Grok Ventures invests in fast-growing technology-enabled businesses with world-class management teams who are solving big problems. Grok particularly likes food and energy companies. We have private, patient, long-term capital, with the flexibility to participate from early-stage or seed financing through to late stage funding rounds (although we prefer to be involved earlier).
Bailador Technology Investments (BTI)
Bailador is a growth capital fund listed on the ASX and focused on the information technology sector. Bailador takes minority stakes in businesses within the technology sector that are seeking growth stage investment. We look for founder-run businesses that have a 2-6 year operating history, with a proven business model and repeat revenue generation, and an international customer base within a large market. Bailador especially likes the following business models: eCommerce, subscription-based internet businesses, online marketplaces, software, SaaS, high value data, online education, telecommunication applications and services.
Goldman Sachs
The Merchant Banking Division (MBD) is the investing and lending division of Goldman Sachs, and is one of the largest asset managers in the world. The capital of MBD is a mixture of Goldman's balance sheet plus external capital it has raised through a series of funds. MBD invests globally across almost all asset classes, including senior debt, mezzanine debt, late stage venture capital and growth equity, control private equity, infrastructure and real estate. Note that in certain markets, including in Australia and China, the Merchant Banking Division is known as the Principal Investment Area (PIA). Prior to August 2019, when all of the investing divisions of Goldman Sachs merged, Goldman Sachs had a separate investing and lending division known as the Special Situations Group (SSG). SSG focused on investing the firm's balance sheet in a wide variety of asset classes. It had no external capital. SSG was formed during the Asian Financial Crisis, and originally specialised in distressed lending and acquisition of distressed assets. However, SSG quickly expanded into a broader special situations investor, focusing on areas where other forms of capital were not flowing efficiently, or where returns are out sized versus in-house perceptions of risk.
Carthona Capital
Carthona Capital invests in all sectors other than renewables and resources. It can invest at the pre-revenue and idea stage, along with later rounds.
Allan Moss Investments
Allan Moss Investments is the private investment company of Allan Moss, CEO of Macquarie Bank from 1993 to 2008. Allan Moss Investments invests in a variety of industries and company stages.