Snowball Effect

Oriens Capital is focused on mid-market investments into businesses headquartered in regional New Zealand. Oriens Capital is focused on investment in high quality businesses with strong franchises within its chosen markets, unique products or services, sustainable supply of business inputs and control of their market distribution channels. We are particularly focused on food production, agri-tech and services, industrial and specialist manufacturing, transport and logistics, export businesses, and tourism. We do not invest in farming, forestry, property, retail or mining.

The Impact Enterprise Fund provides growth capital to businesses who deliver social and/or environmental impact, alongside attractive financial returns. The Impact Enterprise Fund is a collaboration between the ?kina Foundation, New Ground Capital and Impact Ventures. The Impact Enterprise Fund is New Zealand's first domestic focused impact investment fund.

Zino Ventures invests in New Zealand businesses with the potential to scale into Chinese speaking markets. Zino Ventures has an angel fund that invests in earlier-stage companies, and a newly raised growth fund that looks to invest into high quality NZ companies and help them grow into Chinese speaking markets. Generally our growth investments are $1-2m and into companies that have a product or service that has been validated in NZ and which is a unique proposition in the Chinese speaking markets. Zino will add value to these opportunities by working with management to identify the optimal Asian expansion strategy and then applying our resources, including deep in–market relationships and experience to execute on these strategies. We look at a variety of sectors including market sectors including IT and telecommunications (digital, media, mobile and web), clean tech and renewable energy, biotech, medical devices, food and beverages, financial services, agriculture, AR/VR entertainment, and the Internet of Things.

The Ice Angels is a leading New Zealand based angel network that invests in and supports exceptional teams that are exploiting global opportunities. Since 2003, members of the Ice Angels have collectively invested over $90m into 148 companies. Our portfolio represents a broad range of industries including software, mobile, gaming, web, medical devices, biotech and advanced manufacturing.

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.

Icehouse Ventures is a venture capital firm investing through multiple funds in privately held technology companies from pre-seed to pre-IPO.

Goldman Sachs is a diversified financial institution. Its Asset Management business provides investment and advisory services across public and private markets, including alternatives; in 2026, it acquired venture-capital platform Industry Ventures.

Direct Capital is New Zealand's largest private equity fund and one of its oldest, having raised five funds since commencing in 1994. Direct Capital is interested in mid-market investment opportunities in Australia and New Zealand, with proceeds usually used for growth (onshore or offshore), acquisitions, or for succession planning strategies. We make both minority and majority investments. We bring both capital and expertise, and work alongside existing owners to grow business value. We are especially adept at expansion into Australia, and helping with board appointments and governance.

Blackbird is an Australia and New Zealand venture capital firm backing ambitious technology companies from the earliest stages through later growth. It invests across software, deep tech, climate, fintech, health and other technology-led sectors, with portfolio companies including Canva, SafetyCulture, Culture Amp, Zoox and Halter.

Waterman Capital is a private equity investor into mid-market New Zealand based businesses. Waterman makes both controlling and non-controlling investments for the purpose of acquisitions, expansions, restructuring, succession planning or simply a change of ownership. We are active investors and provide in-house operational resources to our investee companies.

Maui Capital is an Auckland based private equity firm that invests alongside founders in Australian and New Zealand businesses. Maui takes both minority and majority (control) positions in a wide variety of industries. Maui especially likes industry aggregation opportunities, business turnarounds, and companies with significant growth potential including offshore expansion.

New Zealand Venture Investment Fund (NZVIF) is a crown-owned fund-of-funds and direct venture capital investor backing high-growth New Zealand companies through investments in locally-managed venture capital funds and co-investments.